Vans Warped Tour To End In 2018
Annual traveling punk rock music festival Vans Warped Tour, which helped jump-start the careers of artists like Blink-182, Fall Out Boy and Katy Perry, will end in 2018 after 24 years.
La Sportiva Appoints National Sales Manager
La Sportiva hired Jeff Sadler as national sales manager. Sadler joins the brand from Deuter and will work closely with the network of independent sales reps and La Sportiva dealers.
Beachbody Partners With Brazilian Jiu-Jitsu Champ Bruno Pucci
Pucci will represent the Beachbody apparel and footwear collection at trade events, public appearances and on Beachbody gear social channels.
Footwear Executive Launches New Sneaker Company
Wayne Kulkin, former CEO of Stuart Weitzman, has launched a new business venture with investment partner Hilco Global, called StreetTrend LLC.
Stabil Partners With National Park Foundation
Stabil, a leading U.S. manufacturer of traction footwear, and the National Park Foundation (NPF) have formed a four-year partnership.
Report: Puma To Take Over Manchester City Sponsorship
Puma has reached an agreement to replace Nike as the kit sponsor of Manchester City, according to the Daily Mail.
HSBC Downgrades Nike Over Possibly “Painful” U.S. Distribution Shift
HSBC lowered its rating on Nike Inc. to “Hold” in part due to the recent bump-up in its shares but also because of the likely challenges Nike will face in its plan to aggressively shift away from undifferentiated retail environments.
Holiday Selling Starts Off With A Bang
According to reports from the National Retail Federation (NRF), Adobe and ComScore, sales surged ahead from Thanksgiving through Cyber Monday, providing a heap of optimism for the rest of the holiday selling season. Not surprisingly, online purchases again strongly led the gains and smartphones expanded as a key driver of transactions.
Adobe Data Shows Cyber Monday Is Largest Online Sales Day In History
Adobe reported Cyber Monday is projected to hit a new record as the largest online sales day in history with $6.59 billion in sales. This marked a 16.8 percent year-over-year (YoY) increase as of 10:00 p.m. eastern time.
NRF Finds Robust Holiday Start
From Thanksgiving Day through Cyber Monday, more than 174 million Americans shopped in stores and online during the just-concluded holiday weekend, beating the 164 million estimated shoppers from an earlier survey by the National Retail Federation and Prosper Insights & Analytics.
Asics & PHIT America Get Austin Girls Fit And Healthier
Asics and PHIT America have partnered to bring a running program to Hornsby-Dunlap Elementary School, an elementary school in Austin, TX.
Study Finds Zoom Vaporfly Boosts Running Economy
A Nike-sponsored study from the University of Colorado found that Nike’s Zoom Vaporfly was more efficient for runners than the Nike Zoom Streak 6 and Adidas’ Adizero Adios Boost 2.
OEKO-TEX Study Highlights Climate Change Concerns
In a global, quantitative consumer survey, “The Key to Confidence: Consumers and Textile Sustainability— Attitudes, Changing Behaviors, and Outlooks,” commissioned by the OEKO-TEX Association in commemoration of its 25th Anniversary, climate change ranked third on a list of sixteen modern day worries on the minds of today’s consumers.
RG Barry Appoints Bob Mullaney President
RG Barry Brands Inc., a leading developer and marketer of lifestyle footwear and accessory brands, announced the appointment of footwear industry executive Bob Mullaney as president and chief executive officer, effective immediately.
Maurice Sporting Goods Fetches $39 Million Stalking Horse Bid In Bankruptcy Proceedings
Middleton Partners has agreed to pay $39 million to acquire Maurice Sporting Goods in bankruptcy proceedings. Middleton Partners will service as a stalking horse bidder to support an auction in bankruptcy court in Wilmington, DE.
