Believing the company’s recent partnership with famed billionaire investor Carl Icahn will be enough to fix the company, activist investor Starboard Value LP said it has no plans to drop its proxy fight against Newell Brands.
Category: Apparel
Nike Admits To Diversity Shortcomings
Coming a few weeks after allegations of inappropriate workplace behavior led to changes in the executive ranks, Nike Inc. in a memo to employees admitted to shortfalls in hiring and promoting more women and minorities to senior-level positions.
REI Co-op To Open In Kalispell, MT
This fall, REI will open a new store in Kalispell in Montana, the third store in the state.
Nike Inc. Makes Up Two-Thirds Of Foot Locker’s Sales In 2017
Foot Locker said 67 percent of the company’s merchandise in 2017 was purchased from Nike Inc., slightly down from 68 percent in 2016, according to its recently-released annual report.
A.D. Starr Becomes Official Ball Supplier Of The Little League World Series
Dick’s Sporting Goods and Dick’s Team Sports HQ announced the retailer’s bulk baseball and softball equipment business A.D. Starr has been named the Official Ball Supplier of the Little League World Series. The deal goes into effect during the 2018 season.
Sportfishing Industry Association Appoints New Membership Director
The American Sportfishing Association (ASA) announced that Kirk Ross, mostly recently with the Arkansas Cattleman’s Association (ACA), is the association’s new membership director.
Nike Pushing To Promote More Women And Minorities
Nike “has failed to gain traction” in hiring and promoting more women and minorities to senior-level positions, according to a memo sent internally to Nike’s employees Wednesday from Monique Matheson, EVP, global human resources.
Squaw Valley Alpine Meadows Continues S.W.A.G. Partnership
Squaw Valley Alpine Meadows plans to continue its partnership with the National Ski Areas Association’s winter gear collection program, Sharing Warmth Around the Globe (S.W.A.G.).
Macy’s CFO To Retire
Macy’s Inc. announced that Karen Hoguet, chief financial officer since 1997, has decided to retire in February 2019, at the completion of the company’s fiscal year.
Janji To Open Pop-Up Shop For Boston Marathon
Janji, the socially-conscious run apparel brand, is partnering with GU and JayBirds on a pop-up at the Boston Marathon.
Good News On Tariff Front For Apparel, Footwear, Outdoors Industries
Apparel, footwear and outdoors products weren’t caught directly in the crosshairs of the escalating trade war with China on Wednesday, allowing those industries to take a “deep sigh of relief,” said Matt Priest, president and CEO of the Footwear Distributors and Retailers of America.
OIA Issues Statement On China Tariffs
The Outdoor Industry Association (OIA) said that while apparel, footwear and travel goods were not included on the United States Trade Representative’s initial list of products from China subject to higher tariffs, the organization will will continue to make the case that outdoor products should not be included on the final list.
SFIA Relieved Sports & Fitness Products Are Not Target of Tariff Increases
SFIA said that while no sports and fitness products coming from China were targeted by the Trump administration for additional tariffs.they remain a potential target for tariffs, should the administration move to punish China even further.
Nike COO To Deliver University Of Montana Commencement Speech
The 2018 Spring Commencement ceremonies at the University of Montana on Saturday, May 12, will be delivered by Eric Sprunk, the chief operating officer for Nike Inc.
VF Corp. Completes Acquisition Of Icebreaker
VF Corp. has completed the company’s previously-announced acquisition of Icebreaker Holdings, Ltd., a privately-held company based in Auckland, New Zealand. The purchase price was about $200 million.
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