Yue Yuen Industrial Limited reported recorded revenue of $6.72 billion in the nine months ended September 30, 2017, representing 6.7 percent growth.
Category: Sports/Fitness
Marcato Releases Investor Presentation To Deckers Stockholders
Marcato Capital Management LP, which is seeking to replace Deckers entire board with its own candidates at the company’s upcoming annual meeting, released a detailed presentation promoting its plan to drive long-term stockholder value at Deckers.
Cowen Downgrades Finish Line On “Skyrocketing” Promotions
Cowen & Co. lowered its rating on The Finish Line to “underperform” from “market perform” due to signs of “skyrocketing” promotions at the retailer. The investment firm also found that Finish Line was continuing to undercut prices of Nike and Adidas online, posing a risk it may see less access to those key brands in the future.
Jordan Brand To Sponsor French Basketball Federation
Jordan Brand has signed on as the official uniform supplier of the French Basketball Federation. The brand will outfit the organization’s men’s and women‘s senior, 3×3 and youth teams.
Titleist Ball Plant 3 Opens Its Doors For Manufacturing Tours
Starting this month, Titleist is offering golfers the opportunity to visit the center of Titleist golf ball technology – Titleist Ball Plant 3 in New Bedford, MA – and witness firsthand the making of the No. 1 ball in golf.
Acushnet Shareholder To Sell Shares
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.
Gatorade To Sponsor Manchester City
Manchester City agreed a multi-year partnership making Gatorade the Club’s Official Sports Nutrition Partner.
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.
Athleta Gives GiftNow A Place In Stores
Athleta has partnered with Loop Commerce go live with GiftNow, a technology and service that allows consumers to select a specific item and send it online.
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.
Aisle Talk, Week Of November 6
Top headlines from the active lifestyle industry you may have missed this week.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal