Moody’s Cuts Eddie Bauer’s Debt Ratings
Moody’s Investors Service downgraded Everest Holdings LLC, the holding company of Eddie Bauer, due to revenue and operating earnings declines amid a highly promotional selling climate.
Aisle Talk, Week Of June 5
Top headlines from the active lifestyle industry you may have missed this week.
PF Flyers Celebrates 80th Anniversary
To celebrate 80 years of comfort, quality and style, PF Flyers has partnered with Brand Historian Alyasha Owerka Moore and Open-End Agency to take a look through the brand’s archives.
Hudson’s Bay To Cut 2000 Jobs
HBC, the parent of Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue and Gilt, announced its Transformation Plan focused on identifying efficiencies, streamlining processes and improving back-of-store productivity in North America.
Nike’s Breaking2 To Become A Documentary
Nike has partnered with National Geographic to produce a one-hour documentary on its Breaking2 effort to beat the two-hour marathon record.
Phoenix Footwear Acquires Bueno Women’s Footwear
Founded in 1950 in Istanbul, Turkey, Bueno is one of Europe’s leading women’s brands.
Camping World Will Seek To Undercut Competition With New Gander Stores
Speaking at Stephens 2017 Spring Investment Conference, Marcus Lemonis, chairman and CEO of Camping World, said the company is not only planning to reduce the amount of firearms in the reborn Gander Mountain stores but also vowed to underprice any nearby competition.
Nordstrom Exploring Going Private
Nordstrom Inc. announced that members of the Nordstrom family – company Co-Presidents Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom, President of Stores James F. Nordstrom, Chairman Emeritus Bruce A. Nordstrom, and Anne E. Gittinger – have formed a group to explore the possibility of pursuing a “going private transaction.”
Vibram Teams Up With Gold’s Gym For Shoe Collaboration
Vibram has collaborated with Gold’s Gym on the launch of a co-branded, limited-edition cross training FiveFingers shoe.
Oofos Introduces First Full-Coverage Shoe
Oofos launched its first full-coverage recovery shoe with the new Oomg low- and high-top shoes.
Volcom Launches Global Campaign #ThisFirst Rewarding Passion Projects
The Southern California-based lifestyle and apparel company officially launched #ThisFirst – a global initiative seeking inspired and dedicated applicants who will be offered an opportunity to ditch their day job and focus on the one thing they wish they could do full time.
Under Armour Introduces Footwear Customization Platform
Under Armour unveiled a new platform allowing customers to customize athletic shoes by uploading their own images and selecting prints and colors.
Vans Awards $50,000 To Parker High School As They Win The 2017 Vans Custom Culture Competition
Vans named Parker High School from Parker, SD as the grand prize winner of the eighth annual Vans Custom Culture art competition.
New Balance Celebrates Global Running Day With Virtual Relay
New Balance is celebrating global running day on Wednesday, June 7 2017 by hosting a virtual running relay around the world with Team New Balance athletes.
Genesco Sees Major Store Closings In Coming Years
Speaking at the Baird Global Consumer, Technology & Services Conference, Bob Dennis, chairman, president and CEO of Genesco, the parent of Journeys and Lids, said he expects the company will be operating “significantly fewer” stores over the next five years due to continuing declines in mall traffic.
