Crocs’ Shares Slide On Conservative Outlook
Shares of Crocs on Tuesday slid 88 cents, or 9.1 percent, to $8.76 on Tuesday after the company reported that third-quarter earnings exceeded Wall Street’s targets but provided weak guidance.
Under Armour Lends Support To Hunt Right; Hunt Fair Chase Initiative
The Hunt Right; Hunt Fair Chase initiative is designed to invigorate a commitment among sportsmen as to the benefits of a fair chase approach, celebrating both personally rewarding and memorable experiences as well as presenting a positive public image of the sport.
Adidas Launches New Adidas App
“To you, for you, with you” is the motto for the new Adidas app, which the sporting goods company revealed at Dreamforce, the world’s largest software conference, in San Francisco, CA.
Simms Appoints Casey Sheahan As CEO
Simms Fishing Products, the manufacturer of waders, outerwear, footwear, and technical apparel in fishing, announced the appointment of Casey Sheahan, seasoned outdoor industry veteran, to chief executive officer.
J. C. Penney Chief Merchant Exits
In conjunction with this reorganization, the position of chief merchant has been eliminated and John Tighe will be leaving the company to pursue other opportunities.
Christy Sports Acquires BootDoctors
Christy Sports LLC announced its most recent acquisition of BootDoctors, a specialty retailer of ski, snowboard and bike products and services, which currently operates out of three locations in Telluride, CO and two locations in Taos, NM.
Sears Holdings To Close 45 Kmart, 18 Sears Locations
Sears Holdings plans to close 45 Kmart locations and 18 Sears locatons.
American Woman Wins NYC Marathon For First time In 40 years
Shalane Flanagan, long endorsed by Nike, on Sunday became the first women to win the New York City Marathon since 1977.
Adidas Signs Zach LaVine
Adidas reportedly signed Bulls guard Zach LaVine to an endorsement deal. With incentives, the four-year contract could be worth up to $35 million.
Pro Football Losing Fans; Other Sports Holding Steady
The percentage of U.S. adults who self-identify as professional football fans has fallen from 67 percent in December 2012, the last time Gallup asked the question, to 57 percent today. In contrast, every other sport measured in the Oct. 10-11 survey, except for Olympic sports, did not change meaningfully from five years ago.
REI Hires Chief Technology Officer
REI has named the former CIO and executive VP of Coach as its chief information officer and EVP, according to Geekwire. Christine Putur spent four years at Coach, from February 2013 to May 2017. Prior to that, she served as the CIO and senior VP of Staples Corp. Before Staples, she worked for Compaq Computer […]
Asics Sales Slides 4.4 Percent In North America In Q3
Sales in the U.S. were down 11.4 percent on a currency-neutral basis in the first nine months of 2017.
Aisle Talk, Week Of October 30
Top headlines from the active lifestyle industry you may have missed this week.
Gildan Activewear’s Top-Line In Q3 Impacted By Sock Slowdown
The overall sock business was down in the quarter due to weak demand in the sock category, particularly for higher-margin sock brands in department stores, national chains, and sporting goods.
Moody’s Downgrades Under Armour’s Debt Ratings
Moody’s Investors Service downgraded Under Armour, Inc.’s senior unsecured ratings to Baa3 from Baa2. The outlook is negative.
