Wolverine, a division of World Wide Inc., on Tuesday announced that the footwear and apparel company has signed a multi-year, multi-category licensing partnership with glove manufacturer Olympia Sports.
Author: SGB Media
Michael Kadous Outlines Vision For New-Look Adidas Terrex
Michael Kadous, head of the North American Outdoor business unit for Adidas (Terrex and Five Ten), spoke with SGB Executive about all the changes happening at the company. Not only is Kadous spearheading its transition from Agron Inc. to Adidas corporate and from LA to Portland, but he has outlined big plans for 2020 and beyond. Here’s what he shared about the new-look company.
Sportsman’s Warehouse Sees Headwinds Easing—Eventually
Jon Barker, the CEO of Sportsman’s Warehouse Holdings Inc., on Monday spoke to investors at the ICR Conference in Orlando, FL, about the company’s need to reduce guidance for the fiscal quarter and year due to a variety of headwinds. But those should be easing soon, and the retailer remains upbeat about the coming year.
The Big Gear Show Names Kenji Haroutunian Show Director
The Big Gear Show (BGS) this week appointed Kenji Haroutunian to be its outdoor show director.
HanesBrands Names Interim Chief Financial Officer
HanesBrands announced Tuesday that the company’s current chief accounting officer and controller, M. Scott Lewis, will serve as interim chief financial officer, effective January 9.
Report: Active Ride Shop To Auction Assets
Active Ride Shop, the skate shop based in Rancho Cucamonga, CA, has been taken over by its lender, GemCap. At least eight of its 26 stores have closed and its website has been shut down, according to a report from ShopEatSurf.
Zumiez’s Holiday Sales Jump
Zumiez raised its fourth-quarter guidance after reporting comparable sales increased 6.8 percent for the nine-week period ended January 4.
Honey Stinger Announces Senior Brand Manager
Honey Stinger, the sports nutrition brand featuring honey, has appointed Scott Larson as the company’s senior brand manager. Larson’s appointment marks the third addition to Honey Stinger’s team in as many weeks, as the brand continues its steady growth.
Stage Stores Reports 1.4 percent Holiday Comp Increase
Stage Stores reported same-store sales rose 1.4 percent for the nine-week period ended January 4, but came in below expectations.
Cabela’s Closing Two Stores
Cabela’s is shuttering its Fort Oglethorpe, GA, and Bristol, VA, locations and consolidating those stores with nearby and expanding Bass Pro Shops in Chattanooga, TN, and Bristol, TN, respectively, according to the company.
Fitbit And Garmin Accused Of Patent Infringement
Philips has accused Fitbit, Garmin, and several other competitors of stealing its wearable tech and the U.S. International Trade Commission has agreed to investigate the charge.
Hydro Flask Announces Grant Recipients Of 2020 Parks For All Charitable Giving Program
Hydro Flask, maker of insulated stainless steel flasks and a Helen of Troy Limited company, on Monday announce the recipients of its 2020 Parks for All Charitable Giving Program.
Big 5 Sporting Goods Net Sales, Same-Store Sales Decrease In Q4
Big 5 Sporting Goods Corp. on Monday reported sales results for the fiscal 2019 fourth quarter and full year ended December 29, 2019, and also lowered its earnings guidance for the fiscal fourth quarter.
Dick’s Closes Location In Orem, UT
Dick’s Sporting Goods has abruptly closed its location in Orem, UT. The store opened in 2012.
MacNeill Pride Group Acquires Orca Coolers
MacNeill Pride Group (MPG), a designer and manufacturer of sporting goods and related products, has acquired Outdoor Recreation Company of America (ORCA), a supplier of coolers, drinkware and other outdoor accessories. Financial terms of the transaction were not disclosed.
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