Fanatics Inc. and the University of Miami announced an innovative, 10-year, exclusive licensing partnership, which beginning in January 2020 will see Fanatics become the University’s primary apparel, headwear and hard goods partner. Miami joins several other NCAA partners for which Fanatics is the primary apparel partner.
Author: SGB Media
North Face Survey Finds Growing Interest In Rock Climbing
The new study, conducted by Marketing & Research Resources on behalf of The North Face, reveals that 30 percent of people are interested in learning to rock climb and 40 percent plan to watch the sport in the 2020 summer Olympics.
Stack Sports Acquires Affinity Sports And Blue Sombrero
Stack Sports, the specialist in sports technology, announced the acquisition of Affinity Sports and Blue Sombrero from Dick’s Sporting Goods. In connection with the transaction, the companies have entered into a long-term strategic partnership for retail promotion, live event scoring and team management technologies.
Century Arms Acquires Springfield Sporters
Century Arms has recently acquired the surplus company Springfield Sporters and all of its assets. The company was well known in the surplus space for hard-to-find surplus parts and collectible surplus firearms and had grown to become one of the largest surplus military parts suppliers in the U.S.A.
Dick’s Delivers Best Quarterly Comp Gain Since 2016
Dick’s Sporting Goods raised its full-year guidance after reporting earnings and sales in the second-quarter that topped Wall Street expectations. Comps expanded 3.2 percent, the highest gain since 2016. Said Ed Stack, chairman and CEO. “Our key strategies and investments are working, our major headwinds are behind us and we’ve bent the curve on sales.”
Columbia Sportswear Announces $33 Million HQ Expansion
Columbia Sportswear Co. this week announced a $33 million expansion of its campus in Washington County, Oregon.
Big 5 Appoints Colleen Birdnow Brown To Board
Big 5 Sporting Goods Corp. announced the appointment of Colleen Birdnow Brown to its board of directors, effective August 21, 2019.
Lowe’s To Sell Licensed NFL-Branded Merchandise
Lowe’s Companies Inc. announced that it will carry more than 10,000 licensed NFL-branded merchandise items on Lowes.com/NFL and will launch an online video “homegating” series that will inspire fans as they prepare for the NFL season.
Outdoor Retailer, OIA Share Reasons For Show Consolidation
Marisa Nicholson, Outdoor Retailer show director, and Amy Roberts, OIA executive director, spoke with SGB Wednesday afternoon about their joint decision to cancel the upcoming Winter Market in November and instead wrap it into January’s Snow Show, reducing the outdoor industry’s premier event to twice a year. Here’s what they said about the move.
L.L.Bean Partners To Deliver On-Site MBA Education To Employees
L.L.Bean and Husson University announced that a group of 22 L.L.Bean employees has begun pursuing their Master of Business Administration (MBA) degrees from Husson University through a workforce development initiative.
Globe International’s Sales Climb 8 Percent In Fiscal Year
Globe International Limited, based in Melbourne, reported continued growth in net sales for the year ended June 30 while profitability was just below the previous corresponding period mainly due to the impact on margins from the strengthening of the US dollar against the AUD.
Gregory’s Revenues Climb, High Sierra’s Retreat in Half
Samsonite International S.A. reported sales on a currency-neutral sales grew 22.1 percent for Gregory in the six months ended June 30 but fell 11.9 percent for High Sierra.
TIA Finds 2.1 Percent Growth In Tennis In 2018
The total value of the U.S. tennis economy grew by 2.1 percent last year to a total of $6.19 billion, according to data from the Tennis Industry Association’s annual Economic Index, created to evaluate the total worth of the U.S. tennis industry to the overall economy.
Outdoor Retailer Combines Winter Shows In January
Outdoor Retailer, in concert with the Outdoor Industry Association (OIA), as well as key brands and advising retailers, announced it will not produce Winter Market, scheduled for November 5-7, 2019. The show will be united with the Snow Show, creating the Outdoor + Snow Show, scheduled for January 29-31, 2020 at the Colorado Convention Center in Denver, bringing the entirety of the community together.
Nordstrom’s Q2 Tops Estimates
Nordstrom Inc. reported second-quarter earnings that topped expectations although sales came in at the lower end of the expected range.