Nike Q4 Sales Soar 13 Percent To Nearly $10 Billion
Nike Inc. reported fourth quarter revenue increased 13 percent to $9.8 billion, driven by strong double-digit revenue growth in international markets and Nike Direct globally and a return to growth in North America.
Under Armour Closes Philadelphia Brand House Location
Under Armour confirmed to the Philadelphia Inquirer that the company has closed the Brand House location in Philadelphia.
Camping World Announces Launch Of Gander RV Sales
Camping World Holdings Inc. announced plans to dramatically increase RV sales locations over the next 15 months through the launch of Gander RV Sales, new store openings and continued acquisitions. With 50 Gander Outdoors opened so far this year, 40 Gander RV Sales branded locations are projected to open by spring 2019.
New Balance Hires New Media Agency
New Balance has chosen Mediahub and the media arm of IPG-owned MullenLowe as the company’s U.S. agency of record following a review.
Fila To Debut At Milan Fashion Week
Fila will make the company’s runway debut at Milan Fashion Week in September in the company’s first appearance at one of fashion’s top events, according to Women’s Wear Daily.
SGB Executive Q&A: 361 Degrees USA President Jim Monahan
Jim Monahan, president of running footwear company 361 Degrees USA, spoke with SGB at last week’s Fleet Feet National Franchise Conference in Minneapolis, MN, about what’s happening with the company as 361 Degrees moves from a startup to a player that’s found a comfortable pace and is working to close the gap on competitors.
Four Questions: Smartwool’s Jennifer McLaren
On June 26, VF Corp. announced that Jennifer McLaren would succeed Travis Campbell as president of Smartwool. Here, she talks about Smartwool’s strengths, near-term priorities in her new role, and becoming the first female to be promoted to president in the VF Outdoor and Action Sports Coalition.
Vasque Selects Joel Lee To Lead Revamped Sales Team
Vasque announced a restructuring of the company’s sales team, with new global sales director Joel Lee at the helm. Moving forward, Lee will oversee the U.S. sales manager position, which Vasque is looking to fill.
Amazon Relaunches BTS And College Stores
Amazon launched the company’s Back to School and Off to College stores, which promise those heading to school everything from “superhero backpacks and sequin pencil pouches to the latest Adidas footwear and perfect first-day-of-school outfits.”
Differential Brands Group to Acquire Majority Of North American Division Of Global Brands Group
Differential Brands Group Inc., which owns Hudson, Robert Graham and Swims, entered into a definitive purchase agreement to acquire the North American licensing business of Global Brands Group Holding Limited for $1.38 billion.
L.L.Bean To Open Store Hadley, MA
L.L.Bean currently operates stores in Boston, Burlington, Dedham, Mansfield and Mashpee, MA.
Penn State Commonwealth Campuses Partner With Nike, BSN Sports
Intercollegiate athletics programs at Penn State’s 19 Commonwealth Campuses have entered into a four-year partnership with Nike through BSN Sports for sports apparel and equipment.
Running USA Announces Board Members
Running USA announced the company’s newly elected Board of Directors, as well as the addition of a fourth new board member by appointment.
ISA’s Production Facility In China Passes Cleaner Production Assessment
ISA TanTec’s production facility in China (including Heshan TanTec Leather Co. Ltd. and Heshan Bestway Leather Product Co. Ltd.) has recently passed the Cleaner Production Assessment, a governmental audit that the company needs to pass every five years to present continuous improvements on the environmental front.
Clarks CEO Mike Shearwood Departs After Misconduct Investigation
Clarks chief executive officer Mike Shearwood resigned following allegations of inappropriate behavior.
