Retail sales in November increased 0.1 percent seasonally adjusted over October and were up 2.1 percent unadjusted year-over-year, marking the first half of the holiday season with billions of dollars in shopping left to be done, the National Retail Federation said Friday.
Author: SGB Media
Symphony Holdings Acquires Skins
Symphony Holdings Limited announced that it had completed the acquisition of the global trademarks and patents of Skins, the Australian apparel manufacturer known for its compression products.
GNC Welcomes New Chief U.S. Officer
GNC Holdings, Inc. appointed Josh Burris as chief U.S. officer. Burris will be responsible for GNC’s retail and franchise operations, merchandising, supply chain strategy as well as strategic partnerships in the United States.
Trump Agrees To Limited Trade Deal With China
The U.S. and China are reportedly near an end to their ongoing trade war with both sides on the verge of a trade agreement that would cease the tariff increase set to kick in Sunday, December 15.
MLS Announces Inaugural Adidas MLS College Showcase
Major League Soccer unveiled the inaugural 2019 Adidas MLS College Showcase, which will take place from December 13-15 in Raleigh, NC. The three-day event will give technical staffs from every MLS club an opportunity to scout the top collegiate prospects in the nation, including players with remaining NCAA eligibility.
Trade Show Tumult: New Event Underscores Ongoing Change
A new outdoor hardgoods trade show hits the calendar next summer, and its arrival brings more change to the outdoor industry’s already busy show schedule. SGB digs into the latest shuffling of events with reaction from brands and buyers.
S&S Activewear Acquires Technosport Canada
S&S Activewear, based in Lockport, IL, has acquired Technosport Canada, a Montreal-based wholesale apparel firm that has distribution centers in Alberta, British Columbia, New Brunswick, Ontario and Quebec.
Track160 Closes $5 Million Funding Round
Track160, a leading optical tracking based sports analytics company, announced a $5 million Series A funding round, led by the ADvantage Sports Tech Fund.
The Dick’s Sporting Goods Foundation Supports El Paso Middle Schools
The Dick’s Sporting Goods Foundation (DSGF) partnered with Kellogg’s Frosted Flakes’ Mission Tiger to give a Sports Matter grant to every public middle school athletic department in El Paso — a total donation of $500,000 — to help give more middle school kids access to sports.
PHIT Act Gets New Congressional Support
On December 5, Congressman Cedric Richmond (D-LA) became the 100th cosponsor of the Personal Health Investment Today (PHIT) Act.
Industry Effort Helps Minnesota Create Outdoor Recreation Task Force
Outdoor recreation industry leaders, including Outdoor Recreation Roundtable, REI and Outdoor Industry Association, on Thursday applauded Minnesota’s announcement of an Outdoor Recreation Task Force (ORTF) to study and identify economic and participation opportunities around the state’s robust outdoor recreation resources.
Champion To Sponsor PlayVS
Champion has become the uniform and fanwear provider of PlayVS, the official platform for high school esports competition, to join a number of other esports sponsorships.
Lululemon Athletica Remains On Fire In Q3
Powered by an acceleration in its men’s business and continued robust growth in women’s, Lululemon Athletica reported earnings jumped 33.4 percent in the third quarter as comps climbed 17 percent on a currency-neutral basis. The outlook for the year was raised for the third straight quarter as earnings and sales both handily exceeded guidance.
Oboz Footwear Names Rich Hohne Director of Marketing
Oboz Footwear, the outdoor footwear company headquartered in Bozeman, MT, has hired Rich Hohne as its director of marketing. Hohne joins Oboz from Simms Fishing Products.
WRA Names Executives From The North Face And Scarpa To Board
Western Resource Advocates President Jon Goldin-Dubois on Thursday announced that Kim Miller, CEO of Scarpa North America, and Jamie Starr, global director of sports marketing at The North Face, have joined WRA’s board of directors.
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