Thule’s CFO Announces Resignation

Thule Group AB on Monday announced that Lennart Mauritzson has informed that he will leave his position as CFO of Thule Group to take on the role as CEO of the privately owned family company Backahill AB in Ängelholm, Sweden.

Canada Goose Announces Election Of Directors, Reappointment Of Auditor

Canada Goose Holdings Inc. held its annual meeting of shareholders on August 15, 2019. All the nominees for election as directors listed in the Company’s management information circular dated July 2 were elected by a majority of the votes cast by shareholders virtually present or represented by proxy at the meeting.

Survey: Health Clubs Prospering As Revenue, Memberships Grow

The health club industry is continuing to prosper. Club visitation is growing at a steady clip as 2018 notched a record number of consumers visiting a club, and health club revenues jumped nearly 8 percent over the previous year, according to a recent study by IHRSA, The International Health Racquet & Sportsclub Association.

Aisle Talk Week Of August 12

Top headlines from the active lifestyle industry you may have missed this week, including Gearhead Outfitters, an Arkansas-based outdoor specialty retailer, acquiring Rock/Creek Outfitters in Tennessee and Uncle Dan’s Outdoor Store in Illinois from Camping World Holdings Inc.

Avenatti Motion Punches Back At Nike, But Will It Land?

Legitimate claim that Nike Inc. made illegal payments to high school hoops stars, or malicious attempt by desperate lawyer to clear his name of wrongdoing? That’s the question at the heart of the motion that attorneys for Michael Avenatti filed in federal court Wednesday to dismiss his recent indictment. SGB breaks down the latest in this ongoing saga, which includes accusations of payments to such stars as Zion Williamson.

Dillard’s Significantly Widens Loss In Q2

Dillard’s Inc. reported a net loss for the 13 weeks ended August 3 of $40.7 million, or $1.59 per share, compared to a net loss of $2.9 million, or 10 cents per share, for the prior-year second quarter. Analysts expected a loss of 77 cents per share.