Bass Pro And Johnny Morris Announce Amateur Fishing Tournament
Bass Pro Shops and founder Johnny Morris announced plans Monday for a national amateur bass fishing tournament to kick off the company’s 50th Anniversary celebration. The event will offer the largest cash prize of any freshwater fishing tournament to date.
JD Sports To Acquire DTLR Villa
JD Sports Fashion Plc has entered into a conditional agreement for the acquisition of DTLR Villa LLC, an athletic footwear and streetwear retailer based in Baltimore, MD, for a total cash consideration of $495 million.
PVH Corp. Officially Appoints Stefan Larsson As CEO
PVH Corp. announced that Stefan Larsson has formally become the company’s chief executive officer and joined its Board of Directors, completing a previously announced transition plan. PVH’s former CEO, Manny Chirico, will continue in his role as chairman of the Board of Directors.
Crocs Hires Former Nike Exec As General Manager Of The Americas
Crocs Inc. announced that Emma Minto was hired as senior vice president and general manager, overseeing operations for the brand’s Americas region. Minto formerly spent 16 years at Nike, most recently as vice president and general manager of Nike Women’s, North America.
Super Bowl Consumer Spending Expected To Decline
A poll of 1,500 past Super Bowl viewers found that 38 percent will spend less this year on food and drinks, with 29 percent planning to reduce spend and 9 percent not making any purchases for this year’s game. The decline reflects fewer repeat watchers and fewer gatherings due to COVID-19.
NRF Announces Six Additions To Its Board
The National Retail Federation announced the addition of six members to its Board of Directors, including the CEOs of Target and Kohl’s.
Keen Footwear Expands USA Manufacturing Commitment
Keen Inc announced plans to increase its Portland, OR production by 26 percent driven by demand for its “American Built” Utility boots and hikers assembled in Portland. Also, Keen is expanding its manufacturing relationship with Nester Hosiery, the manufacturer of outdoor socks based in North Carolina.
New Running Expo To Launch In Boston In January 2022
Carl Lewis, Dean Karnazes, Susie Chan, Kelly Roberts, Camille Herron and Lazarus Lake are among the runners confirmed to appear at the inaugural Run Show USA, the consumer running exposition scheduled to take place January 29-30, 2022, at Boston’s Hynes Convention Center.
Dunham’s To Open Store In Salina, KS
Dunham’s Sports is opening a store at the Central Mall in Salina, KS.
Adidas Extends Partnership With The Portland Trail Blazers
The Portland Trail Blazers and Adidas announced a multi-year partnership extension showcasing Damian Lillard’s tie to Oregon and Rip City.
Academy Sports Sees Holiday Comps Climb 17 Percent
Academy Sports + Outdoors reported that same-store sales over the nine-week period ended January 2 are estimated to have grown approximately 16.6 percent.
Neiman Marcus Plans Supply Chain Investments, Makes Key Hires
Neiman Marcus Group announced a number of new hires and said it is investing $85 million gross in supply chain innovation, specifically systems and fulfillment centers.
Dick’s SG To Open Store In Grand Junction, CO
Dick’s Sporting Goods Inc. plans to open a store at Mesa Mall in Grand Junction, CO.
Academy Sports + Outdoors Announces Pricing Of Secondary Offering
Academy Sports + Outdoors Inc. announced the pricing of the previously announced underwritten secondary offering by certain of its stockholders, including affiliates of Kohlberg Kravis Roberts & Co., of 12 million shares of common stock of Academy.
Nike Loses Appeal In Fleet Feet Lawsuit
The U.S. Court of Appeals for the Fourth Circuit refused to undo a trademark ruling that forced Nike Inc. to halt an advertising campaign centered on the slogan “Sports Changes Everything.” The ruling stemmed from a 2019 lawsuit filed by Fleet Feet.
