Yue Yuen Industrial Ltd. reported sales slid 2.6 percent in February to $673.0 million from $691.0 million.
Author: SGB Media
Nike Partners With UEFA Women’s Football
Nike has reinforced its commitment to the growth of women’s football by agreeing a landmark partnership with UEFA. The three-year deal sees Nike become an official partner of UEFA Women’s Football and the match ball supplier for UEFA Women’s competitions.
Hammerhead Secures $4.1 million In Funding
Hammerhead, maker of the Karoo cycling computer, has closed a $4.1 million seed plus round, led by Primary Venture Partners and KB Partners. Also participating were Courtside Ventures, Maveron, Robin Thurston, the co-founder of MapMyFitness and previously Chief Digital Officer at Under Armour, and Andy Ording, the CEO of Zipp.
RV Industry Convenes As Market Continues To Accelerate
The $50 billion recreational vehicle market keeps finding new horizons to explore and the next leg of its journey begins this week when the industry gathers in Salt Lake City, UT, for a revitalized trade show that is aligned with the start of camping season. “RVX: The RV Experience” is the new event offered by the RV Industry Association, and it’s just one reflection of a changing marketplace.
Retail Sales Rebound In January
Retail sales rebounded in January, increasing 1.3 percent seasonally adjusted from December and 3.6 percent unadjusted year-over-year, the National Retail Federation said Monday.
Outdoor Retailer Adds Bike Category To Winter Market
Outdoor Retailer on Monday announced the introduction of bike at Outdoor Retailer Winter Market in 2019. The event kicks off the winter outdoor season and runs from November 5-7, 2019 at the Colorado Convention Center in Denver, CO.
Adidas Partners With Dick’s On Tango League Tournament
Adidas Soccer partnered with Dick’s Sporting Goods to further expand the Adidas Tango Qualifying soccer tournament to five new U.S. cities.
Sun & Ski Sports To Hold Demo Event In Colorado
Sun & Ski Sports will be holding Ride the Future event at its store in Dillon, CO to enable consumers to demo 2020 ski and snowboard products.
Wall Street: Nike’s Share Gains On Adidas Seen Accelerating
With quarterly results soon arriving from both firms, two reports from Stifel and Cowen arrived finding Nike’s growth accelerating largely at the expense of Adidas.
The Conservation Alliance Announces Leadership Change
John Sterling on Monday announced he is resigning as executive director of The Conservation Alliance, a position he has held since 2004. He will stay on board until the end of 2019 or until the Alliance finds a replacement.
REI Co-op Marks $100 Million Invested In Local Communities
REI Co-op will reach a major impact milestone this year—$100 million invested in stewardship of the outdoors. To celebrate, the co-op on Monday is launching Loving Our Local Outdoors and is inviting its members to help decide how $1 million in philanthropic giving will benefit their local communities.
Helen Of Troy To Explore Divesting Personal Care Business
Helen of Troy Ltd. on Monday announced it is in the process of exploring the divestiture of its personal care business, a subset of the company’s beauty segment, to focus more attention on such brands as Hydro Flask.
Adidas To Pay Equal Bonuses For Women’s Soccer World Cup Winners
Adidas said it plans to give the same bonus to any of its sponsored players on the Women’s World Cup-winning soccer team as their male counterparts. The announcement follows news that the U.S. women’s national soccer team is suing their federation with allegations of gender discrimination, where all 28 members of the squad were named as plaintiffs in federal court.
Accell Group Sees Growth Accelerate In 2018 Second Half
Accell Group N.V., the leading European bicycle company with brands such as Haibike, Koga, Batavus and Raleigh, announced that its ‘Lead Global. Win Local’ strategy is starting to pay off in its core markets (excluding North America). Growth in the second half of 2018 accelerated to 10.4 percent, bringing FY core turnover growth to 6.1 percent.
Old Town Discovery 119 Solo Sportsman
Johnson Outdoors Introduces for 2019 the Discovery 119 Solo Sportsman a hybrid canoe with fish and hunt-specific features.