Top headlines from the active lifestyle industry you may have missed this week, including Eddie Bauer and PacSun combining under a new operating company.
Author: sportsoneauthor
Reports: Puma To Sign Marvin Bagley
Puma, marking the company’s return to performance basketball this year, has signed top NBA draft prospect Marvin Bagley III to a five-year endorsement deal.
Canada Goose’s Q4 Revenues More Than Double
Canada Goose Inc. reported net income of Canadian $6.6 million, or 7 cents a share, in the fourth quarter ended March 31, rebounding from a loss of C$23.3 million, or 23 cents, a year ago. Revenues catapulted 144 percent.
Canada Goose To Open Three New Stores In North America
Canada Goose Holdings Inc. announced the next phase of its global retail expansion, opening three stores this fall in Short Hills, NJ, Montréal, Quebec and Vancouver, British Columbia.
Dassault Systèmes Acquires Majority Stake In Centric Software
Dassault Systèmes announced that the company has entered into a definitive agreement to acquire a majority stake in Centric Software, a provider of product lifecycle management software solutions.
Cherokee Global Brands Updates Guidance After Q1 Loss, Sale Of Flip Flop Shops
Cherokee Global Brands reported a loss for the first quarter ended May 5 of $2.7 million, or 20 cents per share, missing analysts’ consensus estimates by 11 cents per share. The company’s revenue of $5.4 million beat estimates by $0.2 million.
Eddie Bauer Names Damien Huang President
Eddie Bauer announced that Damien Huang has been named president. Huang was most recently Eddie Bauer’s senior vice president of merchandising & design.
Otis Technology Appoints CEO
Otis Technology has appointed Larry Williams as chief executive officer, effective July 9.
Licensing Expo’s Key Attendance Expands
Licensing Expo, held in Las Vegas from May 22 to 24, 2018, saw significant growth in key areas among its attendee base, including a 10 percent increase in retailers and 16 percent increase in first-time attendees.
Rue21 Appoints Laurie Van Brunt President And CEO
Rue21 appointed Laurie Van Brunt president and chief executive officer, Michele Pascoe as senior vice president and chief financial officer and Stephen Sommers as senior vice president and chief marketing officer.
Camber Outdoors Announces Seven Camber Exchanges in June
Camber Outdoors, the active-outdoor industries organization, has announced seven June events in the 2018 Camber Exchange series.
Helly Hansen Joins Chester Race Week as 1st Presenting Sponsor
After a trial run in 2017, Norway-based global outerwear company Helly Hansen has signed on as naming sponsor of what is now “Helly Hansen Chester Race Week” 2018, North America’s largest annual keel boat race week.
Mammut Partners With OutsidePR, Launches New Communications Strategy
San Francisco-based public relations and sports marketing agency OutsidePR has announce a partnership with Mammut Sports Group-North America. OutsidePR will lead media outreach and execute Mammut’s North American media relations strategy.
Former Billabong CEO To Head Gap Chain
Gap Inc. appointed Neil Fiske, the former chief executive officer at Billabong and Eddie Bauer, as president and chief executive officer of Gap brand.
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