Under Armour Inc. reported better-than-expected fourth-quarter earnings and revenue, boosted by apparel sales and growth overseas. North America revenue decreased 6 percent but losses in the region were significantly reduced. The company maintained its outlook for 2019.
Author: SGB Media
Wolverine Sets New Stock Buyback Program, Raises Dividend
Wolverine World Wide announced a number of actions that reflect its continuing commitment to enhance shareholder value. These include a new share repurchase program, a substantial increase in the company’s quarterly dividend, and further details on the recent amendment to its credit agreement and improved capital structure.
Retail Roundup … 7 Reports For February 2019
Retail studies arrived over the last two weeks around the state of influencer marketing, the link between inventory efficiencies and markdowns, turning one-and-dones into recurring customers, brands’ opportunities to “mend A divided nation,” and more…
Oppenheimer Sees Nike’s Shares Cracking $100
Oppenheimer in a note raised its price target on Nike to $100 from $90 due to greater confidence in the company’s ability to continue to improve margins.
LifeSaver Announces Exclusive Research Partnership With National Graphene Institute
LifeSaver, a UK-based manufacturer of portable and reusable water filtration systems, is thrilled to announce an exclusive contract with the National Graphene Institute (NGI) at The University of Manchester.
Garneau Appoints New Sales Director
Louis Garneau USA has announced the appointment of Jerry Newray as sales director for its U.S. operations, effective February 11.
Paddlesports Retailer Opens Registration For 2019 Show
Paddlesports Retailer, the official national trade show of the paddlesports industry, has opened registration for the 2019 show, welcoming exhibitors, retailers, working media, independent reps and nonprofits. The show will take place from August 26 through August 29, 2019, at Oklahoma City’s Riversport Rapids and Cox Convention Center.
CRKT Appoints Industry Veteran Jeff Lunz As New CFO
Columbia River Knife and Tool has appointed Jeff Lunz as the company’s new CFO. A seasoned professional, Lunz worked with Gerber Legendary Blades for the past 14 years in accounting, planning, inventory and various director roles before ascending to VP of finance.
FlexIt Announces Partnership With NormaTec
FlexIt, the pay as you go gym app that enables users to work out where and when they want, on Monday announced a partnership with NormaTec, a company that specializes in compression recovery technology for athletes, to promote education and access to post-workout recovery.
Vail Resorts Announces Sale Of Future River Run Base Area Development Site
Vail Resorts announced today that the sale of a parcel of land at the base of the River Run Gondola in Keystone to Colorado-based One River Run Acquisition, LLC (ORRA) has closed.
Hydro Flask Expands Global Presence With Distribution In Korea
Hydro Flask, maker of insulated stainless steel flasks and soft good innovations and a Helen of Troy Ltd. company, announced it will expand its growing global presence within the Asia-Pacific market this winter.
USA BMX Foundation And Mongoose Partner On Youth Educational Programs
USA BMX, the world’s largest BMX racing organization, has partnered with Mongoose to bring their educational programming into schools across the country. Each one of these programs focuses on STEM education through hands-on, project-based learning concepts.
Running Industry Standouts Honored At 2019 Running USA Industry Conference
BolderBOULDER’s Cliff Bosley and Boilermaker’s Jim Stasaitis were inducted to Hall of Champions and Amy Frostick honored with Women’s Leadership Award at Running USA’s Industry Conference held in Puerto Rico.
Performance Bicycle To Shutter Stores By Early March
Performance Bicycle will close all 60 of the remaining stores by March 2, according to Bicycle Retailer.
Mizuno Appoints SwimOutlet.com U.S. Swim Retail Partner
SwimOutlet.com, the web’s biggest swim shop, has become the first swim retail partner for Mizuno in the U.S.
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