T-H Marine Supplies, Inc., of Huntsville, AL, announced the acquisition of the assets of Blue Water LED Enterprises, LLC (Blue Water) of Lawrenceburg, KY.
Author: SGB Media
American Hiking Society Announces 2018 National Trails Fund Recipients
The National Trails Fund gives trail clubs and land managers the necessary funding to complete critical trail projects across the country, thanks to the support of the fund’s Charter Sponsor, L.L.Bean.
United By Blue Launching Nationwide Cleanup Road Trip
From June to August, United By Blue will be co-hosting 21 cleanups across the country with retail partners and volunteers. By the end of 2018, the sustainable outdoor apparel and lifestyle brand will have performed a waterway cleanup in all 50 states.
The Buckle’s Q1 Profits Climb 12 Percent
The Buckle Inc. announced that net income for the fiscal quarter ended May 5, 2018 was $18.3 million, or 38 cents a share, up from $16.3 million, or 34 cents, a year ago.
Fox Racing Hires Pacific-Northwest Reps
Fox Racing has appointed NorthernMark Agency, based in Pleasanton, CA, as sales agency for the company’s Northern California/Northern Nevada region.
Champion Partners With Steel Sports
Steel Sports has selected Champion as the Official Apparel Partner for the 35,000 youth players, families and coaches who participate in the company’s baseball programs.
Foot Locker’s Shares Pop As Q1 Shows Some Recovery
Shares of Foot Locker Inc. jumped 20.2 percent on Friday after the sneaker leader reported first-quarter blasted past Wall Street’s targets. Management credited the arrival of more on-trend footwear styles from top vendors. But the makeup is changing, led by a resurgence for Nike, with many of styles as well as strength in Vans and Fila, offsetting some softening at Adidas, Puma and Converse.
Strong Athletic Trend Propels Shoe Carnival
”The strong athletic and athleisure trend shows no sign of slowing down,” said Cliff Sifford, president and CEO, on a conference call with analysts.
Athleta Again Delivers Double-Digit Growth For Gap Inc.
“I believe that this gem in our portfolio, which is becoming a very nicely sized gem, remains underappreciated,” said Art Peck, Gap Inc’s president and CEO, of Athleta on a conference call with analysts.
Aisle Talk Week Of May 21
Top headlines from the active lifestyle industry you may have missed this week.
★ Ray Charles ★ America the Beautiful ★ 2001 World Series ★
Listen to Ray Charles sing “America The Beautiful” at the 2001 World Series.
Hibbett Sports Q1 Operating Earnings Slide
Hibbett Sports Inc. reported operating earnings slid 16 percent in the first quarter as comps dipped 0.3 percent and both margins and the chain’s expense rate eroded. Hibbett said results exceeded the company’s internal plan and gross margin improvement was seen in April.
Foot Locker Q1 Blows Past Q1 Estimates
Foot Locker Inc. reported earnings before charges slid 3.3 percent in the first quarter, but came in well ahead of Wall Street’s targets. Dick Johnson, Foot Locker’s CEO, said in a statement, “The flow of premium product continues to improve, with increasing breadth and depth in the most sought after styles from our key vendors.”
Nike Acknowledges Diversity Shortfalls In FY16/17 Sustainability Report
In the company’s just-released FY16/17 Sustainable Business Report, Nike Inc. stated that leadership representation for women globally and underrepresented minorities (URM) in the U.S. “have not evolved as fast as we would have liked” since the company’s last sustainability report arrived in 2016. The report also lists an extensive number of steps Nike is taking to improve diversity and inclusion efforts.
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