Dorel Industries Inc. announced that it has reached an agreement in principle regarding a transaction whereby Dorel would be taken private by a buyer group led by affiliates of Cerberus Capital Management, L.P. and family shareholders, including Martin Schwartz, Jeffrey Schwartz, Alan Schwartz and Jeff Segel.
Author: SGB Media

VF Corp. Appoints VP, Global Inclusion & Diversity
VF Corp. announced the appointment of Lauren Guthrie to the position of vice president, global inclusion & diversity (I&D).

Genesco Announces Departure Of Chief Financial Officer
Genesco Inc. announced that Melvin G. Tucker, senior vice president and chief financial officer, has resigned his position, effective November 27, 2020.

Camping World’s Q3 Revenues Climb 21 Percent
Marcus Lemonis, chairman and CEO, stated, “Coming off of an extremely positive second quarter, demand remained strong and we were able to achieve record breaking third quarter results.”

WizWheelz Makes Key Hires
WizWheelz, the parent company of recumbent bike brands TerraTrike, GreenSpeed and KMX has expanded its operations and marketing team with key hires.
Zumba And Strong Nation Receive Spirit Of Fitness Award
The National Academy of Sports Medicine (NASM) and the Athletics and Fitness Association of America (AFAA) recognized Zumba and Strong Nation with its first Spirit of Fitness Award during their annual Optima Fitness and Wellness Conference. Laurie McCartney, president of Global Fitness & Wellness Solutions for Ascend Learning, the parent company of NASM and AFAA, […]

Nike Partners With Lazada, Southeast Asia’s E-Comm Platform
Nike has partnered with Lazada, Southeast Asia’s e-commerce platform, to reach consumers across Indonesia, Malaysia, the Philippines, Singapore and Thailand through the Nike LazMall Flagship Store.

NSSF Announces 2021 SHOT Show Cancellation
The NSSF announced that the 2021 SHOT Show, scheduled to be held in Las Vegas from January 19 to 22, 2021, has been canceled due to continued safety risks due to the coronavirus.
Centric Brands Appoints Chairman
Centric Brands LLC said Marc Schneider has been appointed chairman of its Board of Directors.
Earth Partners With Canadian Shoe Distributor
Earth Inc. announced a new partnership with Canadian Footwear Distributor, The Indeka Group.
Deckers Brands Launches Creating Change Report
Deckers Brands published its Creating Change FY20 Corporate Responsibility and Sustainability Report, including its progress made toward its sustainable development goals.
Former Nike Digital VP Joins Postmates
Mike Buckley, a former VP at Nike Digital, has joined Postmates, the delivery platform, as SVP of Business.

GOA Extends Invitation To Participate In Grassroots ConnectHub
Grassroots Outdoor Alliance (GOA) is inviting specialty outdoor vendors and independent outdoor retailers to participate in ConnectHub, a free shared-resource platform.

Inside The Call: Skechers Capitalizes On COVID-Driven Work And School Trends In Q3
Skechers USA saw sequential improvement in its business in the third quarter as trends for work and school during the pandemic was seen to fit well within its product and brand assortment as consumers locked down and focused more on comfort.

Inside The Call: Under Armour To Shrink Wholesale As Turnaround Gains Traction
Under Armour reported third-quarter results that far exceeded expectations with the aid of strength in footwear and women’s, provided a rosier outlook for the holiday quarter and said it’s on track to deliver slightly positive EPS in 2021. New developments include plans to sell MyFitnessPal and exit certain undifferentiated wholesale distribution, primarily in North America, starting next year.