The Executive Board of Adidas has launched a multi-year share buyback program. Starting in January 2022, the company plans to buy back shares in an amount of up to €4 billion until 2025.
Category: Outdoor
REI To Open Store In Glenwood Springs
REI Co-op will open a new store in Glenwood Springs, CO in summer 2022.
26Red Opens Flagship Store In NYC
26Red, the 90’s streetwear brand, is opening its first flagship store at 145 Orchard Street in New York City.
Yamaha To Purchase Siren Marine
Yamaha Motor Corporation, U.S.A. announced its intention to purchase Siren Marine, a manufacturer of marine-based IoT (Internet of Things) solutions.
Scheels Secures Naming Rights For Legacy Sports Complex
Scheels has secured the naming rights for the multi-use sports facility that is under development in the vicinity of its store in the Legacy Pointe Town Center in Springfield, IL.
Winmark Announces Board Changes
Winmark Corporation, the parent of Play It Again Sports, announced that Kirk A. MacKenzie has informed the company of his decision not to stand for re-election to the Winmark Board of Directors.
Nitro Snowboards Partners With Burton
Nitro Snowboards entered into a boot licensing partnership for two Step On compatible boot models, hitting shops in the fall of 2022.
November Retail Sales Put Holiday Season On Track To Set New Records
Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19, the National Retail Federation said.
USA Cycling Announces New Chief Marketing Officer
USA Cycling announced that Erika Lehman will take on the chief marketing officer role in the Colorado Springs office. She comes off a growth-focused leadership role at US Figure Skating.
Strava Appoints Board Member
Strava announced the board appointment of Gustav Gyllenhammar, Spotify’s vice president, markets and subscriber growth.
Aqua-Leisure Adds Talent To Support Growth
Aqua-Leisure Recreation, LLC. announced the expansion of its team with the addition of 14 new hires and five promotions across its North America and Asia offices.
Former New Balance CEO To Lead Purple Innovation
Rob DeMartini, the former president and CEO of New Balance, has been appointed acting CEO of Purple Innovation, the digital-native mattress upstart.
Accell Group’s YTD Revenues Climb 4.4 Percent
Accell Group reported revenues for the year-to-date through November came in at €1.29 billion, up 4.4 percent versus 2020.
Footwear Unlimited Appoints EVP Spyder Footwear
Footwear Unlimited announced Jon Hanson has been named executive vice president and general manager for its Spyder Footwear brand.
AAFA Urges Biden Administration To Act On Inflation
American Apparel & Footwear Association President and CEO Steve Lamar reacted to reports that prices in America rose 6.8 percent in the 12 months ending in November—the largest rise in nearly 40 years. Prices for clothing and footwear rose 5 percent and 4.7 percent during this time.
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