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.
Category: Apparel
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.
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.
New Arc’teryx Brand Store Opens In Fukuoka, Japan
Arc’teryx continues to expand in the Japanese market with the recent opening of a new brand store in Fukuoka. With 264 square meters located in two floors, it is the brand’s largest in-mall-store in Japan.
LeftLane Sports Cyber Monday Sales Climb 30 Percent
LeftLane Sports announced that its Cyber Monday sales were up 30 percent company-wide over last year. In addition, the company had its largest sales day in its history during its November promotion.
Smartwool Rolls Out Advocacy Efforts
Throughout the holiday season, Smartwool is pledging to donate to Protect Our Winters and SOS Outreach. At the same time, Smartwool employees are tackling hands-on projects to show their support for Colorado families experiencing food insecurity, members of the military serving overseas, and underserved youth around the country.
FLA Re-Accredits New Balance
The Fair Labor Association (FLA) announced the reaccreditation of the New Balance social compliance program, confirming that the company has policies and practices in place to monitor and remediate labor abuses in its global supply chain.
Dick’s Top-Line Struggles Continue
Dick’s Sporting Goods Inc. increased its 2018 earnings guidance for a third consecutive quarter as earnings easily beat Wall Street’s targets, thanks to stringent expense controls. Sales, however, came in lower than Wall Street’s targets due to the continued drag from hunt and activity trackers categories, weakness at Under Armour and flat footwear comps.
Sportsman’s Warehouse Shares Rise After Mixed Q3
Shares of Sportsman’s Warehouse Holdings Inc. were up 23 cents, or 4.9 percent, at market close Wednesday after the company posted mixed performance for the third quarter despite numerous headwinds, most notably weather-related.
Tilly’s Q3 Profits Slide On Calendar Shift
Tilly’s reported third-quarter earnings fell 27.3 percent in the third quarter due to a calendar shift and landed at the low-end of guidance. Comps rose 4.3 percent, also at the lower end of guidance.
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