A scan of just-released 10-K filings shows Under Armour’s sales fell sharply at both Dick’s Sporting Goods and Hibbett Sports in 2017, Adidas rebounded at Hibbett, Nike continued to dominate open-to-buys for Foot Locker and more insights into vendor allocations.
Author: SGB Media
Aisle Talk Week Of April 2
Top headlines from the active lifestyle industry you may have missed this week.
Trump Proposes $100 Billion In New Tariffs On Chinese Goods
President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods. In response, China warned it would fight back “at any cost” with fresh trade measures if the U.S. continues on its path of protectionism.
Decathlon Sets Opening Date For First Store In Canada
Decathlon will open the company’s first Canadian store on Saturday, April 21, at Mail Champlain in Brossard, just outside of Montreal.
SidelineSwap Awards Six Athletes With Scholarships To Help Fund Their Year In Sports
That’s why SidelineSwap, an online marketplace where athletes buy and sell gear, wants to make sports more affordable.
Tailwind Nutrition Receives Informed-Choice Finished Product Certification
Tailwind Nutrition’s original endurance fuel received the Informed-Choice Finished Product Certification, a standard demonstrating the highest level of quality assurance available to the sports supplement industry.
Bigtruck Earns B Corp. Status
Bigtruck, the headwear firm, earned the B Corp Certification from non-profit B Lab, joining the global movement of businesses inspiring all businesses to compete not only to be the best in the world but to be the best for the world.
LifeSaver Appoints PR Agency Darby Communications
LifeSaver, a UK-based manufacturer of portable and reusable water filtration systems, has hired public relations firm Darby Communications.
Kitbow Cycling Apparel Appoints Blum and Herrick To The Board
Industry veterans Paul Blum and Andrew Herrick have joined the board of privately-held Kitsbow Cycling Apparel.
Newell Brands’ Proxy Fight Still A Go
Believing the company’s recent partnership with famed billionaire investor Carl Icahn will be enough to fix the company, activist investor Starboard Value LP said it has no plans to drop its proxy fight against Newell Brands.
Nike Admits To Diversity Shortcomings
Coming a few weeks after allegations of inappropriate workplace behavior led to changes in the executive ranks, Nike Inc. in a memo to employees admitted to shortfalls in hiring and promoting more women and minorities to senior-level positions.
Elan Skis Supports Brand Growth With New U.S. Subsidiary
Elan Skis, the Slovenian-based legacy supplier of handcrafted skis, announced the new formation of Elan Sports USA, an independent subsidiary of Elan d.o.o., effective immediately, under the leadership of Gary Fleming as president.
REI Co-op To Open In Kalispell, MT
This fall, REI will open a new store in Kalispell in Montana, the third store in the state.
Nike Inc. Makes Up Two-Thirds Of Foot Locker’s Sales In 2017
Foot Locker said 67 percent of the company’s merchandise in 2017 was purchased from Nike Inc., slightly down from 68 percent in 2016, according to its recently-released annual report.
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