Vantage Apparel has partnered with 1% for the Planet, an organization that encourages companies to give back a portion of their sales to benefit the environment.
Author: SGB Media
BSN Sports Acquires Missouri’s Key Sport
BSN Sports announced that it has acquired Key Sport Shop, Inc., based in Rolla, MO.
Nike CEO Mark Parker On Importance Of Connection
Nike Inc.’s ability to connect in multiple ways—with existing consumers and with new marketplaces, across supply chains and across sports—is helping the company continue to grow and remain on pace to hit $50 billion in annual revenue by 2022. On Thursday afternoon’s earnings call, CEO Mark Parker stressed the importance of connectivity in all company pursuits.
Aisle Talk Week Of June 24
Top headlines from the active lifestyle industry you may have missed this week, including the Running Industry Association (RIA) announcing the Best in Show Awards from the inaugural KICK Show hosted in Denver, CO, June 3-6.
Navico Appoints Knut Frostad President And CEO
Navico, parent company to the Lowrance, Simrad, B&G and C-MAP brands announced Friday that its board of directors has appointed Knut Frostad as president and CEO, assuming the role of outgoing chief executive, Leif Ottosson.
Evo Partners With Bouldering Project at Campus SLC
Seattle-based outdoor and action sports retailer Evo has announced it will partner with Bouldering Project to bring a world-class bouldering gym to its new Campus SLC, a collection of complementary businesses designed to drive community around a shared passion for outdoor culture in Salt Lake City.
Nike And Paris Saint-Germain Extend Partnership
Nike has agreed to a long-term extension to remain the official football kit supplier for Paris Saint-Germain (PSG) until 2032.
Duluth Holdings Opening Store in Kennesaw, GA
Duluth Holdings Inc. (dba, Duluth Trading Co.) on Friday announced the grand opening of a store in Kennesaw, GA, the 55th in its retail footprint.
Brunswick Concludes Divestiture Of Fitness Business
Brunswick Corporation announced that it has completed the previously announced sale of its Fitness business to KPS Capital Partners, LP, a private investment firm, in an all-cash transaction for approximately $490 million.
Lids To Increase Focus On Fashion Caps
In an interview with the New York Post, Lids’ CEO Tom Ripley said the retailer plans to reduce its mix of caps tied to professional and collegiate teams to half of sales from 75 percent within two years in favor of fashionable headwear.
Golf Rounds Played Drops In May
According to Golf Datatech, golf rounds played in the U.S. were down 5.4 percent in May. Year to date, golf rounds played are down 1.3 percent.
Running Industry Association Announces KICK Show ‘Best in Show Awards’
The Running Industry Association (RIA) on Thursday announced the Best in Show Awards from the inaugural KICK Show hosted in Denver, CO, June 3-6.
Nike’s Earnings Slide In Fourth Quarter
Nike Inc. reported earnings fell 13.0 percent in the fourth quarter ended May 3 as increased marketing costs, currency headwinds and a higher tax rate offset improving sales and gross margins. Earnings were 4 cents below Wall Street’s average estimate. Revenues rose 4.0 percent, slightly ahead of targets, and would have been up 10 percent on a currency-neutral basis, led by China.
Spy Increases Emphasis On Canadian Optical Market And Takes Distribution In-House
Spy is increasing its focus on the optical market in Canada and shifting distribution efforts to its recently strengthened Canadian-based sales force.
NCTO Applauds Senate Passage Of National Defense Authorization Act
The National Council of Textile Organizations (NCTO) on Thursday commended the Senate for passing the National Defense Authorization Act of Fiscal Year 2020, which strengthens the Berry Amendment by setting compliance requirements to all Department of Defense acquisitions at or above $150,000.
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