Mountainsmith Restructures Management Team
The manufacturer of backcountry equipment and recreational outdoor gear revealed a series of internal promotions and new positions, as well as the addition of Andrew Mills as sales manager.
Gildan Activewear Wins Bankruptcy Auction To Acquire American Apparel
The company’s final cash bid of approximately $88 million includes the acquisition of the worldwide intellectual property rights related to the American Apparel brand and certain manufacturing equipment.
New Balance Renews Charles River Winter-Shoveling Sponsorship
The sponsorship, now entering its seventh year, ensures runners, joggers and walkers have clear and safe running paths along the Charles River during the 2016/17 winter season.
Genesco Sees Flat Holiday Comps
Same-store sales decreased 2 percent and sales for the company’s e-commerce and catalog direct sales businesses increased 11 percent on a comparable basis for that period.
European Outdoor Group To Review OutDoor Trade Show
The EOG expressed it is well aware that the outdoor marketplace is changing rapidly and wishes to make sure that the OutDoor show continues to meet the needs of its stakeholders.
Lululemon Updates Guidance After Strong Holiday
The company now anticipates a net revenue in the range of $775 million to $785 million.
Sherpa Adventure Gear Appoints VP Of Sales For North America
Andy Welling has spent more than 25 years working with brands such as Kelty, The North Face, Patagonia and Marmot.
Under Armour Expands Collaboration With Johns Hopkins
The collaboration, supporting UA Record, MapMyFitness, MyFitnessPal and Endomondo, aims to help users maintain and improve their health, wellness and recovery by tapping into the expertise of world-renowned specialists in medicine and patient care.
Why Walmart Snapped Up ShoeBuy
ShoeBuy’s concentration in footwear and apparel is expected to speed up Walmart’s Jet.com business in its bid to catch up to Amazon.com with online sales.
G-III Apparel Lowers Guidance
G-III Apparel reduced guidance due to weak sales in its retail operations segment.
L.L.Bean Expands Facilities To Support Boot Demand
L.L.Bean is moving into a new 110,000-square-foot warehouse in Lewiston, ME to support strong demand for its boots. The company will donated $2.1 million in charity grants in 2016.
Adobe Sees 11 Percent Increase In Holiday Sales Online
Mobile brought in $28.43 billion in revenue, a 23-percent increase year over year.
Royal Robbins Names New CFO
Former Specialized Bicycles COO Joseph Brunetti also worked at CamelBak, Bell and Giro.
Adidas Signs Chinese Sports Stars
Swimmer Ning Zetao and volleyball player Hui Ruoqi will star in a campaign called “One in a Billion.”
Wal-Mart Acquires ShoeBuy For $70 Million
ShoeBuy CEO Mike Sorabella, his executive team and ShoeBuy’s 200-plus employees will continue to be based in Boston, MA, and will join Wal-Mart’s e-commerce organization.
