Michael Avenatti chose Monday not to take the stand in his own defense as the New York trial over his alleged extortion of Nike comes to a close.
Author: SGB Media
Equinox Secures New Funding
Equinox Holdings Inc., the luxury gym operator and majority owner of SoulCycle, has secured new funding from tech-focused private equity firm Silver Lake. The funds will be used to build Equinox’s digital platform and add as many as 50 locations annually,
Jack Wolfskin Addition Fuels Callaway’s Record Quarter For Revenue
Callaway Golf Co. on Monday reported adjusted earnings per share loss for the fiscal fourth quarter of (26) cents, missing Wall Street’s targets by 3 cents. Q4 revenue $312 million, a new record for the company, reflects the acquisition of Jack Wolfskin in January 2019, which contributed $81 million in net sales during the period.
Yeti Named Official Jersey Partner Of Austin FC
Yeti has signed on to become the Official Jersey Partner and newest Founding Partner of Austin FC, the 27th club in Major League Soccer (MLS). The deal marks Yeti’s formal entry into both professional soccer and eSports.
Asics Recognized For Climate Change Actions
Asics Corp. has been named to the Supplier Engagement Leaderboard by global environmental impact non-profit CDP in recognition of its efforts to engage with its suppliers on climate change.
Astral Expands Sales Team In The Great Lakes
Astral, a manufacturer of PFDs and footwear, announced the addition of Daniel Miller and Joe Giordano of Specialty Sport Reps to its sales team. Miller and Giordano will represent the brand across the Great Lakes region covering Ohio, Indiana, Lower Michigan, and Kentucky. Both veterans of the outdoor industry, Miller and Giordano bring a collection […]
Timberland Employee Murdered At Brand’s NH Headquarters
Authorities in New Hampshire have arrested and charged a man with murdering an employee at Timberland’s headquarters in Stratham, NH, according to a report from NBC.
T-H Marine Acquires Maurice Sporting Goods Marine Division
T-H Marine Supplies, LLC of Huntsville, AL, announced that it has acquired First Source. First Source was the marine accessory division of Maurice Sporting Goods, one of the largest sporting goods distributors in the U.S.
Allbirds Appoints Nancy Green To Board Of Directors
Allbirds, the footwear start-up, announced that it has appointed Nancy Green, president and chief creative officer of Old Navy, to its Board of Directors.
Riddell Sells Kollege Town Sports Apparel Division to BSN Sports
Riddell announced the divestiture and sale of certain assets associated with Kollege Town Sports, a division of the company’s apparel business, to BSN Sports. The acquisition will include approximately 50 sales representatives, sales management and customer service professionals, and Kollege Town’s fanaKTive graphic capabilities.
Canada Goose CEO Dani Reiss Outlines Coronavirus Concerns
On Canada Goose Holdings Inc.’s fiscal third-quarter earnings call, CEO Dani Reiss addressed the disruption that the coronavirus is having on supply chain, sourcing and sales in China. The near-term impact resulted in reduced guidance for the current fiscal quarter and year, but company leaders and analysts believe Canada Goose is positioned to weather the storm.
February Retail Imports To See Larger Drop Amid Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a sharper-than-usual drop this month, according to the Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.
Is Your Website ADA Compliant?
There are no clear ADA regulations that define what compliant web content means, but if your business falls under ADA Title I or ADA Title III, your website needs to be “reasonably accessible” to persons with disabilities according to the ADA.
VF Announces Leadership Appointments In Americas Region
VF Corp. on Monday announced key leadership appointments within the VF Americas region.
Implus Corp. Announces Leadership Transition
Implus Corp., a leader provider of athletic, fitness and outdoor accessories, appointed Michael B. Polk as interim chief executive officer. Seth Richards, Implus CEO, and Todd Vore, president, are transitioning their leadership roles and will be leaving the company to pursue other opportunities.
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