NSGA Appoints Bezanson And Miller To Board
The National Sporting Goods Association Board appointed Kevin Bezanson of Cleve’s Source for Sports and Greg Miller of Universal Athletic to its board of directors.
Under Armour’s Kevin Plank Addresses Pending Paris Climate Accord Exit
In a statement, Under Armour CEO Kevin Plank said the company is “disappointed” by the Trump administration’s decision to withdraw from the Paris Climate Agreement “as climate change continues to threaten our planet, our cities and our economies.”
Nike Speaks Out Against Paris Climate Accord Withdrawal
Nike issued a formal statement opposing the President Donald Trump’s intention to withdraw the United States from the Paris Climate Accord.
Sportsman’s Warehouse Sets Opening In Everett, WA
Sportsman’s Warehouse is expanding its operations to include a new retail location in Everett, WA.
Under Armour And Sport Chek Launch Search For 2018 Canadian Youth Ambassadors
The 2nd annual Team UA NEXT Canada Powered by Sport Chek campaign kicked off to find the NEXT generation of Under Armour athletes. Seven to 12-year-old hard-working athletes are eligible.
Cabela’s Sets Date For Bass Pro Merger Vote
Cabela’s Inc. announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission (SEC) in connection with the Special Meeting of Stockholders to approve the previously announced acquisition of Cabela’s by Bass Pro Shops.
Boot Barn Facing Headwinds From Oil-Dependent States
Boot Barn said same-store sales have improved in the first two months of the current quarter in states impacted by oil and other commodities. The company also announced the acquisition of the Country Outfitters e-commerce site.
Aisle Talk, Week Of May 29
Top headlines from the active lifestyle industry you may have missed this week.
Zumiez Beats Plan For Third Straight Quarter
Said Richard Brooks, CEO, “Overall, small traffic trends for the quarter in total appear to be more challenging than the industry expected. While we are not immune to these challenges, we are encouraged to see our third consecutive quarter of positive comparable sales and transaction gains.”
Canada Goose Holdings Delivers 22 Percent Q4 Revenue Gain
Canada Goose Holdings Inc., in its first report since going public, reported a smaller-than-expected loss in its fourth quarter ended March 31 while seeing revenues expand 22 percent and a sharp hike in gross margins tied to its direct-to-consumer business.
OIA Criticizes Exit From Paris Climate Agreement
In response to the withdrawal from the Paris Climate Agreement, Amy Roberts, executive director at Outdoor Industry Association (OIA), in a letter stated that President Trump “has abandoned the United States’ leadership on this critical issue and has ignored the voice of individuals and businesses across the country, including many in the outdoor industry.”
SFIA Partners with RISE Talent For Recruitment
To address the need for more focused recruitment and provide added value to member companies, the Sports & Fitness Industry Association (SFIA), announced a new partnership with RISE Talent Acquisition.
Finish Line Youth Foundation Donates $409,750 In Q1
The Finish Line Youth Foundation announced its award of $159,750 in grants and $250,000 in donations for Special Olympics in the first quarter of 2017. The 22 grants to youth organizations in 13 states support healthy lifestyles and youth development. The Foundation’s financial commitment to Special Olympics supports fitness initiatives that focus on helping athletes […]
Boot Barn Misses Q4 Plan
Boot Barn Holdings Inc. reported fourth-quarter results came in below guidance due to lower than expected retail store sales, unanticipated operating expenses, and disruption in sales at sheplers.com arising from the transition to a new software platform.
Zumiez’s Q1 Exceeds Guidance
Zumiez Inc. reported a loss in the first quarter but it was better than guidance with same-stores landing at the upper end of guidance.
