L.L.Bean Partners With Hike It Baby
L.L.Bean entered into a three-year partnership with the nationally recognized non-profit organization Hike it Baby. L.L.Bean will be the Presenting and Founding Partner of the Trail Network.
VF Corp. Completes Acquisition Of Altra
VF Corp. announced that the company has completed the company’s previously announced acquisition of the Altra, the running footwear brand. According to a regulatory filing, the purchase price is $135.0 million.
Sports Direct Launches Proxy Battle For Iconix Board
Sports Direct, which owns 9 percent of the shares of Iconix Brand Group, nominated four candidates for the licensing company’s board of directors while asserting that Iconix’s current leadership is mismanaging the company.
RILA Warns Of Downstream Impact Of Steel And Aluminum Tariffs
RILA (Retail Industry Industry Leaders Association) said the Trump Administration’s announcement that it will impose new steel and aluminum tariffs has “created a three-front trade war, targeting NAFTA, China, and now the European Union, with no resolution to any of these disputes in sight.”
On Supports Comeback Documentary About Triathlete Tim Don
On, the Swiss running company, has partnered with Emmy award-winning director Andrew Hinton, on a short documentary that chronicles the comeback journey of three-time Olympian Tim Don.
Chinook Footwear Appoints U.S. Representation
Chinook Footwear announced the hiring of Kittredge & Associates as the brand’s sales representatives for the entire U.S.
Caleres Capitalizing On Shift To Digital Demand
Even though Caleres Inc. missed analysts’ first-quarter earnings and revenue expectations, which was followed by shares falling slightly Friday morning, recent strides in e-commerce initiatives bode well for the parent company of a range of footwear brands and Famous Footwear retail stores.
Aisle Talk Week of May 28
Top headlines from the active lifestyle industry you may have missed this week, including the potential for an Eddie Bauer and Pacific Sunwear merger.
May Retail Jobs See Huge Year-Over-Year Increase
The retail industry employment increased by 28,800 jobs seasonally adjusted in May over April and 100,200 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Newell Brands’ CFO To Retire
Newell Brands Inc. announced that Ralph Nicoletti, executive vice president and chief financial officer, will retire at the close of 2018.
Columbia Sportswear Appoints Director Of Investor Relations
Columbia Sportswear Company announced that Andrew Burns has joined the company as director of investor relations and competitive intelligence.
Under Armour Extends Partnership With Towson University
Towson University in Maryland and Under Armour Inc. announced a continued partnership agreement.
Big 5 Faces Disgruntled Shareholders Again
A group of investors reportedly sent a letter to Big Five Sporting Goods’ board of directors on May 7 asserting the sporting good chain’s shares are “undervalued and represent an attractive investment opportunity,” according to a press release from the law firm Johnson Fistel.
Sport Chek Opens Kids-Only Concept
Sport Chek has opened the company’s first location focused exclusively on kids, according to retail-insider.com.
Shiekh Shoes To Shrink Significantly As Part of Bankruptcy Exit Plan
As part of the company’s plan to exit bankruptcy proceedings, Shiekh Shoes expects to be operating only 44 stores at the close of 2019, down from 125 when the company first filed for bankruptcy in November. The plan also features minimal payback for trade creditors, expect for Nike.
