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Aisle Talk Week Of January 7

January 11, 2019 SGB Executive

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

January 11, 2019 SGB Update

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

January 11, 2019 SGB Update

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

January 11, 2019 SGB Update

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

January 11, 2019 SGB Update

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

January 10, 2019 SGB Update

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

January 10, 2019 SGB Update

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

January 10, 2019 SGB Update

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

January 10, 2019 SGB Update

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

January 10, 2019 SGB Update

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

January 10, 2019 SGB Update

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.

Second Class Of American Hiking Society’s Nextgen Trail Leaders Announced

January 10, 2019 SGB Today

SILVER SPRING, MD — American Hiking Society is pleased to announce the second class of NextGen Trail Leaders, bringing together rising stars in the outdoor community from all walks of life and across the country. With American Hiking Society, NextGen Trail Leaders will champion diversity in the outdoors and fight to protect our public lands, […]