The second annual Wearable Tech Summit will take place at CES 2018 on Thursday, January 11.
Category: Apparel
Many Active Stocks Miss Market Rally In 2017
While the broader stock markets soared to record highs in 2017, many major stocks in the active lifestyle industry weren’t invited to the party.
Aisle Talk, Week Of December 25
Top headlines from the active lifestyle industry you may have missed this week.
Dick’s To Honor $9.98 Houston Astros Jersey Deal After Pricing Glitch
Following an uproar across social media, Dick’s Sporting Goods said it plans to ”honor the price” of World Series replica jersey that were priced at $9.98 due to a pricing error.
Alstyle Apparel To Close California Distribution Center
Alstyle Apparel, theT-shirt and sweatshirt company acquired by Gildan Activewear in 2016, is closing its distribution center in Anaheim, CA., affecting 81 jobs, according to notices filed with the state Employment Development Department.
DA Davidson Raises Price Targets On Sportsman’s Warehouse And Callaway Golf
DA Davidson raised its price target for Sportsman’s Warehouse due to the tax change and improving underlying trends as well as Callaway Golf due to its TopGolf investment.
Adidas Signs First Female Pro Skateboarder
Adidas welcomed Nora Vasconcellos to its roster of pro skateboard ambassadors, representing its first-ever female rider.
B Riley Raises Price Target On Finish Line
“We believe management sounded more positive on the outlook for more innovation and product newness for the end of 2017/beginning of 2018, though new product will likely still have a smaller impact due to penetration until F2H19,” wrote analyst Susan Anderson in a note.
Under Armour Sued For Use Of “I Can”
Under Armour is facing a trademark infringement for using the words “I Can” as part of slogans on t-shirts by the alleged owner of the “Ican” trademark.
Callaway Golf Further Invests In Topgolf
In a regulatory filing, Callaway Golf Company said that it had invested an additional $20.0 million into Topgolf International, Inc., doing business as Topgolf Entertainment Group.
Ironclad Performance Wear Finds Buyer
Ironclad Performance Wear, best known for its performance work gloves, has been acquired by Brighton Best International Inc. in bankruptcy proceedings.
SurfStitch’s CEO Departs
SurfStitch Group, the Australia-based online action sports retailer that collapsed into voluntary administration in August, said its CEO, Mike Sonand, has stepped down.
Report: REI To Close Store In Schaumburg
REI will close its location in Schaumburg, IL on January 11, according to the Daily Herald.
Camber Outdoors To Hold Thought-Leadership Keynote
On Saturday morning, January 27, Outdoor Retailer show attendees can explore women’s leadership with CEO Pledge pioneers Donna Carpenter, CEO Burton, Sally McCoy, former CEO CamelBak, Jerry Stritzke, CEO REI, and Ken Meidell, CEO Dakine.
Free Country Partners With The Fresh Air Fund
To celebrate the launch of the partnership, Free Country held an ice-skating event for Fresh Fund children and their families at The Rink at Bryant Park. The event was hosted by five-time Olympic Medalist Nastia Liukin.
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