According to Forbes, Michael Jordan, the endorser that put Nike on the map, again ranked far ahead of other players in royalties from shoe deals. Jordan earned $110 million last year, according to the business magazine.
Category: Apparel
The North Face Honors Alex Honnold’s El Capitan Feat
In a full-page ad in The New York Times, The North Face honored Alex Honnold becoming the first person ever to climb without ropes or other safety gear the nearly 3,000-foot granite face known as El Capitan in California’s Yosemite National Park.
L.L. Bean Facility Briefly Evacuated After Bomb Threat
Last Thursday evening, about 200 employees were evacuated at an L.L. Bean manufacturing facility in Brunswick, ME due to a bomb threat.
Adidas Hosts Run For The Oceans
On Thursday night, Adidas and Parley for the Oceans invited their communities of runners, athletes, ocean ambassadors, environmentalists, artists, influencers and media to unite during their first ever Run For The Oceans in New York City.
Canada Goose Sees ‘Tremendous’ White Space For Growth
In Canada Goose’s first investor conference since going public in March, Dani Reiss, president and CEO, railed against many of the “fake brands” in the active space while asserting Canada Goose remains in the early stages of growth.
Aisle Talk, Week Of June 5
Top headlines from the active lifestyle industry you may have missed this week.
Vail Resorts Wraps Up Strong Winter Season
Vail Resorts Inc. closed out the winter season with strong third-quarter results as strong visitations to recently acquired Whistler Blackcomb as well as Park City helped offset the impact of weaker snowfall in Colorado.
Hudson’s Bay To Cut 2000 Jobs
HBC, the parent of Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue and Gilt, announced its Transformation Plan focused on identifying efficiencies, streamlining processes and improving back-of-store productivity in North America.
Nike’s Breaking2 To Become A Documentary
Nike has partnered with National Geographic to produce a one-hour documentary on its Breaking2 effort to beat the two-hour marathon record.
Camping World Will Seek To Undercut Competition With New Gander Stores
Speaking at Stephens 2017 Spring Investment Conference, Marcus Lemonis, chairman and CEO of Camping World, said the company is not only planning to reduce the amount of firearms in the reborn Gander Mountain stores but also vowed to underprice any nearby competition.
Lululemon Opens First Run-Centric Store
The location, called Le Local and located on Montreal’s Mile End, features only running apparel, bras and accessories but also serves as a community hub.
Oiselle, Polartec Unveil ‘Birdstrike’ Film In Partnership With REI
Team Birdstrike’s experience in The Speed Project is documented in a short film, which will debut at REI as a part of its Force Of Nature campaign.
Nordstrom Exploring Going Private
Nordstrom Inc. announced that members of the Nordstrom family – company Co-Presidents Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom, President of Stores James F. Nordstrom, Chairman Emeritus Bruce A. Nordstrom, and Anne E. Gittinger – have formed a group to explore the possibility of pursuing a “going private transaction.”
Volcom Launches Global Campaign #ThisFirst Rewarding Passion Projects
The Southern California-based lifestyle and apparel company officially launched #ThisFirst – a global initiative seeking inspired and dedicated applicants who will be offered an opportunity to ditch their day job and focus on the one thing they wish they could do full time.
Under Armour Introduces Footwear Customization Platform
Under Armour unveiled a new platform allowing customers to customize athletic shoes by uploading their own images and selecting prints and colors.
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