Apparently skirting any major impact from calls for a boycott over political contributions, L.L.Bean was able to deliver sales in 2016 that were flat against the prior year.
Category: Apparel
Paramount Apparel International Acquires Back 9
The manufacturer and distributor of headwear, apparel and accessories acquired Back 9 USA LLC, a golf lifestyle brand established in 1997.
Majestic Launches ‘My Team My Colors’ Campaign
The campaign shows players painting a canvas depicting their MLB city – with their team colors – using their tools of the trade.
Jeff Phillips Out At Fleet Feet Sports
Jeff Phillips has stepped down as president and CEO of Fleet Feet Sports. In a statement, Joey Pointer, CFO of Fleet Feet Sports, said he will be partnering with the Fleet Feet Sports board of directors “to lead the company through this change.”
Fanatics Partners With Oakland A’s
“This partnership will provide fans the A’s apparel they want while helping us increase the overall fan experience,” said Oakland A’s President Dave Kaval.
New Era Brings Back #CapsOn MLB Campaign
New Era partnered with Major League Baseball to bring back the #CapsOn campaign in time for opening day, April 3.
J.C. Penney Discloses 138 Stores Being Closed
J.C. Penney on Friday released a list of 138 stores it plans to close. In January, it said it would close 130 to 140 locations.
Burton’s Chief Creative Officer Forms Agency
Burton said longtime Burton chief creative officer, Greg Dacyshyn, has decided to venture out on his own after more than two decades at Burton to start his own creative agency called ‘Camp High’.
L.L.Bean Reports Flat Sales For 2016
L.L.Bean announced sales in 2016 were $1.6 billion, up slightly from the prior year. The L.L.Bean family and board of directors approved payment of a 3 percent discretionary cash performance bonus to approximately 6,000 eligible employees.
MC Sports To Wind Down Headquarter Operations Starting March 31
While still seeking a buyer for the business as a going concern as part of its bankruptcy recovery efforts, MC Sports plans to wind down operations at its headquarters and distribution center starting March 31.
Aisle Talk, Week Of March 13
Top headlines from the active lifestyle industry you may have missed this week.
Active Brands Gains FSN Capital IV As Investor
FSN Capital IV signed an agreement with Holta Invest to acquire a majority stake in Active Brands, a Nordic supplier of premium sporting goods brands including Kari Traa, Dæhlie, Bula and Sweet Protection.
Former Patagonia CEO Makes Massive Land Donation In Chile
The donation from Kristine Tompkins is being billed as the world’s largest donation of privately held land.
Ibex Outdoor Clothing Introduces Impact Fund
Ibex’s CloseKnit social responsibility team will select deserving non-profit organizations to receive monetary and product donations.
Canada Goose Goes Public
Shares of Canada Goose debuted above its projected range in its initial public offering and flew upward in its first day of trading.
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