Canadian performance apparel brand, Duer, announced plans to open a second U.S. retail location in the Fairfax District of Los Angeles, CA at 170 South La Brea Avenue.
Author: SGB Media
Recall: Huish Outdoors Snorkels
Salt Lake City, UT-based Huish Outdoors is recalling Oceanic Adult Dry Top Snorkels sold exclusively at Costco, citing the risk for drowning, according to a statement from the U.S. Consumer Product Safety Commission.
Fanatics Opens NHL Store In Manhattan
The National Hockey League (NHL) and Fanatics announced the opening of its 9,000-square-foot NHL Shop flagship store in New York City. The store was relocated from Midtown to Manhattan West, the site of the league’s new corporate headquarters. Lids will operate the location.
WFSGI Welcomes New Board Members
The World Federation of the Sporting Goods Industry (WFSGI) elected three new board members.
Sergio Tacchini Europe Enters Footwear License Agreement With Sugi International
Sergio Tacchini Europe, Ltd. and Sugi International Limited announced that they have entered into a long-term footwear license agreement beginning with the Fall/Winter 2022 season.
Canyon Bicycles CEO To Step Down
Canyon Bicycles reported that its CEO, Armin Landgraf, will step down at the end of the month for personal reasons, and the company’s CFO, Winfried Rapp, will assume the role on an interim basis.
Nike’s Q1 Revenues Fall Short Of Wall Street’s Targets
Nike Inc. reported net earnings rose 23.5 percent in the fiscal first quarter ended August 31 as sales grew 15.6 percent. Earnings came in slightly above Wall Street’s consensus targets while revenues were slightly below.
Vail Resorts Sees 29 Percent Gain In Earnings In Fiscal Year
Vail Resorts Inc. reported earnings rose 29.4 percent in its fiscal year ended July 31 with both periods impacted by COVID-19. Vail said results continued to improve as the 2020/21 North American ski season progressed, primarily as a result of stronger destination visitation at its Colorado and Utah resorts.
Ntwrk Secures $50 Million In Funding
Livestream shopping platform Ntwrk raised $50 million led by the Growth Equity business within Goldman Sachs Asset Management, and luxury group Kering, including participation from LionTree Partners and Tenere Capital.
Lululemon To Outfit Canadian Olympic Team
The Canadian Olympic Committee (COC) and Canadian Paralympic Committee (CPC) announced that Lululemon is the new Official Outfitter of Team Canada. Lululemon replaces Hudson’s Bay Company.
Bajío Sunglasses Launches Rx Program With Proprietary Light Blocking Technology
Bajío, the manufacturer of performance fishing and lifestyle sunglasses, announced the launch of its Rx sunglass program, marking the brand’s first step into the prescription eyewear market since launching in April 2021. This program provides prescription services for all its 12 frame styles through Bajío’s in-house Rx team and partner Rx dealers. Bajío’s line of […]
TrainerRoad Announces New Hires; Opens New Office
Cycling training platform TrainerRoad announced the hiring of Madelein Van Zyl as its new chief financial officer, Stephanie Simons as vice president of engineering and the opening of an international office in Stellenbosch, South Africa.
Eastpak Re-Enters North American Market
Eastpak, which is owned by VF Corp, announced its relaunch into North America. This comes after several years strategically focused on European and APAC regions.
G-III Apparel To Acquire Sonia Rykiel
G-III Apparel Group Ltd. announced an agreement to purchase European luxury fashion brand Sonia Rykiel.
Backcountry To Open First East Coast Store
Backcountry.com has signed an 11,600-square-foot lease to become the anchor tenant at Collection 14, a $130 million, mixed-use redevelopment of the former Martha’s Table headquarters in Washington, D.C.
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