REI Co-op was again recognized as a top employer, ranking 60 on Fortune’s 100 Best Companies to Work For list.
Author: SGB Media
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.
Industry Feeling Effects Of Coronavirus
Adidas and Puma on Wednesday became the latest companies in the active lifestyle space to report that the coronavirus outbreak was taking its toll on results in 2020 while warning of further struggles if the epidemic isn’t soon contained. Read how the outbreak has been affecting Nike, VF, Columbia Sportswear, Under Armour, Canada Goose, Skechers and other industry players.
Adidas’ China Business Activity Tumbles 85 Percent Due To Coronavirus
Adidas reported Wednesday that its business in the greater China area had dropped by about 85 percent year-on-year in the period since Chinese New Year on January 25.
Asolo Appoints New GM For U.S. Market
Asolo has hired Bill Lockwood to assume the role of GM from Bruce Franks. Franks will work to transition Bill into the U.S. position through Outdoor Retailer Summer Market.
Puma’s Q4 Revenues Climb 21 Percent
Puma reported earnings jumped 55.0 percent in the fourth quarter on a 30.6 percent revenue gain. All regions and all product divisions were up by double digits. Puma warned, however, that the coronavirus outbreak has been impacting 2020 results.
Garmin’s Q4 Beats Expectations On Strong Fitness Growth
Garmin Ltd. reported fourth-quarter earnings that beat expectations and provided an upbeat outlook for 2020. All of Garmin’s business segments beat expectations, led by Fitness, up 34 percent; Marine and Aviation, both up 22 percent; and Outdoor, up 16 percent.
Golf Rounds Played Climb In December
Golf rounds played for December 2019 rose 8.3 percent nationally compared to a year ago, according to Golf Datatech. For the year, gold rounds played grew 1.5 percent.
Puma Signs Kendrick Nunn And Derrick Jones Jr.
Puma added Kendrick Nunn and Derrick Jones Jr., who both play for the Miami Heat, to the brand’s roster of NBA ambassadors.
Half Of U.S. Adults Want To Lose Weight
Losing weight is a top wellness goal for half of the U.S. adult population, according to a study from the NPD Group. Some wishing to lose weight will not follow a diet plan but instead carefully choose the foods they eat and about 25 percent of consumers will follow a diet plan.
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