Merchology has become the exclusive retailer in the corporate channel for New Balance products.
Author: SGB Media
Kids In The Game Earns B Corp Certification
Kids in the Game, a fast-growing organization focusing on sports-based youth development, is officially a Certified B Corporation.
SGB Media Business Editor, Eric Smith, Wins Harold S. Hirsch Award
Eric Smith, a senior business editor with SGB Media, this week was named the winner of the 2019 Harold S. Hirsch Award for Words by the North American Snowsports Journalists Association (NASJA).
Conversation With Powdr Co-President Wade Martin
Fresh off an acquisition and the opening of a new Woodward facility, Park City, UT-based Powdr is feeling flow. In this SGB Executive conversation, Powdr Co-President Wade Martin dishes on everything from the health of the ski resort industry to the importance of capital investment allocation to why the company doesn’t view M&A like it’s a game of Risk.
Gildan Activewear’s Revenues Decline 11 Percent In Q4
Gildan Activewear reported earnings on an adjusted basis were down 6.2 percent in the fourth quarter. Sales fell 11.3 percent as activewear sales were hurt by lower imprintables volumes in North America.
Sturm, Ruger’s Q4 Revenues Slide 13 Percent
Sturm, Ruger & Company reported revenues declined 13.2 percent in the fourth quarter to close off 17.2 percent in the year. CEO Chris Killoy said, “Manufacturing overcapacity, excess inventories at all levels of the channel, and a continued softness of demand led to a marketplace saddled with undisciplined discounting, reckless extension of payment terms, and excessive promotions.”
Recall: Contigo Kids Water Bottles
About 5.7 million Contigo Kids Cleanable Water Bottles are being recalled, according to a statement from the U.S. Consumer Product Safety Commission.
Wolverine Worldwide Announces Leadership Appointments
Wolverine World Wide Inc. on Wednesday announced the appointment of Joelle Grunberg as global president of Sperry and the appointment of Tom Kennedy as global president of the Wolverine brand.
REI Ranks As Top Employer
REI Co-op was again recognized as a top employer, ranking 60 on Fortune’s 100 Best Companies to Work For list.
Evolv Bolsters Sales And eCommerce Staff, Eyes New U.S. Headquarters
Evolv, the southern California-based manufacturer of performance climbing footwear, announced today that it has bolstered both its wholesale sales and eCommerce departments and will move into a new office, retail and manufacturing facility as it looks to expand its global footprint in the urban and outdoor climbing communities.
TRUE Linkswear Gives Reps And Retailers Ordering Autonomy With Envoy B2B Technology
In 2009, TRUE linkswear created a golf shoe designed to fit feet naturally and adapt to different weather, terrain and a variety of activities. By adopting Envoy B2B wholesale platform, the brand will offer pro shops and specialty retailers a destination to place pre-season and in-season orders.
Teva Launches Sustainability Initiative
Teva, a division of Deckers Brands, on Wednesday announced the launch of its sustainability initiative and “Strap In To Freedom” campaign.
Foot Locker Announces 2020 Capital Allocation Plans
Foot Locker Inc. said its Board of Directors approved a $275 million capital expenditures program for 2020, compared to the approximately $187 million spent in 2019.
authorized two capital allocation initiatives which provide for both a meaningfully-enhanced dividend and sustained investment in the organic growth of its business.
Hydro Flask x World Surf League Kick Off 2020 With Expanded Global Partnership
Hydro Flask, the manufacturer of insulated stainless steel flasks and a Helen of Troy Limited (NASDAQ, HELE) company, today announced the global partnership with The World Surf League (WSL) as the official water bottle and drinkware of the WSL.
Wanda Sports Explores Sale Of Ironman
Wanda Sports Group Co., the China-based sports marketing and event promoter, is considering a sale of the Ironman triathlon business, according to a report from Bloomberg.
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