Standing in as the commencement speaker for the 2018 graduating class of the University of Montana, Eric Sprunk, Nike Inc.’s COO and former UM alum, urged graduates to “be somebody who actually does something,” “continue learning the rest of your life” and “fail forward.”
Author: SGB Media
Aisle Talk Week Of May 14
Top headlines from the active lifestyle industry you may have missed this week.
Adidas Partners With Leicester City
Leicester City Football Club of the Premier League announced a new multi-year partnership with Adidas.
New Balance Partners With Snapchat On Liverpool Liverpool FC Kit Launch
New Balance debuted a shopping experience in the U.S. and U.K. through Snapchat’s new Shoppable AR (augmented reality) technology that lets Liverpool FC fans virtually wear, and then buy, the new Liverpool FC kit.
Puma To Open New York Flagship On Fifth Avenue
Puma has signed a lease deal to open a flagship store on Manhattan’s Fifth Avenue shopping corridor. The three-level, 24,000-square-foot space is at 609 Fifth Ave. at 49th Street, opposite Saks Fifth Avenue.
Tegra Acquires Fjord
Tegra, a leading apparel manufacturing and supply chain provider, announced the acquisition of Fjord LLC, a leading manufacturer of on-field uniforms and gear for elite athletes.
Nordstrom Earnings Rise On 5.8 Percent Sales Growth
Nordstrom Inc. reported earnings of $87 million, or 51 cents per share, in the first quarter ended May 5, compared with $63 million, or 37 cents a share, in the same quarter in fiscal 2017.
Arc’teryx Brings Back Arc’teryx Climbing Academy
The popular outdoor event will be held in the rugged climbing mecca of Squamish, British Columbia, from July 19 – 22, 2018.
TRX Partners With In-Shape Health Clubs
In-Shape Health Clubs, the California fitness club, announced a partnership with the maker of functional training equipment, TRX, on a custom-made education program.
Honey Stinger Partners With Holowesko|Citadel
Honey Stinger, the manufacturer of honey-based nutritional products, announced that the company will partner with team Holowesko|Citadel p/b Arapahoe Resources as a nutrition sponsor.
Dillard’s Q1 Earnings Improve
Dillard’s Inc. reported first-quarter earnings rose 21.4 percent on a 2 percent comp gain. Results exceeded Wall Street’s targets.
Hixson High School Wins Vans Custom Culture Competition
Vans named Hixson High School from Hixson, TN as the grand prize winner of the ninth annual Vans Custom Culture art competition.
Remington Exits Chapter 11 Bankruptcy
Nearly two months after filing for bankruptcy protection, Remington Outdoor Company claims the company has emerged after successfully implementing a plan that will reduce debt levels and provide more stable financing that may help the company ride out a slowing market for firearms.
Escalade Sells Equity Stake In Stiga Sports Group AB
Escalade Inc. announced the company has sold the 50 percent equity share of Stiga Sports Group AB, headquartered in Sweden.
Boot Barn Tops Guidance On Double-Digit Comp Growth
Boosted by significant improvement in the retailer’s ladies business and the roll out a new performance-boot platform, Boot Barn reported same-store sales grew 12.1 percent in the fourth quarter ended March 31 while earnings came in well ahead of guidance.
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