Fjällräven, the Swedish heritage brand, celebrated the grand opening of a new flagship brand center in Seattle’s downtown epicenter during the week of July 15, 2019.
Author: SGB Media
First L.L.Bean Retail Store In Canada To Open In August
L.L.Bean through a partnership will open its first-ever Canadian retail location in the company’s 107-year history. The 13,000 square foot store is set to open on August 23r in Oakville Place, just outside Toronto, via an exclusive agreement with Jaytex Group, a 40-year old Canadian distributor of brand name outerwear and apparel.
Columbia Sportswear’s Tim Boyle Speaks Out Against Trump Administration’s Immigration Policies
In an internal memo, Tim Boyle, Columbia Sportswear CEO, blasted the Trump administration for its immigration policies, according to The Oregonian.
Aisle Talk Week Of July 15
Top headlines from the active lifestyle industry you may have missed this week, including European lifestyle retailer Snipes acquiring Detroit, MI-based Mr. Alan’s Men’s Bootery Inc., a lifestyle specialty retailer of urban-inspired footwear, apparel and accessories.
Bankruptcy Judge Urges Ellett Brothers To Cooperate With Sales Process
The bankruptcy judge overseeing the Ellett Brothers’ bankruptcy case sided with the unsecured trade creditors’ committee and is urging the firearms distributor to fully assist in exploring a sale option. As reported, a buyer in a going concern has to be found by July 24 to avoid an outright liquidation.
Snipes Acquires Mr. Alan’s Men’s Bootery
European lifestyle retailer Snipes has acquired Detroit, MI-based Mr. Alan’s Men’s Bootery Inc., a lifestyle specialty retailer of urban-inspired footwear, apparel and accessories. Financial terms of the transaction were not disclosed.
Report: J.C. Penney Hires Financial Advisor
J.C. Penney has hired advisers to help it explore options to restructure its debt, according to a report from Reuters late Thursday.
Accell Group’s Core Sales Climb 8.8 Percent In First Half
Accell Group N.V., the parent of Haibike, Koga, Batavus and Raleigh, reported sales in its core businesses in the first half were up 8.8 percent to €650.9 million. EBIT in its core businesses expanded 12.6 percent to €57.8 million.
Freemotion Appoints Sales Director For Europe
Freemotion, the commercial fitness manufacturer, has appointed Apostolos Seintis as sales director for Europe.
Decathlon To Open New Store in San Francisco
Decathlon announced that it will be opening another major brick and mortar store in the Bay Area, its third location in the U.S. The newest location be in the Potrero Center shopping mall at the corner of 16th Street and Bryant Street.
Thule Unveils Global Rollout Plans For Tepui
Thule Group AB’s $9.5 million acquisition of rooftop tent maker Tepui Outdoors Inc. last December gave the Swedish company quick entry into the booming category of overlanding without the time and energy needed to expand organically. Now that the integration is complete, Thule this week shed some additional light on the company’s global plans for its newest asset.
Skechers Earnings Surge In Q2
Skechers USA Inc. reported second-quarter earnings jumped 66.0 percent, easily ahead of Wall Street’s targets, as revenues gained 13.7 percent on a currency-neutral basis. The revenue gains were driven by increases of 19.8 percent in the company’s international business and 1.5 percent in its domestic business.
Amazon Prime Day Again Sets Records
Amazon’s annual two-day Prime Day sales event this week showed little signs of plateauing, besting the e-tail giant’s Black Friday and Cyber Monday sales of 2018 and becoming the largest shopping event in the company’s history. The event also paid off handsomely for other retailers tailoring campaigns tied to the event.
Puma Reported To Be Close To €300 Million Borussia Dortmund Deal
Puma is close to an agreement on a club-record, ten-year deal worth more than €300 million (US$336 million), according to SportBild.
And1 Restores Central City Park In New Orleans
And1’s national Paint the Park initiative, hosted by the footwear and apparel brand’s newest ambassador NBA Star Montrezl Harrell and fueled by Walmart has restored a popular community park in the Central City section of New Orleans.
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