Mizuno Corp reported operating profits dropped 15.1 percent in the nine months ended December 31 as sales declined 4.9 percent. Operating profits in the third quarter were down 25.0 percent.
Author: SGB Media
Mammut North America Turns The Page
Mammut North America in recent weeks named Kris Kuster as its managing director and opened a new office in Denver—strategic moves that should help the brand regain its footing after a shaky period. Kuster (left) and Chief Creative Officer Adrian Margelist spoke with SGB about what these changes mean and where Mammut goes from here.
Vail Resorts Announces Director Roland Hernandez To Resign From Board
Vail Resorts Inc. on Tuesday announced that Roland Hernandez, member of the Vail Resorts’ board of directors, will not stand for re-election to the board at the end of his current term, which ends on the date of the company’s 2019 annual meeting of stockholders.
MGM Resorts International, Major League Soccer Announce Gaming Partnership
MGM Resorts International and Major League Soccer (MLS) on Tuesday announced a multi-year strategic partnership that establishes MGM Resorts as the league’s first official gaming partner and Roar Digital (Roar), the joint venture between MGM and GVC, as the exclusive Official Sports Betting Partner of MLS.
Stio’s New Park City Mountain Studio Retail Store Now Open
Stio, the mountain lifestyle brand based in Jackson Hole, WY, announced that its newest Mountain Studio retail store in Park City, UT, is now open.
Shopko To Close Remaining Locations
Shopko, which has been in bankruptcy proceedings since January, plans to close its remaining 120 stores by mid-June.
AAFA Appoints New Chairman
AAFA appointed Gary Simmons, director, Intradeco Apparel Inc., as its new chairman, replacing Thomas Glaser of VF Corp.
Hydro Flask Partners With Independent Musicians On Campaign
Hydro Flask has partnered with independent musicians Dave Depper of Death Cab for Cutie, and folk singer-songwriter Laura Gibson to release the original single, “Let’s Go!” Hydro Flask will donate $1 for every song stream, up to $10,000, to support the National Park Foundation’s efforts to protect and preserve our National Parks.
Superfeet Creates Wellness Panel
Superfeet announced the debut of the Superfeet Wellness Panel, a new resource that provides advice, tips and support to help consumers with recovery efforts and their fitness goals overall. The free service is now available for everyone at www.Superfeet.com/Wellness.
Puma To Sponsor La Liga
Puma has reached a deal to replace Nike as the sponsor of’ La Liga, the Spanish soccer league body, according to reports. Nike had sponsored La Liga for 23 years.
Nester Hosiery Appoints Matt Brucker As VP of Sales
Nester Hosiery, a leading US manufacturer of performance merino wool socks, hired Matt Brucker as Vice President of Sales effective immediately.
DSW Changes Name To Designer Brands, Sets 3-Year Growth Plan
DSW Inc. presented the company’s three-year strategic priorities designed to leverage its business model to unlock value and deliver 2021 adjusted earnings per share in the range of $2.65 to $2.75. The company also unveiled its new corporate name – Designer Brands Inc. – which supports its new vision for the future following its acquisition of Camuto Group.
Grassroots Outdoor Alliance To Phase Out Paper Workbooks
Grassroots Outdoor Alliance, with the help of The North Face, is taking a step toward a paper-free future by encouraging and subsidizing a membership shift away from use of the paper “workbook,” the ubiquitous outdoor industry sales tool.
DSW Shows Loss In Q4
DSW Inc. reported a loss on an adjusted basis of $5.4 million, or 7 cents a share, against adjusted earnings of $30.8 million, or 38 cents, a year ago. Results came in short of Wall Street’s average target of earnings of 3 cents.
OBIT: Darrell Lowrance
Darrell J. Lowrance, founder of Lowrance Electronics Inc., died Saturday at the age of 80. Lowrance brought early technology to recreational fishing with the invention of the first portable sonar “fish finder”—the Fish-Lo-K-Tor—for the average angler.
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