REI announced three recent hires to lead its teams in legal, information technology and REI Co-op Brands: Wilma Wallace, Christine Putur and Chris Speyer.
Category: Apparel
Deutsche Bank Turns Bullish On Athletic Stocks
Deutsche Bank upgraded its stock ratings on both Lululemon and Finish Line while lifting its price targets on Nike, Under Armour, Foot Locker, Dick’s Sporting Goods, Hibbett Sports and Big 5 due to improving fundamentals for the athletic channel.
Morgan Stanley Raises Price Target On Dick’s Sporting Goods
Morgan Stanley raised its price target on Dick’s Sporting Goods to $30 from $28, believing the “company and stock are at a pivotal moment.”
Trump Sued By Patagonia, Coalition Over National Monuments Proclamation
A broad coalition of Native American, conservation, and historic preservation organizations, outdoor industry, scientists, and outdoor recreationists sued the Trump Administration to strike down what they claim is the the President’s “extreme overreach of authority in revoking the Bears Ears National Monument.”
City Sports Plots A Comeback
With its first store soon to reopen and an upcoming relaunch of its website, the new owners of City Sports are making progress toward its goal of reestablishing the athletic chain in urban centers.
Adidas Settles Forever 21 Lawsuit
Adidas reached a settlement with one of Forever 21 Inc.’s suppliers. The suit, filed in March, had charged Forever 21 with using the brand’s trademarked three-stripe design on its athletic apparel.
Decathlon Lands In San Francisco
Marking its return to U.S. retailing, Decathlon has opened a store in San Francisco on 735 Market Street in a former Golfsmith location.
Outdoor Retailer Announces Nominations For Inspiration Awards
Nominations are open for the eighth annual Inspiration Awards, presented by Adidas Outdoor, taking place January 25, 2018 at the Colorado Convention Center, as part of Outdoor Retailer + Snow Show in Denver, CO.
The Finish Line Youth Foundation Donates $373,070 In Q3
The Finish Line Youth Foundation announced its award of $123,070 in grants and $250,000 in donations for Special Olympics in the third quarter of 2017.
VF Named One Of America’s Most Just Companies
VF Corporation was named one of America’s Most JUST Companies, according to Forbes and JUST Capital, a nonprofit that ranks the U.S.’s largest publicly traded corporations on the issues Americans care about most.
Helly Hansen Partners With TowBoatUS
For the 2018 boating season, Helly Hanson is the official clothing provider of TowBoatUS captains and crew.
West Marine Announces BlueFuture Grant Recipients
Unrestricted support in the amount of $1,500 will be provided to the winners, all community-based organizations that are dedicated to getting young people on and around the water in recreational and educational capacities.
First Gander Outdoors To Open In Minnesota
The first Gander Outdoors store will open on December 13 on Lakeville, MN, the retailer said on its Facebook page.
Under Armour Adds New Senior Management In Europe And Communications
Massimo Baratto will join UA as vice president and managing director of its European business. Kelley McCormick will step into the newly created position of senior vice president of corporate communications.
Adidas Partners With USA Volleyball Athletes
Adidas formed multi-year partnerships with 16 USA Volleyball athletes vying for spots on either the 2020 Olympic and Paralympic Games rosters.
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