The Fast Flexweave Running Shoe – the latest from Reebok’s Innovation Collective – dropped at retail yesterday.
Author: sportsoneauthor
Foot Locker’s Q4 Comps Slide 3.7 Percent
Foot Locker Inc. reported that earnings, excluding charges and adjustments to a calendar shift, were down 8 percent in the fourth quarter as same-store sales declined 3.7 percent. The sneaker powerhouse warned that conditions would remain challenging in the first quarter but predicted comps would turn positive by the middle of 2018.
REI And MEC Suspend Shipments From Vista Outdoor
Both REI and Canada’s MEC (Mountain Equipment Co-op) late Thursday said they have suspended orders from Vista Outdoor due to the company’s manufacture of semi-automatic rifles. Vista Outdoor’s brands in the outdoor and cycling space include Bell, Blackburn, Bollé, Bushnell, CamelBak, Camp Chef, Giro and Jimmy Styks. CamelBak issued a statement on the changes.
Fanatics And New York Yankees’ Giancarlo Stanton Announce Exclusive Memorabilia and Collectibles Partnership
Fanatics announced an exclusive partnership with Giancarlo Stanton, whom will join its roster of exclusive athletes housed under the company’s memorabilia division, Fanatics Authentic.
Asics To Become Global Development Partner Of The International Triathlon Union
Asics announced that it has concluded a multi-year global agreement to become a Global Development Partner of The International Triathlon Union (ITU).
Brunswick Sets Life Fitness Spin Off
“FitnessCo will be positioned to continue to grow, innovate and provide customers with high-quality solutions while also ensuring that the Marine business is best positioned to continue creating value for our shareholders,” said Brunswick Chairman and Chief Executive Officer Mark D. Schwabero.
EU Court Rules Adidas May Defend Its Three-Stripes Design
A European court has ruled for Adidas an infringement case against a Belgian footwear company. Adidas had been seeking to block two trademarks for parallel stripes on shoes filed by a Belgian firm, Shoe Branding Europe, saying it infringed on Adidas’ iconic three-stripe design.
Industrial Revolution Adds Rep Group
Colorado-based Granite Marketing Inc. will represent IR’s wholesale partners in the Rocky Mountains territory, including Wyoming, Utah, Colorado and New Mexico.
Turtle Fur Partners With Locally
Locally, an online store and product locator, is now integrated into turtlefur.com, connecting consumers with Turtle Fur products currently available at their local shop.
Saucony Celebrates 120th Anniversary
Saucony will mark its 120th anniversary with a series of events and celebrations in 2018, beginning with the launch of the Shadow 5000 EVR, an advanced interpretation of the brand’s iconic Shadow 5000, one of the most sought-after silhouettes of the 1980s.
ISA TanTec To Acquire Auburn Leather Lace
ISA TanTec announced that it has signed definitive agreements to acquire the Auburn Leather brand, business and assets with closing in Q2 2018.
American Outdoor Brands’ Profits Plunge On Weak Revenues
American Outdoor Brands, the owner of Smith & Wesson, Battenfeld Technologies and Crimson Trace, reported sales in the fourth quarter slumped 32.6 percent to $157.4 million.
Active Brands Showing Growth For Sequential Brands Group
While the company wrapped up a fourth quarter in line with plans, Sequential Brands Group noted that all of its core Active brands – Gaiam, And1 and Avia – are all seeing momentum in the marketplace.
Fred Meyer Will No Longer Sell Guns To Individuals Under 21
Kroger, the nation’s largest grocery chain, said it will stop selling guns and ammunition to customers who are younger than 21 years old. Kroger sells guns at 43 of its 133 Fred Meyer locations in Alaska, Idaho, Oregon and Washington.
Trump Administration Puts Focus On Team Sports
In a move to place a greater focus on team sports, the Trump administration has revised the title of the “President’s Council on Fitness, Sports, and Nutrition,” to the “President’s Council on Sports, Fitness, and Nutrition” and announced plans to increase emphasis on youth sports participation.
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