BioLite, the specialist in off-grid energy solutions, hired Waypoint Outdoor as its exclusive nationwide master sales representative group for the US Outdoor Wholesale Market.
Author: sportsoneauthor
Zumiez October Comps Increase 1.6 Percent
Zumiez Inc. reported that the company’s comparable sales increased 1.6 percent for the four-week period ended November 3 compared to a comparable sales increase of 6.6 percent for the four-week period ended October 28, 2017.
PlumRiver Agrees To Acquire CenterStone Technologies
PlumRiver Technologies on Wednesday announced that the company has signed an agreement to acquire CenterStone Technologies as part of a strategic move to create a standardized B2B e-commerce interface between manufacturers and retailers. Financial terms of the deal weren’t disclosed.
MEC CEO David Labistour To Step Down
After 11 years heading the organization, CEO David Labistour will be leaving his role at MEC ((Mountain Equipment Co-op) in June 2019, handing over to a new CEO who will continue the co-op’s journey to get people off the couch and active outside.
REI Co-op To Open New Store in Kalispell, MT
Outdoor co-op REI will open its new store in Kalispell, MT, on Nov. 9 at the Spring Prairie Commons shopping center on Nov. 9.
Fleet Feet Announces Honorees Of Inaugural Pacesetter Award
Carrboro, NC-based Run specialty retailer Fleet Feet on Wednesday announced the 12 employee honorees of its inaugural Pacesetter Award.
Newell Brands To Sell Pure Fishing To Sycamore Partners For $1.3 Billion
Newell Brands on Wednesday announced it has signed definitive agreements to sell Pure Fishing to the private equity firm Sycamore Partners for $1.3 billion.
Sequential Brands Posts Loss On Impairment Charges
Sequential Brands Group Inc. reported a loss in the third quarter after absorbing an impairment charges related to the trademarks of two of the company’s non-core brands as well as expenses related to a strategic shift to a direct-to-retail license with Walmart for the Avia brand.
ISPO Munich Adding Two More Halls For 2019 Show
ISPO Munich will be boasting an extra two halls in ISPO Munich 2019. In January 2018, over 2,800 exhibitors showcased their products at the leading international trade fair spread across 16 halls.
Adidas Q3 Profits Leap, Sales Impacted By Softness In Europe
Adidas hiked its 2018 profit guidance, citing a strong earnings performance in the third quarter, but trimmed its revenue target due to weaker-than-expected growth in Western Europe. Revenues at the Adidas brand increased 10 percent in the quarter, driven by double-digit growth in Sport Inspired as well as high-single-digit growth in Sport Performance. Revenues at Reebok decreased 5 percent.
Wolverine Lifts Guidance On Strong Q3 Profit Gains
Wolverine World Wide Inc. lifted its guidance for the third time this year after reporting earnings on an adjusted basis rose 44 percent. Underlying revenue rose 1.1 percent on a currency-neutral basis.
Lew’s Holdings Acquires Southern Plastics
Lew’s Holdings Corporation, the supplier of fishing and hunting products through Lew’s, Strike King, and Hunters Specialties, announced that it has acquired Southern Plastics Company Inc., a manufacturer of soft plastic fishing lures.
HydraPak Acquires Polar Bottle
HydraPak, maker of performance hydration products and the largest OEM supplier of reservoirs globally, on Tuesday announced its acquisition of Polar Bottle. Financial terms of the deal weren’t disclosed.
Brooks Running Strengthens Position In Europe
Brooks Running recently organized its European business into three commercial territories (North, Central and South), each with its own business leader to better capitalize on growth. Brooks also recently appointed a new EMEA Sales Director and EMEA Marketing Director.
Vicis Amasses $28.5M In Funding Round
Vicis Inc., the maker the ZERO1 football helmet, announced the closing of a $28.5M Series B funding, which includes an investment from All-Pro NFL quarterback Aaron Rodgers through Rx3 Ventures.
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