Aisle Talk Week Of April 9
Top headlines from the active lifestyle industry you may have missed this week.
MidwayUSA Named Official Sponsor Of 2018 NRA Annual Meetings & Exhibits
The National Rifle Association announced MidwayUSA as the Official Sponsor of the NRA Annual Meetings & Exhibits for a ninth consecutive year.
Trump Weighs Rejoining Trans-Pacific Partnership
President Donald Trump has directed his top economic and trade advisers to look into re-entering the Trans-Pacific Partnership. The move would come a little over a year after withdrawing the U.S. from the the multilateral trade agreement in one of his first acts as president.
Oofos Launches First Global Campaign
Oofos, the maker of recovery footwear, announced its first global brand campaign, titled “Recover Faster. Feel the OO.”
Sports & Fitness Product Industry Exceeds $90 Billion In Sales
SFIA’s 2018 Manufacturers’ Sales Report shows sales in the sports and fitness industry grew 2.9 percent in 2017, which represents the best annual growth in three years.
‘Keeping The Tribe Together’: Industry Praises OR + Snow Show Date Change
Outdoor Retailer’s announcement that OR + Snow Show is moving to the end of January for at least the next four years and will immediately follow Winter Sports Market has garnered high praise from snow sports and outdoor stakeholders alike.
Outdoor Retailer Snow Show Dates Moving To Last Week In January Beginning 2019
Outdoor Retailer announced that dates for future Outdoor Retailer Snow Shows will move into the last week of January beginning in 2019 and will remain in the last week of January through 2022.
The Buckle’s Comps Slide In March
The Buckle Inc. announced that comparable store net sales for the 5-week period ended April 7, 2018 decreased 1.1 percent
Puma Lifts FY Outlook On Double-Digit Q1 Revenue Growth
Puma slightly raised full-year guidance for 2018 after reporting strong preliminary results for the first quarter. Sales rose approximately 21 percent on a currency-neutral basis in the quarter.
Academy Sports Opens Stores In Shreveport And Madison
Academy Sports + Outdoors opened new stores in Shreveport, LA and Madison, MS.
College Basketball Scandal Spreads To Kansas And NC State
Kansas and North Carolina State have joined Louisville and Miami (Fla.) in the FBI’s ongoing probe into corruption in college basketball as federal prosecutors in New York added additional criminal counts to the indictment of former Adidas executive Jim Gatto.
Zumiez’s March Comps Climb 12.6 Percent
Zumiez Inc. announced, that total net sales for the five-week period ended April 7, 2018 increased 14.7 percent to $82.3 million, compared to $71.7 million for the five-week period ended April 1, 2017.
Adidas And Vans Winning With Teens
Adidas, Vans, Supreme, Champion and Lululemon all saw a strong uptick in mindshare among teens in Piper Jaffray’s 35th semi-annual Taking Stock With Teens survey. Nike, Converse and Under Armour all lost ground.
Kansas And North Carolina State Caught In College Basketball Probe
An Adidas executive conspired with others to pay the families of players to commit to Kansas and North Carolina State, according to a new court documents. Louisville and Miami had been the only schools involved in the FBI’s probe into corruption in college basketball.
Columbia Sportswear To Acquire Remaining Interest In China Joint Venture
Columbia Sportswear Company announced the intent to acquire the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture that the company currently operates in China with Swire Resources Limited, a subsidiary of Swire Pacific Limited.
