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Lululemon Lifts Outlook after Promising First Quarter
Lululemon Athletica Inc. upped its revenue outlook for 2016 as first-quarter sales came in stronger than expected and profits reached the high-end of its guidance.
Duluth Trading Reports Strong First Quarter, Affirms Retail Expansion
Duluth Holdings Inc. reported net sales increased 20.8 percent in fiscal first quarter ended May 1 as it continued to invest millions, raised in its IPO, opening new stores and buying television advertising.
Outdoor Tech Founder Krissman Exits Company
Outdoor Tech Founder and CEO Caro Krissman has sold his shares to the brand’s lead investor and is on the prowl for his next CEO gig.
New Down Standard Faces Fight with PETA
The Responsible Down Standard, which was spearheaded by outdoor apparel brands and their suppliers to promote humane treatment of birds used to produce down fill and insulation, appears to have emerged from its first challenge from animal rights activists stronger. The challenge came in the form of an “exposé” released by People for the Ethical […]
Sports Authority Sets Lease Auction for June
Sports Authority hired A&G Realty Partners to take bids at a June auction for the retailer’s remaining 320 leases.
Lululemon Founder Slams Ex-Company, Calls For Board Changes
A little more than a year after resigning as a director, Lululemon Athletica Inc.’s founder Chip Wilson is back in the grill of Lululemon’s board.
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SGB Executive will bring original news, analysis and insight across the active-lifestyle industry on a daily basis.
Black Diamond Cites Recalls in Higher Q1 Loss
Black Diamond Inc. said that despite strong North American demand for its gear, losses grew in the first quarter due to tough conditions in Europe and higher spending on quality control initiatives.
Coleman’s Plan to Repatriate Manufacturing Jobs Triggers Opposition
Segments of the U.S. textile industry are opposing the company’s effort to bring manufacturing jobs from Asia to a foreign trade zone in Minnesota.
Higher Bike Inventories Overshadow 2016 Outlook
After a strong start to the year, independent bike dealers (IBD) and bike vendors ended 2015 with a glut of some bikes that could stymie sales of Model Year 2016 bikes this spring.
Boardworks Names New Sales Director, SoCal Rep
Boardworks named Andrew Valentine sales director and promoted Rick Gravesen to sales rep for Southern California…
Camagnolo to Sponsor NA Handmade Bicycle Show
Campagnolo is returning as a sponsor for the North American Handmade Bicycle Show (NAHBS) in 2016, when it will once again hold a competition for the “Best Campagnolo-Equipped Bike” as part of the NAHBS Awards…
Modell’s to Open Two New York Locations
Modell’s Sporting Goods is scheduled to open two new locations this week, bringing their total number of stores to 155 in 10 states…
361 Degrees Introduces 360 Degrees Ad Campaign
361 Degrees USA, the athletic footwear manufacturer, introduced their new marketing campaign for 2016 titled “Fast & Soft” and featuring a new mythical character, “Sheepa.” The unique new visual campaign will focus on the benefits
Fitbit CEO to Keynote CES 2016 Leaders in Technology Dinner
James Park, CEO and co-founder of Fitbit, will deliver the keynote address at the Leaders in Technology (LIT) Dinner at the upcoming CES 2016…
