Oregon, Montana Looking To Host Outdoor Retailer Show
Joining Colorado, Montana and Oregon have expressed interest in hosting the Outdoor Retailer show.
Nike Facing Student Protests Over Alleged Sweatshop Violations
Following similar calls at Penn State and Georgetown, students from Cornell are calling on university officials to cancel the school’s contract with Nike over alleged sweatshop violations at a Vietnam factory.
Point 3 Appoints COO
Point 3 Basketball promoted Mikko Simon, formerly VP of marketing, to a newly created chief operating officer position.
VF Eyes Bounce Back Year In 2017
On his first conference call since becoming VF’s new CEO, Steve Rendle delivered a bullish assessment of VF’s prospects, predicting the company’s primary brands – Vans, The North Face and Timberland – would collectively grow at a high-single-digit rate in 2017, with a “special focus on reigniting growth in our North Face and Timberland brands in the Americas.”
Outdoor Retailer Says Goodbye To Utah
The show will leave Salt Lake City after Summer 2018. In addition, Utah will be excluded from submitting a proposal during the relocation process.
Aisle Talk, Week Of February 13
Top headlines from the active lifestyle industry you may have missed this week.
MC Sports Appoints Liquidators
A joint venture between Tiger Capital Group and Great American Group will conduct the going-out-of-business sale, which is now underway.
FGL Sports Delivers Another Banner Year
Duncan Fulton, president, FGL Sports, said on a conference call with analysts, “There is a lot of optimism and opportunity right now to get more out of the assets that we already have.”
Puma Appoints New North America President
Puma appointed Bob Philion, formerly head of Cobra Puma Golf, as president of Puma North America. Last November, Puma announced that the region’s long-time CEO, Jay Piccola, would retire, mid-2017.
VF Issues Soft Guidance For 2017
VF Corp. reported fourth-quarter earnings were down, in line with guidance. Among its major brands in the quarter, North Face was down 8 percent, Vans grew 14 percent, and Timberland gained 4 percent. The company provided a weak outlook for 2017.
Under Armour Signs French Olympic Judo Champion
The two-time Olympic gold medallist will be the face of Under Armour’s expansion into France, where it has recently opened a new Paris headquarters.
HanesBrands Distribution Center Achieves Safety Milestone
HanesBrands, the parent of Hanes, Champion and Gear for Sports, stated that its Cleveland Distribution Center, located in Kings Mountain, NC, was one of 34 facilities in the state of North Carolina to achieve 2 million employee hours without injury in 2016.
Nike Commits $1.5 Million In Grants From Nike School Innovation Fund
The Nike School Innovation Fund is awarding 100 Oregon high schools a total of $1.5 million in grants with the goal of increasing graduation rates, closing the achievement gap and helping all students in Oregon prepare for future success.
Moosejaw Eyes Massive Outdoor Opportunity In Walmart Partnership
Moosejaw CEO Eoin Comerford told SGB that Moosejaw will now oversee the outdoor category across all Walmart’s online properties – Walmart.com, ShoeBuy.com and Jet.com.
Canada Goose Looks To Ramp Up Expansion With IPO
In its IPO prospectus, Canada Goose said it plans to continue its rapid growth by expanding into the Mid-Atlantic, Midwest and Pacific Northwest, moving into categories from knitwear to bedding and expanding online with its own stores and overseas.
