2018 was a tumultuous and transformative year in the active lifestyle, outdoor and sporting good industries, and SGB was there to cover every political action and channel disruption, retail rebound and corporate change, merger and acquisition.
Author: SGB Media
Vans Custom Culture Competition Champions Youth Creativity For A Decade
Vans has invited public and private high school art students to participate in the 10th year of Vans Custom Culture. Vans Custom Culture was created to provide high school students a platform to showcase their creative abilities, while providing access to underfunded art programs.
Active Stocks Deliver Humdrum Performance In 2018
Rewarded for its turnaround progress, Crocs saw its shares catapult 105 percent in 2018, pacing a group of stocks in the active lifestyle industry. Overall, however, the industry’s stocks delivered a mixed performance. Among the stocks losing considerable ground were Hibbett Sports, Big 5, Camping World, Skechers, Newell Brands and Vista Outdoor.
Columbia Announces Closing in Buyout of China JV With Swire Resources
Columbia Sportswear Co. on Wednesday announced that effective January 2, 2019, it has closed its buyout of the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Co., the joint venture in China with Swire Resources Ltd., a subsidiary of Swire Pacific Ltd.
Fila Signs Sponsorship Agreement With WTA Top 10 Ranked Player Kiki Bertens
FILA on Wednesday announced that it has signed a sponsorship agreement with Kiki Bertens, the WTA No. 9 ranked singles player in the world.
Sherpa Adventure Gear Names Peter Novak As President
Adventure apparel and accessories company Sherpa Adventure Gear on Wednesday announced that Peter Novak will be joining the Sherpa team as president. In his role, Novak will oversee commercial strategy, sales, marketing and branding at Sherpa.
OrderMyGear Appoints Dave Dutch as Chief Executive Officer
OrderMyGear, the sporting goods and custom apparel platform, announced the appointment of Dave Dutch to the position of CEO. Dutch was most recently CEO of PayLease, where he helped the company grow to over 200 employees during his seven year tenure.
Report: New Balance In Talks Over Record Liverpool Deal
New Balance is in negotiations to extend its partnership with Liverpool in what could be a record kit deal, according to the Daily Mail, according to the Daily Mail.
The North Face Relocating Downtown Manhattan Store
The North Face is relocating its store at 139 Wooster Street in lower Manhattan to a larger location nearby at 584-588 Broadway.
Camping World Announces Executive Management Realignment
Camping World Holdings Inc. said Roger Nuttall had resigned from his position as president of the company’s dealership group and his responsibilities will be divided up between Marcus Lemonis, chairman and CEO, and four tenured Divisional RV presidents with extensive experience in the RV industry,
Clock Runs Out On PHIT As Congress Leaves Town
The acrimonious debate and paralysis around the government shutdown led to a major casualty: The Personal Health Investment Today (PHIT) Act. PHIT was awaiting a final vote in the U.S. Senate, but fell victim to the dysfunction in D.C., despite passing the House with strong bipartisan support in July.
Dick’s Sporting Goods To End U.S. Olympic Sponsorship
Dick’s Sporting Goods Inc said it will not renew its United States Olympic Committee (USOC) sponsorship beyond 2018, according to various reports. The decisions comes as Team USA continues to deal with fallout from the sexual-abuse scandal surrounding former gymnastics doctor Larry Nassar.
Sears Chairman Edward Lampert Makes Last-Minute Bid To Avert Liquidation
Sears won a reprieve from liquidating after its chairman, Eddie Lampert, submitted a $4.4 billion bid in an effort to purchase the retailer.
Sears To Close 80 More Sears And Kmart Doors By March
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019.
Christy Sports Rolls Out ERP Program
Christy Sports plans to implement a new ERP (enterprise resource planning) program to support its expansion. The first phase of the implementation is complete with Financials, Merchandising, POS, Mobile, Gift Card and Loyalty modules currently operational across the Christy Sports BootDoctors storefronts.
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