LL Bean Family Members Donate $4M To Maine Medical Center

Medical Center announced today a gift of $4 million provided by Lisa Gorman and the children of L.L. Bean Chairman Emeritus Leon Gorman and their spouses. In recognition of the gift, the planned Congress St. building lobby will be named after the late Leon Gorman.

New Balance To Sign Kawhi Leonard

New Balance, in another major step in its return to basketball, has signed Kawhi Leonard, the star forward for the Toronto Raptors, to an endorsement deal.

Mountain Equipment Supports Ice Climbing Community

Mountain Equipment, a U.K. designer and manufacturer of outdoor gear and apparel, announced that the brand is renewing its sponsorship at the Ouray Ice Festival in January 2019 by increasing its involvement as an Official Sponsor.

The Northwest Company Supports Tackle Kids Cancer Campaign

The Northwest Company, leader in the home textile industry and the No. 1 throw and blanket manufacturer in the U.S., has partnered with the Hackensack Meridian Health’s Tackle Kids Cancer (TKC) campaign to raise needed funds and awareness for pediatric cancer research.

Spartan Launches Trail Events

With the growing sport of trail running attracting more than 9.1 million annual U.S. participants, Spartan, the world’s largest obstacle course race (OCR) and endurance brand, plans to expand its fitness footprint with the launch of a new race product, “Spartan Trail.” The new trail running series, combines a classic approach to trail running with the Spartan ethos.

Asics America Appoints Sean Mannion As VP Of Sales

Asics America Corp. has appointed Sean Mannion, formerly at Under Armour, as VP of sales. His last position at Under Armour was general manager and senior director of sales, managing footwear, apparel and accessories in the sporting goods, mall and family retail channels.

PVH Corp. Raises Full-Year EPS Outlook

PVH Corp. on Thursday afternoon reported earnings per share for the third quarter of $3.21, beating Wall Street’s target by 7 cents and sparking the company to raise its EPS outlook for the year.

Tilly’s Stock Takes Hit On Missed Guidance

Shares of Tilly’s tumbled $3.22, or 21.1 percent, to $12.04 on Thursday after the action sports retailer reported earnings and sales that landed at the lower end of guidance. EPS guidance for the current quarter was also lower than planned.

Yeti Beats On EPS In First Public Earnings Report

In its first earnings report since going public, Yeti Holdings Inc. on Thursday reported adjusted net income for its third quarter ended September 29 grew 81 percent to $20.2 million, or 24 cents per diluted share, beating Wall Street’s targets by 3 cents.

BPI Outdoors Promotes Sebo To VP

BPI Outdoors, a leader in muzzle loading rifles and accessories with the CVA, Powerbelt, and Durasight brands, promoted Jason Sebo to the position of vice president of sales and marketing for its CVA division.