Wear Pact LLC (PACT), a Boulder, CO-based ethical and organic apparel basics brand, announced that the company has closed the second round of equity financing with Revelry Brands LLC.
Category: Apparel
Lululemon Names Patrick Guido Chief Financial Officer
Most recently, Guido served as treasurer and vice president of corporate development at VF Corp., managing capital allocation strategies, mitigating global financial risk, and executing on multiple strategic initiatives for the company.
Report: Under Armour MLB Deal Delayed Until 2020
Under Armour’s deal to make Major League Baseball uniforms will now start in 2020 instead of 2019, multiple sources confirmed to ESPN.com.
Big Day For Americans At Boston Marathon
Desiree Linden, who trains for the Hansons-Brooks Original Distance Project, became the first American woman to win Boston since 1985. She joined a number of American women and men finishing among the top ten in the race.
Nike’s Head Of Diversity Exits
Antoine Andrews, Nike’s VP, diversity and inclusion, has left the company, according to Bloomberg. His exit comes after allegations of inappropriate workplace behavior led to changes in March in Nike’s executive ranks.
Camping Taking Off
Driven by an influx of younger and more ethnically diverse newcomers, camping is making a comeback with more than 6 million campers arriving over the last three years, according to the 2018 North American Camping Report. The report still found conflicted about technology as part of the camping experience and their commitment to “un-plug” in the outdoors.
Frank Hugelmeyer Sees RVs Supporting Camping’s Growth
With the RV (recreational vehicle) industry seeing record sales over the last three years at a double-digit growth pace, it’s no surprise to Frank Hugelmeyer, president of the Recreation Vehicle Industry Association (RVIA), that camping is seeing an uptick.
March Retail Sales Increased 5 Percent Over Last Year
March retail sales increased 0.3 percent seasonally adjusted over February and 5 percent year-over-year as the economy continued to grow, the National Retail Federation said. Sporting goods stores were down 0.9 percent year-over-year and down 1.8 percent from February seasonally adjusted.
The Conservation Alliance Kicks Off First Backyard Collective Event
More than 200 volunteers from six member companies participated in The Conservation Alliance’s Backyard Collective stewardship event in Santa Barbara, CA on Thursday, April 12.
Headsweats Is Official Headwear Partner Of MultiRace For Second Year
Headsweats, the manufacturer of performance headwear, announced a partnership with multi-sport event management company MultiRace for the second year in a row.
ACT Lab Adds Phil Bash To Global Sales Team
ACT Lab, the independent, third-party accredited laboratory that conducts safety and compliance testing for the bike and outdoor industries, has announced the addition of Phil Bash to the lab’s global sales team, effective immediately.
Outdoor Recreation Roundtable Outlines Priorities With Beltway And Industry Leaders
Congressional and administration officials joined recreation industry leaders on April 12 to mark the formal launch of the nation’s premier coalition of outdoor recreation trade associations, the Outdoor Recreation Roundtable (ORR).
Nike Awards Community Grants To Nine Memphis Nonprofits
The Nike North America Logistics Campus in Memphis presented $80,000 in grants in $5,000 to $10,000 increments to nine local organizations focused on helping kids become more physically active.
Unifi Lowers Guidance On Margin Pressures
Unifi Inc. reported third-quarter earnings came in lower-than-expected due to a “challenging global cost environment and softer domestic demand.” Revenues rose 3 percent.
Sportsman’s Warehouse To Hold Grand Opening In Walla Walla
Sportsman’s Warehouse is expanding operations to include a new retail location in Walla Walla, WA.
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