Wolverine World Wide Inc.’s decision to expand a factory in Michigan signals optimism that Congress will expand the Berry Amendment to cover athletic shoes.
Author: Charlie Lunan
VF Corp. Eurobond Issue Fetches A3 Rating
Moody’s Investors Service assigned a provisional A3 rating to €850 million in unsecured notes VF Corp. wants to sell, citing a record of sustained organic growth.
Taiwanese OEM To Debut Own Brand At Interbike
Oyama, which has been manufacturing bicycles for western brands for 50 years, will exhibit its own line at the trade show in Las Vegas.
ZEG Exits Eurobike, Expands Cologne Show
Europe’s largest buying group for independent bicycle dealers (IBDs) has pulled out of Eurobike and begun marketing its own show to non-members.
Wolverine World Wide To Expand Boot Factory
The company will invest $2 million to increase production of military footwear at its factory in Big Rapids, MI.
Bike Execs Storm Capital Hill To Support REC Act
PeopleForBikes hosted 17 female executives during a Washington D.C. lobbying blitz that urged members of Congress to support the Outdoor Recreation Economic Contributions Act.
Duluth Holdings CEO To Cut Ribbons In Chicago
Stephanie Pugliese will travel to Chicago Thursday to cut ribbons at two Duluth Trading Company stores in the Windy City over the next two days.
Christy Sports’ First Acquisition Follows Gart Model
The company’s decision to enter the Pacific Northwest by acquiring Sturtevant’s and Ski Mart demonstrates renewed confidence in the independent specialty model.
Honey Stinger Lures GU Energy VP, Promotes Four
The maker of honey-based nutritional products hired Christian Johnson as its vice president of sales and marketing and announced four promotions and two other hires.
Brands Pledge To Share TPP Savings With Consumers
In a letter to Congress, dozens of sporting goods brands pledged to share billions of dollars in savings with consumers if the Trans-Pacific Partnership (TPP) is ratified.
Salt Life Opens West Coast Flagship Store
The Jacksonville, FL-based lifestyle brand opened the store in San Clemente, CA over the weekend and plans to open a store in Huntington Beach later this year.
Athleisure, Acquisitions Propel U.K.’s JD Sports Fashion
The British retailer reported same-store sales up 10 percent, which along with new locations propelled sales up 20 percent in its first half, ended July 30.
Utah Congressional Candidate Champions Rec Economy
Doug Owens, who is the first non-incumbent Congressional candidate backed by Outdoor Industry Association, made promoting outdoor recreation the third plank of his campaign for Utah’s fourth Congressional district.
Waterville Valley Breaks Ground On Major Expansion
The New Hampshire resort’s fourth ownership group has begun work opening up 45 acres of new ski trails in the largest expansion in 30 years.
Greg LeMond Launches Carbon Fiber Venture
The three-time Tour de France champion is partnering with Oak Ridge National Laboratory to bring low-cost carbon fiber production to global markets.
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