Boardriders Inc., the apparel, footwear and accessories company whose brands include Quiksilver, Billabong, ROXY, DC Shoes, RVCA and Element, announced Tuesday that it has sold its Xcel wetsuit brand to Colorado-based ZG Collective. Financial terms of the deal were not disclosed.
Author: SGB Media

Major Fitness Clubs Announce Temporary Closures
Fitness International, LLC, operator of L.A. Fitness, City Sports Clubs, Esporta, announced that it will temporarily close all gyms in an effort to slow the spread of the coronavirus.

Deckers Brands Outlines COVID-19 Response
Deckers Brands announced actions the company is taking in response to Covid-19.

Macy’s Temporarily Closes Stores Nationwide
In response to the widespread COVID-19 outbreak, Macy’s Inc. on Tuesday announced that it will temporarily close all stores by end of business on March 17 through March 31.

KAVU Expands NW Sales Representation And Design Department
KAVU, manufacturer of outdoor wear, promoted from within to fill a sales void in its home territory while also filling the newly created position of bag designer.

Sequential Brands Continues Transformation Efforts
Sequential Brands Group Inc. began 2020 with a key leadership change, and the New York, NY-based parent of Avia, And1 and Gaiam is eyeing further transformational moves this year with a strategic review that could include acquisitions, divestitures and more.

Prana Closes Stores In Response To The Coronavirus
Prana, released a statement from brand President, Russ Hopcus, in response to the coronavirus.

Outdoor Retailer Parent Announces Update Regarding Impact Of The Coronavirus
Emerald Holding Inc., parent of Outdoor Retailer, on Tuesday announced an update on the company’s first and second quarter events as a result of the evolving impact of the coronavirus on the global economy, the events industry and Emerald’s business.

Canada Goose Temporarily Closing All North American, European Stores
Canada Goose Holdings Inc. said Monday evening it will close all retail stores in North America and Europe as of March 17 until at least March 31.

Adidas To Keep U.S. Stores Open, For Now
In an e-mail to Adidas and Reebok retail employees Monday morning, Adidas CEO Kasper Rorsted wrote that the company is not yet shuttering its U.S. stores because of the coronavirus. Rorsted wrote, “We have to keep the company going and open for business to ensure that we can pay our monthly bills and salaries to everyone. Closing down is easy, staying open in a healthy environment requires courage, persistence and focus.”

Crocs Temporarily Closes North American Retail Stores
Crocs Inc. on Monday evening announced that in response to the escalating global coronavirus pandemic, it will temporarily close all of its company-operated retail stores in North America, effective March 17 through March 27.

Vail Resorts To Close North American Resorts For Season
Vail Resorts announced Tuesday that all of its North American resorts and retail stores will remain closed for the 2019/20 winter ski season amid the continued challenges associated with the spread of the coronavirus (COVID-19).

Designer Brands Sees 0.8 Percent Comp Gain In 2019
Designer Brands Inc., the parent of DSW and Camuto Group, reported comparable sales for the fiscal year increased 0.8 percent in the fourth quarter.

Sportsman’s Warehouse To Acquire Two Field & Stream Stores In Kentucky And Michigan
Sportsman’s Warehouse Holdings Inc. announced that it has entered into agreements with Dick’s Sporting Goods Inc. to acquire two Field & Stream locations. The stores in Crescent Springs, KY, and Kalamazoo, MI, will be rebranded as Sportsman’s Warehouse.

Foot Locker To Shutter Stores Due To Coronavirus, Withdraws Guidance
Foot Locker Inc. says it will close stores across North America, EMEA (Europe, Middle East and Asia) and Malaysia from March 17 through March 31.