Canada Goose Holdings Inc. announced that the Toronto Stock Exchange (TSX) has approved a normal course issuer bid (NCIB) providing for the purchase for cancellation of up to 5.94 million subordinate voting shares of Canada Goose.
Author: SGB Media
TJX’s Q2 Comps Climb 20 Percent
The TJX Companies, Inc. reported earnings and sales topped Wall Street’s expectations. Open-only comp-store sales increased 20 percent against the second quarter of 2019 with apparel ahead in the low-teens.
RYU Apparel Announces Canadian $12.5M Non-Brokered Private Placement
Vancouver-based RYU Apparel Inc. announced that it intends to complete a non-brokered private placement financing of up to 12,500 units at a price of $1,000 per unit for aggregate gross proceeds of up to Canadian $12.5 million.
361 Degrees’ Revenues Gain 16 Percent In First Half
361 Degrees reported net profit rose 32.9 percent in the first half to ¥401.4 million. Revenue increased by 15.7 percent year-on-year to ¥3,107.1 million.
Firearms Imports Continue Strong Gains In May
Imports of Handguns, Shotguns, Rifles and Other firearm categories continued to generate strong double-digit gains in May, according to ITC data compiled by the NSSF.
The North Face Forms Partnership With Spinnova
The North Face has reached an agreement with textile material company Spinnova to develop high-performance textiles with a sustainable component.
ITF Global Tennis Report 2021 Shows Worldwide Participation Gains
The International Tennis Federation’s (ITF) 2021 Global Tennis Report found healthy growth in tennis participation despite the impact of the pandemic. Key findings of the report indicate that there are more than 87 million players within the 41 nations that contributed to the report, an increase of 4.5 percent in these countries.
Trevco Acquires Women’s Apparel Brand Sub Urban Riot
Trevco announced its acquisition of Los Angeles-based women’s fashion brand, Sub Urban Riot.
July Retail Sales Slow Amid Tight Supply Chain
Retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending from goods to activities like going out to dinner and traveling despite the delta variant, the National Retail Federation said.
Sun & Ski Sports To Open Third Store In Washington D.C. Area
Sun & Ski Sports announced the opening of its 31st store at Arundel Mills Mall in Hanover, MD at the former site of Modell Sporting Goods.
Saucony Launches The New Triumph 19
Saucony announced it has launched its latest Triumph 19 with PwrRun+ cushioning. A new lightweight upper with enhanced breathability, combined with the brand’s proprietary FormFit technology, offer support with a sock-like fit. Design details and suede elements merge workout wear with casual wear. An ounce lighter than the previous model, the Triumph 19 promises faster […]
SFIA Hires New Marketing And Communications Manager
The Sports & Fitness Industry Association (SFIA) has appointed Lisa Futterman as its marketing and communications manager.
Reebok’s Journey With Adidas
Reebok’s sales peaked at $3.2 billion in 2004 and have shrunk to $1.4 billion in 2020. However, the brand was able to deliver growth for the majority of the 14 years under the ownership of Adidas and profitability ended being the main challenge toward the end. SGB Executive takes a look back at the brand’s ups and downs since being acquired by Adidas in 2016.
Nike Renames Alberto Salazar Building
Nike has renamed the Alberto Salazar Building on its Beaverton, OR campus to Next%.
Rouvy Secures $6 Million Investment
The Pale Fire Capital investment group reached an agreement to acquire a major stake in VirtualTraining, the Czech company behind the Rouvy indoor cycling and running software application.
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