Sportsman’s Warehouse will returns to Coon Rapids in Minnesota with a grand opening celebration August 2-4, 2018 at the company’s new location in the Riverdale Commons Shopping Center located at 3420 124th Ave. NW in Coon Rapids.
Author: SGB Media
Puma Inks WNBA Deal
The Women’s National Basketball Association (WNBA) signed a league-wide footwear deal with Puma. The deal represents Puma’s first with a professional sports league.
361 Degrees Appoints Ike Alvear Head Of Sales
361 Degrees has added industry veteran, Isaac “Ike” Alvear to the team as head of sales.
RECALL: Jimmy Hack Golf Swing Trainers
The U.S. Consumer Product Safety Commission announced that Jimmy Hack Golf’s Orange Whip golf swing trainers due to injury hazard.
RECALL: Trek Bontrager Line Pro Bicycle Pedals
About 9,630 pairs of Trek’s Bontrager Line Pro bicycle pedals sold in the U.S. are being recalled.
Aisle Talk Week of July 23
Top headlines from the active lifestyle industry you may have missed this week, including the U.S. House of Representatives approving the Personal Health Investment Today (PHIT) Act, which allows the use of pre-tax savings accounts for physical activity-related expenses.
Netflix Developing Biopic On Nike Founder Phil Knight
Netflix has picked up the rights to Knight’s best-selling memoir, “Shoe Dog.” Scott Alexander and Larry Karaszewski, who wrote “The People v. O.J. Simpson: American Crime Story,” are penning the script for the adaptation, which will be produced by Frank Marshall and Knight.
Puma Signs Celtics Guard Terry Rozier
Boston Celtics guard Terry Rozier has signed with Puma, Bleacher Report claimed.
Vista Outdoor Employees And Partners Donate More Than $146,000 In Support Of Military Veterans
Vista Outdoor Inc. announced that the company’s employees and partners donated more than $146,000 for the Veterans Community Project (VCP) during the company’s recent Hunt/Shoot sales conference.
Gander Outdoors Prepares For Grand Opening In Baraboo, Wisconsin
The 48,000-square-foot location is one of ten facilities in the state.
NSGA Applauds House For Passing Legislation That Includes PHIT Act
The National Sporting Goods Association (NSGA) applauded the U.S. House of Representatives for including legislation to encourage physical activity in the Heath Savings Account (HSA) reform package that passed a House vote by a 277-142 margin.
Under Armour Takes Bigger Restructuring Hit
Under Armour logged a steep second-quarter loss as the company ramped up the company’s restructuring efforts to further clean up the company’s inventories in the marketplace and reduce the company’s cost structure. The moves are designed to build a sounder foundation to support the company’s promised turnaround starting in 2019.
Columbia Sportswear Raises Guidance After Strong Q2
Columbia Sportswear Co. reported earnings for the second quarter ended June 30 of $9.7 million, or 14 cents per share, compared with a net loss of $11.5 million, or (17) cents per share, the same quarter a year ago.
Deckers Brands Easily Tops Guidance In Q1
Deckers Brands reported that revenues and its loss in the fiscal first quarter ended June 30 easily beat projected guidance. Sales grew 19.5 percent, led by a 17.6 percent gain for Ugg and a 53.1 percent hike at Hoka One One.
Americas Region, Chunkier Styles Drive Puma’s Q2 Growth
Puma SE said it scrambled to catch up to a fashion shift toward bulkier footwear to enable it to continue its robust top-line momentum. But due to higher marketing expenses to maintain that growth, Puma wasn’t able to lift its profit outlook for the year.
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