Navajo Incorporated, a provider of eyewear with the Piranha brand, announced that they have acquired Maxx HD Sunglasses, a Colorado-based national distributor of sports, motorsports and NCAA-licensed sunglasses.
Author: SGB Media
Aisle Talk, Week of March 19
Top headlines from the active lifestyle industry you may have missed this week.
Nike Eyes North American Comeback
Aided by a strong response to new launches such as Nike React and Airmax 270, continued momentum in online sales and early success in pushing for further differentiation at its retail partners, Nike Inc. said its North America business is poised to return to growth mode.
Prince Announces Strategic Partnership with Paddletek
Prince announced a strategic partnership to launch new innovative Prince Pickleball paddles, available for the first time in the U.S.
Brooks Announces Sponsorship Of Two Special Olympics Athletes
Brooks Running Company announced the sponsorship of two Special Olympics athletes, Andy Bryant and Colleen Bryant.
Boardriders Reaffirms Billabong Acquisition Is Best Value for Shareholders
Boardriders, Inc., the parent of Quiksilver, Roxy, and DC Shoes brands, reaffirmed that its proposed acquisition of Billabong International Limited is in the best interest of all shareholders.
Li Ning 2017 Sales Climb 11 Percent
Li Ning reported earnings from continuing operations nearly doubled in 2017 on an 11 percent revenue gain.
Dorel Industries Takes Charges On Toys “R” Us Liquidation
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.
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.
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