AccuWeather now estimates the total damage and economic loss caused by the California wildfires in 2019 will be $80 billion.
Author: SGB Media
Academy Sports Opens 25th Location In DFW
Academy, Ltd. d/b/a Academy Sports + Outdoors), has opened a new store in Frisco, Tx., located at 1725 US Hwy 80.
Norrøna Expands Rep Teams In Pacific Northwest, Northeast
Norrøna, the Norwegian outerwear brand with U.S. headquarters in Boulder, CO, continues to grow its presence in the U.S. market with the addition of regional sales representatives, Kyle Hadersberger and Derek Humphrey.
Mystery Ranch Hires Sales Agency For Midwest Region
Mystery Ranch Backpacks, based in Bozeman, MT, retained a new sales agency, Dunkin-Lewis, Inc. based in Vestavia Hills, AL.
Columbia Sportswear Chairwoman Gert Boyle Dies
Columbia Sportswear Company reported the passing of Gert Boyle, the chairman of the board of directors of Columbia Sportswear and its matriarch since 1970.
Aisle Talk Week Of October 28
Top headlines from across the active lifestyle industry featured in SGB during the week of October 28, 2019.
‘Run Smart. Run Bright.’
November is Run Safety month. #RUNBRIGHT The Running Industry Association celebrates the event with its 7th annual National Running Safety Month campaign supporting the organization’s 200-plus retail member partners nationwide by supplying marketing and communication materials made possible by member brands Gore-Tex, Asics and AfterShokz. The goal of the ‘Run Smart. Run Bright.’ campaign is […]
Fitbit To Be Acquired By Google
Fitbit, Inc. announced that it has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash, valuing the company at a fully diluted equity value of approximately $2.1 billion.
Nike Live Opens In Tokyo And Long Beach
Nike announced the global expansion of the Nike Live concept with the launch of two new stores in Tokyo and Long Beach. The stores officially opened to NikePlus members yesterday, November 1.
Adidas Outdoor Opens First Pop-Up In NYC
Adidas Outdoor will open its first pop up in NYC Saturday, November 2, at 273 Lafayette between 12:00 and 7:00 p.m. celebrating the MyShelter commuter jacket.
Asics’ North America Sales Flat In Q3
Asics showed a loss of ¥1.74 billion ($16.1 mm) in the North America region in the third quarter against a loss of ¥534 million a year ago. Sales in the quarter dipped 0.1 percent to ¥21.17 billion ($196 mm) from ¥21.19 billion.
Newell Brands Raises Guidance On Improving Q3
Newell Brands reported a third-quarter profit. excluding charges, and sales that beat expectations while raising its full-year outlook. Core sales growth in the Home & Outdoor Living segment grew 1.3 percent.
Genesco Names Chief Accounting Officer
Genesco Inc. announced the appointment of Brent Baxter as the company’s new vice president, chief accounting officer, succeeding Paul Williams, who recently announced his retirement after 42 years with the company.
Crocs Announces Secondary Offering
Crocs Inc. announced that certain selling stockholders affiliated with The Blackstone Group Inc. have commenced a secondary offering of 6.86 million shares of Crocs common stock.
Olympia Sports Selects Agent To Conduct Closing Sale For 76 Stores
Olympia Sports, the Maine based athletic footwear and apparel chain, has selected SB360 Capital Partners LLC (www.sb360.com), as their exclusive agent to conduct “Store Closing” sales in 76 stores. Olympia, which was recently acquired by sports retailer JackRabbit, will continue to operate its remaining 75 stores under the Olympia Sports’ banner.
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