Obituary: Boxercraft’s Tod Rastello, 54
The vice president of sales at Boxercraft Inc. passed away on December 3, 2016, of pancreatic cancer at age 54.
Warm Weather Impacts Sales In Last Week Of December
Warmth was focused in the interior, as the East South Central and West South Central regions had their warmest end to December since 1996.
ICSC Sees 16-Percent Holiday Gain
Of those who bought items online from a retailer with a physical store and picked up in-store, 61 percent made an additional purchase in-person (75 percent of Millennials).
The News You May Have Missed Over The Holidays
There were plenty of noteworthy headlines during the holidays, including additional FTC reviews of the proposed Cabela’s/Bass Pro merger, bankruptcy filings at Industrial Ride Shop and Yogasmoga and a merging of brands in the snow sports industry.
CEP Appoints Former Fleet Feet Executive As SVP
The compression brand said the former executive at Fleet Feet Sports was hired to further grow the CEP brand in the U.S.
Athleta Builds On Power Of She Campaign In 2017
The new campaign builds on the Power of She platform the brand launched in April 2016, which was designed to bring to life the brand’s mission to ignite a community of active, confident women and girls.
Iconix Brand Divests Sharper Image For $100 Million
Iconix Brand Group Inc. signed an agreement to sell the rights to the Sharper Image brand and related intellectual property assets to ThreeSixty Group, the brand’s largest licensee, for $100 million in cash.
Under Armour To Launch All-America Camp Series
The series of invite-only camps will take place in 10 cities nationwide, where selected athletes will have the opportunity to hone their on-field skills and earn a bid to the 2018 Under Armour All-America game.
Nike Golf Signs Jason Day
The multi-year agreement with the world’s top ranked golfer covers footwear, apparel, headwear and gloves.
Snowsports Merchandising Corp. Announces New Members
The buying group of specialty ski and snowboard shops announced new and continuing retail members amidst some successions and new ownership.
Gill Athletics Nabs NCCA Track & Field Deal
The three-year agreement will cover all indoor and outdoor men’s and women’s Division I, II, and III National Championships.
Van’s, Volcom, Adidas Top Industrial Ride Shop Unsecured Creditor List
The skateboard lifestyle retailer also listed Stance, Herschel Supply Co. and Nike among those it owes money.
Yogasmoga Files For Bankruptcy
The filing was attributed to over-aggressive expansion and followed an involuntary Chapter 7 bankruptcy petition filed against the company in November.
New Balance Sued Over Made In The USA Claims
The suit asserts California law prohibits products from featuring ‘Made in the USA’ or similar labels if any single component is foreign-made rather than made in the U.S.
Fabletics To Open 12 Stores In 2017
Most of the brand’s new stores will average around 2,200 square feet and will open in key markets before fall 2017.
