Footaction teamed up with photographer Jonathan Mannion and recording artist Freddie Gibbs to debut a new content franchise, “UNCOVER Presented by Footaction.” The conversation, hosted by radio personality Mando Fresko, focused on how lifestyle and culture intersect.
Author: sportsoneauthor
February Retail Sales Increase 4.4 Percent Over Last Year
February retail sales increased 0.3 percent seasonally adjusted over January and 4.4 percent year-over-year as the economy continued to grow, the National Retail Federation said. Sporting goods stores were down 3.4 percent year-over-year but up 2.2 percent from January seasonally adjusted.

Travel Oregon … Outdoor Magic Through Animation
Only Slightly Exaggerated is an animated short film launched by Oregon’s tourism commission.
Newell Brands Independent Directors Issue Open Letter To Shareholders
Newell Brands mailed a letter to shareholders from the independent members of its Board of Directors detailing their perspective on the upcoming proxy contest with Martin Franklin and his affiliates, under the banner of Starboard Value, LP.

Adidas Lifts Profitability Target After Robust 2017
Adidas AG reported revenue growth accelerated in the fourth quarter, led by China and North America, prompting the company to upgrade its profitability target for 2020.

VF Corp. To Acquire Altra
VF Corp. signed a definitive purchase agreement to acquire the Altra footwear brand from Icon Health & Fitness, Inc.
GU Energy Labs Gels Are Now “Made by the Sun” At Berkeley Headquarters
GU Energy Labs will now offset over 95 percent of its energy needs at its headquarters

Dick’s Hopes Healthier Margin Outlook Offsets Top-Line Challenges
Dick’s Sporting Goods said on its fourth-quarter conference call that it’s facing top-line challenges in the hunt and fitness tracker categories as well as the Under Armour brand overall. But stronger product innovation from select key partners and the continued expansion of its private brands are expected to result in less margin pressure in 2018 than previously expected.
Adidas Initiates Multi-Year Stock Buyback Program
With the approval of the Supervisory Board, the Executive Board of Adidas AG has decided to launch a multi-year share buyback program of up to €3.0 billion ($3.7 bn) in total until May 11, 2021.
Camping World’ Updates Q4 Results
Camping World Holdings Inc. updated its fourth-quarter results to reflect the benefit of a deferred tax asset.
Caleres Sees Robust Q4 Earnings Gains
Caleres Inc. reported healthy gains in earnings in the fourth quarter as Famous Footwear’s comps grew 2.8 percent and sales in its Branded Portfolio gained 13.8 percent.

Clarus Sees Double-Digit Growth For Black Diamond Equipment
Sales for the Black Diamond Brand grew 11 percent, led by a 24 percent gain in the Ski category and 21 percent in the Climb Black category. Unseasonally dry weather in the Western U.S. restrained growth in apparel.
CamelBak Pursuit Series Announces New Partnerships
Partners include Igloo Coolers, Marmot , Leki, Northeast Off-Road Adventures, Mountain Travel Sobek, Küat Racksm, MPOWERD, Mountain House and Tito’s Handmade Vodka.

Tilly’s Q4 Derailed By E-Com Snafu
Tilly’s Inc. reported earnings that came in at the low end of projections and same-store sales that missed guidance as online sales were disrupted by a system upgrade. Management remained bullish on continued improvement in 2018.

Lifestraw Milestone
Lifestraw reached a milestone last week. ONE MILLION SCHOOLCHILDREN have safe drinking water through its safe
water retail program.