Cherokee Global Brands Posts Q1 Loss
Cherokee Global Brands, the parent of Hi-Tec, Tony Hawk Signature Apparel and Flip Flop Shops, reported a loss in its first quarter ended April 29, impacted by the decision by Target, the discount chain, to stop selling the Cherokee brand. The company also said it was seeking an amendment related to a non-compliance with covenants under its credit facility.
Outdoor Retailer Makes Denver Its New Home
After a confidential request for proposal (RFP) process, Denver was officially selected as the new OR host city at a press conference held in the City Park Rose Garden this morning.
Outdoor Retailer Trade Show Moving To Denver
Emerald Expositions LLC announced it had selected Denver for the site of all Outdoor Retailer tradeshows, including Outdoor Retailer + Snow Show, Outdoor Retailer Summer Market and Outdoor Retailer Winter Market, which will move to November in 2018. It is intended that Grassroots Connect will co-locate in Denver with Outdoor Retailer when an appropriate venue is procured.
OIA’s Executive Director Touts Benefits Of Denver Move
In a letter to OIA members, Amy Roberts, executive director of the Outdoor Industry Association (OIA), spelled out the benefits of the move of the Outdoor Retailer show to Denver, including shifting the dates to the front end of the ordering cycle, significantly reduced booth rates and less travel for the industry with the combined Winter Show.
Nike Partners With European Soccer Social Network
Tonsser, a startup that offers a vertical social network aimed at youth soccer players, has signed on Nike as its first brand channel partner, according to a report from TechCrunch.
QVC To Merge With HSN
Liberty Interactive Corp., the parent of QVC ,announced that they have entered into an agreement whereby Liberty Interactive will acquire the 62 percent of HSNi it does not already own in an all-stock transaction.
Wiivv Launches Employee Wellness Program
Wiivv Wearables Inc., a Vancouver and San Diego-based consumer technology company that creates custom-fit footwear products through an app, has launched an Employee Wellness program for workers on their feet, following a successful pilot program with the Pacific Northwest’s renowned North Shore Rescue team.
The Buckle’s June Comps Slide
The Buckle Inc. announced that comparable store net sales for the five-week period ended July 1, 2017 decreased 5.8 percent.
Denver Expected To Land Outdoor Retailer Show
With a “major announcement” to be disclosed at a press conference early Thursday morning featuring Colorado’s Governor, Denver’s Mayor and the head of the Colorado Outdoor Recreation Industry Office, the famed Outdoor Retailer Show is expected to announce a move from Salt Lake City to Denver.
Bass Pro/Cabela’s Merger Gains FTC Approval
In a regulatory on Wednesday, Cabela’s said the Federal Trade Commission informed the company on July 2 that it had closed its investigation of Bass Pro’s $5 billion buyout.
Feetures Expands Offerings With Lifestyle Collection
The lifestyle collection will include a variety of styles for women and men, and will offer the signiture targeted compression and seamless toe features that helped elevate the brand.
Nikwax NA Appoints President
After three productive years leading Nikwax North America, Rick Meade has announced he is leaving to seek new challenges and growth opportunities. Brian Davidson, current director of sales for Nikwax, has been named president, and Heidi Allen, current marketing director, has been promoted to VP of marketing.
Cabela’s/Bass Pro Deal Secures Antitrust Clearance
Bass Pro Shops acquisition of Cabela’s received the go-ahead from antitrust regulators.
ISPO Shanghai 2017 Sees 22 Percent Hike In Exhibitors
ISPO Shanghai 2017, being held from July 6 to 8, will have 572 exhibiting companies, representing a 22 percent increase compared with 2016.
Backcountry COO Joins Ski Utah Board Of Directors
Backcountry announced that Pete LaBore, chief operating officer of Backcountry, is joining Ski Utah’s 2017 Board of Directors, effective July 1, 2017. He will serve a three-year term expiring June 30, 2020.
