Crocs’ Senior Vice President and Chief People Officer, Shannon Sisler, was honored by the Denver Business Journal in their annual C-Suite awards, which recognize outstanding C-level executives for their invaluable contributions to the Denver region.
Author: SGB Media
Garmin Confirms September 30 Dividend Payment
The Garmin Ltd.’s board of directors has established September 30, 2020 as the payment date for the next dividend installment of 61 cents per share with a record date of September 15, 2020.
Vertikal Brands Acquires Higdon Outdoors
Higdon Outdoors, based in Paducah, KY, announced the recapitalization, in partnership with management, of Higdon Outdoors LLC and Power Calls Company, LLC . Higdon Outdoors will operate as a wholly-owned subsidiary of Vertikal Brands, a holding company established by Clearview Capital in partnership with former members of the management team of Battenfeld Technologies.
Skirt Sports Acquired By Zooma Women’s Race Series
Zooma Women’s Race Series, known for their race medals and destination races, has acquired Skirt Sports, the originator of the running skirt.
Hibbett Sports Crushes Wall Street’s Q2 EPS Targets
Hibbett Sports Inc. reported adjusted earnings of $50.0 million, or $2.95 per share, well above Wall Street’s consensus estimate of $1.15. Comparable sales catapulted 79.2 percent.
Recall: Morpher Bike Helmets
About 8,500 units of Morpher flat-folding bicycle helmets are being recalled. According to a statement from the CPSC, the bicycle helmets do not comply with the federal safety standard for bicycle helmets, posing a risk of head injury.
IHRSA Appoints Interim President And CEO
The International Health, Racquet & Sportsclub Association (IHRSA) announced that the Board of Directors has appointed Brent Darden as Interim president and chief executive officer, effective immediately. Joe Moore’s departure as president and CEO was announced by the IHRSA Board of Directors on August 18.
JD Sports Becomes First Official Sleeve Sponsor For Leeds United
Leeds United entered into a new partnership agreement with sports fashion retailer JD Sports. The new agreement will see JD become its official sleeve sponsor for the 2020/21 Premier League campaign.
REI To Open Stores In Pigeon Forge, TN And Appleton, WI
REI Co-op will open new stores in Pigeon Forge, TN and Appleton, WI in September. The openings will mark REI’s fifth location in Tennessee and third in Wisconsin.
Lord & Taylor Closing All Locations
Lord & Taylor, which filed for bankruptcy on August 2, announced Thursday that all of its 38 remaining stores and website have begun liquidation sales. The retailer had said last week that it planned to keep 14 locations open.
REI Announces 2020 Grant Partners
REI Co-op announced its 2020 grant partners, an investment that will total more than $6 million and touch more than 400 nonprofit partners this year.
UCLA Sues Under Armour For Ending $280 Million Sponsorship Deal
UCLA filed a lawsuit against Under Armour for ending the university’s $280 million sponsorship deal. The school is seeking more than $200 million in compensation.
Athleta’s Q2 Sales Climb 6 Percent
Athleta’s sales were up 6 percent in the second quarter as a surge in online sales of 74 offset a 45 percent decline in store sales, according to the quarterly report of its parent, Gap Inc. Comparable sales at Athleta were up 19 percent.
TRX Partners With Aaptiv
TRX, the maker of functional training equipment and training content, announced a partnership with Aaptiv, the fitness app, to provide Aaptiv members access to video-based TRX workouts.
Moots Rolls Out Demo Center Program
Moots announced the introduction of its new Demo Center customer test ride program. The program is intended to give cyclists the opportunity to test ride a bike of their choosing to be sure that the model and size they’ve selected is the right bike for them.
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