Amazon announced its latest Climate Pledge Friendly shopping program to help customers identify the more than 24,000 products that have met 18 sustainable certifications on its site.
Author: SGB Media
Nike’s Q1 Earnings Blow Past Estimates
Nike Inc. reported sales were down 1 percent in the first quarter ended August 31 but topped Wall Street’s targets as digital growth grew 82 percent. Earnings were up 10 percent and far ahead of analyst estimates.
Ortovox Hires Northwest Reps
Ortovox, the specialist in avalanche safety equipment and technical mountainwear, announced a partnership with Elevated Adventures LLC, an agency owned by Joel Anderson, to lead sales efforts in the Northwest.
CODI To Acquire BOA Technology
Compass Diversified (CODI) entered into a definitive agreement to acquire BOA Technology Inc. (BOA), manufacturer of the Boa Fit System for $454 million. The purchase price excludes working capital and certain other adjustments upon closing.
Vail Resorts And PepsiCo Renew + Expand Distribution; Sustainability Initiative
Vail Resorts and PepsiCo announced an expansion of their longstanding partnership, including a significant investment annually in projects that support Commitment to Zero, Vail Resorts’ sustainability pledge.
Asics Supports Tennis Coaching Community With Virtual Academy
Asics EMEA announced the launch of the Asics Tennis Academy, a virtual community platform that gives tennis coaches access to advice and training from industry experts.
Slinger Bag Announces Multi-Year Distribution Agreement With Dunlop Sports
Slinger Bag, the manufacturer of equipment for all ball sports with a focus on the global tennis market, today announced a multi-year, distribution agreement across nine key markets in Europe with the tennis equipment manufacturer, Dunlop Sports.
Footwear Sales Drop In August, Reports NPD
Total footwear U.S. sales for August declined 18 percent year-over-year. The decline was attributed to the end of stimulus checks, virus spikes in parts of the country and delayed back-to-school selling.
Dick’s SG Appoints Two Board Members
Dick’s Sporting Goods Inc. announced it has appointed Sandeep Mathrani, the chief executive officer of WeWork, and Desiree Ralls-Morrison, the senior vice president, general counsel and corporate secretary at Boston Scientific Corporation, to the company’s board of directors.
Brixton To Open Store In Encinitas
Brixton, best known for its headwear, plans to open a 1,000 square-foot store in Encinitas, CA in November.
New Balance Wins Trademark Fight Over ‘New Bunren’ Shoes
New Balance Athletics Inc. won $504,000 in statutory damages from Chinese shoe seller, USA New Bunren International Co.’s, willful trademark infringement according to a ruling in Delaware federal court.
Primary Arms Names Hard-Lines Merchandising Manager And Director Of Merchandising
Primary Arms Online announced the promotion of Matt Okun to hard-lines merchandising manager and Aaron Whatley to director of merchandising.
U.S. Golf Equipment Sales For August Up Nearly 32 Percent
Golf Datatech announced that U.S. retail golf equipment sales for August 2020 were up nearly 32 percent over the same period in 2019, exceeding the previous all-time high in August 2006 by 15 percent.
ABC Financial Acquires Trainerize
ABC Financial (ABC), a provider of technology and related services for the fitness industry, has acquired Trainerize, a Vancouver-based mobile fitness solution for personal training and member engagement.
Halo Foods Acquired By Peak Rock Capital
An affiliate of Peak Rock Capital, the middle-market private investment firm, completed its acquisition of Halo Foods Ltd., the maker of the Skinny brand of low-calorie snacks, in partnership with the management team of Halo.
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