Merrell has made a $25,000 pledge to the National Park Foundation, the official nonprofit partner of the National Park Service.
Author: SGB Media
VF Corp.’s Shares Pop On Blowout Q3
With another blockbuster performance for Vans and an acceleration of growth at The North Face, VF Corp scored its best quarter in two years in its third quarter ended December 31 and again raised its full-year guidance. Shares of VF rose $9.08, or 12.4 percent, to $82.34 Friday on the New York Stock Exchange.
Aisle Talk Week Of January 14
Top headlines from the active lifestyle industry you may have missed this week, including Foot Locker making a strategic investment in Pensole Footwear Design Academy.
VF Corp Lifts Full-Year Guidance On Vans Gains
VF Corporation raised its guidance for the year after reporting earnings in its third quarter ended December 29 came in well above Wall Street’s consensus estimates. Sales grew 8 percent led by a 25 percent hike in Vans and a 14 percent gain at The North Face.
Report: Payless Considering Financial Alternatives
Payless, which emerged from bankruptcy proceeding in 2017, has hired investment bank PJ Solomon to explore financial options, including a sale, according to Reuters.
Skechers Returns To Chevron Houston Marathon
Skechers Performance, a division of Skechers USA, Inc., returns to Houston, Texas on January 20, 2019, for its sixth year as the official footwear and apparel sponsor of the Chevron Houston Marathon and Aramco Houston Half Marathon.
Shopko Becomes Latest Casualty Of Online Disruption
Shopko, already weighed down by a heavy debt load due to a leveraged buyout, said competition against the national big box chains and consolidation in the pharmacy industry both played a role in its trip to bankruptcy court. But in an affidavit in Nebraska’s bankruptcy court, Russell Steinhorst, CEO, blamed the retailer’s eroding operating performance largely on the dramatic shifts across retailer in recent years to online selling.
Nautilus Provides Preliminary Q4 And 2018 Financial Results
Nautilus on Thursday released preliminary results for the fourth quarter of 2018 and fiscal year ended December 31. They will not be final until the conclusion of the company’s audit and the announcement of final results in late February.
Foot Locker Makes Strategic Investment In Pensole Footwear Design Academy
Foot Locker, Inc. announced that it has made a $2 million strategic investment in Pensole Inc., which operates the Pensole Footwear Design Academy. The investment by Foot Locker, Inc. deepens Foot Locker’s longstanding partnership with Pensole and extends the companies’ relationship across all aspects of the design process.
New England Patriots Choose Ironturf For Empower Field House
GeoSurfaces North East announced that five-time Super Bowl champion the New England Patriots will now practice on Ironturf, at Empower Field House. Ironturf is manufactured in the United States by GreenFields USA. The just-completed field is approximately 80,000 square feet and is lined for both football and soccer, as Major League Soccer’s New England Revolution, will also practice on the field.
ECAC Hockey Announces Partnership With SquadLocker
ECAC Hockey announced Wednesday that it has agreed to a partnership with leading gear and apparel company, SquadLocker. The deal extends through the end of the 2018-19 season.
Plug And Play Announces Partnership With PVH Corp.
Plug and Play announced today its strategic partnership with PVH Corp., one of the world’s largest apparel companies and owner of iconic brands, including Calvin Klein, Tommy Hilfiger, Van Heusen, Speedo, Warner’s and Izod. The partnership will help PVH continue to drive ongoing strategic growth initiatives related to supply chain, technology, digital capabilities and consumer-centricity.
Vuori Names Sarah Carlson Vice President Of Women’s Product Design
Activewear brand Vuori Clothing on Thursday announced the appointment of Sarah Carlson as its vice president of women’s product design. The role, created for Carlson, is effective immediately and puts her in charge for all design aspects of Vuori’s growing women’s category.
Hemisphere Design Works Names Jim Fox New CEO
Hemisphere Design Works, the world’s largest maker of kayaks, announces the hiring of Jim Fox as its new Chief Executive Officer. Fox’s predecessor, Chuck Smith, stepped down from his position following a mutual agreement. Fox will now oversee the company’s continued evolution in a rapidly growing market
Jay Getzel Leaves Mountainsmith To Join Nite Ize
Mountainsmith President Jay Getzel has left the company to join Nite Ize Inc. as director of its outdoor/pet/toy division. Getzel, who brings more than 19 years of outdoor industry experience, will oversee current vertical retail channels and develop new relationships in support of Nite Ize’s expansion into the travel category.
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