Safilo’s Losses Narrow In 2018

Safilo Group S.p.A., the parent of the Smith eyewear brand, reported an improved loss on an adjusted basis in 2018 due to cost savings. Sales were down 4.0 percent on a currency-neutral basis.

RECALL: Igloo Marine Elite Coolers

Igloo is voluntarily recalling some of its Marine Elite coolers. The company said it’s possible that the stainless-steel latch could, inadvertently close where a person could potentially become locked inside.

CorePower Yoga To Be Sold To TSG Consumer Partners

L Catterton, the consumer-focused private equity firm, announced that it has entered into a definitive agreement to sell CorePower Yoga, the fastest growing and largest yoga fitness studio operator in the U.S., to TSG Consumer Partners.

Thru-Hike Syndicate Kicks Off Sixth Season

Vasque announced its roster of ambassadors for the Thru-Hike Syndicate’s 2019 season. The Thru-Hike Syndicate is supported by Vasque, Osprey Packs, NEMO Equipment, Leki Trekking Poles and Darn Tough Vermont.

Adidas Sees Supply Chain Constraints Slowing Growth In First Half

Adidas said it expects supply-chain bottlenecks in North America to slow its growth to between 3 percent and 4 percent in the first half of 2019 before accelerating in the second half. The company still expects growth between 5 percent and 8 percent on a currency-neutral basis overall in 2019, including high-single-digit growth in North America.

Skechers Pier to Pier Friendship Walk Celebrates 10 Years

The Skechers Foundation distributed checks for its largest-ever donations to children with special needs and education after a record-setting year at its 10th annual Skechers Pier to Pier Friendship Walk, sponsored by Nickelodeon and NBC4 Southern California.

Conversation With Callaway Golf CEO Chip Brewer

Chip Brewer, President and CEO, Callaway Golf Co., spoke with SGB Media recently about the still-developing plans to grow the company’s newest asset—outdoor apparel brand Jack Wolfskin—as well as his expectations for the golf industry in 2019.

Industry Reaction To President’s Signing Of Public Lands Bill

President Donald Trump on Tuesday signed a wide-ranging public lands bill that creates five new national monuments and expands several national parks. SGB Media is compiling reactions from business leaders and other industry stakeholders in the fight to protect public lands.