The Outdoor Industry Association in partnership with Utah State University and Western Colorado University, launched select courses from its Outdoor Industry Business Certificate program. The program offers a suite of continuing education certificates tailored to outdoor industry professionals.
Category: Footwear
Nike Partners To Launch Global Carbon-Neutral Group
Nike Inc. joined eight other major corporations including Microsoft, Starbucks and Unilever, to form a new consortium with a goal of accelerating the transition to a net-zero global economy.
REI To Open Stores In Gainesville And Billings
REI Co-op on July 24 will open stores in Gainesville, FL and Billings, MO.
RYU Apparel Postpones Private Placement
RYU Apparel Inc. postponed its previously announced private placement as well as plans to go ahead with a share consolidation.
Hibbett Sports Seeing Comps Surge In Q2
Hibbett Sports said it expects same-store sales to catapult in excess of 70 percent in the second quarter ended August 1, boosted by pent-up demand, stimulus checks and temporary and permanent store closures from competitors.
NGF Update: Golf Trips Could Be Down 40 Percent In 2020
The latest consumer research from the National Golf Foundation indicates that the overall volume of golf trips in the U.S. could be down 35 percent to 40 percent in 2020 due to the coronavirus.
SDSI Expands And Lifts Geographic Limitations
San Diego Sport Innovators (SDSI), the nonprofit that has traditionally supported the Southern California’s sports and active lifestyle (SAL) economy, has lifted geographic limitations and now offers Active Lifestyle business expertise to any company in the SAL Industry.
Christie’s Partners With Stadium Goods On Rare Jordan Sneaker Auction
Christie’s announced a partnership with Stadium Goods to offer a collection of rare sneakers game-worn by or made exclusively for basketball legend Michael Jordan at an online-only auction starting July 30.
Go Outdoors Administration To Likely See Small Recovery To Unsecured Creditors
Go Outdoors, the U.K. retailer required JD Sports in a pre-pack administration, could see its unsecured creditors recoup just 1 pence in every £1 owed, according to the case’s administrators from Deloitte LLP.
Hudson’s Bay CFO To Depart
Hudson’s Bay Co., the parent of Saks Fifth Avenue and the Canadian retailer Hudson’s Bay, said Ed Record, its CFO, is leaving the company. The exit follows a deal to take the company private in March and the departure of its CEO, Helena Foulkesleft, soon thereafter.
NRF Welcomes Healthy Workplace Tax Credit
The National Retail Federation welcomed legislation introduced that would give businesses a tax credit intended to help defer the cost of employee testing, personal protective equipment, cleaning, and other steps needed to make workplaces safe during the coronavirus pandemic.
Retail Shrink Totaled $61.7 Billion In 2019 Amid Rising Employee Theft And Shoplifting/ORC
Theft, fraud and losses from other retail “shrink” totaled $61.7 billion in 2019, up from $50.6 billion the year prior as industry security executives reported increases in the number of shoplifting, organized retail crime and employee theft incidents, according to the annual National Retail Security Survey released by the National Retail Federation.
Foot Locker Amends, Repays Credit Agreement
Foot Locker Inc. said in a regulatory filing that on July 14 it extended the maturity date of its revolving credit facility to July 14, 2025, and expanded the aggregate commitments of the lenders under the facility to $600 million.
L.L. Bean Inks First Wholesaler Partnerships In The U.S.
L.L. Bean plans to sell its products at Nordstrom, Staples and Scheels in its first foray into wholesale in the U.S.
Nike Training Club App To Remain Permanently Free
Nike has made Nike Training Club (NTC) permanently free after waiving the app’s premium fee in April for a limited time to help people stay active in their homes while quarantining due to COVID-19.
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