Precor, the maker of fitness equipment owned by Amer Sports, and Spivi Inc, a leader in digital interactive displays and performance tracking, have partnered to provide an workout experience integrated with the Spinner line of commercial indoor cycling bikes.
Author: SGB Media
Lands’ End Names Chieh Tsai Chief Product Officer
Lands’ End Inc. appointed Chieh Tsai, the company’s current senior vice president of design, to the newly-created position of chief product officer as its next step in continuing to refine the company’s signature look and feel.
Varsity University And NFHS Partner On Sport Safety Certification For High School Coaches
Varsity Brands announced that Varsity University, which offers educational programming to schools and athletic programs nationwide, has partnered with the National Federation of State High School Associations (NFHS) to launch the Varsity University/NFHS Coaches Education Program.
Boot Barn Sees Q3 Exceeding Guidance
Boot Barn Holdings Inc. announced preliminary results for the third quarter of fiscal year 2019 ended December 29 that showed both earnings and sales came in well above projections.
Aisle Talk Week Of January 7
Top headlines from the active lifestyle industry you may have missed this week, including Portland, OR-based outdoor apparel firm Poler filing a Chapter 7 bankruptcy to liquidate.
Premier Lacrosse League Partners With Baltimore-Based STX
The Premier Lacrosse League in Los Angeles announced that it has partnered with Baltimore-based STX to be an equipment supplier for the PLL’s inaugural season.
Vail Resorts Seeing Healthy Growth Early In Ski Season
Season-to-date total lift ticket revenue at the company’s North American mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 12.2 percent compared to the prior year season-to-date period.
Lacrosse Unlimited Re-Opens Store In Connecticut
Lacrosse Unlimited announce the re-opening of its store in Avon, CT, bringing the companies fleet to a total of 41 stores in 12 states.
Sears Chairman Ups Bid For Sears
Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, The offer comes one day after Lampert’s initial $4.4 billion bid was rejected by the company as being financially inadequate.
Target Sees 5.7 Percent Holiday Comp Gain
Target Corp. reported comparable sales grew 5.7 percent in the November/December period. Given last year’s increase of 3.4 percent over that same period, comparable sales have grown more than 9 percent over the last two years.
PVH To Take Calvin Klein Restructuring Charge
PVH Corp. announced that it plans to to incur pre-tax costs of approximately $120 million over the next 12 months in connection with a Calvin Klein restructuring.
DSW Inc. Announces New Brand Presidents To Support Recent Acquisitions
DSW Inc. announced the creation of several new executive positions. The changes will create clear brand leadership following the 2018 acquisition of its Canadian business, formerly known as Town Shoes Limited (TSL), and Camuto Group.
U.S. Recreational Boating Industry Grows For Seventh Straight Year
The National Marine Manufacturers Association (NMMA), representing the nation’s recreational boat, engine and marine accessory manufacturers, on Thursday announced that retail unit sales of new powerboats were up an estimated 4 percent in 2018 to approximately 280,000 units, the highest total since 2007.
G-III Apparel Announces Share Repurchase
G-III Apparel Group Ltd. on Thursday announced that the company has repurchased approximately 723,000 shares at an average price of $28.09 per share under its existing authorized share repurchase program.
PGA Tour Superstore Announces Retail Expansion
Golf retailer PGA Tour Superstore on Thursday announced it will open at least six new stores in 2019 as it accelerates its growth strategy to expand its brick-and-mortar presence by more than 50 percent over the next three years.
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