The World Federation of the Sporting Goods Industry (WFSGI) will host the sixth annual World Manufacturers Forum in Ho Chi Minh City, Vietnam, December 11-12. The event, “Manufacturing 4.0: Steps Towards a Future Vision,” will feature a wide range of keynote speakers discussing academics, consumer goods, electronics and other sectors.
Author: SGB Media
Vail Resorts Closes $64 Million Acquisition Of Stevens Pass Resort
Vail Resorts Inc. on Wednesday announced that the company has closed on the company’s acquisition of Stevens Pass Resort in Washington from Ski Resort Holdings LLC, an affiliate of Oz Real Estate.
Squaw Valley Alpine Meadows Appoints Ron Cohen President & COO
Squaw Valley Alpine Meadows and Alterra Mountain Co. announced Wednesday that Ron Cohen has been named president and COO of Squaw Valley Alpine Meadows. Cohen, who has served as interim president and COO at the resort since April, will move into the permanent position effective immediately.
Eventbaxx Expands In U.S. With San Francisco Office
Eventbaxx, which provides digital goodie bags for events, is opening an office in San Francisco, CA, to increase the company’s presence in the U.S. market.
Infinit Named Official Hydration Sponsor Of Interbike OutDoor Demo
Infinit Nutrition has been named the official hydration sponsor of the 2018 Interbike OutDoor Demo for the second year in a row.
ActiveWorks Endurance Expands Marketing Reach With Garmin Coach
Active Network, a provider of a suite of race management tools, has collaborated with Garmin International Inc. to integrate listings on Active.com with Garmin Coach through a new system integration (API), providing Active’s customers and their endurance events with expanded marketing reach.
July Retail Sales Increase 4.9 Percent Over 2017
July retail sales were up 0.4 percent seasonally adjusted from June and increased 4.9 percent unadjusted year-over-year, giving the industry a solid kickoff for the third quarter as consumers continued to spend despite concerns about the growing trade war, the National Retail Federation said Wednesday.
Differential Brands Group Sales Dip 1 Percent In Q2
Differential Brands Group Inc., a portfolio of global premium consumer brands comprised of Hudson Jeans, Robert Graham and SWIMS, reported that total company net sales for the second quarter ended June 30 decreased 1 percent from the same quarter last year to $36 million.
Macy’s Raises Guidance After Q2 Earnings & Revenue Beat
Macy’s Inc. raised the company’s guidance for fiscal 2018 after topping Wall Street’s earnings and revenue expectations in the second quarter. The company reported revenue of $5.57 billion, a decrease of 1.1 percent from Q2 2017 but ahead of analysts’ estimates by $20 million.
HUF Appoints Former Volcom Executive Eddie Miyoshi As CEO
Skate and streetwear brand HUF Worldwide LLC has appointed former Volcom executive Eddie Miyoshi as the company’s new CEO.
Camber Outdoors Announces Five Camber Exchanges In August
Camber Outdoors, the active-outdoor industries organization committed to a vision of everyone’s outdoors, is excited to announce five August events in the 2018 Camber Exchange series.
Tennis Industry To Hold Meetings In NYC Aug. 27-28
In conjunction with the 11th annual Tennis Forum in New York, the Tennis Industry Association will present a special session on “The Future Commerce Initiative” by renowned industry expert and thought leader Dan O’Connor. The session, which will deal with how tennis businesses can navigate the complexity of retail in today’s world, will be at the Grand Hyatt New York on Tuesday, Aug. 28, from 9 to 11 a.m.
Perry Ellis Ends Discussions With Randa Accessories
The special committee of the Perry Ellis International board of directors on Tuesday confirmed that the committee has terminated discussions with privately held Randa Accessories Leather Goods LLC with respect to the offer to acquire Perry Ellis for $28.90 per share in cash.
REI To Open First Store In Memphis, TN
Outdoor co-op REI will open the company’s first store in Memphis, TN, on August 24. The new 23,000-square-foot store will offer a wide assortment of quality outdoor gear, experiences and expertise, as well as a full-service bike shop.
Next Level Apparel Acquired By Private Equity Firm
Blue Point Capital Partners has acquired and recapitalized Gardena, CA-based clothing company Next Level Apparel Inc. Terms of the deal were not disclosed.
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