NGA Launches Outdoor Recreation Learning Network

The National Governors Association (NGA) on Wednesday announced the launch of the Outdoor Recreation Learning Network to help governors and their staffs leverage their unique natural, cultural and historical resources to advance economic, workforce, health and environmental benefits.

Report: Nike Exploring Sale Of Hurley

Nike Inc. is exploring the sale of Hurley International, the surf brand acquired in 2002, according to a report from Reuters. The move follows prolonged weakness in the overall action sports market.

Chattanooga’s Echelon Fitness Secures Investment

Echelon Fitness, a specialist in indoor cycling technology, received an investment from North Castle Partners. The growth capital infusion from North Castle Partners will bring Echelon’s total valuation to over $100 million.

Checking In On VF Corp.’s Denver Relocation

While VF Corp. executives spent most of Wednesday morning’s earnings call discussing the company’s impressive first quarter, including standout performances from Vans and The North Face, recent transformation efforts were also on the agenda. And now that the spinoff of Kontoor Brands is complete, VF’s focus is squarely on its ongoing and massive relocation to Denver.

Balanced Growth Leads Rocky Brands To Q2 Beat

Rocky Brands Inc. on Wednesday announced net income of $3.2 million for its second quarter ended June 30, up from $2.6 million, while diluted earnings per share increased 20 percent to 42 cents a share, topping analysts’ expectations by 6 cents. Q2 revenue of $62 million was up 6.4 percent from $58.2 million in the second quarter of 2018 and ahead of Wall Street’s estimates by $1.6 million.

UNLV Extends Deal With Nike

UNLV agreed to a three-year contract extension with Nike. Nike will remain the exclusive athletic footwear, apparel and accessories sponsor of UNLV Athletics.

Walmart E-Commerce Exec Joins Rockets Of Awesome

Scott Turner, Walmart’s director of e-commerce of two and a half years, has Rockets of Awesome, the growing children’s apparel company. In February, Foot Locker acquired a minority stake in the New York-based company.