Reebok Becomes the Official Human Performance Partner of the Navy SEAL Foundation; Collaboration to Include Support for NSW Warriors and Families, Sales Discounts.
Author: SGB Media
Sustainable Down Source Reveals New Level of Down Transparency
Sustainable Down Source (SDS) today announced a new way for consumers to track the provenance and technical details of the down used to make their down jacket or sleeping bag. Beginning this year, the company will make available hangtags to their brand partners, which will contain a unique Quick Response (QR) code and Lot Number. […]
May M&A Roundup: Snipes, Life Fitness And Elan Headline Busy Month
May was busy for M&A in the active lifestyle space, headlined by a European lifestyle retailer entering the U.S. market through a timely acquisition and private equity firms purchasing a well-known fitness equipment company and longtime ski maker.
Vail Resorts Announces Host Of Capital Improvements
Vail Resorts on Monday announced significant capital investments at Vail Mountain, Beaver Creek Resort, Breckenridge Ski Resort, Keystone Resort and Crested Butte Mountain Resort.
Mercury Marine Expands Diecast Capabilities With $9M Expansion
Mercury Marine, a subsidiary of Brunswick Corp., on Monday announced it has officially opened its $9 million, 23,500-square-foot expansion to its diecasting facility.
Callaway Golf Announces Buyout Of Japan Apparel Joint Venture
Callaway Golf Co. announced Monday that its Tokyo-based subsidiary, Callaway Golf K.K., acquired the remaining 48 percent stake in Callaway Apparel K.K., an apparel joint venture between Callaway and its long-time partner, TSI Groove & Sports Co. Ltd.
‘Soft Marketplace’ Sparks Caleres To Lower Full-Year EPS Outlook
Caleres on Monday reduced its expected full-year earnings per share to $2.35 to $2.45, down from $2.45 to $2.55 and a consensus of $2.48, because of a soft marketplace, said CEO Diane Sullivan.
Brunswick Appoints Senior Director–Investor Relations
Brunswick Corp. on Monday announced that Alexander Marchetti has been named senior director – investor relations and will be responsible for Brunswick’s global investor relations efforts.
PVH, G-III Announce License Agreement For Calvin Klein Jeans Women’s Jeanswear Collections
PVH Corp. and G-III Apparel Group Ltd. announced Monday that PVH’s Calvin Klein Inc. subsidiary and G-III have entered into a license agreement with an initial term of five years for the design, production and distribution of Calvin Klein Jeans women’s jeanswear collections in the U.S. and Canada.
Visa Increases Global Investment In Women’s Soccer
Visa entered a five-year sponsorship agreement with the world leader in women’s soccer, the U.S. Soccer Federation, to contribute to its long-standing investment in the development of women’s soccer and support the U.S. Women’s National Team through 2023.
PVH Completes Acquisition Of Australia Distributor
PVH Corp. completed the acquisition of the approximately 78 percent of the outstanding shares of Gazal Corporation Limited, PVH’s long-term partner in Australia, not previously owned.
USA Triathlon Announces Key Organizational Updates
USA Triathlon announced several key organizational updates, including the election of Jacqueline McCook as president of the USA Triathlon board of directors, and Joel Rosinbum as vice president of the board, becoming the first woman and elite paratriathlete, respectively, to ever hold these positions.
Jessup Manufacturing Acquires Safe Glow
Jessup Manufacturing Company announced it has purchased Safe Glow Corporation for an undisclosed amount. This strategic move consolidates Safe Glow with Jessup Glo Brite, two popular brands of photoluminescent safety products for industrial, commercial and institutional markets.
OrthoLite Makes Strategic Hires
OrthoLite, the maker of insoles, announced the hiring of Milton Brice as chief financial officer and Mark Coffield as general manager, Vietnam, as the company continues its global expansion and growth.
Walmart Appoints Chief Technology Officer
Walmart announced it has appointed Suresh Kumar to a new elevated chief technology officer and chief development officer role. He brings more than 25 years of technology leadership experience coming from Google, Microsoft, Amazon and IBM.