The Finish Line Youth Foundation Donates $386,635 In Q4 2017
The 16 grants to youth organizations in nine states and the territory of Puerto Rico support healthy lifestyles and youth development.
Firearms Background Check Declines Moderate In February
The National Shooting Sports Foundation (NSSF) reported that February 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) was down 2 percent versus the year ago.
Outdoor Industry Association Website Now Features Quick Access To Sustainable Supply Chain Resources
The platform provides easy access to tools and resources created by the OIA Sustainability Working Group (SWG), which has been working for over a decade on addressing supply chain issues.
Tennis Owners & Managers Conference Set For Charleston, SC In April
In addition to featured speakers such as ClubIntel co-founder Stephen Tharrett and ConantLeadership CEO Douglas R. Conant, the conference will feature unique “TOM Talk” sessions focusing on specific topics, then include roundtable discussions.
Bridgedale and Joy Of Sox Donate 16,000 Pairs Of Socks To The Homeless Community
Bridgedale Outdoor Ltd, a global market leader in the manufacture of performance socks, is donating 16,000 Merino Hiker socks to the nonprofit organization The Joy of Sox.
Rocky Brands Announces New Share Repurchase Program
Rocky Brands Inc. announced that its board of directors has approved a new share repurchase program of up to $7.5 million of the company’s outstanding common stock.
Deckers Outdoor’s CFO To Step Down
Deckers Outdoor Corporation said in a regulatory filing that, after nine years of valuable contributions and dedicated service to the company, Thomas A. George will be stepping down as chief financial officer of the company to pursue other interests.
LL Bean Raises Age To Buy Rifles To 21
L.L. Bean became the latest retailer to announce that it will no longer sell guns or ammunition to customers younger than 21.
Starboard Issues Letter To Newell Shareholders
Starboard Value LP, the hedge fund, said on Monday it nominated two additional directors to the board of Newell Brands Inc, bringing its total nominees to 12 as the activist investor seeks to replace Newell’s board and CEO.
Shares Of Foot Locker Slump On Dismal Outlook
Shares of Foot Locker Inc. were down $5.84, or 12.7 percent, to $40.04 on Friday after the sneaker retailer reported weak fourth-quarter results and indicated the sales won’t likely rebound until the second half of 2018.
Americas Stars For Crocs In Q4
Crocs’ sales in the Americas region soared 13.6 percent in the fourth quarter. Wholesale revenues jumped 29.1 percent, driven by at-once sales as consumers continued to purchase clogs and sandals despite winter weather, and retailers restocked shelves.
Aisle Talk, Week of February 26
Top headlines from the active lifestyle industry you may have missed this week.
TJX Takes Impairment Charge For Sierra Trading
The TJX Cos. took an impairment charge of 10 cents a share, or about $64 million, against fourth-quarter earnings for Sierra Trading Post due to a decrease in projected revenue growth rates.
Foot Locker’s Q4 Comps Slide 3.7 Percent
Foot Locker Inc. reported that earnings, excluding charges and adjustments to a calendar shift, were down 8 percent in the fourth quarter as same-store sales declined 3.7 percent. The sneaker powerhouse warned that conditions would remain challenging in the first quarter but predicted comps would turn positive by the middle of 2018.
Asics To Become Global Development Partner Of The International Triathlon Union
Asics announced that it has concluded a multi-year global agreement to become a Global Development Partner of The International Triathlon Union (ITU).
