Adidas and the Brooklyn Nets announced they had formed a multi-year partnership central to connecting with kids through basketball.
Author: SGB Media
Allbirds Q3 Revenues Jump 33 Percent
Allbirds, Inc., in its first quarterly report since going public, widened its loss in the quarter ended September 30 as sales rose 33 percent. Results were slightly above forecasts.
Skechers Creates ‘Our Planet Matters’ Sustainable Collection; Partners With The Nature Conservancy
Skechers announced it has created Our Planet Matters collection of sustainable men’s women’s and kids products using recycled materials. It also announced a partnership with The Nature Conservancy that includes a multi-year commitment, contributing a minimum of $800,000 to help the organization.
Adventure Cycling Association Appoints Executive Director
Jennifer O’Dell has been named Executive Director of Adventure Cycling Association as the organization prepares to invest in a new initiative for 2022.
Adobe: Cyber Monday Online Sales Drop 1.4 Percent
According to data released by Adobe Analytics, consumers spent a total of $10.7 billion on Cyber Monday, which is down 1.4 percent year-over-year; this marks the first time Cyber Monday has shown a decline in sales since Adobe began tracking the figure in 2012.
Yeti Opens First Houston Store
Yeti opened its first Houston store and its ninth standalone store overall.
Industrial Revolution Taps Perpetual Motion Northwest To Expand Sales Team
Industrial Revolution, the Seattle manufacturer and distributor of outdoor accessories, announced a partnership with Perpetual Motion Northwest to expand its sales team in the Pacific Northwest. The rep group will cover Industrial Revolution brands in Washington, Oregon, Idaho, Montana, and Alaska.
Erem Appoints Vice President Of Marketing
Erem announced it had hired Jax Mariash Mustafa as vice president of marketing.
Courtney Dauwalter Joins A Leki Roster Of International Trail Runners
Leki, the manufacturer of skiing, trekking and trail running poles, announced it had signed American ultramarathon runner Courtney Dauwalter. “Courtney’s incredible talent, passion and outgoing personality transcend the sport of trail running,” said Sven Brunso, Leki marketing director. “Her accomplishments have put her on the global stage alongside the best of the best, and we […]
Beachbody Expands Board
The Beachbody Company, Inc. announced the appointment of Kristin Frank, CEO of AdPredictive, to its Board of Directors, effective November 24, 2021.
Nike Delivers Tribute To Virgil Abloh
Nike delivered an official statement honoring the memory of Virgil Abloh, the acclaimed fashion designer who passed away at the age of 41 Sunday from a rare form of cancer.
Lululemon Countersues Peloton Over Apparel Patents
Lululemon on Monday filed a lawsuit against Peloton over “copycat products” in Peloton’s new apparel line. The lawsuit, filed in Los Angeles federal court, arrived five days after Peloton sued Lululemon in Manhattan federal court, seeking a declaration that Lululemon’s claims had no merit.
Boardriders Appoints COO
Boardriders Inc. said it appointed Deborah Palmer Keiser as global chief operating officer. Keiser will oversee Boardriders’ end-to-end global planning and sourcing, and logistics and distribution.
Helen of Troy Agrees To Acquire Osprey Packs
Helen of Troy Limited announced that one of its subsidiaries has entered into a definitive agreement to acquire Osprey Packs, Inc. for $414 million in cash.
‘Container Dwell Fee’ At West Coast Ports Remains On Hold Until December 6
The Port of Los Angeles and the Port of Long Beach announced a further postponement of the “Container Dwell Fee.” After meetings today with U.S. Port Envoy John Porcari, ocean liner companies and marine terminal operators, the two ports said the fee would not be considered before December 6.
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