Burton’s Chief Creative Officer Forms Agency
Burton said longtime Burton chief creative officer, Greg Dacyshyn, has decided to venture out on his own after more than two decades at Burton to start his own creative agency called ‘Camp High’.
L.L.Bean Reports Flat Sales For 2016
L.L.Bean announced sales in 2016 were $1.6 billion, up slightly from the prior year. The L.L.Bean family and board of directors approved payment of a 3 percent discretionary cash performance bonus to approximately 6,000 eligible employees.
MC Sports To Wind Down Headquarter Operations Starting March 31
While still seeking a buyer for the business as a going concern as part of its bankruptcy recovery efforts, MC Sports plans to wind down operations at its headquarters and distribution center starting March 31.
Aisle Talk, Week Of March 13
Top headlines from the active lifestyle industry you may have missed this week.
Active Brands Gains FSN Capital IV As Investor
FSN Capital IV signed an agreement with Holta Invest to acquire a majority stake in Active Brands, a Nordic supplier of premium sporting goods brands including Kari Traa, Dæhlie, Bula and Sweet Protection.
Former Patagonia CEO Makes Massive Land Donation In Chile
The donation from Kristine Tompkins is being billed as the world’s largest donation of privately held land.
Ibex Outdoor Clothing Introduces Impact Fund
Ibex’s CloseKnit social responsibility team will select deserving non-profit organizations to receive monetary and product donations.
Canada Goose Goes Public
Shares of Canada Goose debuted above its projected range in its initial public offering and flew upward in its first day of trading.
Canada Goose Shares Soar On IPO Debut
The IPO offering of 20 million shares was priced at CA$17, or about U.S.$12.78 and opened at U.S.$18.05 in trading on the New York Stock Exchange. By late Thursday afternoon, shares had settled to close at U.S.$16.08, up 25.8 percent from its IPO price.
Hurley Collaborates With Surfing Champ Carissa Moore
The surf apparel and accessories brand also adapted key insights from Nike’s Innovation Team.
REI Delivers Robust Year In 2016
Earnings climbed 8.2 percent in 2016, helped by a 5.5 percent revenue gain and improved gross margin rate.
SFIA Again Brings Out Stars To National Health Through Fitness Day
SFIA announced that Herschel Walker, Carl Lewis and Tommy John will be among the numerous athletes and sports legends attending its 18th annual National Health Through Fitness Day in Washington, D.C.
Polartec And Oiselle Take On The Speed Project
The Speed Project is an unsanctioned ultra-relay race that starts at Santa Monica Pier in Los Angeles and ends 344 miles later at the “Welcome to Las Vegas” sign on the strip.
Fanatics Expands Relationship With International Champions Cup
Building off of last year’s partnership, Fanatics will operate in-venue retail for all 12 matches taking place across the U.S., as well as powering the online tournament shop, icc.teamfanshop.com.
Zamst Signs Pro Baseball Star Addison Russell
Zamst announced a partnership with Chicago shortstop, Addison Russell, as his official performance bracing and support provider.
