Nike reached an agreement on a new seven-year contract Brigham Young University (BYU). BYU was one of the first universities in the country to join the Nike family by wearing its footwear back in the late 1970s.
Author: SGB Media
Stage Stores Posts Q4 Loss, Commits To Off-Price Shift
Stage Stores Inc. reported a loss of $7.8 million in the fourth quarter as same-store sales slid 2.9 percent. The department store operator also said it is committed to shifting its focus to expanding the Gordmans off-price concept.
Blaser Announces Promotion, Hiring
The Blaser Group has promoted Christian Socher to head of sales and CEO of Blaser GmbH. After almost seven years as CEO of Blaser USA, Socher is returning to Germany to lead the global sales efforts of Blaser GmbH. Industry veteran Jason Evans has been hired as the new CEO of Blaser USA.
PGA Tour Chooses Technogym To Outfit New Mobile Fitness Centers
Technogym, a producer of design and technology-driven fitness smart connected equipment, participated in the PGA Tour’s unveiling of a new state-of-the-art mobile fitness center featuring Technogym smart connected equipment, during a presentation by PGA Tour Commissioner Jay Monahan at The Honda Classic at PGA National Resort & Spa.
Edelrid North America Appoints New Sales Leadership In The Rockies
Edelrid has appointed Vertical World Sales as its new sales leadership responsible for serving the Rockies Territory, covering Colorado, Utah, Wyoming, and New Mexico.
American Outdoor Brands To Merge Electro-Optics Into Outdoor Products & Accessories Segment
American Outdoor Brands, the parent of Smith & Wesson, reported earnings in the third quarter ended January 31 before charges exceeded guidance as sales grew 2.9 percent year-over-year. But an impairment charge was taken to merge its Electro-Optics division with its Outdoor Products & Accessories division.
Camping World Posts Loss On Impairment Charge, Gander Costs
Camping World Holdings Inc. on Thursday posted a net loss for the fourth quarter of $71.5 million due, in part, to a $40 million goodwill impairment charge and $2.4 million in Gander Outdoors pre-opening costs. Earnings per share of (83) cents missed Wall Street’s target by 95 cents.
Mike Ashley May Drop Sports Direct Roles To Run Debenhams
Sports Direct International PLC said it has requisitioned a general meeting of Debenhams PLC to remove most of the department store chain’s directors and install Sports Direct’s founder and CEO, Mike Ashley, to lead the company. If appointed, Ashley will step down from his current roles as a director and CEO of Sports Direct.
Duluth Holdings Enters Houston Metro Area With Two New Stores
Duluth Holdings Inc. (dba, Duluth Trading Company) on Thursday announced the grand openings of its 47th store, in Friendswood, TX, located at 18730 Gulf Freeway on March 7, and its 48th store, in Katy, TX, located at 24731 Katy Freeway on March 8.
Diana Seung Steps Into Camber Outdoors Role At Critical Juncture
Diana Seung, who was appointed interim executive director of Camber Outdoors after Deanne Buck resigned last month, spoke with SGB about her role in helping the organization heal internally and mend relationships with the outdoor community following Camber’s recent PR crisis.
Edelrid North America Announces New Vice President
Edelrid, the manufacturer of technical climbing gear, announced the promotion of Blair Williams to vice president of their North American operations, effective immediately.
Patagonia, L.L. Bean Near Top Of Reputation Rankings
Patagonia ranked third and L.L. Bean fourth in this year’s Axios Harris Top-100 Poll’s survey ranking the public’s perception of the 100 most visible U.S. companies. Nike, Adidas, Under Armour and Dick’s Sporting Goods also landed on the list.
The Buckle Sees February Comps Decline
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended March 2, 2019 decreased 6.8 percent.
Smith Welcomes Connor And Parker Coffin To Global Surf Team
Smith has added Conner and Parker Coffin to its team of surf athletes.
Fleet Feet Pittsburgh Signs On As Title Partner Of The Liberty Mile
Pittsburgh Three Rivers Marathon, Inc. (P3R) announced that Fleet Feet Pittsburgh is the new title partner of the Liberty Mile, Pittsburgh’s only nighttime downtown road race.
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