Skechers USA Inc. reported net earnings rose 13.7 percent in the third quarter on a 15.1 percent revenue gain.
Author: SGB Media
Nike’s CEO Mark Parker To Step Down In January 2020, John Donahoe To Succeed
Nike Inc said John Donahoe will be appointed as the company’s new president and chief executive officer, effective Jan. 13, 2020. At the same time, Mark Parker, CEO since 2006 and chairman, president and CEO since 2016, will become executive chairman and continue to lead the board of directors and work closely with Donahoe and the senior management team.
Voxel8 Announcing Series B Investment Round
Voxel8, a start-up bringing 3-D printing to footwear and athletic apparel, announces a Series B funding led by DSM Venturing, the venture investment arm of DSM.
Synchrony And Dick’s Sporting Goods Announce Multi-Year Extension
Synchrony announced it has signed a multi-year extension with Dick’s Sporting Goods. Building on a more than 15-year relationship, this agreement will continue to provide customers with special financing promotions, an accelerated rewards program, and digital account management through the ScoreRewards branded credit card and co-branded Mastercard credit programs.
Rossignol Group Reorganizes North American Apparel Team
Rossignol is restructuring its apparel and retail operations team in North America in order to more effectively support growth goals in the category and fuel initiatives in D2C and retail sales channels.
American Sportfishing Association Recognizes Industry And Conservation Leaders
During the 2019 Sportfishing Summit, the American Sportfishing Association (ASA) recognized four individuals who dedicated their careers to help ensure that the industry, and anglers across the U.S., have well-managed fisheries, clean water, access to our public lands and waters and a viable business environment.
JCPenney Announces Key Executive Appointments
J. C. Penney Company Inc. on Tuesday announced that Brooke Buchanan, a seasoned communications executive with over 15 years of communications expertise, will join the company on October 28 as senior vice president, communications, reporting to CEO Jill Soltau.
Tender Bolsters Outdoor Portfolio With RapidPure Acquisition
Tender Corp., which sells a range of branded consumer products including After Bite, Adventure Medical Kits and Ben’s, on Tuesday announced the acquisition of RapidPure water purification systems. Financial terms of the deal were not disclosed.
IAAF To Investigate Nike’s Record-Breaking Shoe
The International Association of Athletics Federation (IAAF), the organizing body for various running-based competitions, launched a probe into the Nike Vaporfly after reported complaints about its use in competition.
Under Armour Founder Kevin Plank Steps Aside As CEO
Kevin Plank, the founder and CEO of Under Armour Inc., is stepping down as CEO. Patrik Frisk, the company’s chief operating officer, will take over as CEO at the end of the year. Plank, who started the sportswear company in 1996, will stay as executive chairman and brand chief.
Fanatics Partners With Blizzard Entertainment
Fanatics and publisher Blizzard Entertainment announced an expanded agreement that will see Fanatics operate new mobile-friendly e-commerce platforms that will house Blizzard’s Gear Stores for gamers across the globe.
Mike Dowse To Head USTA
Michael Dowse, president of Wilson Sporting Goods Co., has been named chief executive officer and executive director of the United States Tennis Association.
Can Peloton Pull A ‘Netflix’ On Gym Memberships?
Shares of Peloton Interactive Inc. slipped yet again Monday, down $1.26, or 5.4 percent, to $22.26 at market close, but analysts remain upbeat on the company’s prospects—specifically its ability to disrupt certain markets such as gym memberships—based on recent coverage initiation reports and rating changes to “buy” or equivalent.
USA Triathlon Becomes First-Ever U.S. National Governing Body To Form CBD Partnership
USA Triathlon became the first U.S. National Governing Body in the Olympic and Paralympic Movement to formalize a partnership with a CBD (cannabidiol) manufacturer, aligning with Pure Spectrum CBD through 2023.
Callaway Golf Signs Stephen Curry
Three-time NBA champion and international superstar, Stephen Curry, has entered into a unique partnership with golf equipment manufacturer, Callaway Golf Company.
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