Sequential Brands Posts Steep Q4 Loss
Sequential Brands Group Inc. reported a steep loss in the fourth quarter after absorbing charges connected to the recent federal tax reform legislation and the company’s goodwill.
Under Armour Announces Retirement Of Chief Revenue Officer
Under Armour Inc. announced that Karl-Heinz (Charlie) Maurath will retire as its chief revenue officer effective March 31.
Hibbett Sports Hosts Social Media Contest To Celebrate Air Max Day 2018
Hibbett Sports announced a new social media contest in honor of Air Max Day 2018. The month-long promotion will kick off on March 1, 2018 and four winners will be selected (one winner per week for four weeks) to receive a $250 Hibbett Sports gift card through Air Max Day, which falls on March 26, 2018.
Crocs Trims Q4 Loss
Crocs Inc. reduced its loss in the fourth quarter ended December 31 as sales grew 6.2 percent and both gross margins and its SG&A rates improved significantly.
Pumalín National Park To Carry Name Of Founder, Douglas Tompkins
At the La Moneda Palace in Santiago, Chile, Chilean president Michelle Bachelet and Kristine McDivitt Tompkins, president of Tompkins Conservation, signed the decree to create “Pumalín National Park – Douglas R. Tompkins.”
Asics Opens Creation Studio In Boston
Asics officially opened its doors to the brand’s new Creation Studio at 125 Summer Street in Boston. The Creation Studio brings together teams driving key areas of the business including footwear apparel, equipment, marketing, digital and commerce. Asics now holds a significant bicoastal presence in the U.S., in both Irvine, California and Boston.
OBIT: Ann Krcik
Ann Krcik, senior director of brand communications and outdoor exploration at The North Face, has passed away after a battle with cancer.
Dick’s Sporting Goods Announces Grand Opening Of Four New Stores In Three States
Dick’s Sporting Goods will be opening four new Dick’s Sporting Goods stores in March in St. Petersburg, FL; Lancaster, PA; Pace, FL; and Mesquite, TX.
New Balance To Sponsor New York Mets
New Balance has signed on as the official footwear and apparel partner of the Mets and their Citi Field ballpark.
Big 5’s Q4 Comps Drop 9.4 Percent
Big 5 Sporting Goods, in line with guidance reported in early January, reported a loss of 10 cents per share in the fourth quarter ended December 31 as comps dropped 9.4 percent. Same store sales in January slumped in the high-teens in January and Big 5 predicted a loss for the first quarter.
Camping World’s Q4 Revenues Climb 33 Percent
Camping World Holdings Inc., the parent of Gander Outdoors, reported earnings excluding special items more than doubled in the fourth quarter as sales grew 37.9 percent.
Study Shows When It Comes To Buying, Millennials Are Not Eco-Fashionistas
While millennials overwhelmingly claim to embrace sustainability and believe they will drive social change, the eco-friendliness of a fashion product may be the least important factor in their purchasing decisions, according to a study from LIM College.
Farm To Feet Adds Sales Teams In Midwest And South-Central Territories
Farm to Feet, makers of American socks, announced that they have appointed Allen Breeding and Associates to represent the brand in the South-Central states and Amy Brown and Associates in the Mid-West.
ADA And NBS Partner To Co-Locate Spring/Summer Athletic Market
ADA and NBS have once again partnered to co-locate their 2018 Spring & Summer Athletic Shows. The joint event will be held at the Hyatt Riverfront Hotel in Jacksonville, FL.
Altra Joins Granite Gear’s Grounds Keepers Program
After its successful inaugural year, Granite Gear has launched the 2018 Grounds Keepers Program with new supporting sponsor Altra Running.
