Top headlines from the active lifestyle industry you may have missed this week, including analysis from The Running Event (TRE), which shows that the industry is flying high once again after a couple of years of declining sales in the run specialty channel.
Author: SGB Media
Performance Running Footwear Sales Rebound with Strength in Run Specialty Channel
As another strong running community gathering at The Running Event (TRE) comes to a close this week the industry is flying high once again after a couple of years of declining sales in the run specialty channel.
Callaway Golf Company To Acquire Jack Wolfskin
Callaway Golf Company announced that it has entered into an agreement to acquire Jack Wolfskin for €418 million, or approximately $476 million. The acquisition furthers Callaway’s push into the active lifestyle category after its successful 2017 acquisitions of TravisMathew and Ogio.
Sears Secures Court Approval For Additional $350 Million Loan
Sears won court approval for $350 million in bankruptcy financing that will keep the retailer operating through the holiday selling season as it attempts to reorganize.
Six Moon Designs Opens Applications For Ambassador Team
Six Moon Designs, the maker of tents, shelters, backpacks and other accessories, is looking for hikers, backpackers, paddlers and ultrarunners to be a part of the new SMD Ambassador Team.
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.
AAFA’s 2019 American Image Awards Honorees Include Birkenstock, United Legwear
The American Apparel & Footwear Association’s 2019 AAFA American Image Awards honorees include United Legwear & Apparel, a joint venture partner of Puma and licensee of Skechers and Champion; as well as Birkenstock.
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.
Fila Extends Partnership With Karolina Pliskova
Fila announced that it has extended its partnership with World No. 8 and global tennis star Karolina Pliskova.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal