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.
Asics U.S. Sales Slump In Nine Months
Asics reported sales in the Americas region decreased 5.6 percent, or 7.5 percent on a currency-neutral basis, in the nine months through September 30. The decline was attributed to weak sales in the U.S.
Skechers Brings Out Limited-Edition Meb Shoe For Final Race
To celebrate Meb Keflezighi’s final race, Skechers is introducing a limited edition 36 pairs of his racing shoe will be available for sale at the TCS New York City Marathon expo.
Adidas Campaign Celebrates Women Runners
Adidas unveiled its new women’s running film, titled Fearless AF, that spotlights six powerful female Adidas ambassadors – Karlie Kloss, Kathrine Switzer, Mary Keitany, Robin Arzon, Jessie Zapo and Jen Rhines – with the confidence and creativity to change the rules of sport.
