Top headlines from the active lifestyle industry you may have missed this week, including Moody’e lowering its debt ratings on Academy Sports.
Author: SGB Media
Canada Goose Project Atigi
Canada Goose announced the launch of its new social entrepreneurship project for Canada’s North – Project Atigi. The project features the global release of a one-of-a-kind collection hand-made by expert seamstresses.
Wolverine Worldwide Makes Investment In Thrive Outside
Wolverine Worldwide is investing $300,000 in the Outdoor Foundation, the charitable arm of Outdoor Industry Association, to support the Thrive Outside Communities program, designed to help young people’s social, emotional and academic development through outdoor experiences.
Carhartt Opens 30th Company Store
Carhartt has opened the doors to its 30th company retail store, located within Towne Place at Garden State Park in Cherry Hill, NJ.
Columbia Sportswear Sues Seirus, Ventex For Patent Challenge Fraud
Columbia Sportswear North America, Inc. filed a $20,000,000 racketeering lawsuit against Seirus Innovative Accessories and Ventex Co. Tuesday, claiming the companies committed fraud and infringed on two of Columbia’s patents.
Alterra Mountain Company And The North Face Announce 5-Year Alliance
Alterra Mountain Company and The North Face have signed a 5-year retail, uniform and sponsorship agreement, making The North Face the official winter uniform outerwear partner of select Alterra Mountain Company destinations.
Snow Peak Strengthens Its North American Management With Three New Leaders
Snow Peak , the outdoor lifestyle company, announced it has welcomed three new members to its leadership team. Filling the roles of chief financial officer, chief operating officer and senior retail manager, Snow Peak USA is poised to make 2019 a year of major growth.
Brunswick Sees Fitness Sales Declining Again In 2019, Commits To Separation
Brunswick Corp. said its Fitness segment, which includes Life Fitness, saw continued sluggish results in the fourth quarter and is now expected to show a mid-single digit percent drop in sales in 2019. But Brunswick officials remain committed to spinning off or selling its fitness brands this year.
Deckers Brands Hikes Outlook On Robust Wholesale Growth
Deckers Brands Inc. sharply raised its earnings guidance for its fiscal year after reporting earnings in the third quarter December 31 easily topped guidance. The gains were led by a 12.5 percent climb in wholesale revenue. Ugg’s sales grew 3.6 percent while Hoka One One’s revenues jumped 79.2 percent.
Pocket Outdoor Media Acquires Bicycle Retailer From Emerald Expositions
Pocket Outdoor Media, best known for publishing VeloNews, has acquired Bicycle Retailer & Industry News from Emerald Expositions. As part of the transaction, Bicycle Retailer & Industry News will no longer be published by the National Bicycle Dealers Association.
Golf Rounds Played Declines 4.8 Percent For 2018
According to Golf Datatech, golf rounds played in the U.S dropped 7.7 percent in December year-over-year while ending up down 4.8 percent for the year.
Invista Completes Sale Of Apparel & Advanced Textiles Business
Invista has completed the previously announced sale of its Apparel & Advanced Textiles business to an affiliate of Shandong Ruyi Investment Holding.
NSSRA Elects New Officers And Directors
The National Ski & Snowboard Retailers Association (NSSRA), at its annual meeting at the Outdoor Retailer Snow Show, elected three Officers and four new members to serve on the board of directors.
Neiman Marcus’ Chief Merchandising Officer To Resign
Jim Gold, president and chief merchandising officer of Neiman Marcus Group, will resign from his position, effective March 15.
Denver To Host First-Ever UIAA Ice Climbing World Cup Finals
For the first time ever in North America, the world’s top men and women ice climbers will compete in the UIAA Ice Climbing World Cup Finals. From February 22-24, in downtown Denver’s Civic Center Park, onlookers can watch elite athletes compete for world titles in multiple categories.
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