For the second year in a row, finisher numbers for Fourth of July races increased, ranking the holiday as the second most popular among runners in 2016, sitting only behind Thanksgiving, according to Running USA.
Category: Apparel
Russell Athletic To Lose Southern Miss
The University of Southern Mississippi is planning on exiting its agreement with Russell Athletics next year, according to a report in the Hattiesburg American.
Helly Hansen’s 2016 Revenues Expand 6.4 Percent
Helly Hansen reported revenues in 2016 grew 6.4 percent to NOK 2.66 billion ($318 mm) despite reducing the product line by 25 percent. Organic revenue growth came to 4 percent.
Adidas Creates Women Artists UltraBOOST X Series
Adidas and Refinery29 is partnering with celebrated female artists to create one-of-a-kind pairs of UltraBOOST X representing all 50 states.
Nike Sues Rob Gronkowski
Nike filed a formal opposition to the USPTO Trial & Appeal Board, asserting a logo of New England Patriots tight end Rob Gronkowski’s company, Gronk Nation LLC, looks similar to the Air Jordan “Jumpman” logo that has been in use since November 1987, ESPN reports.
Supra Signs Skateboarder Clint Walker
Supra announced pro skateboarder Clint Walker has joined its skate team.
Puma Invests In Canadian Business
Puma announced a future reorganization of the Canadian business and a further investment into the growing Canadian market. The brand plans to centralize their operations for a more efficient approach.
Nike Confirms Sales Through Amazon As Q4 Tops Expectations
“As we do with all of our partners, we’re looking for ways to improve the Nike consumer experience on Amazon by elevating the way the brand is presented and increasing the quality of product storytelling,” said Mark Parker, chairman, president and CEO, on a conference call with analysts.
Aisle Talk, Week Of June 26
Top headlines from the active lifestyle industry you may have missed this week.
Helly Hansen Upbeat About 2017 Following Strong 2016
Helly Hansen said all countries moved to profitability in 2016, including the USA for the first time.
West Marine To Go Private
West Marine Inc. has reached an agreement to be acquired by Monomoy Capital Partners, a New York-based private equity fund, for $12.97 per share in cash, which represents a total equity value of $338 million.
Golf Rounds Slide In May
According to Golf Datatech, golf rounds played in May declined 6.3 percent.
Rossignol North America Appoints President
On July 17, 2017, Francois Goulet will assume the role of president of Group Rossignol in North America. Most recently Goulet worked for the VF Corporation as its Vice President, GM for The North Face Americas Division.
Nike Handily Tops Q4 Estimates
Nike’s earnings in its fourth quarter easily topped Wall Street’s targets with help of a reduction in expenses and double-digit growth in Greater China, and the Emerging Markets. Sales were flat in North America.
Storelli Signs English Premier League Stars
Brooklyn-based sports technology start-up Storelli unveiled two new global ambassadors, Manchester United and England winger Jesse Lingard and EPL-winning Chelsea and Spain defender César Azpilicueta.
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