The Lululemon Athletica Inc. executives who handled the company’s first earnings call following last month’s resignation of CEO Laurent Potdevin didn’t focus on the leadership flux but instead on the chief drivers – e-commerce and site traffic conversion – that helped fuel a stellar fourth quarter. (Read More)
Activity level trends saw a continued shift from core participation to casual participation across many sports last year, according SFIA’s 2017 Sports, Fitness and Leisure Activities Topline Report. On the surface, that is concerning, but there is a silver lining. (Read More)
The firearms industry suffered another blow Sunday when, as expected, Remington Outdoor Co. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. (Read More)
Two Billabong shareholders are opposed to the $200 million, or $1 per share, acquisition offer from Boardriders, which has jeopardized the potential blockbuster deal and sparked sharp words from Boardriders CEO David Tanner. (Read More)
It’s not China that will be punished for stealing American intellectual property but instead U.S. companies and consumers that will feel the effects of President Trump’s move to impose $50 billion in retaliatory tariffs on Chinese imports. That was the message Thursday from numerous trade associations that represent industries whose products might be affected by Thursday's decision to move forward with the new tariffs. (Read More)
Bolstered by double-digit revenue growth in both the fourth quarter and fiscal year, Duluth Holdings Inc., parent of Duluth Trading Co., is doubling down on its omnichannel strategy of building its brick-and-mortar presence while also beefing up e-commerce capabilities. (Read More)
SGB Executive talked to FDRA President Matt Priest about the impact the Trump Administration’s proposed higher tariffs will have on companies and consumers. (Read More)