Rocky Brands Inc. reported earnings rose 9.1 percent in the first quarter on a 7.4 percent revenue gain. The gains were supported by higher gross margins and an 18.2 percent jump in retail sales.
Author: SGB Media
Nike Announces Dr. John C. Lechleiter’s Retirement From Board
Nike Inc. announced that Dr. John C. Lechleiter, a director of the company since 2009 and former chairman, president and chief executive officer of Eli Lilly and Company, has decided to retire and will not stand for re-election to the board of directors of Nike Inc. at the September 2019 Annual Meeting of Shareholders.
Consumers Willing To Pay Up For Sustainability
According to CGS 2019 U.S. Consumer Sustainability Survey, more than two-thirds of Americans consider sustainability when making a purchase and are willing to pay more for sustainable products. Gen Z shoppers led the way, with 68 percent having made an eco-friendly purchase in the past year.
Washington Ski Area 49° North Mountain Resort Sold
CMR Lands LLC last week acquired 49° North Mountain Resort, a ski area located on Chewelah Mountain in Northeast Washington. Financial terms of the deal weren’t disclosed.
The Conservation Alliance Welcomes Concept III Textiles
The Conservation Alliance this week welcomed its newest member, textile company Concept III.
Gerten Outdoors Named Central Territory Sales Rep For Mountain Khakis
Outdoor apparel brand Mountain Khakis on Tuesday announced that Gerten Outdoors has become the sales representative for the Central Territory, which includes, Missouri, Iowa, Illinois, Wisconsin, Minnesota, North Dakota and South Dakota.
Kohl’s To Accept Amazon Returns At All Stores
Kohl’s announced that all Kohl’s stores will be accepting free, unpackaged returns for Amazon customers starting in July.
AllCore360 Adds John Brenkus To Advisory Board
AllCore360, the maker of abdominal exercise equipment, welcomed John Brenkus, the six-time Emmy-Award winning creator, host, and producer of ESPN’s Sport Science, to serve on the company’s Advisory Board.
CrossFit Removes Footwear Restrictions
CrossFit has lifted a rule barring athletes from wearing footwear other than Reebok when competing in the CrossFit Games.
WIIVV Integrates With Volumental To Create Omni Channel Footwear Customization Platform
Wiivv, the technology company on a mission to bring digitally customized footwear to the masses from a smartphone, announced today an integration with Volumental, the technology company helping millions of people worldwide find perfect fitting footwear through AI-driven recommendations in retail and e-commerce. By integrating with Volumental’s footwear recommendation algorithms and retail 3D scanning experience, Wiivv […]
Saucony Appoints Shawn Hoy As VP Of Product
Saucony, a division of Wolverine Worldwide Inc., announced the appointment of Nike veteran Shawn M. Hoy to vice president of global product, effective immediately. In his new role, Hoy will be responsible for guiding Saucony’s global brand footwear and apparel strategies, including design, development, and product innovation.
Tonal Secures $45M Funding Round
Tonal, the fitness startup that uses intelligent technology, announced a $45 million Series C fundraising round led by the Growth Fund of L Catterton. Evolution Media, Shasta Ventures, Sapphire Ventures and Serena Williams via Serena Ventures also participated.
Rack Room Shoes Appoints CIO
Rack Room Shoes has appointed Brian Minnix as chief information officer.
Nike Inc. Creating Separation In Athletic Apparel
Nike Inc.’s athletic apparel offering is gaining mindshare among consumers in four categories—innovation, fashion, style and value—mostly at the expense of Under Armour, according to a recent survey from Canaccord Genuity Capital Markets.
Unleash the Adventure: Polaris Adventures Launches First Ever Multi-Faceted Marketing Campaign
MINNEAPOLIS (April 1, 2019) — With more than 90 Outfitters in 33 states, Polaris Adventures® has offered over 50,000 ride and drive experiences for customers across the U.S. since its start in 2017. Having seen impressive growth throughout the last year, Polaris Adventures is launching its first-ever multi-faceted national marketing campaign to share the ultimate […]