Said CEO Steve Miller on a conference call with analysts. “While much of the country has endured often extreme winter weather conditions over the past few months our western U.S. markets have experienced significantly warmer than normal weather and one of the driest periods on record.”
Author: SGB Media
Sequential Brands Posts Steep Q4 Loss
Sequential Brands Group Inc. reported a steep loss in the fourth quarter after absorbing charges connected to the recent federal tax reform legislation and the company’s goodwill.
Under Armour Announces Retirement Of Chief Revenue Officer
Under Armour Inc. announced that Karl-Heinz (Charlie) Maurath will retire as its chief revenue officer effective March 31.

Hibbett Sports Hosts Social Media Contest To Celebrate Air Max Day 2018
Hibbett Sports announced a new social media contest in honor of Air Max Day 2018. The month-long promotion will kick off on March 1, 2018 and four winners will be selected (one winner per week for four weeks) to receive a $250 Hibbett Sports gift card through Air Max Day, which falls on March 26, 2018.

Crocs Trims Q4 Loss
Crocs Inc. reduced its loss in the fourth quarter ended December 31 as sales grew 6.2 percent and both gross margins and its SG&A rates improved significantly.

Pumalín National Park To Carry Name Of Founder, Douglas Tompkins
At the La Moneda Palace in Santiago, Chile, Chilean president Michelle Bachelet and Kristine McDivitt Tompkins, president of Tompkins Conservation, signed the decree to create “Pumalín National Park – Douglas R. Tompkins.”

Asics Opens Creation Studio In Boston
Asics officially opened its doors to the brand’s new Creation Studio at 125 Summer Street in Boston. The Creation Studio brings together teams driving key areas of the business including footwear apparel, equipment, marketing, digital and commerce. Asics now holds a significant bicoastal presence in the U.S., in both Irvine, California and Boston.
LA Tri Club Announces Partnership With 2XU
The partnership is designed to provide LA Tri Club’s member base with 2XU compression, sports performance and recovery apparel.

Boardriders Inc. Announces Pierre Agnes Memorials
Boardriders Inc., the parent of Quiksilver, Roxy and DC Shoes, is announcing several memorial ceremonies to celebrate the life of Pierre Agnes.

OBIT: Ann Krcik
Ann Krcik, senior director of brand communications and outdoor exploration at The North Face, has passed away after a battle with cancer.

Dick’s Sporting Goods Ends Sale Of Assault-Style Rifles
Dick’s Sporting Goods said it will stop selling assault-style weapons like the one used in the Parkland, FL high school shooting. The retailer will also no longer sell high-capacity magazines or guns to anyone younger than 21.
Fox Factory’s Sales Climb In Q4
Fox Factory Holding Corp. reported sales increased 8.6 percent in the fourth quarter to $121.1 million compared to $111.6 million in the same period last fiscal year.
Dick’s Sporting Goods Announces Grand Opening Of Four New Stores In Three States
Dick’s Sporting Goods will be opening four new Dick’s Sporting Goods stores in March in St. Petersburg, FL; Lancaster, PA; Pace, FL; and Mesquite, TX.
New Balance To Sponsor New York Mets
New Balance has signed on as the official footwear and apparel partner of the Mets and their Citi Field ballpark.