Chapel Hill Earns Top City for College Basketball Fans
Chapel Hill, NC; Lawrence, KS; and Los Angeles, CA ranked as the Best Cities for College Basketball Fans, according to analysis by WalletHub, the personal-finance website.
Academy Sports Appoints General Counsel
Academy Sports + Outdoors appointed Rene Casares as its senior vice president, general counsel and secretary. Casares, 42, joined Academy in July 2013 as senior director, associate general counsel and assistant secretary, and was promoted in March 2016 to vice president, associate general counsel and assistant secretary. Prior to Academy, Casares served as an associate attorney […]
Bass Pro Provides Update On Cabela’s Future In Sidney, NE
In a note to the media on Thursday, Bass Pro said 680 of Cabela’s corporate employees had applied for a voluntary buyout plan and that 290 would be leaving the company this week. A full-page ad in the Wall Street Journal also went out to support Bass Pro’s goal of donating any unused space in Cabela’s offices to bring jobs to the city of Sidney, NE. Full details here.
Dorel Sports Returns To Growth In Q4
”Despite a continued weak global bicycle market, Dorel Sports grew its top-line in Q4 improving considerably from the third quarter driven by strong performance in Cycling Sport Group (CSG)’s international business, and at Caloi,” said Martin Schwartz, CEO of Dorel Industries.
Aisle Talk, Week of March 5
Top headlines from the active lifestyle industry you may have missed this week.
Bass Pro Provides Details On Cabela’s HQ Buyouts
Bass Pro said Thursday that 290 Cabela’s employees located in Sidney, NE will leave the company this week as part of a voluntary buyout program. Another 390 former Cabela’s employees also applied for buyouts, but no immediate action will be taken on those.
CODI Sees 2017 Gains for 5.11, Crosman; Liberty Safe Declines
Compass Diversified Holdings (CODI) reported revenues at 5.11 Tactical grew 5 percent and Crosman added 1.1 percent in 2017 while sales at Liberty Safe were down 11.4 percent.
USFIA Statement On Tariff Increases On Steel and Aluminum
The United States Fashion Industry Association in a statement said it expects “widespread net job loss in the United States” as a result of the Trump administration’s move to raise tariffs on steel and aluminum imports.
UGG Celebrates International Women’s Day With HERproject
In celebration of International Women’s Day, UGG is launching a multi-channel campaign and donation to support HERproject, an organization striving to empower low-income women working in global supply chains.
OIA Responds To New Tariffs On Steel, Aluminum Imports
In an e-mail to members, Rich Harper, manager of international trade for the Outdoor Industry Association (OIA), wrote that the Trump administrations move to raise tariffs on steel and aluminum imports “would lead to higher costs for outdoor products produced domestically that utilize steel and aluminum imports, like camping stoves, tent poles and skis and snowboards.”
Under Armour’s Sports Sponsorship Commitments Retreat In 2017
According to Under Armour’s just-filed 10K report, future sports marketing commitments fell 13.6 percent at the close of the year, reflecting the company’s overall efforts to reduce its cost structure.
Celebrity Athletes Take The Stage On Capitol Hill To Promote Active Lifestyles
The 19th annual National Health Through Fitness Day on March 7 featured Herschel Walker, Pat LaFontaine and other elite athletes encouraging Congress to pass the bipartisan HSA reform, which includes the PHIT Act.
Poll: Dick’s Favorability Rating Remain “Fairly Stable” Following Gun Sale Policy Change
According to analysis from Morning Consult Brand Intelligence, Dick’s Sporting Good’s overall net favorability has remained fairly stable since its announcement on February 28 that it would tighten restrictions on gun sales.
NRI Opens Eastern Canada Location
NRI Distribution announced its commitment to open a Montreal facility in May of this year to mark its expansion into Eastern Canada.
New Balance Supports Sports Leadership Program At UMass Boston
The University of Massachusetts Boston will be launching a new Sport Leadership program with the help of a $5 million gift from New Balance and its chairman, Jim Davis, representing the largest gift in UMass Boston history.
