Escalade Sports announced that it has acquired the assets of the billiard table, game room, and recreational product lines of American Heritage Billiards.
Author: SGB Media
Retail Sales Mark Fourth Month Of Gains
The U.S. Census Bureau said overall retail sales in September were up 1.9 percent seasonally adjusted from August and up 5.4 percent year-over-year.
Asics Appoints President And COO Of North America
Asics announced the appointment of Richard Sullivan to president and chief operating officer for Asics North America (ANA). Further, Barbara Turner will assume the role of chief administrative officer and Sean Condon has been named vice president, omnichannel.
Aisle Talk Week Of October 11, 2020
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of October 11, 2020, covered in the SGB Updates and delivered to your inbox every business day.
VF Corp. Posts Better-Than-Expected Earnings
VF Corp. reported earnings and sales declined in the second quarter ended September 26 as a result of the impact of COVID-19. However, both came in ahead of Wall Street’s consensus estimates and VF officials indicated its year-to-date performance exceeded internal expectations across all brands, driven by digital and China.
Skechers 12th Annual Pier To Pier Friendship Walk Goes Virtual
The 12th Annual Skechers Pier to Pier Friendship Walk will be held virtually on October 25. The event supports kids with special needs and education. This year’s goal is to raise $2 million. The event will be hosted by South Bay residents and supported by local media, celebrities and more than 100 companies. “The Skechers […]
Bollé Turns To AI To Develop High Contrast Lens
Bollé’s design and technology lab, EPIC, based in Lyon, France has developed a lens technology using Artificial Intelligence to create the Volt +, a high-contrast lens that enhances color to improve depth perception without compromising white balance. In developing Volt +, the team used AI to find out which wavelengths to enhance or dampen to […]
Centric Brands Emerges From Bankruptcy
Centric Brands has completed its financial restructuring and emerged from bankruptcy protection after filing in May.
Five Below To Open Esports Facilities In Three Locations
Five Below in a partnership with Nerd Street Gamers to open esports facilities connected to two Five Below stores in Georgetown, TX and Philadelphia, PA, with an additional location in St. Louis, MO opening later this month.
REI Opens Two Pop-Ups Selling Used Gear
REI Co-op announced the expansion of its recommerce business by piloting two used-gear pop-up stores and its trade-in program.
Amazon Breaks $3.5 Billion In Third-Party Prime Day Sales
Amazon said third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60 percent year-over-year increase, growing even more than Amazon’s retail business.
ICSC Sees 1.9 Percent Rise In Holiday Sales
ICSC forecasts a 1.9 percent year-over-year spending increase this holiday season with total spending to be $862.2 billion. Its annual Holiday Shopping Intentions Survey found that the average adult plans to spend $655 on holiday-related items – surpassing 2019’s actual expenditure.
Camber Outdoors Announces 2021 Board Co-Presidents
Camber Outdoors Board members Michelle Wardian, President Outdoor Research and Reginald Miller, VP, Global Inclusion and Diversity, VF Corp. will serve as Co-Presidents of Camber Outdoor’s Board of Directors effective January 1, 2021.
Icon Sues Peloton, Claiming Patent Infringement
Icon Health & Fitness Inc. filed a lawsuit in the U.S. District Court for the District of Delaware against Peloton, charging an automatically controlled resistance feature on Peloton’s Bike+, which Peloton calls “Auto Follow,” infringes on NordicTrack’s technology.
TeamSnap Commits $1 Million For Kids To Have Improved Access To Sports
TeamSnap is committing $1 million over the next three years to improve access to sports for kids in underserved neighborhoods in the U.S. The announced was made by its CEO and Founder Dave DuPont at The Aspen Institute Project Play Summit 2020.
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