G-III Apparel Group Ltd. on Wednesday lifted its outlook for the fiscal year after reporting earnings per share for the fiscal third quarter ended October 31 of $1.99, which beat Wall Street’s estimates by 5 cents.
Author: SGB Media
Ruger Names MGE As Distributor
Sturm, Ruger & Co. Inc. on Wednesday announced the addition of MGE Wholesale (MGE) as an independent distributor of Ruger firearms in the U.S.
Outerknown Opens First Store In El Segundo
Outerknown, co-founded by professional surfer Kelly Slater, announced the opening of its first brick-and-mortar store. The store is located on the border of the South Bay surf community in Manhattan Beach, CA.
November Firearms Background Checks Show Modest Increase
Firearms background checks, as adjusted by the NSSF, reached 1,342,155 in November against 1,314,193. in November 2018, a gain of 2.1 percent.
Nike’s ‘Sport Changes Everything’ Ads Halted by N.C. Court
Nike Inc.’s “Sport Changes Everything” ad campaign was halted by a North Carolina federal court based on likely confusion with Fleet Feet Inc.’s “Sports Change Everything” and “Running Changes Everything” trademarks.
Analyst Reaction: Black Friday Garners Mixed Reviews
More consumers surfed rather than drove for their purchases on Black Friday as online sales accounted for a record $7.4 billion spent during the holiday shopping extravaganza, according to Adobe Analytics. But while analysts reacted positively to the overall buoyancy of Black Friday and the unofficial kickoff to the holiday shopping season, those who focus on the active lifestyle marketplace were more tempered in their reports.
Cyber Monday Racks Up $9.4B In Online Sales
Cyber Monday saw a record $9.4 billion sold online, up 19.7 percent against the same day a year ago, according to Adobe Analytics.
Vans Donates Over $1M To Fuel Creativity
Vans commemorated the inaugural #VansCheckerboardDay held on November 21 and its more than $1 million donation to Imagination.org and announced the creation of the Vans Checkerboard Fund, a global grant program that will provide monetary support to back creative expression.
Powdr Enters Canadian Market With Silverstar Acquisition
Powdr Corp. on Tuesday announced it has acquired SilverStar Mountain Resort in British Columbia, giving the Park City, UT-based company its first mountain resort in Canada. Financial terms of the deal were not disclosed.
Origin USA Appoints CFO
Origin USA, an American-made maker of lifestyle athletic wear, apparel, footwear and nutrition based in Farmington, ME, appointed Don Miller as chief financial officer.
New Balance Brings Women’s Empowerment Program To Global Footwear Suppliers
New Balance Athletics, Inc. announced it is adopting Gap Inc.’s P.A.C.E. (Personal Advancement & Career Enhancement) program, an innovative education and training initiative, to help improve the lives of women workers in its global supply chain.
Shiner Ltd. Named New Distributor For Arbor Skateboards Program
The Arbor Collective and Shiner Ltd. on Tuesday announced that Shiner has been named the new exclusive global distributor for the Arbor Skateboards Program.
Lew’s Holdings Appoints Connie Parker To Board Of Directors
Lew’s Holdings Corp. on Tuesday announced the addition of Connie Parker to its board of directors. Parker was most recently the director of stewardship and corporate sustainability for Pure Fishing Inc.
Pure Fishing Acquires Fin-Nor
Pure Fishing, a platform company that’s owned by the private equity firm Sycamore Partners, has acquired fishing brands Fin-Nor and Van Staal from W.C. Bradley/Zebco Holdings Inc. Financial terms of the deal weren’t disclosed.
NRF: Extending Trade War Past 2020 Elections Would Be ‘Bad Deal’
The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French in response to President Trump’s comments that he might wait until after the 2020 elections to reach a trade agreement with China:
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