L.L.Bean plans to open the company’s second Wisconsin store May 11 with giveaways and an outdoor party.
Category: Footwear
Yue Yuen Issues Profit Warning
Yue Yuen Industrial Ltd. said it expects to record a decrease of around 20 percent to 25 percent in profit for the three months ended March 31.
Nike Appoints New GM Of Global Categories
Nike Inc. announced that Amy Montagne has become the new VP, GM of global categories. Nike also confirmed that Kellie Leonard has become its first-ever chief diversity and inclusion officer.
SGB Executive: Q&A with Matt O’Toole, President, Reebok
SGB Executive talked to Matt O’Toole, Reebok’s president, about the fitness-first brand’s headquarter’s move to the heart of Boston, the Muscle Up turnaround strategy, and untapped growth opportunities.
Inov-8 Named Official Footwear Of OCR World Championships
The Obstacle Course Racing (OCR) World Championships announced that Inov-8 has signed on the Official Footwear Brand of the 2018 championships.
Implus Acquires Winter Traction Brand Stabil
Implus, a Durham, NC-based provider of athletic, fitness and outdoor accessories, has acquired 32 North Corp., dba Stabil, the maker of Stabilicers, Stat-A-Rest and Stabil Turf performance footwear traction products made in the U.S. and Canada. Terms were not disclosed.
Ex-Adidas Team Director Pleads Guilty In NCAA Bribery Case
The former director of an Adidas-sponsored travel basketball team, Thomas “T.J.” Gassnola, pled guilty to federal wire fraud charges and agreed to cooperate with prosecutors in the government’s NCAA basketball bribery case, according to court documents made public Friday.
Implus Expands Independent Retail Sales Team With New Territory Managers
Implus expanded its independent retail sales team with the addition of seven new territory managers to better support specialty retailers for Balega, FuelBelt, Yaktrax, DryGuy, TriggerPoint, Perfect, FootZen, Sof Sole, Spenco, Harbinger, Perfect and Sneaker Balls.
Nike Named Official Partner Of Berlin 2018 European Athletics Championships
Nike signed on as the Official Partner of the Berlin 2018 European Athletics Championships.
K-Swiss Partners With Esports Team
K-Swiss announced a new partnership with premier esports organization, Immortals, to launch the first signature sneaker for a professional gaming team.
Aisle Talk Week Of April 23
Top headlines from the active lifestyle industry you may have missed this week.
Columbia’s Strong Q1 Sparks $10M Investment Plan
An impressive first-quarter performance not only increased Columbia Sportswear Co.’s sales expectations for 2018 but also bolstered plans for the company to invest $10 million in e-commerce and other capabilities in the second half of the year.
Columbia Sportswear Net Income Soars 25 Percent In Q1
Columbia Sportswear Co. reported that net income grew 25 percent to $45.1 million on 12 percent revenue surge in the first quarter, beating analysts’ estimates. First-quarter net income was $45.1 million, or 64 cents per share, compared with first quarter 2017 net income of $36 million, or 51 cents per share. Analysts expected the company to earn 58 cents per share in the quarter.
Adidas Signs Wyoming
Adidas reached an agreement to become the official athletic footwear, apparel and accessory for the University of Wyoming.
Amer Sports’ Q1 Boosted By DTC, China And Arc’teryx
Amer Sports’ operating earnings before charges rose 14 percent in the first quarter, boosted by robust growth across its DTC channels and in China as well as strong momentum for Arc’teryx, Precor and Sunto.
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