The North Face issued an apology for uploading photos of athletes wearing its gear to Wikipedia pages about famous locations—all in an attempt for the brand to place higher on Google search results.
Author: SGB Media
Plastic Pollution Is Coming From An Unlikely Suspect
Single-use plastic is the most obvious of offenders when we consider ocean plastic pollution. Yet the biggest offender of plastic pollution is something that might not be front of mind: our clothes. Over 35-percent of the projected 1.5 million metric tons of microplastics found in the oceans come from synthetic textiles1. What’s even more concerning […]
Aisle Talk Week Of May 27
Top headlines from the active lifestyle industry you may have missed this week, including The North Face issuing an apology for uploading photos of athletes wearing its gear to Wikipedia pages about famous locations—all in an attempt for the brand to place higher on Google search results.
American Consumers Expect To Bear Cost Of China Tariffs
A Monmouth University Poll finds that a majority of Americans expect they’ll bear the brunt of the latest round of tariffs on Chinese goods and they are not particularly hopeful that this policy will bring the manufacture of those goods back to U.S. soil.
Genesco’s Q1 Boosted By Journeys
Genesco Inc. said both sales and earnings exceeded expectations in the first quarter due to continued momentum at Journeys. The retailer now expects full-year earnings at the high-end of guidance.
Difficult Firearms Comp Hinders Sportsman’s Warehouse’s Q1
Sportsman’s Warehouse Holdings Inc. clearly benefited from competitors such as Dick’s Sporting Goods dropping out of the firearms business last year following the school shooting in Parkland, FL. But the ensuing boom also created—as expected—some difficult comps for the Midvale, UT-based retailer, which on Thursday reduced its outlook for the year after results in the first quarter ended May 4 missed analysts’ revenue and earnings estimates.
By The Numbers … OIA’s 2018 Annual Report
With just a few weeks to go before the signature B2B event of the outdoor world, the industry’s trade organization on Thursday released some important facts and figures that show how much revenue it’s generating and how that money is helping member organizations flourish amid an ongoing trade war and evolving economy.
Jenn Dice Promoted To Chief Operating Officer At PeopleForBikes
PeopleForBikes, the U.S. national bike advocacy, promotion and industry association, announced that Jenn Dice, vice president of the organization’s Business Network, has been promoted to chief operating officer, effective immediately.
Gap Misses Q1 Estimates
Gap Inc.’s first-quarter earnings and sales missed Wall Street’s expectations in what Art Peck, president and chief executive officer, described as an “extremely challenging” period.
U.S. Footwear Industry Unites in Opposition to China Tariffs
Five industry trade groups – American Apparel & Footwear Association (AAFA), Footwear Distributors and Retailers of America (FDRA), Outdoor Industry Association (OIA), Rubber and Plastic Footwear Manufacturers Association (RPFMA), and Sports and Fitness Industry Association (SFIA) – sent a letter to President Donald J. Trump on May 30 opposing the proposed use of punitive tariffs on footwear equipment, footwear inputs, and finished footwear imported to the U.S. from China
Moody’s Completes Periodic Review of Bass Pro’s Debt Ratings
Moody’s Investors Service said it completed a periodic review of the ratings of Bass Pro Group, L.L.C and essentially affirmed the company’s Ba3 corporate debt rating.
Grassroots Outdoor Alliance Members Report Sales Increase In April
Grassroots Outdoor Alliance top-line sales reports for member retailers show a 5.8 percent increase in April, extending a growth trend buoyed by increases in five out of the last six months. The group reports 3.6 percent overall growth since January 1 and a 2.5 percent increase nationally over the last 12 months.
Faction Skis, The Full Stack Supply Co. Relocate North American HQ To Denver
The Faction Collective and all brands owned and managed by The Full Stack Supply Co., including the new FW Apparel brand and Roxy Skis, announced they will move their North American headquarters to Denver, CO, from Breckenridge, CO.
Father’s Day Spending Expected To Reach All-Time High Of $16 Billion
Americans are expected to spend more than ever on gifts for Father’s Day this year, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics. Total spending for the holiday is estimated to reach $16 billion, up from last year’s $15.3 billion, and spending on sporting goods is expected to hit $822 million.
Yeti Opening Retail Location In Charleston, SC
Yeti Holdings Inc. on Thursday announced its anticipated Charleston, SC, retail location will open to the public on Friday, June 14. The new store will be situated in the historic district of downtown Charleston at 360 King Street.
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