New Balance Signs Athletic Bilbao
New Balance will supply the squad with kit, training wear and equipment from the 2017/18 season in a six-year deal, taking over from Nike.
Eddie Bauer Guide Adrian Ballinger Summits Mt. Everest Without Supplemental Oxygen
Eddie Bauer alpinists Adrian Ballinger and Cory Richards successfully summited Mt. Everest. Ballinger reached the mountain’s peak without the use of supplemental oxygen, a feat accomplished only by just over 200 others to date.
Industry Leaders Urge Moving Outdoor Retailer Show To Denver
Concerned that the Outdoor Retailer show may be moving to Las Vegas or another perceived inappropriate location, five industry leaders – Beaver Theodosakis, Kim Miller, Dan Nordstrom, Casey Sheahan and Dawson Wheeler – penned an open letter urging the event’s stakeholders to choose Denver as the future destination of the show.
Fleet Feet Hires Brent Hollowell As VP Of Marketing And Vendor Management
Hollowell’s background includes retail and marketing leadership positions at Foot Locker, Adidas America, and Nathan.
Newell’s Winter Sports Unit Sold To PE Firm
Newell Brands Inc. said Friday it reached a definitive agreement to sell its Winter Sports businesses, formerly part of Jarden Group, to Kohlberg & Company, the private equity firm, for $240 million.
Aisle Talk, Week Of May 22
Top headlines from the active lifestyle industry you may have missed this week.
Momentum At Ugg And Hoka Boosts Deckers Brands Q4
Helped by cost-cutting initiatives and a better-than-expected top-line performance from Ugg, Hoka and direct to consumer (DTC) overall, Deckers Brands reported both earnings and sales for the fourth quarter ended March 31 came in above guidance.
Athletic Powers Caleres To Above-Plan Quarter
With athletic continuing to pace Famous Footwear’s sales and Under Armour set to arrive in June, Caleres Inc. reported earnings in the first quarter that were down but ahead of Wall Street’s targets.
L.L.Bean Announces Summer In The Park Schedule
L.L.Bean announced its annual Summer in the Park schedule at Discovery Park in Freeport, ME. Events include free morning yoga sessions, outdoor movie nights and free concerts with Grammy Award winning artists.
USA Swimming Foundation Study Shows Improved Kids Swimming Ability
Timed to Memorial Day Weekend and the traditional opening of summer swimming season approaching, the USA Swimming Foundation announced a 5-10 percent improvement in overall swimming ability from its previous findings in 2010, according to a new study regarding swimming ability amongst America’s youth conducted by the University of Memphis and University of Nevada-Las Vegas.
Merrell Work Joins Forces With Team Rubicon
Merrell announced a new partnership with Team Rubicon, the nonprofit organization that unites the skills and experiences of military veterans with first responders to rapidly deploy emergency response teams.
Genesco’s Shares Plunge 23 Percent On Reduced Outlook
Shares of Genesco Inc. tumbled $10.15, or 22.8 percent, to $34.40 on Thursday after the company slashed its guidance for the year due to weak store traffic in its U.S. businesses and expectations that the turnaround at Journeys would take longer than originally estimated.
Caleres’ Q1 Earnings Slide
The parent of Famous Footwear saw earnings decrease 16.7 percent but the company managed 8.0 sales growth and more than 50 basis points of gross margin improvement.
Deckers Brands Beats Internal Guidance In Q4
Deckers Brands reported both earnings and sales for the fourth quarter ended March 31 came in better than expected. Sales were down 4.5 percent. Among its brands, sales declined 1.1 percent for Ugg, 13.3 percent for Teva and 16.1 percent for Sanuk but climbed 32.7 percent for Hoka One One.
Shoe Carnival Seeing Uptick In Spring Sales
Shoe Carnival indicated that its sandals business picked up nicely in May and it will be reallocating inventory dollars to athletic and athleisure categories due to continued strength in those areas.
