SGB Executive Footwear
PrimaLoft Finds New Investor To Support Growth
Said Mike Joyce, president and CEO of PrimaLoft, “Our new partnership with Victor Capital will provide the capital, commitment and operating support to drive our technological innovation and market development to new levels.”
Susquehanna Downgrades Deckers Over Ugg Weakness, “Unrealistic” Marcato Plan
“Marcato’s plan to drive shareholder value at DECK is either overly optimistic or completely unrealistic,” wrote Susquehanna analyst Sam Poser in a note. “We lean towards the latter.”
IHRSA: Boutiques Continue To Lead Health Club Gains
Membership in U.S. health clubs reached an all-time high in 2016, thanks to 15 percent growth at boutique studios, according to the 2017 IHRSA Health Club Consumer Report. Studio members tend to a decade younger than the overall average for all facilities and are more ethnically-diverse.
Aisle Talk, Week Of October 9
Top headlines from the active lifestyle industry you may have missed this week.
Did The ‘Pay To Play’ System Cause The U.S.’s World Cup Failure?
The failure of the U.S. men’s national soccer team to qualify for the 2018 World Cup in Russia to some points to a broader problem around youth sports participation.
Adidas Winning, Nike And Under Armour Losing With Teens
According to Piper Jaffray’s Taking Stock With Teens research survey, Adidas, Vans, Birkenstock and Supreme are seeing some of the biggest gains in earning teens’ affection. The losers among the larger bands in the active space include Nike, Ugg and Under Armour.
Camping World Snaps Up Uncle Dan’s
Camping World said the acquisition of Uncle Dan’s will position the company for further growth to its expanding e-commerce platform at udans.com, by increasing customer reach and adding new quality product offerings.”
Aisle Talk, Week Of October 2
Top headlines from the active lifestyle industry you may have missed this week.
Merry Holiday Forecasts Arrive
The NRF (National Retailer Federation) became the latest organization predicting robust sales for the holiday season. Gains are expected to be helped by low unemployment, rising stock markets and another year of double-digit online spending gains.
Susquehanna Downgrades Finish Line On Recent Run-Up
Susquehanna Financial Group lowered its rating on The Finish Line to “Neutral” from “Positive” because the stock’s recent spike in price now “fairly reflects the probability of a takeout by Sports Direct.”
Russell Throws In The Towel On Uniforms
Kevin Reber, VP of sales, Russell Athletic, said in a letter to team dealers, “We are proud of our heritage, but to build lasting relationships with a new generation of athletes, we will need to focus our efforts and play to our strengths.”
Aisle Talk, Week Of September 25
Top headlines from the active lifestyle industry you may have missed this week.
Zumiez Focuses On Culture And Newness
Zumiez’s focus on employee empowerment and commitment to new brands continues to be the cornerstones of its success, Chris Work, its CFO, said Thursday at the B. Riley 3rd Annual Consumer Conference.
Shoe Carnival Testing Puma Shops
Following last year’s promising roll out of Nike shops, Shoe Carnival is testing Puma in-store shops in several stores.
Will Sports Marketing Change Post-Bribery Scandal?
Will the arrest of Jim Gatto, the director of global sports marketing at Adidas, in the college basketball bribery scheme soon lead to charges against other sports industry execs and an overhaul of sports sponsorships?
