Shares of Canada Goose debuted above its projected range in its initial public offering and flew upward in its first day of trading.
Category: Apparel

Canada Goose Shares Soar On IPO Debut
The IPO offering of 20 million shares was priced at CA$17, or about U.S.$12.78 and opened at U.S.$18.05 in trading on the New York Stock Exchange. By late Thursday afternoon, shares had settled to close at U.S.$16.08, up 25.8 percent from its IPO price.

Hurley Collaborates With Surfing Champ Carissa Moore
The surf apparel and accessories brand also adapted key insights from Nike’s Innovation Team.

REI Delivers Robust Year In 2016
Earnings climbed 8.2 percent in 2016, helped by a 5.5 percent revenue gain and improved gross margin rate.

SFIA Again Brings Out Stars To National Health Through Fitness Day
SFIA announced that Herschel Walker, Carl Lewis and Tommy John will be among the numerous athletes and sports legends attending its 18th annual National Health Through Fitness Day in Washington, D.C.

Polartec And Oiselle Take On The Speed Project
The Speed Project is an unsanctioned ultra-relay race that starts at Santa Monica Pier in Los Angeles and ends 344 miles later at the “Welcome to Las Vegas” sign on the strip.
Fanatics Expands Relationship With International Champions Cup
Building off of last year’s partnership, Fanatics will operate in-venue retail for all 12 matches taking place across the U.S., as well as powering the online tournament shop, icc.teamfanshop.com.

Zamst Signs Pro Baseball Star Addison Russell
Zamst announced a partnership with Chicago shortstop, Addison Russell, as his official performance bracing and support provider.

REI Sees 5.5 Percent Sales Gain In 2016
Sales reached $2.56 billion in 2016. Comparable store sales, which include direct to consumer sales, were up nearly 4 percent and digital sales grew by nearly 18 percent.

RYU Apparel Appoints Senior Vice President, Retail And Operations
Brett Pawson has experience in the athletic apparel space, including with Lululemon Athletica.
J.C. Penney’s Chief Marketing Officer To Resign
J.C. Penney Co. confirmed that Mary Beth West, its chief marketing officer, has accepted the role of chief growth officer with Hershey Co.
Dick’s Sets Grand Opening Of Atlanta Location
Dick’s Sporting Goods will celebrate the opening of a new Dick’s Sporting Goods on Friday, March 31 at Perimeter Pointe in Atlanta, GA.

Implus Acquires Global Leisure Concepts
“Our historical success in Australia has largely been tied to that of our distributors,” said Seth Richards, CEO of Implus. “When the chance arose to join forces with one of our strongest partners, we saw this as a win-win for us and our retailer customers.”

Royal Robbins Passes Away At Age 82
Robbins and his wife, Liz, founded Royal Robbins in 1968 as an active lifestyle apparel company for rock climbers, adventurers and travelers.
New Balance Adds Women’s-Only Areas To Sport Chek Stores
This follows the news earlier this month that Sport Chek opened its first women’s-only store in Calgary.