Aisle Talk Week of December 31
Top headlines from the active lifestyle industry you may have missed this week, including Sears Holdings revealing 80 more Sears and Kmart stores it plans to close in late March 2019 but also winning a reprieve from liquidating.
Nike And Under Armour Land On Piper Jaffray’s “2019 Ideas” List
In a note, Erinn Murphy, analyst for Piper Jaffray, listed Nike and Under Armour among her team’s “2019 ideas.” Also making the list were Crocs, Ulta Beauty and Funko.
Puma Enters Sponsorship With Porsche Motorsport
Puma has signed a long-term sponsorship agreement with Porsche Motorsport to become the exclusive technical partner for fireproof racing clothing as well as shoes, caps and luggage.
Foot Locker Makes Strategic Investment In Super Heroic
Foot Locker Inc. announced that it has made a strategic investment in Super Heroic Inc., best known for its kids footwear with an underlying message of empowerment. As part of Foot Locker, Inc.’s strategic investment, Kids Foot Locker will be the first brick-and-mortar retailer of Super Heroic products in the U.S.
Toms Donates $5M To Organizations Working To End Gun Violence
Toms has launched “End Gun Violence Together,” a campaign aimed at helping end the epidemic in America and kickstarting an evolution to the brand’s giving model. To launch the campaign, Toms will invest $5 million into organizations across the country that are committed to addressing the complex nature of gun violence through various tactics, including programming in communities of color, mental health, research and policy, and suicide prevention.
OBIT: Blake Nordstrom
Blake Nordstrom, the 58-year-old co-president of his family’s retail company, passed away unexpectedly, less than a month after being diagnosed with lymphoma.
American Trail Running Association To Promote “Trail Running Responsibility” In 2019
The American Trail Running Association (ATRA) announced “Trail Running Responsibility” as its theme for 2019. This is a topic to follow recent ATRA themes including last year’s Trail Stewardship: Leaving a Lasting Legacy, and the 2017 theme, Community: Building Trail Running Connections.
Everlast Supports Educational Symposium For Fighters
Everlast Worldwide and Protect Yourself at All Times (PYaAT) creator, Adrian Clark are partnering up to introduce the first ever PYaAT symposium.
Bass Pro Shops To Fund Scholarships For Tomorrow’s Female Leaders
Bass Pro Shops and Cabela’s, together with The Harry & Reba Huge Foundation, will be awarding $40,000 in scholarships to four female graduates of Missouri or Nebraska high schools this spring.
2018 Year In Review: Top Ten Stories
2018 was a tumultuous and transformative year in the active lifestyle, outdoor and sporting good industries, and SGB was there to cover every political action and channel disruption, retail rebound and corporate change, merger and acquisition.
Vans Custom Culture Competition Champions Youth Creativity For A Decade
Vans has invited public and private high school art students to participate in the 10th year of Vans Custom Culture. Vans Custom Culture was created to provide high school students a platform to showcase their creative abilities, while providing access to underfunded art programs.
Active Stocks Deliver Humdrum Performance In 2018
Rewarded for its turnaround progress, Crocs saw its shares catapult 105 percent in 2018, pacing a group of stocks in the active lifestyle industry. Overall, however, the industry’s stocks delivered a mixed performance. Among the stocks losing considerable ground were Hibbett Sports, Big 5, Camping World, Skechers, Newell Brands and Vista Outdoor.
Columbia Announces Closing in Buyout of China JV With Swire Resources
Columbia Sportswear Co. on Wednesday announced that effective January 2, 2019, it has closed its buyout of the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Co., the joint venture in China with Swire Resources Ltd., a subsidiary of Swire Pacific Ltd.
Report: New Balance In Talks Over Record Liverpool Deal
New Balance is in negotiations to extend its partnership with Liverpool in what could be a record kit deal, according to the Daily Mail, according to the Daily Mail.
The North Face Relocating Downtown Manhattan Store
The North Face is relocating its store at 139 Wooster Street in lower Manhattan to a larger location nearby at 584-588 Broadway.
