Canada Goose To Open Store In Chicago
Canada Goose is planning to open a two-level store in the Park Hyatt hotel in Chicago, according to the Chicago Tribune.
Adidas CEO Sees “Dramatic Improvement” In U.S. Margins
In his first official visit to China since taking over as Adidas CEO last September, Kasper Rorsted said he expects margins in China to “stabilize and slightly decline” but predicted sharp gains in the U.S.
New Era Cap CEO To Be Honored By Canisius College
Canisius College in Buffalo will confer its Distinguished Citizen Award upon Christopher H. Koch, the CEO of New Era Cap, during its 51st annual Regents Scholarship Ball.
Salt Lake City Makes Unsolicited Bid For Outdoor Retailer
Despite assurances the show will leave Utah beginning in 2018, Salt Lake City submitted an unsolicited bid to host the convention. At least 20 other cities are also bidding.
Foot Locker’s Shares Rise Despite Q1 Miss On Improving Sales Trend
Shares climbed $3.93, or 5.4 percent, to $76.58 after the company said sales picked up in March and so far in April.
Adidas Extends Exos Partnership
As part of the expanded agreement, Exos will further its role in supporting Adidas in communicating to and solving for Adidas customers worldwide.
Outdoor Foundation And Prana Launch The Explorer Grant
Through the program, 12 nonprofit organizations will receive $5,000 awards to bring their project ideas to life and build partnerships that ensure sustainable outdoor recreation program offerings.
Foot Locker Warns Of Q1 Shortfall
Foot Locker Inc. warned that it expects earnings in the first quarter ending April 29 to be equal to or slightly below last year’s record earnings, or $1.36 to $1.39 per share.
Nike Signs NFL Draft Prospects
The players include Deshaun Watson, quarterback, Clemson; Dalvin Cook, running back, Florida State; Christian McCaffrey, running back, Stanford; and John Ross, wide receiver, Washington.
Brooks Honors Two Track Coaches Of The Year
Mark Anderson of Cary Grove High School and Gwen Robertson of Issaquah High School were honored as part of its newly expanded Inspiring Coaches program.
Sports Direct Purchases 7.9 Percent In Finish Line
Sports Direct, which earlier this year agreed to purchase Eastern Mountain Sports and Bob’s Stores in bankruptcy proceedings, has acquired a 7.9 percent stake in The Finish Line Inc., according to a regulatory filing.
Adidas Stirs Anger With Boston Survivors E-Mail
Adidas said in a statement, “Clearly, there was no thought given to the insensitive email subject line we sent Tuesday. We deeply apologize for our mistake. The Boston Marathon is one of the most inspirational sporting events in the world.”
Play It Again Parent Sees Q1 Profit Gain
Earnings growth during the first quarter was driven by an increase in customer activity within the company’s lease portfolio and moderate royalty growth in the franchise business.
Bass Pro, Cabela’s Recast Deal To Appease Regulators
Shares of Cabela’s Inc. shot up $3.84, or 7.2 percent, to $57.53 Tuesday after it announced a two-step deal that eases one step in securing regulatory clearance for its mega-merger with Bass Pro.
