REI Co-op To Open First Experience Center In New Hampshire In Fall 2019
REI Co-op is opening its first location in New Hampshire. In addition to being the first store in-state, the nearly 25,000 square-foot space at Settlers Crossing will also be the co-op’s first-ever outdoor experience center.
NBA Experience To Open Disney Springs In Spring 2019
The one-of-a-kind destination – developed by Walt Disney Imagineering in collaboration with the NBA – will feature hands-on activities that immerse guests into the world of professional basketball.
UNC Extends Deals With Nike
The University of North Carolina (UNC) announced a a 10-year extension of its contract with Nike. Nike will remain the Tar Heels’ exclusive supplier of athletic footwear and apparel through June 2028. UNC also for the first time revealed Nike’s contract with Roy Williams and other coaches.
RE/MAX Hires Former Under Armour Communications Exec
RE/MAX, one of the world’s leading franchisors of real estate brokerage services, and Motto Mortgage announced the hiring of Kerry McGovern as vice president, communications.
Amer Sports Buyout Begins Thursday
The consortium led by China’s Anta Sports seeking to acquire Amer Sports on December 20 commenced the voluntary recommended public cash tender offer for all the issued and outstanding shares in Amer Sports Corp
Moody’s: Caleres Stock Repurchases Could Inhibit Debt Repayment
Moody’s Investors Service said that Caleres, Inc.’s recent announcement that it had completed the repurchase of the remaining shares under its 2011 share repurchase program and put in place a new share repurchase authorization is modestly credit negative but does not impact the ratings.
Decathlon Named Official Partner Of 2019 Represent Running Race Series
Decathlon announced a partnership with Represent Running’s (RR) Bay Area race series to become the organization’s official retail and apparel sponsor and title sponsor of the ambassador team. RR’s schedule for 2019 includes five races.
Camber Outdoors Announces 2019 Leadership Webinar Series Schedule
Camber Outdoors announced its 2019 Leadership Webinar Series schedule. The Camber Outdoors Leadership Webinar Series advances our mission: “Everyone’s Outdoors.”
Balega Presents Ubuntu Award To Dick Pond Athletics
Balega International, the performance sock brand for runners, presented its annual Ubuntu Award for community service to Carol Stream, IL-based Dick Pond Athletics.
Nike Partners With Canada Soccer
Canada Soccer announce that Nike will replace Umbro as the official footwear, apparel and equipment supplier for Canada Soccer and its Men’s and Women’s National Teams at every level starting in January 2019.
Next Level Apparel Expands To Germany And Europe
Next Level is expanding into Germany and Europe through an exclusive partnership with L-Shop-Team, a European textile wholesale distributor.
OIA Webinar: Tariff War Likely Driving Extensive Supply Chain Changes
In a seminar presented by the Outdoor Industry Association (OIA), trade experts at KPMG said the U.S./China tariff war may end but the underlying geo-political issues impacting overall trade won’t any time soon. As a result, a holistic “intelligent supply chain” approach that encompasses both customs and supply chain planning will be required in the future.
Stifel Outlook: Uncertainty Presents Opportunity For Active Lifestyle Brands
In “2019 Outlook: Uncertainty Presents Opportunities,” a note that was sent to investors this week, Jim Duffy of Stifel outlined what he believes are going to be the differentiators for sports and active lifestyle brands in the new year. The newly public Yeti Holdings Inc., for example, was among those forecasted for a strong year based on its new product drivers and digital competency.
Former Nike Executive Joins WeAre8
WeAre8, a social platform that enables online influencers to monetize their social influence by sharing brand campaigns, appointed Danny Tawiah, former VP global digital brand innovation at Nike, as chief marketing officer.
Gander Outdoors Store Closes In Paducah, KY
A Gander Outdoors location has closed in Paducah in Kentucky. By all indications, the store is the second Gander Outdoors location to close since Camping World began re-opening former Gander Mountain locations late last year under the updated name.
