Aisle Talk Week of November 26

Top headlines from the active lifestyle industry you may have missed this week, including analysis from The Running Event (TRE), which shows that the industry is flying high once again after a couple of years of declining sales in the run specialty channel.

LL Bean Family Members Donate $4M To Maine Medical Center

Medical Center announced today a gift of $4 million provided by Lisa Gorman and the children of L.L. Bean Chairman Emeritus Leon Gorman and their spouses. In recognition of the gift, the planned Congress St. building lobby will be named after the late Leon Gorman.

New Balance To Sign Kawhi Leonard

New Balance, in another major step in its return to basketball, has signed Kawhi Leonard, the star forward for the Toronto Raptors, to an endorsement deal.

Spartan Launches Trail Events

With the growing sport of trail running attracting more than 9.1 million annual U.S. participants, Spartan, the world’s largest obstacle course race (OCR) and endurance brand, plans to expand its fitness footprint with the launch of a new race product, “Spartan Trail.” The new trail running series, combines a classic approach to trail running with the Spartan ethos.

Asics America Appoints Sean Mannion As VP Of Sales

Asics America Corp. has appointed Sean Mannion, formerly at Under Armour, as VP of sales. His last position at Under Armour was general manager and senior director of sales, managing footwear, apparel and accessories in the sporting goods, mall and family retail channels.

Tilly’s Stock Takes Hit On Missed Guidance

Shares of Tilly’s tumbled $3.22, or 21.1 percent, to $12.04 on Thursday after the action sports retailer reported earnings and sales that landed at the lower end of guidance. EPS guidance for the current quarter was also lower than planned.

FLA Re-Accredits New Balance

The Fair Labor Association (FLA) announced the reaccreditation of the New Balance social compliance program, confirming that the company has policies and practices in place to monitor and remediate labor abuses in its global supply chain.