Target Corp. announced a number of changes across its executive leadership team, including appointing Christina Hennington as executive vice president and chief growth officer
Category: Footwear
SFIA Finds Individual Sports Shine In 2020
Individual sports such as tennis, golf, running, hiking, skateboarding and surfing thrived in 2020 as Americans pursued a host of pandemic-acceptable sports and fitness activities, according to SFIA’s Annual Topline Participation Report.
Adidas Begins Sale Process For Reebok
Adidas AG formally announced plans to divest its underperforming Reebok brand. In December, Adidas had announced had begun a review of whether to sell Reebok.
U.S. Tennis Participation Surges In 2020, Adding Four Million Players
The United States Tennis Association (USTA) announced that tennis participation increased by 22 percent in 2020, with 21.64 million people hitting the courts according to recent data from the Physical Activity Council’s Participation (PAC) report. Of the more than 21 million Americans who said they played tennis last year, 6.78 million were new or returning players.
Adidas Partners With Richmond Athletics
The University of Richmond athletics department and Adidas have announced a five-year strategic partnership. The deal includes a hybrid model featuring ASB Sports as direct vendor.
FTC Seeks Info About Bass Pro, Sportsman’s Warehouse Deal
The Federal Trade Commission has requested more information about plans from the owner of Bass Pro Shops to purchase Sportsman’s Warehouse.
Hibbett Sports Opens Stores In Colonial Heights And Vallejo
Hibbett Sports has opened stores in Colonial Heights in Virginia and Vallejo in Northern California.
Lodging At Southeast Destinations Continuing Strong This Winter
Destinations in the Florida Panhandle along with resorts in coastal Georgia and South Carolina are tracking impressive results this winter season through the end of January, according to the most recent data released by DestiMetrics, a division of Inntopia, in its Monthly Market Briefing.
Asics Sees North America Revenues Fall 12 Percent In Q4
Asics reported sales in its North American region fell 11.9 percent in the fourth quarter and were down 17.2 percent in the year, but forecast a return to double-digit growth in 2021.
Hibbett Sports Opens Store In Columbia
Hibbett Sports announced the opening of the newest Hibbett Sports location in Columbia, SC, located at; 2734 Decker Blvd in the Fashion Place Shopping Center.
Authentic Brands Group’s Debt Ratings Outlook Upgraded
S&P Global Ratings revised its debt ratings outlook on Authentic Brands Group (ABG) to stable from negative due to stronger-than-expected third-quarter results ended Sept. 30, 2020. The rating agency also expects sustained improvements over the next year.
Klättermusen Enters Distribution Partnership With Sputnik Inc.
Klättermusen, the maker of mountaineering equipment, announced it has entered into a new exclusive distribution partnership in Japan with Sputnik Inc.
Outdoor Foundation’s Preliminary Participation Report Shows Gains In Hiking, Camping And Fishing
The Outdoor Foundation, the philanthropic arm of Outdoor Industry Association (OIA), released early topline data from its forthcoming Outdoor Participation Report that showed strong gains in hiking, camping and fishing.
New Balance Lands $3.85 Million Win in Chinese Trademark Case
New Balance has been awarded xx25 million ($3.9 million) in damages by a Chinese court in a trademark infringement case against two local companies for copying its slanting “N” logo, according to a report in The Financial Times.
Hibbett Sports’ Q4 Comps Climb 22 Percent
Hibbett Sports Inc. provided preliminary unaudited financial results for its fourth quarter that showed comparable sales increased 21.9 percent, well above the previous guidance of an increase in the high-single digits to low-double digits.
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