EXEC: EMS/Bob’s Parent to Shutter Distribution Center in Bankruptcy Proceedings
In a bankruptcy court affidavit, David Barton, CEO of Mountain Sports LLC, the parent of Eastern Mountain Sports (EMS) and Bob’s Stores, said the company plans to close its primary distribution center and fulfill orders from stores as an initial step its reorganization.
Amazon to End Plastic Use In Shipping
Amazon will eliminate “almost 15 billion plastic air pillows annually to reduce its environmental footprint.” The company will use 100 percent recycled paper filler, which is recyclable and “offers the same, if not better, protection.”
Paka Introduces New General Manager and Advisory Board
Paka, the sustainable clothing brand, hired former Prana executive Brian Thompson as general manager while introducing a new advisory board.
EXEC: EMS/Bob’s Parent Files for Chapter 11 Bankruptcy
Mountain Sports, the parent of Eastern Mountain Sports and Bob’s Stores, filed a voluntary petition for Chapter 11 protection in Wilmington, DE, U.S. Bankruptcy Court…
EXEC: Nike Hit By Analyst Estimate Cuts Ahead of Earnings Report
Ahead of Nike’s quarterly report next week, several analysts reduced their EPS targets for Nike’s fiscal year ended May 31, 2025, on weaker-than-expected sales in the first half of the current fiscal year and concerns about how quickly investments the company has made in innovations will take hold.
Trending: 2024 Midyear Per Race Participation Increases
RunSignup reported a mid-year update on race trends, showing that pre-race registrations have continued to increase after nearly matching 2019 numbers in 2023. On average, registrations grew 8 percent compared to 2023.
Blain’s Farm & Fleet Names New CEO, Exec Chair, and Chief Stores Officer
Mark Hasting was promoted to president and CEO and Kim Treece to chief stores officer. Jane Blain Gilbertson will assume the executive chair of the company’s Board and remain the sole owner of Blain’s Farm & Fleet and Blain Supply, Inc.
Castore to Sponsor Everton’s Kit and Stadium
Under the multi-year agreement, Castore will supply travel wear, playing and training kits for Everton’s men’s, women’s and Academy squads, including home, away and third kits. Castore replaces the Danish brand Hummel.
Authentic Inks Deal to Manage Sportswear and Activewear for Tapout Brand
Wholesale apparel company One World Brands will design, manufacture and distribute activewear and swimwear for men, women and kids.
Finisterre Opens First North American Retail Location
The retail storefront, in partnership with Maine Surfers Union in Portland, ME, is expected to spearhead the brand’s global retail expansion into North America.
Delta Apparel to Shutter DTG2Go Operations, Eliminates 115 Jobs
As part of the DTG2Go Exit Plan, Delta announced that it has permanently ceased production operations related to all DTG2Go manufacturing effective June 13, reducing the number of company employees by approximately 115.
Report: Troubling Decline in Core Outdoor Participants
Among it’s findings, the OIA 2024 Outdoor Participation Trends Report found that the average number of outings per participant in 2023 fell 11.4 percent from 70.5 per participant in 2022 to 62.5 outings per participant in 2023.
Centric Brands Inks Global Licensing Partnership with Messi Brand
The product categories will offer a diverse range of styles that embody the Lionel Messi brand, featuring men’s, women’s and kid’s categories, including apparel, outerwear.
JCPenney Invests $40 Million in Supply Chain Upgrades
As part of the retailer’s self-funded $1 billion reinvestment strategy announced last year, the centerpiece of the upgrade is implementing the Joey Pouch sorting system at its distribution center in Reno, NV.
