Acushnet Holdings Corp announced the commencement of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd.
Category: Footwear
Topo Athletic Welcomes William Manzer To Board Of Directors
Topo Athletic, the running and fitness footwear brand, appointed William Manzer to its Board of Directors.
Yaktrax And TriggerPoint Sign Winter Olympics Hopeful
Two of Implus’ specialty brands, Yaktrax and TriggerPoint, announced their partnership with accomplished athlete and 2018 Olympic hopeful, Winter Vinecki.
LAX World Shutters All Locations
LAX World has vacated its headquarters in Cockeysville, MD. and shuttered all 16 of its locations, according to a report from The Baltimore Sun.
MEC Breaks Ground On New Flagship At Eastern Gateway To Olympic Village
MEC, Canada’s outdoor gear, know-how and inspiration, broke ground on its new Vancouver flagship store.
Alibaba’s Singles Day Brought In $25 Billion in China
Alibaba Group Holding Limited announced that U.S. $25.3 billion (RMB168.2 billion) in gross merchandise volume (GMV) sales was settled through Alipay on November 11, 2017, an increase of 39 percent compared to 2016.
Oklahoma Becomes Jordan’s Third College Brand
The University of Oklahoma became the third collegiate football program to represent Jordan Brand on the gridiron with the partnership to also extend to the men’s and women’s basketball teams.
Perry Ellis CFO Leaves Company
Perry Ellis International announced that David Rattner will be leaving the company, effective immediately, to pursue other opportunities.
Deckers Sets Action To Resolve Marcato Lawsuit
Deckers Brands announced that its Board of Directors has taken the actions to address and deem resolved a lawsuit filed by an affiliate of Marcato Capital Management LP, the activist shareholder that’s seeking to replace Deckers board with its own candidates.
Adidas Q3 Boosted By North America And China
The Adidas brand, which grew 13.6 percent on a currency-neutral basis in the quarter, was led by growth of 31 percent in North America, 28 percent in Greater China and 39 percent across global e-commerce.
Christy Sports Expands Rocky Mountain Reach
Randy England, director of marketing at Christy Sports, told SGB, ”BD allowed us the opportunity to expand our footprint in Telluride and venture into a new market, Taos. They are a respected fixture in specialty ski retail with an outstanding reputation for customer service, like Christy Sports.”
Aisle Talk, Week Of November 6
Top headlines from the active lifestyle industry you may have missed this week.
Gander Mountain’s Return Now Set For 2018
Camping World has delayed the opening of its first Gander Outdoors locations until the first quarter but still expects to open 55 to 65 in 2018. Along with Overton’s, TheHouse.com, and Uncle Dan’s, Camping World expects its acquired outdoor lifestyle businesses to drive “north of $300 million” in revenues by 2019.
Mizuno’s Americas Sales Decline 7 Percent In Q2
Mizuno Corp’s sales declined 7.4 percent in the second quarter ended September 30 in the Americas region, improving from a 10.0 percent drop seen in the first six months of the year.
J. C. Penney’s Comps Improve 1.7 Percent In Q3
J. C. Penney Company Inc. reported net sales decreased 1.8 percent to $2.81 billion in the third quarter compared to $2.86 billion in the same period last year, primarily the result of the 139 stores closed this year
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