Outdoor Retailer announced that dates for future Outdoor Retailer Snow Shows will move into the last week of January beginning in 2019 and will remain in the last week of January through 2022.
Author: SGB Media
Unifi To Acquire National Spinning’s Dyed Yarn Unit
The acquisition is expected to enhance Unifi’s position as a leading producer of dyed staple and filament yarn in the region, and will add acrylic and wool products to the company’s dyed yarn portfolio.
The Buckle’s Comps Slide In March
The Buckle Inc. announced that comparable store net sales for the 5-week period ended April 7, 2018 decreased 1.1 percent
Bank of America To Stop Lending To Makers Of ‘Military-Style Firearms’
Bank of America announced that it will no longer finance manufacturers that make military-style guns like the AR-15.
Puma Lifts FY Outlook On Double-Digit Q1 Revenue Growth
Puma slightly raised full-year guidance for 2018 after reporting strong preliminary results for the first quarter. Sales rose approximately 21 percent on a currency-neutral basis in the quarter.
Starboard Nominates Four For Newell Board
Starboard Value LP, the activist hedge fund seeking to replace Newell Brands’ board, charged in a letter to Newell’s shareholders that Newell entered into a “hastily constructed” agreement with famed investor Carl Icahn that may lead to Newell electing directors to the board who are weaker than its own nominees.
Academy Sports Opens Stores In Shreveport And Madison
Academy Sports + Outdoors opened new stores in Shreveport, LA and Madison, MS.
Camping Popularity Grows With Addition Of 6 Million New North American Campers Since 2014
More than 6 million new North American households have adopted the camping lifestyle since 2014, with the number of campers who camp three times or more each year – the most avid group of campers – having increased by 64 percent, according to the results of the 2018 North American Camping Report by KOA.
College Basketball Scandal Spreads To Kansas And NC State
Kansas and North Carolina State have joined Louisville and Miami (Fla.) in the FBI’s ongoing probe into corruption in college basketball as federal prosecutors in New York added additional criminal counts to the indictment of former Adidas executive Jim Gatto.
Reports: Adidas In Talks To Replace Puma As Arsenal Sponsor
Adidas is in advanced negotiations to become the kit sponsor for Arsenal. The Premier League squad’s contract with Puma is due to expire at the end of next season
Zumiez’s March Comps Climb 12.6 Percent
Zumiez Inc. announced, that total net sales for the five-week period ended April 7, 2018 increased 14.7 percent to $82.3 million, compared to $71.7 million for the five-week period ended April 1, 2017.
Adidas And Vans Winning With Teens
Adidas, Vans, Supreme, Champion and Lululemon all saw a strong uptick in mindshare among teens in Piper Jaffray’s 35th semi-annual Taking Stock With Teens survey. Nike, Converse and Under Armour all lost ground.
Dutch Solar Products Company WakaWaka Goes Public
WakaWaka – which improves access to light and power for a person living off the grid whenever a consumer buys a solar light or power bank – is the first European B Corporation with public offering.
LifeStraw Names Adam Janecka Head Of Retail Sales
Sales veteran of 20-plus years to drive international growth for filtration and purification products company.
Bigtruck Adds Outside Directors, Elects Chairman
Bigtruck, the headwear specialist, has expanded the company’s board of directors to include two new outside directors, bringing industry experience and perspective to the brand.