Most recently, Erik Burbank served as chief marketing officer at Helly Hansen.
Category: Footwear
Bass Pro And Cabela’s Celebrate Merger Closing
With a video declaring the two companies were “Moving Forward Together,” Bass Pro on Monday celebrated the closing of its $4 billion merger with Cabela’s.
Under Armour Upgraded, VF Corp Downgraded
KeyBanc Capital Markets on Monday raised its rating on Under Armour due in part to its recent hiring of Patrik Frisk as COO. At the same time, the investment firm lowered its rating on VF Corp. due in its valuation and online weakness at its jeanswear coalition and Timberland.
Bass Pro Completes Cabela’s Merger
According to a statement, the combined company is “poised to provide customers with unmatched offerings spanning premier destination retail, outdoor equipment manufacturing, world-class resort destinations and more with a strong commitment to advancing conservation initiatives.”
AlixPartners Sees Healthy Holiday Gains
AlixPartners released its forecast for US retail sales for the upcoming holiday season. The forecast anticipates an increase in sales revenue for retailers for the November-through-January period of 3.5 percent to 4.4 percent, compared with 2016 holiday-season sales.
Adidas Extends Partnership With Kansas
Adidas and the University of Kansas announced the extension of their partnership through 2031.
HanesBrands Appoints Chief Financial Officer
HanesBrands appointed Barry A. Hytinen as chief financial officer effective Oct. 16, 2017.
Dick’s Sets Grand Openings For Four New Stores
Stores will open in Lincoln, NE, Camp Hill, PA and Fayetteville, NC.
Acushnet’s Wally Uihlein To Retire
Wally Uihlein, president and chief executive officer of Acushnet Holdings, the parent of Titleist, plans to retire, effective January 1, 2018. David Maher, Acushnet’s current chief operating officer, will succeed him.
Aisle Talk, Week Of September 18
Top headlines from the active lifestyle industry you may have missed this week.
Finish Line’s Earnings Tumble In Q2
The Finish Line reported earnings tumbled 87.1 percent in its second quarter ended August 26 to $2.8 million, or 8 cents a share, as sales declined 3.3 percent. Results were in line with an update provided on August 28.
Sole Partners With Outside Sales Agencies Across Canada
Sole continues to grow their sales team by recently announcing two new partnerships with agencies Onward Up in western Canada and ASM Sports in eastern Canada.
Consumer Direct Offense Gets Heavy Play At Nike’s Annual Meeting
At Nike’s 37th annual meeting held at its Beaverton headquarters, Nike officials discussed the company’s liberal leanings, its climate change actions and new NBA partnership. But most of the time was spent talking up its “Consumer Direct Offense” initiative.
Susquehanna Upgrades Hibbett Sports On Hurricane Benefits
Susquehanna Financial Group has upgraded its rating on Hibbett Sports as it expects its stores and recently-launched e-commerce site to benefit from footwear replacement needs caused by hurricanes Harvey and Irma.
Etonic Holdings Partners With Ray Cook Brands
Etonic has chosen Ray Cook Brands to manufacture and sell golf shoes, gloves, and other accessories under an exclusive worldwide license under the Etonic name.
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