Poler, the Portland-based outdoor apparel firm, has filed a Chapter 7 bankruptcy to liquidate.
Author: SGB Media
Vans Files Copyright Suit Against Primark
Vans sued Primark for the alleged “intentional knock-offs” of one of its signature designs.
WSS Hands Out Thousands Of Toys To Their Communities
WSS, the sneaker retailer based in California, this holiday season, through their WSSCares! Initiative, and in partnership with Adidas and Mattel Toy Store, invited families throughout the season to WSS to host locations to pick out toys with their boys and girls.
19 Burning Questions for ‘19
As the new year gets underway, plenty of questions linger around the active lifestyle, outdoor and sporting goods industries. The writers of SGB Executive came up with, fittingly, 19 questions that are likely to dominate headlines in ‘19, including the future of trade shows, the staying power of the athleisure trend, the effects of the trade war, the impact of channel disruption and much more. Here they are.
Aisle Talk Week of December 31
Top headlines from the active lifestyle industry you may have missed this week, including Sears Holdings revealing 80 more Sears and Kmart stores it plans to close in late March 2019 but also winning a reprieve from liquidating.
Surf Technicians Is Proud to Announce Our New Partnership with Gerry Lopez Surfboards
Carlsbad, California. January 3, 2019. After months of collaboration, design, and development, Gerry Lopez Surfboards and Surf Technicians are writing a new chapter and adding to the legacy of the Icon, Gerry Lopez. Gerry’s exploits at Pipeline and beyond have been well documented in both print and on the big screen which has made him one of […]
December M&A Roundup: Marquee Views Dakine As “Billion-Dollar Opportunity”
The final month of 2018 didn’t provide a high volume of M&A in the active lifestyle space, but a handful of notable deals helped the year close on a strong note, including Marquee Brands LLC’s acquisition of Dakine (pictured). Terms of the deal weren’t disclosed but Marquee sees Dakine as a “billion-dollar opportunity,” said Nate Pund of Houlihan Lokey.
SRAM Announces Leadership Change
Chicago, IL-based bicycle component maker SRAM has appointed Ken Lousberg as CEO; he replaces co-founder and CEO Stan Day, who will be transitioning to a new role in the company as chairman of the board of directors. Day has been CEO of SRAM for 31 years, with Lousberg serving as COO for the past 18 months.
Land to Sea, Warm Weather Apparel and Footwear from adidas Outdoor
Designed to go from the water to trails, adidas Outdoor spring/summer 2019 shoes and apparel provide hybrid functionality for both land and sea. Taking sustainable, reclaimed and recycled Parley for the Oceans plastic to create high tech gear made to get wet, dry quickly, and look stylish from paddle boarding to a run at the […]
Land to Sea, Warm Weather Apparel and Footwear from adidas Outdoor
Designed to go from the water to trails, adidas Outdoor spring/summer 2019 shoes and apparel provide hybrid functionality for both land and sea. Taking sustainable, reclaimed and recycled Parley for the Oceans plastic to create high tech gear made to get wet, dry quickly, and look stylish from paddle boarding to a run at the […]
2018 Year In Review: M&A Goes Outside The Box
A healthy dose of straightforward mergers and acquisitions occurred in the sporting goods, outdoor and active lifestyle industries in 2018, but a handful of unconventional deals stole the spotlight. Outside-the-box transactions—which garnered much more attention than traditional ones—included a consortium of Chinese investors and a well-known active lifestyle name purchasing Amer Sports (pictured).
Nike CEO Mark Parker: Company Focused On Digital Growth, Women’s Market
After Nike Inc. blew past earnings and revenue estimates in the second quarter, CEO Mark Parker had plenty to discuss on Thursday afternoon’s earnings conference call with analysts. Two distinct themes about Nike’s future path emerged in Parker’s comments: continued digital growth and a heightened focus on women’s footwear and apparel business.
Winnebago Cruises To Q1 Beat Behind Towables Growth, Acquisition Boost
Revenue growth in the towables portion of Winnebago Industries Inc.’s portfolio plus the boost from the recent Chris-Craft acquisition helped the company cruise past Wall Street’s earnings per share and revenue targets. The Forest City, IA-based recreational vehicle company reported net earnings increased 23.4 percent in the first quarter ended November 24 on a 9.7 percent climb in revenues.
Stifel Outlook: Uncertainty Presents Opportunity For Active Lifestyle Brands
In “2019 Outlook: Uncertainty Presents Opportunities,” a note that was sent to investors this week, Jim Duffy of Stifel outlined what he believes are going to be the differentiators for sports and active lifestyle brands in the new year. The newly public Yeti Holdings Inc., for example, was among those forecasted for a strong year based on its new product drivers and digital competency.
Case Study: Burton’s Patience In China Paying Off
In a companion piece to our special report on how U.S. snow sports brands can expand to China, SGB examines how Burton Snowboards established a strong presence in the China market way back in 2003. Now that the Winter Olympics are coming to China in three years, the Vermont-based brand is well-positioned for a booming snow sports marketplace. Here’s how they did it.
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