Outdoor Retailer Parent Files For IPO
Revenues in the sports trade show industry sector, which includes Outdoor Retailer, Surf Expo and Interbike, grew at a CAGR of 14 percent from 2014 to 2016.
JanSport Collegiate Licensed Apparel Faces Layoffs
VF Corp. is eliminating 380 jobs due to the closing of its apparel decoration operations. The layoffs are related to its JanSport Collegiate Licensed Apparel business, which will be winding down business over the coming months.
Zumiez Sees Modest March Comp Gain
The action sport retailer’s comparable sales increased 1.1 percent for the five-week period compared to a comparable sales decrease of 7.8 percent in the year ago period.
Krimson Klover Names Marketing Department Lead
Emelie Ortiz, a veteran in sport and activewear marketing, will lead the company’s marketing and communication department at its new headquarters in Boulder.
Hudson’s Bay Co. Shows Loss In Q4
Jerry Storch, HBC’s CEO, said, “The past year was a disruptive one for the retail industry. While the department store sector remains challenging, we are taking decisive action and making the tough decisions to ensure continued performance should the current environment persist.”
Pearl Izumi To Sponsor USA Triathlon
Pearl Izumi will outfit the elite athletes on the USA Triathlon and USA Paratriathlon National Teams with cycling apparel to wear at ITU events and for training purposes.
Majestic Deal: A Win For Fanatics And Easton, PA
At a media event held at Majestic’s plant in Easton, PA, Fanatics Owner and Executive Chairman Michael Rubin said he was “incredibly proud of the craftsmanship that goes into a Major League Baseball jersey and that we’re going to continue to have this be a Made in America product.”
Royal Robbins Teams Up With The Conservation Alliance
The designer, manufacturer and retailer of outdoor and travel apparel will dedicate 10 percent of its April proceeds from its eco-friendly Hempline Collection to the campaign.
VF Looks To Jumpstart Acquisitions
“History has shown and we continue to believe that M&A is our highest and best use of capital,” said Scott Roe CFO and VP, at the company’s annual Investor Day. “And it remains our first priority.”
Mary Anderson, REI Co-Founder, Dies
Mary Anderson and her husband, Lloyd, founded REI in Seattle, WA in 1938.
Interbike Appoints Retail Relations Director
Interbike hired Fred Clements, longtime NBDA executive director, to fill the newly created position of retail relations director.
Sports Direct Completes Sale Of Dunlop
Sports Direct completed the sale of its Dunlop business to Japan-based Sumitomo Rubber Industries for $137.5 million.
J.Crew’s President To Exit
Jenna Lyons has been with J.Crew for 26 years and has served as president and executive creative director since 2012.
Fanatics To Acquire Majestic Athletic
VF Corp. said it entered into a definitive agreement to sell its Licensed Sports Group (LSG) business, including the Majestic Athletic brand, to Fanatics Inc.
Sierra Club Slams Trump’s Check To National Parks
Sierra Club called President Donald Trump’s move to donate his first quarterly salary of $78,000 to the National Park Service a “publicity stunt” and a “distraction that falls far short of the $12 billion needed to address the current backlog of park maintenance.”
