The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country and Evolv, has hired William (Bill) Sinoff as general manager of Evolv climbing shoes.
Author: SGB Media
2019 Year In Review: M&A Accelerates Across Active Lifestyle Market
2019 saw consolidation accelerate across the active lifestyle market, but almost as remarkable as the sheer volume of M&A was the variety of deals that closed during the calendar year. Retailers and brands accounted for a majority of transactions, but a host of other privately held and publicly traded businesses pulled the trigger on industry-shifting moves. SGB has the full list from the last 12 months.
Shred Partners With Lanctôt For Canadian Distribution
Shred announced Monday that it has partnered with Lanctôt for the distribution of its action sports eyewear and protection products in Canada.
Dick’s To Close Store In Elk Grove
Dick’s Sporting Goods is closing its store in Elk Grove, CA, according to the Sacramento Business Journal. The location was converted from a Sports Authority in 2017.
DPS Skis Partners With Madison Rose Ostergren
DPS, the maker of skis, signed former NCAA Division I standout alpine ski racer Madison Rose Ostergren to an athlete contract.
Killer Instinct Retains Summit Outdoor Sales
Killer Instinct, a leading manufacturer of performance crossbows and crossbow accessories, announced Summit Outdoor Sales to represent the brand in key territories with independent retailers. Summit will be responsible for sales and service in Midwest, Northeast, TALO and Southeast regions.
Race-Mania Summit And Expo Returns To Boston On March 15, 2020
Sun Multisport Events announced registration is now open for the 2020 Race-Mania Summit & Expo taking place on Sunday, March 15, 2020 at the Boston University Fit Rec Center in Boston, MA. Designed to educate, equip and inspire endurance athletes on the eve of a new season, Race-Mania features top speakers, informational and inspirational seminars, hands-on clinics and workshops; competitive events; and a vendor expo with 85+ sponsors and exhibitors.
Spokane’s Mountain Gear To Close
Mountain Gear in Spokane, WA, is closing after 37 years in operation. The retailer blamed online competition.
2019 Bankruptcy Blotter
Payless ShoeSource, Shopko, Barneys and Fred’s led a number of companies that landed in bankruptcy court in 2019. Other filings included Skins, Campus Den, Loot Crate and Mad Dogg Athletics.
Amazon Expands Free Returns To Cover More Items
Amazon is expanding its free returns policy to include electronics, pet supplies, household items, kitchen appliances and more. Previously, only apparel, footwear and bedding were eligible.
CBRE Forecasts Online Returns Could Total As Much As $41.6 Billion This Holiday Season
Retailers and shippers this holiday season will handle more returns than ever of goods bought online, illustrating a costly drawback to e-commerce’s growth that the industry is working hard to contain, according to a new report from CBRE.
REI Speaks Out On Tongass National Forest
With the opportunity for public comment on changes to the Roadless Area Conservation Rule proposed by the Trump administration coming to an end, REI Co-op submitted a strongly worded letter endorsing Alternative #1 (no action) on the proposed changes.
BJ’s Wholesale Club Appoints New CEO
BJ’s Wholesale Club appointed Lee Delaney to succeed Christopher Baldwin as chief executive officer.
Gone…Not Forgotten
Friends who left us in 2019 included Columbia Sportswear’s Gert Boyle, Fila’s Jon Epstein, Burton Snowboards’ Jake Burton Carpenter and American Sporting Goods’ Jerry Turner.
Nike CEO Mark Parker Bids Farewell (Sort Of) As Succession Looms
Mark Parker isn’t exactly riding off into the sunset with his pending retirement from Nike Inc.’s top post—he will, after all, stay on the board and assume the title of executive chairman. But Thursday afternoon served as a swan song of sorts for the longtime leader. Nike’s chairman, president and CEO ran his final quarterly earnings call, and before he delivered the good news of Q2, he reflected on his 40 years with the footwear and apparel giant.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal