PVH Corp. announced leadership updates, including Chairman and CEO Manny Chirico signing a new five-year employment agreement and hiring Stefan Larsson as PVH President, a newly created role.
Author: SGB Media
OBIT: Outdoor PR Rep & Renowned Skier Sam Coffey
Sam Coffey, an independent public relations and marketing rep who once worked for outdoor industry agencies Backbone Media and Rygr, died Monday in Mexico, according to The Aspen Times, who confirmed the news from Coffey’s friend, Olympic ski racer Wiley Maple. Coffey was 29.
TJX’s Q1 Exceeds Plan, Outlook Lifted
The TJX Companies Inc. reported first-quarter earnings that beat expectations and raised its outlook.
Adidas Partners With Seattle University
Seattle University and Adidas have entered a seven-year partnership in which the Portland, OR-based company will become the official athletic footwear, apparel and accessory brand of the Redhawks, effective July 1.
Kohl’s Cuts Outlook After Quarterly Miss
Kohl’s reduced its annual outlook after reporting first-quarter results came in below analysts’ estimates. Michelle Gass, Kohl’s chief executive officer, said in a statement, “The year has started off slower than we’d like, with our first quarter sales coming in below our expectation.”
JCPenney Appoints Chief Customer Officer
J. C. Penney Company Inc. announced that Shawn Gensch has been named executive vice president, chief customer officer, Gensch joins JCPenney from Sprouts Farmers Market.
JC Penney’s Q1 Loss Steepens
JCPenney Company Inc. widened its loss in the first quarter to $154 million, or 48 cents per share, from a loss of $78 million, or 25 cents, last year. Comparable sales decreased 5.5 percent for the first quarter.
Quality Bicycle Products Partners With Briko USA
Briko USA announced a partnership with Quality Bicycle Products (QBP) that will see Briko road helmets distributed to North American bicycle retailers.
Spain To Exit Adidas Contract
The Spanish soccer federation said it is breaking its contract with Adidas and has opened negotiations with other apparel companies. Adidas has sponsored Spain since 1991.
Baseball Bat Sales Soar In 2018 After Key Rule Change
A baseball bat rule change that USA Baseball issued in 2015 and which organizations such as Little League International adopted in January of last year helped manufacturers’ sales of bats surge 18.9 percent in 2018, according to recent wholesale data compiled by the Sports & Fitness Industry Association. The SFIA 2019 Manufacturers’ Sales Report showed that the overall sports and fitness products industry grew 2.3 percent in 2018 to $92.3 billion.
REI Co-op To Open New Store In Utah In Fall 2019
REI Co-op will open a new store in Farmington, UT, this fall. The new 23,000-square-foot store will be located at the Station Park shopping center, just off Interstate 15 between Salt Lake City and Ogden.
Specialized Bicycle Announces U.S. Leadership Changes
Specialized Bicycle Components revealed several promotions at its U.S. team following news that Jeff McGuane, its general manager, had joined Fox Racing as CEO.
Nike, Adidas Among Footwear Companies Asking Trump To Rethink Tariffs
Footwear brands and retailers have joined together to write a collective letter to President Trump asking him to rethink his latest tariff increase and relax the escalating the trade war with China. The letter is another attempt by industry players to appeal to Trump’s concern for the American consumers and how these additional tariffs would result in higher-priced product.
North Country Alliance Enhances Ride The Wilds Trail System With New Signage
The Polaris Foundation Donates $100,000 To Improve Area Trails
North Country Alliance Enhances Ride The Wilds Trail System With New Signage
COLEBROOK, N.H. (May 20, 2019) — To improve all-terrain vehicle (ATV) trails and encourage responsible riding practices, six local organizations with a collective membership of nearly 2,000 members have set out to install new signage throughout the Ride the Wilds™ trail system. Supported by a $100,000 donation from the Polaris Foundation, one thousand new signs […]
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