Turner’s Outdoorsman stated that Gene Lumsden will retire as chief executive officer on June 30, 2017. The board of directors elected Bryan Harris to be the company’s president and CEO, effective July 1.
Category: Footwear
Nike Faces EU Probe Over Sales Terms
Nike as well as Universal Studios and Hello Kitty owner Sanrio are being accused of imposing anticompetitive restrictions on distributors of their products by European Commission antitrust regulators.
Newell Brands Reaffirms Outlook
Newell Brands will reaffirm its fiscal year 2017 outlook, as provided in its first quarter 2017 earnings press release dated May 8, 2017, during its presentation tomorrow at the Deutsche Bank Global Consumer Conference in Paris.

AJC Peachtree Road Race Repeats As Biggest Race
The running race with the most finishers was again AJC Peachtree Road Race, with 56,993. That was followed in the top five by TCS New York City Marathon, BolderBOULDER, Lilac Bloomsday Run and Bank of America Chicago Marathon.

La Sportiva Partners With Colorado Mountain School
La Sportiva inked an agreement with Boulder-based Colorado Mountain School (CMS), to be the official footwear provider of the world-renowned guide service.

K2 Snowboarding Welcomes Thomas Johnson As New Marketing Manager
In his new role, Johnson will oversee all aspects of K2 Snowboarding’s marketing program alongside Global Brand Director Hunter Waldron, Digital and Social Marketing Specialist Nick Meilleur, and Marketing Coordinator Dan Mayers.

BSN Sports Snaps Up Academy Sports In Utah
Continuing its consolidation of the team dealer channel, BSN Sports said it had acquired Academy Sports based in Salt Lake City, UT.

Unsecured Creditors Urge Rejection Of Payless Confirmation Plan
In urging a Missouri bankruptcy court to deny approval of Payless’ reorganization plan, the case’s unsecured creditors committee charged that Golden Gate Capital and Blum Capital Partners had “siphoned over $400 million out of the debtors” following the retailer’s 2012 IPO.

BSN Sports Acquires Salt Lake City-Based Academy Sports
Academy, serving team customers since 1991, is a leading distributor of team apparel and equipment in Utah.

Bass Pro Named To List of “America’s Most Reputable Companies”
Bass Pro Shops has been named one of “America’s Most Reputable Companies” by Forbes magazine in recognition of the public’s trust in the organization.

Study: About 2.2 Billion People Are Overweight Or Obese Worldwide
About 2.2 billion children and adults suffer from health problems related to being overweight or obese, and an increasing percentage of people die from these health conditions, according to a new study published in The New England Journal of Medicine.

Back-to-School Shopping To Grow 4.0 percent in 2017
U.S. retail sales during the back-to-school shopping season of July and August 2017 will grow 4.0 percent over 2016, according to eMarketer’s latest forecast. E-commerce for the back-to-school season are expected to grow 14.8 percent.

Adidas Partners With Arizona State To Reshape Sports
Adidas and Arizona State University announced the Adidas and Arizona State University Global Sport Alliance, a strategic partnership aimed at shaping the future of sport and amplifying sport’s positive impact on society.

The Conservation Alliance Responds To Call For Bears Ears Monument Boundary Revision
John Sterling, executive director, Conservation Alliance, wrote, “”It is hard to square Secretary Zinke’s recommendation with the fact that more than one million people commented in support of keeping the Bears Ears boundaries fully intact.”

Sports Direct Lifts Finish Line Stake
Sports Direct International, the U.K.’s largest sports goods retailer, lifted its stake in Finish Line to 18.9 percent from 17.4 percent previously.