American Airlines is eliminating its hefty oversize bag fees for large sports equipment and musical instruments ahead of the summer travel season. Passengers checking items including surfboards, skis and bikes will now pay standard checked bag fees instead of an oversize bag fee of $150 each way on domestic flights.
Author: SGB Media
Stein Mart To Install Amazon Pick-Up Lockers
Stein Mart plans to house Amazon lockers in 200 of its 283 stores. Amazon Hub Lockers are secure, self-service kiosks that provide customers of the online retailer an alternative delivery option to pick up and return their Amazon packages.
Duluth Trading Announces Grand Opening Of Its 53rd Store in Danbury
Duluth Trading Company announced the grand opening of its 53rd store in Danbury, CT.
VF Corporation Completes Separation Of Kontoor Brands
VF Corporation announced that it has completed the previously announced separation of VF’s Jeanswear organization into an independent, publicly traded company.
Skechers Not Worried About Tariffs
Speaking at the 20th Annual B. Riley FBR Institutional Investor Conference, officials at Skechers USA Inc. said they expect no impact from the latest round of tariffs on Chinese goods and feel comfortable that it will be able to make adjustments if another round arrives.
‘New’ VF Corp. Emerging After Transformative Year
VF Corp. just completed the spinoff of its jeans division and is in the process of moving its global headquarters to Denver, CO, from Greensboro, NC, but these are only two of the significant changes at the multibillion-dollar company. After completing “one of the most transformative periods in VF’s 120-year history,” where does it go from here?
Hydro Flask Has ‘Incredible Amount Of White Space’
At Helen of Troy’s Investor Day on Tuesday, company officials talked up the continuing strong potential of Hydro Flask as it expands across categories. Larry Witt, president of the Housewares division, said, “The outdoor space like the home space has a vast number of product categories to play in, and that’s why we see an incredible amount of white space for Hydro Flask.”
Shoe Carnival Q1 Earnings Climb 7 Percent
Shoe Carnival Inc. reported earnings rose 7.1 percent in the first quarter to $13.9 million, or 91 cents a share. Comps in the quarter dipped 0.2 percent due to the later tax refund season as well as inclement weather impacting February, but the combined months of March and April increased 3.6 percent.
Avenatti Indicted In Nike Extortion Case
Controversial lawyer Michael Avenatti was charged with trying to extort Nike out of more than $20 million dollars by threatening to go public with claims the company was facilitating payments to the families of high school basketball stars. Avenatti separately was charged with stealing about $300,000 from his former porn star client Stormy Daniels.
Norrona’s First American Concept Store To Open Memorial Day Weekend
Norwegian outdoor brand Norrona will open its first U.S. brand store in Boulder, CO. The Pearl Street Mall location will open to the public on May 25 and will include all of its collections, including apparel for mountaineering, hiking, hunting, mountain biking and skiing.
Finalists Announced For Outdoor Retailer Inspiration Awards
Finalists for the ninth annual Outdoor Retailer Inspiration Awards presented by Adidas Outdoor were announced Wednesday by Outdoor Retailer.
OIA Skip Yowell Future Leadership Academy Announces Capstone Projects
Outdoor Industry Association (OIA) announced capstone projects for Class 4 of the Skip Yowell Future Leadership Academy (FLA), an immersive leadership experience for the next generation of outdoor industry game-changers. This year’s class includes 35 driven emerging leaders from REI, Yakima, Pacific Crest Trail Association, Backcountry.com, The North Face, Outdoor Research, Burley and others.
Peloton Announces Expansion Into Germany
Peloton announced plans to launch in Germany, its third market outside the U.S., by the end of this year.
Foot Locker Surprises High School Seniors With Scholarships
For the eighth consecutive year, the Foot Locker Foundation has awarded $20,000 scholarships to 20 outstanding student-athletes.
Urban Outfitters’ Q1 Pulled Down By Margin Pressures
Urban Outfitters Inc. reported earnings in the first quarter declined 21,0 percent to $32.6 million, or 31 cents a share as gross margins were hurt by underperforming women’s apparel at the Anthropologie and Urban Outfitters brands. Earnings surpassed Wall Street’s target of 26 cents.
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