Nike signed Sevilla to a new three-year kit supply deal. New Balance’s deal with the La Liga club expired at the end of the 2017-18 season.
Author: SGB Media
’47 Co-Founder Arthur D’Angelo To Be Inducted Into Red Sox Hall Of Fame
’47, the fan apparel brand, announced that company co-founder Arthur D’Angelo will be inducted into the Red Sox Hall of Fame at the 2018 Red Sox Hall of Fame & The Fenway Honors Gala.
Kohl’s Delivers Blow-Out Q1 On Active Strength
Led by 10 percent comp growth in its active assortments, Kohl’s Inc. reported first-quarter earnings that easily topped Wall Street’s targets and lifted its guidance for the year. Nike, Under Armour and Adidas led the active gains and the department-store operator is planning a 30-store test that will see square footage dedicated to active expand by 40 percent.
RenoCross Cyclocross Race Sold To RENOCX
Watts Marketing has sold the cyclocross race RenoCross to Reno, NV-based RENOCX LLC. Terms were not disclosed.
Retail Industry Futurist Among Keynotes At IBD Summit At Interbike
Doug Stephens, considered one of the world’s foremost retail industry futurists, and David Mead, a lead presenter with Simon Sinek’s Start With Why organization, will be joining John Venhuizen, the CEO of Ace Hardware Corporation, as part of the IBD Summit series each morning of the expo.
Exercise Takes Center Stage In D.C. As Key For A Stronger U.S.
On May 10, fitness industry supporters gathered on Capitol Hill to discuss how Congress, the Administration, industry, nonprofits and others within both the public and private sectors can work together to create a healthier nation, according to a press release from the National Coalition for Promoting Physical Activity (NCPPA).
Smartwool Appoints Florida Representation
Outdoor Sports Marketing (OSM) will begin representing Smartwool in all Florida markets effective immediately. The addition of Florida comes after a decade of successful, partnership-based sales and service by OSM in the Southeast Territory (MS, AL, GA, SC, NC, TN, VA).
BIG3 And Adidas Announce Three-On-Three Youth Initiative, Young3
As part of their multi-year partnership and previously announced commitment to player development and community engagement, BIG3 and Adidas have announced the launch of Young3, a 3-on-3 youth basketball initiative.
J.C. Penney CEO Ellison Departs For Lowe’s
J.C. Penney Company Inc. announced that Chairman and CEO Marvin R. Ellison has notified the company of his decision to resign from his role to pursue another opportunity with Lowe’s Companies Inc.
Jay Berlin To Head Bellacor
Jay Berlin, the former CEO of at Summit Sports Companies and Sportsman’s Guide, has been appointed CEO of lighting and home décor online retailer Bellacor.
TJX Misses On Earnings, Beats On Revenue In Q1
Apparel and home fashions retailer The TJX Cos. Inc. reported net income for the first quarter ended May 5 of $716 million, or $1.13 per share. Adjusted earnings per share were 96 cents, a 17 percent increase over the prior year’s 82 cents per share, but missed analysts’ expectations by 6 cents per share.
Yakima Launches First Ambassador Program
Yakima is launching the company’s first ambassador program, the Yakima RackPack, a select group of athletes and everyday adventurers.
Idaho’s Turner’s Sportsfair Closes
Turner’s Sportsfair, a bar and tackle shop on State Street in Boise, ID, has closed.
Alpargatas’ Q1 Sales Advance 12 Percent
Alpargatas, the parent of Havaianas, reported net revenue in the first quarter rose 11.7 percent. Net income was down 37.2 percent.
Moncler’s Sales Climb Double-Digits In Q1
Moncler reported sales rose 28 percent at constant-exchange in the first quarter ended March 31.
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