Dorel Industries Inc. said it recorded a charge of $3.8 million tied to the liquidation of Toys“R”Us U.S. Of the charge, $0.7 million is within Dorel Juvenile and $3.1 million is within Dorel Sports.
Author: SGB Media
Nike Seeing “Significant” North America Reversal
Nike Inc.’s earnings in its third quarter ended February 28 came in well-ahead of Wall Street guidance while sales were slightly ahead. North American sales were down 4 percent in the period but Mark Parker, president and CEO, said the company is seeing “a significant reversal of trend in North America, as momentum accelerates through the scaling of new innovation platforms and differentiated Nike Consumer Experiences expand across the marketplace.”
L.L. Bean To Open Its First Boston Store In April
Opening-day festivities will include the Red Sox World Series trophies and former star players Jim Rice, Luis Tiant and Dennis Eckersley.
Gander Outdoors Opens Locations in In Chambersburg, PA And Forest Lake, MN
Gander Outdoors, formerly known as Gander Mountain, has opened locations in Chambersburg in Pennsylvania and Forest Lake in Minnesota.
LeftLane Sports Starts Film Series To Support Local Outdoor Non-Profits
LeftLane Sports, the online retailer based in San Luis Obispo, CA, recently hosted a local screening of a popular rock climbing film while contributing to a local nonprofit.
Croakies To Sponsor GoPro Mountain Games
Croakies has reached an agreement with the Vail Valley Foundation to expand its sponsorship of the 2018 GoPro Mountain Games as Official Outdoor Retention Products Company for the event.
Katadyn Group Hires Global Head Of Digital
Katadyn Group welcomed Teresa Coryell House to the team as new global head of digital. Coryell House comes to Katadyn Group with over 20 years of experience in digital marketing and e-commerce with a number of notable brands, including Yoplait and Halo Top.
Easter Spending Expected To Be Second Highest In NRF Survey History
Easter spending is expected to total $18.2 billion this year, almost on par from a record $18.4 billion in 2017 but still the second-highest level on record, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
Deuter Taps Westbay Trading Company For Great Lakes Sales Territory
Westbay Trading Company will take over sales in Ohio, Indiana, Kentucky and Michigan for Deuter USA
Dick’s CEO Pens Op-Ed Urging Congress To Act On Guns
In an op-ed in the Washington Post, Ed Stack, CEO of Dick’s Sporting Goods, urged Congress to pass stricter gun laws. He wrote in part, “The majority of Americans are demanding that members of Congress take a stand and be brave enough to do their jobs.”
G-III Apparel’s Q4 Sales Jump 18.5 Percent
G-III Apparel Group Ltd. reported sales for the fourth quarter ended January 31, 2018 jumped 18.5 percent to $715 million from $603 million in the fourth quarter last year.
Uncharted Names Brad Drennan Director of Consumer Experience
Uncharted Supply Co., makers of full-package emergency preparedness systems, has named Brad Drennan as director of consumer experience, where he will use his experience in sales and customer-centric roles to further drive customer satisfaction and achieve brand goals for 2018.
Dick’s Touts Growth Opportunities In Footwear And Apparel
Speaking last week at the Bank of America Merrill Lynch Consumer and Retail Technology Conference, Dick’s Sporting Goods’ officials elaborated on its exit from the fitness tracker category and challenges in firearms. But much of its presentation was spent discussing growth opportunities on the footwear and apparel side with brands including Nike, Adidas, Brooks and Patagonia as well as its numerous private labels.
Granite Gear Announces Resignation Of Director Of Design
Granite Gear, the privately-owned backpack manufacturer, announced the resignation of its senior director of design & development, Mike Meyer.
Crocs Brings Back Drew Barrymore Campaign
The second year of the “Come As You Are” marketing campaign is led by a feature film-inspired musical starring a singing and dancing Drew Barrymore, with versions featuring the brand’s global celebrity cast.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal