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.
Author: SGB Media
The North Face To Sponsor Mountainfilm
Mountainfilm, the documentary film festival held every Memorial Day weekend in Telluride, CO, announced The North Face as its new presenting sponsor.
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.
Calgary Secures Exclusive Canadian Rights To Host X Games
Calgary has secured the exclusive Canadian rights to host X Games for a minimum three-year run. Past host cities include Aspen, Shanghai, Oslo and Sydney.
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.
Planet Fitness Sponsors New CBS Primetime Show, “Million Dollar Mile”
Planet Fitness Inc. announced its sponsorship of the new physical competition series, Million Dollar Mile, as The Official Workout Partner. Former NFL quarterback and Heisman Trophy winner Tim Tebow hosts with Matt “Money” Smith and ESPN reporter Maria Taylor acting as show commentators.
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.
CCM Hockey Hires CMO And CFO
CCM Hockey has hired Caroline Losson as its new chief marketing officer and Marrouane Nabih as its new CFO.
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.
Decathlon To Open Doors To First Full-Scale U.S. Store In California
Decathlon, a globally recognized sporting goods retail brand, announced Tuesday that its first U.S.-based major brick-and-mortar store will hold its grand opening at its new Bay Area location on April 12.
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.
HanesBrands Announces Board of Directors Leadership Succession Plan
HanesBrands on Tuesday announced that its board of directors has approved the appointment of Ronald L. Nelson as chairman of the board effective April 23, 2019, contingent upon his re-election to the board at the company’s annual shareholder meeting to be held that day.
Ross Stores To Open 100 New Locations In 2019
Ross Stores recently opened 22 Ross Dress for Less and six dd’s Discounts stores, part of the company’s plans to add approximately 100 new stores—75 Ross and 25 dd’s Discounts locations—during fiscal 2019.
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