Reebok ‘Always Classic’ Campaign unites three disruptive style drivers — Ariana Grande, Rae Sremmurd and Sharina Gutierrez
Author: SGB Media
Nike Says Second Senior Executive Is Leaving Company
Nike on Friday said Jayme Martin, vice president and general manager of global categories for Nike, has been ousted from the company. His departure comes one day after Nike President Trevor Edwards resigned amid complaints about poor workplace conduct.
Citi Trends Promotes Bruce Smith To CEO
Citi Trends Inc. announced that Bruce Smith, acting chief executive officer, has been promoted to serve as the permanent chief executive officer.
Newell Brands Announces Agreement With Carl Icahn
Newell Brands announced that it entered into a cooperation agreement with Carl C. Icahn, chairman of Icahn Enterprises LP (IEP), who beneficially owns approximately 6.9 percent of the company’s outstanding shares.
#VansHiStandard … The Grand Finale
The Vans Hi-Standard international snowboarding series, the largest amateur snowboarding series in the world, closed its 2018 tour on Saturday with a grand finale at Sierra-at-Tahoe.
New Balance Awarded $17M contract For Military Footwear
New Balance was awarded a $17.3 million contract from the Department of Defense (DOD) to provide American-made New Balance athletic shoes to initial entry service members upon arrival at basic training.
Croakies To Sponsor 2018 Quicksilver Waterman Carolina Cup
Croakies has expanded on its 2017 “Exclusive Eyewear Retainer” designation, by adding Official Entertainment Sponsor for the 2018 Quicksilver Waterman Carolina Cup Presented by Surftech.
Authentic Brands Group To Acquire Nautica
VF Corp. announced that it has entered into a definitive agreement to sell the Nautica brand business to Authentic Brands Group (ABG) LLC.
L.L. Bean Cuts Jobs Bonuses After Reporting Flat Sales In 2017
L.L.Bean said it plans to eliminate employee bonuses for the first time since 2008 and will lay off about 100 positions this spring. The retailer also reported annual revenue reached $1.6 billion in its fiscal year ended Feb. 25, which was nearly flat with year-ago levels.
Hibbett Looks To Build On Q4 Momentum In 2018
Hibbett Sports’ earnings fell, as expected, in the fourth quarter due to the promotional marketplace. But results were better-than-expected coming into the quarter due to an acceleration in its e-commerce business and strength in sportswear and overall footwear offerings.
L.L. Bean Forgoes Bonuses After Challenging Year
With sales coming in slightly down in 2017, L.L.Bean said it plans to eliminate employee bonuses for the first time since 2008 and will lay off about 100 positions this spring.
Golf and Nike Swim Drive Perry Elllis’ Q4 Growth
Perry Ellis International reported sales its Golf segment grew 20 percent in the fourth quarter ended February 3 while Nike Swim saw healthy gains.
Columbia Sportswear And Major League Soccer Announce New Relationship
Columbia Sportswear and Major League Soccer announced a new collaboration featuring co-branded outerwear and apparel for men, women and children.
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