The U.S. Consumer Product Safety Commission (CPSC) is warning consumers to immediately stop using Cyclingsell Zacro adult bike helmets because they can fail to protect a cyclist’s head in the event of a crash. The seller, cyclingsell.com, of China, has not agreed to recall the helmets or to offer a remedy to buyers.
Author: SGB Media
Netflix Co-Founder Acquires Majority Stake in Powder Mountain
Reed Hastings is now the majority owner of Powder Mountain following a $100 million investment that signals a new era for the mountain resort known for its “daily lift ticket caps and uncrowded visitor experience.”
Thélios Acquires Vuarnet from NEO Investment Partners
Thélios said it aims to restore the brand’s former glory, empowering Vuarnet to elevate its product quality and push the boundaries of innovation. Vuarnet’s mineral lens expertise will reportedly benefit Thélios to expand its know-how in this area.
Undefeated Opens First New York City Store
Undefeated, the Los Angeles-based sneaker and streetwear boutique, opened its first store in New York City in the Nolita section of downtown Manhattan.
Kane Footwear Expands Officially-Licensed College Collection
Kane Footwear reported expanding its officially licensed college collection with 11 new schools. It partnered with five NCAA athletes to promote the Revive shoe drop, including Ohio State wide receiver Marvin Harrison, Jr., Clemson linebacker Barrett Carter and Alabama linebacker Dallas Turner. Last year, Kane launched its collegiate collection with five schools featuring elite athletic […]
Rally House Sets Plans to Open Three Stores This Fall
Rally House reported it will open three stores this fall in Deptford, NJ; Evansville, IN; and Altoona, IA.
Sally Jewell Named Board Chair at Symetra Financial Corp.
The former CEO of REI and Secretary of the Interior was designated as the chair of the company’s Board of Directors, effective August 24, 2023. Jewell joined Symetra’s board in March 2018.
G-III Apparel Ups Full-Year Guidance After Q2 Beat on Sales and Profits
Net sales for the second quarter increased 9 percent to $659.8 million and net income was $16.4 million, or 35 cents per diluted share, compared to $36.3 million, or 74 cents per diluted share, in the prior-year quarter.
Parent of DSW, Topo, Keds and Le Tigre Footwear Brands Reiterates Outlook
Designer Brands, Inc. reported that second quarter results topped Wall Street estimates with sequential improvement in sales and gross margin over the 2023 first quarter and also reiterated the outlook for the year.
HBI and G-III Apparel Partner on Champion and C9 Outerwear
The companies entered into a strategic multi-year licensing agreement for the design, production and distribution of outerwear for the Champion and C9 Champion brands in North America, including exploring opportunities across Champion’s global network as a key partner.
Ignik Amps Up Battery Powered Heat with New Products
Topside and Flipside offer portable warmth for sleeping outdoors.
Nike Tops Gen-Z’s Rankings for Most Authentic Brand
Nike was ranked the “Most Authentic” brand in the active lifestyle and fashion space among Gen Z consumers in North America and Western Europe, according to YPulse, based on its latest demographic survey.
Vasque Steps into New Direction with Re:connect Collection
Vasque Footwear launched its Re:connect collection, complementing its core hiking line, featuring lightweight, sustainable materials. “We’ve been making high-quality hiking footwear for almost 60 years. We are experts in fit and finish, and the opportunity to take our expertise in traditional hiking product and apply that to a new category was an exciting challenge for […]
Chaco Introduces New Silhouettes For Fall 2023
For Fall 2023, Chaco Footwear is introducing two new silhouettes—The Paonia Chelsea Fluff and the Fields Lace boot. “Fall marks new beginnings, goals, a new season, and a fresh start,” said Lindsey Lindemulder, senior director of marketing at Chaco. “For years, our Fields Chelsea and Paonia styles have been favorites among the Chaco Nation. This […]
Sportsman’s Warehouse Swings to Second Quarter Loss as Comps Fall
The 11.8 percent net sales decrease was said to be primarily due to lower demand across all product categories and a decline in store traffic resulting from the continued impact of consumer inflationary pressures on discretionary spending, partially offset by the opening of 14 new stores.
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