Thule reported earnings rose 8.9 percent in the second quarter on a 7.3 percent revenue gain. Magnus Welander, CEO and president, said in a statement, “After a strong April and stable May, growth in the month of June was a disappointment in the US as store owners became more cautious as a result of the additional 15 percent tariff on Chinese goods announced in May.”
Author: SGB Media
Colin Kaepernick ‘Dream Crazy’ Nike Commercial Gets Nominated For Emmy
Nike’s “Dream Crazy” commercial, supporting Nike’s 30th-anniversary “Just Do It” campaign and controversially narrated by Colin Kaepernick, has been nominated for an Emmy award for Outstanding Commercial.
Prime Day 2019 Surpassed Black Friday And Cyber Monday Combined
Amazon on Wednesday reported that sales during the two days of Prime Day—July 15 and 16—surpassed the previous Black Friday and Cyber Monday combined.
Lululemon Appoints New Director
Lululemon Athletica Inc. on Wednesday announced Stephanie Ferris, CFO of payment processing leader Worldpay Inc., has been appointed to the company’s board of directors, effective immediately.
Play It Again Parent Sees Income Rise Slightly As Revenue Dips
Winmark Corp., the parent of Play It Again Sports, on Wednesday announced that net income for the second quarter ended June 29 of $7.3 million, or $1.79 per diluted share, up slightly from net income of $7.1 million, or $1.73 per diluted share, in the year-ago period.
NFHS Marks Centennial With New Logo
The National Federation of State High School Associations (NFHS) on Wednesday celebrated 100 years of leading high school sports and other activity programs nationwide with a new logo.
Echelon Fit Secures Investment From North Castle Partners
Echelon Fit, the maker of Echelon Fit connected spin bikes and on-demand digital workouts, announced a growth capital infusion from North Castle Partners. The investment comes approximately one year after the official direct-to-consumer launch of Echelon Fit.
PeopleForBikes Announces Community Grant Recipients
PeopleForBikes announced its latest round of community grants. The latest grant round totals $50,000 and includes eight projects in seven states.
Kate’s Real Food Appoints Sales Chief
Kate’s Real Food, producers of wholesome, hand-rolled energy bars made from organic ingredients, announced that company sales manager, Matt O’Rell, has been promoted to the position of EVP of sales.
QBP Appointed New U.S. Distributor For Fox Bicycle
Quality Bicycle Products (QBP) has been named the new U.S. wholesale distributor of Fox bike forks, shocks, dropper posts and service parts.
Sports Participation Study Roundup
Recent sports participation studies find playing team sports can drive success in the workplace, reduce depression in boys and extend overall lifespans. Another new study touts the broad health benefits of spending at least two hours a week in nature.
Colorado Classic Issues “Equity in Cycling Pledge”
The 2019 Colorado Classic presented by VF Corporation launched the “Equity in Cycling Pledge” today that asks fans around the world to show their support for gender equality in professional cycling.
MLS, Adidas Partner With Germany FA On Academy Goalkeeping Course
Major League Soccer and Adidas announced a new partnership with the German Football Association (DFB) to train MLS academy goalkeeper coaches and goalkeepers through a series of immersive year-long development courses.
Messe Friedrichshafen Decides To Postpone The New Outdoor Event
Messe Friedrichshafen has decided not to go ahead with the premiere of OUTDOOR Friedrichshafen scheduled for September 17 to 19 2019 and to postpone the new format. The decision is intended to give all those involved the opportunity to continue developing the newly initiated concept.
NSSRA Selects New Chair And Vice Chair
The National Ski & Snowboard Retailers Association (NSSRA) selected Gordon Geiger of Geiger’s (Lakewood, OH) as chair and Tom Fuerst of Pedigree Ski Shop (White Plains, NY) as vice chair at its June 11, 2019 board of directors meeting.
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