Fabletics announced plans to introduce resale through ThredUp’s Resale-as-a-Service (RaaS) platform.
Author: SGB Media
Columbia Sportswear Releases 2020 Corporate Responsibility Report
Columbia Sportswear Company released its 2020 Corporate Responsibility Report, which includes performance highlights and progress made throughout 2020 in the three main areas of focus in its corporate responsibility strategy – empowering people, sustaining places and responsible practices.
Puma’s Strong Q2 Led By North America
Puma reported a profit against a loss in the second quarter. Sales grew 96 percent in the second quarter with the best performances coming in footwear and in North America. The Germany-based company raised its guidance for the year although it warned about supply chain challenges.
Vista Outdoor’s Q1 Sales Climb 38 Percent
Vista Outdoor reported earnings increased more than three-fold in its first fiscal quarter ended June 27 as sales increased 38 percent.
Wolverine Worldwide Scores Record Quarterly Revenues For Merrell And Saucony
Wolverine Worldwide raised its full-year guidance after second-quarter results easily topped Wall Street targets. All-time record quarterly revenue for Merrell and Saucony drove consolidated revenue growth of 81 percent compared to 2020 and 11 percent versus 2019.
Colorado Snowsports Hall Of Fame Announces Class Of 2021
The Colorado Snowsports Museum Hall of Fame announced the class of 2021, a group of “industry pioneers, inspirational individuals and world-class athletes” who will be formally inducted in its Hall of Fame. The award ceremony will take place on August 22 at the Gerald R. Ford Amphitheater in Vail, CO, hosted by two-time World Champion […]
Kokatat Announces New Ownership
After 50 years under the direction and ownership of its founder, Steve O’Meara, Kokatat has been purchased by the company’s Director of Operations Mark Loughmiller.
Velocity Cycling App Expands Thought Leadership Team
Vision Quest Velocity LLC, the cycling app, has added Dr. Allen Lim, Dr. Kevin Sprouse, Robby Ketchell and Dr. Phil Skiba to its thought-leadership team.
Moncler’s First Half Sales Surge 58 Percent
Moncler S.p.A reported consolidated revenue reached €621.8 million in the first half, up 58 percent from €403.3 million a year ago.
Bass Pro’s Debt Ratings Upgraded On Improving Performance In First Half
S&P Global Ratings upgraded its issuer credit rating on Great Outdoors, the corporate name of Bass Pro Group, to ‘BB-‘ from ‘B+’ as the retailer’s performance “has been resilient with sales and EBITDA growth continuing through the second quarter this year, ahead of our expectations.”
Decathlon’s Debt Ratings Affirmed On Strong 2020 Operating Performance
S&P Global Ratings affirmed its ‘A-2’ short-term issuer credit rating on Decathlon SA as the France-based sporting goods retailer’s operating performance for 2020 was stronger than S&P expected, thanks to strong cost management and cash preservation measures.
American Council On Exercise Adds Board Members
The American Council on Exercise (ACE) has added Jay Blahnik, a recognized fitness expert and Apple’s senior director of fitness technologies, and Tuoyo Louis, MPH, MBA, co-founder and managing partner of Seae Ventures, to its board.
Golf Datatech Finds Golf Equipment And Sales On Upswing
Golf Datatech’s Mid-Year U.S. Golf Retail Performance & Rounds Played Report found that golf equipment sales (balls, clubs, shoes, bags, gloves, distance devices) were up 78 percent in the first six months through June compared to 2020 and 41 percent versus 2019. Golf apparel is up 68 percent versus 2020 and 10 percent versus 2019.
Athleta Launches Women’s Wellness Platform
Athleta announced the debut of AthletaWell, a digital platform offering workout content and safe spaces to discuss topics from mental health to body positivity.
Headspace Appoints Chief Technology Officer
Headspace announced that Krithika Swaminathan will join the company as chief technology officer.
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