Film: Lorraine Blancher Rides Chile’s Atacama Desert
Author: SGB Media
Gildan Activewear Sees Double-Digit Growth In Q4, Sets Organizational Realignment
Gildan Activewear reported earnings in the fourth quarter slumped 24.0 percent after absorbing $11.0 million of restructuring and acquisition-related costs primarily to cover the implementation of an organizational realignment and related executive management changes. Revenues in the quarter grew 11.2 percent.
Newell Brands Nominates Three Directors To Board
Newell Brands announced the two independent directors it plans to nominate to its board at its upcoming annual meeting ahead of a proxy fight with an activist investor seeking to oust the entire board and CEO.
Under Armour Partners With ESPN On Urban Revitalization Projects
The new initiative, RePlay, will direct over $400,000 in grants to local organizations that will plan and execute projects that create safe recreation spaces to exercise and play on currently vacant lots in Philadelphia, Los Angeles and Baltimore.
Respect Your Universe To Open First California Location
RYU Apparel Inc., creators of urban athletic apparel, secured its first Californian location on iconic Abbot Kinney Boulevard, in Venice Beach.
Sturm Ruger’s Q4 Profits Drop 46.4 Percent
Sturm, Ruger & Company Inc. reported earnings per share in the fourth quarter fell 46.4 percent as sales fell 26.9 percent.
Wolverine Worldwide’s Q4 Boosted By Improved Margins
Boosted by fatter gross margins, Wolverine Worldwide reported adjusted earnings per share in the fourth quarter of 41 cents per share, a 20 percent increase over the last year. Underlying growth of 1.7 percent. Eighteen percent growth at Merrell and nearly 30 percent at Chaco helped offset declines in the low double digits at the flagship Wolverine brand, high single digits at Sperry and mid-single digits at Saucony.
Rocky Brands Sees Wholesale Brands Return To Growth In Q4
Work and western boots both grew double-digits in the fourth quarter. Hunting sales increased modestly year-over-year added in part by cold weather throughout much of the fourth quarter and a decision earlier last year to implement more aggressive pricing.
NCAA And Wilson Extend Partnership In College Soccer Through 2021
Through this partnership, Wilson will supply teams competing in the NCAA Division I, II and III Men’s and Women’s Soccer Championships with NCAA-branded soccer balls.
REI To Support Second “Confluence Summit” In Asheville
The State of North Carolina announced its intention to host the second-ever “Confluence Summit” for state-level outdoor recreation leaders in Asheville, NC this July.
DPS Phantom Hires VP Phantom
DPS Phantom, the permanent base glide treatment that eliminates the need for waxing skis and snowboards, hired ski industry veteran Thomas Laakso to the newly created position; vice president, Phantom.
Dick’s Team Sports HQ Expands With Virginia Youth Soccer Association
Dick’s Sporting Goods and Dick’s Team Sports HQ announced a multi-year, strategic partnership with Virginia Youth Soccer Association (VYSA), a member of US Youth Soccer and one of the largest state associations with over 170,000 players, coaches and administrators.
American Cycle Systems Acquires Bar Fly
American Cycle Systems Inc., a specialty BMX component supplier for over 45 years, announced the acquisition of Bar Fly.
Gatorade National Boys Cross Country Runner Of The Year: Aidan Troutner
In its 33rd year of honoring the nation’s best high school athletes, The Gatorade Company announced Aidan Troutner of Timpview High School (Provo, Utah) as its 2017-18 Gatorade National Boys Cross Country Runner of the Year.
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