The Mountain, an eco-friendly manufacturer of t-shirts, hoodies, tank tops and apparel with creative graphics, hired Kenny Ballard, former senior vice president of operations at Osprey Packs, as its CEO.
Category: Apparel
Ten Cities Participating In ‘Safe Routes To Parks’ Pilot Program
This month, the National Recreation and Park Association (NRPA) will kick off its new Safe Routes to Parks pilot program, which aims to demonstrate how local park and recreation agencies are utilizing the Safe Routes to Parks Action Framework to increase safe access to parks and improve health outcomes in underserved areas.
Dick’s To Rein In Expansion After Rocky Q1
Said Ed Stack, chairman and CEO, “In 2017 we expect to open approximately 43 Dick’s stores, of which 19 are former TSA stores. In 2018 we expect to open between 15 to 20 stores – most of these leases are already signed. And in 2019 it can be as few as 5 to 10.”
Dick’s Q1 Hits Higher End Of Guidance
Dick’s Sporting Goods Inc. reported first-quarter earnings that arrived at the higher end of guidance, although same-store sales fell short. The retailer will also take a charge of $7 million in the second quarter related to the elimination of positions, primarily at the company’s store support center.
Jordan Brand Signs Chinese Basketball Star
In conjunction with Jordan Brand’s 20th anniversary of entering Greater China, the brand has signed its first Chinese basketball player, Guo Ailun.
Nike Signs Soccer Phenom Mallory Pugh
Pugh, 19, has also stated she will sign with the Washington Spirit in the NWSL.
J.C. Penney’s Shares Tumble On Q1 Loss
J.C. Penney’s stock plunged nearly 14 percent on Friday at $4.55 per share after the department store operator reported weak comparable sales and a massive net loss in the first quarter.
OIA Issues Call To Action To Save National Monuments Designations
In an open letter, Alex Boian, VP of government affairs & OIAPAC treasurer, Outdoor Industry Association, issued a call to action in response to President Trump’s Executive Order 13792 that calls for a review of 27 national monuments designated since January 1996.
VF Corp. Appoints Arne Arens As The North Face Global Brand President
Said Scott Baxter, vice president, VF and group president, Outdoor & Action Sports Americas, “I am confident that Arne’s passion for and deep understanding of the outdoor marketplace, coupled with his management expertise and operational agility, make him ideally suited to unlock new opportunities and accelerate growth for The North Face around the world.”
Mizuno Corp.’s Annual Profits Tumble
The decline reflects losses in the Americas and EMEA region as well as a profit decline in its home market of Japan.
L.L.Bean Opening Store In Boston Seaport
The 8,600-square-foot location will mark its fifth location in Massachusetts and the 37th store outside of Maine.
Gander Mountain To Change Name
Gander Mountain plans to change its name to Gander Outdoors, according to a tweet from its new owner, Camping World CEO Marcus Lemonis.
Asics Renews Sponsorship Of Italian Athletics Federation
As part of the five-year deal, the brand will continue to supply all competition wear at all major international competitions.
Dick’s Sporting Goods Fixes $23 Million Accounting Error
Dick’s said it should have recorded non-cash impairment and store closing charges of $32.8 million in the fourth quarter. Instead, charges of only $9.4 million were recorded on the line item in its initial report.
Mizuno’s FY17 Results Pulled Down By Americas Weakness
The Americas region showed a loss of ¥2.54 billion ($22.4 million) as sales on a currency-neutral basis dropped 16 percent.
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