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.
Author: SGB Media
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.
Banana Republic Introduces Rental Subscription Service For Women
Banana Republic has announced the launch of Style Passport, an online subscription service that provides unlimited access to its women’s apparel collection.
Arthur Ashe Leads Tennis Industry Hall of Fame Inductees
On August 26, the tennis industry will honor three people—including the late Arthur Ashe—who helped to shape the state of the sport in the U.S. and around the world by inducting them into the Tennis Industry Hall of Fame.
Report: Dick’s Sporting Goods Opens Three Clearance Outlets
Dick’s Sporting Goods has reportedly transformed three of its stores into Dick’s Sporting Goods Clearance Outlets since May. The stores sell only clearance footwear and apparel from a variety of brands, and do not stock sports equipment or other products.
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.
Big Rock Sports Team Receives Pelican Award From North Carolina Coastal Federation
On August 3, the 2019 Pelican Award recipients were honored by the North Carolina Coastal Federation at the Crystal Coast Civic Center in Morehead City for their outstanding contributions to protecting the North Carolina coast. Recipients included Big Rock Sports, who won For Outstanding Community Leadership and Collaboration.
Jeanette Loos Named Global Head Of ISPO Group
Jeanette Loos has assumed the newly created position of Global Head of ISPO Group at Messe München.
REI Partners With National Outdoor Leadership School
REI Co-op and National Outdoor Leadership School (NOLS) are launching a first-of-its-kind wilderness preparedness course offering Wilderness Safety Training to the general public.
Rocky Brands Expands Distribution Center
Rocky Brands is adding a $5 million, 94,000-square-foot expansion to its 192,000-square-foot Hocking County operation in Logan, OH.
Gearhead Outfitters Acquires Rock/Creek Outfitters, Uncle Dan’s Outdoor Store
Gearhead Outfitters, an Arkansas-based outdoor specialty retailer, has announced the acquisition of Rock/Creek Outfitters in Tennessee and Uncle Dan’s Outdoor Store in Illinois from Camping World Holdings Inc.
Mixed Results For Occupancy At Mountain Destinations
At the halfway point of summer, lodging properties in mountain destinations are enjoying a strong overall seasonal performance but lacking the impressive year-over-year growth figures posted in the past decade.
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.