Adidas Re-Signs Real Madrid In Mega-Deal
Adidas has reportedly renewed its kit sponsorship with Real Madrid with a new new 10-year deal worth around £840 million.
REI To Relocate Englewood, CO Store
Outdoor co-op REI shared plans to relocate its Englewood, CO store to nearby Greenwood Village in the fall of 2017.
Nine West Holdings Retains Lazard
Nine West Holdings Inc. has retained Lazard as its investment banker to proactively evaluate a long-term capital structure solution for the company.
Coach To Acquire Kate Spade For $2.4 Billion
Coach Inc. signed a definitive agreement to acquire Kate Spade & Company. Under the terms of the transaction, Kate Spade shareholders will receive $18.50 per share in cash for a total transaction value of $2.4 billion.
Chaco Collaborates With United By Blue
The collections includes board shorts, tee-shirts, a backpack and a hat, as well as Chaco sandals featuring original strap designs inspired by ocean waves.
Black Diamond Trims Q1 Loss
Black Diamond Inc. reduced its loss in the first quarter as sales advanced 9 percent due to strong growth across each of its different product categories of climb, mountain and ski.
Former Jarden Outdoor Segment Sees Meager Q1 Growth For Newell Brands
Growth from Contigo beverage containers, Coleman coolers and Team Sports was partially offset by inventory destocking at Fishing and ongoing challenges on Coleman camping.
Camping World Owner Vows To Revive Gander Mountain
Marcus Lemonis, chairman and CEO of Camping World, has pledged to bring back at least 70 Gander Mountain locations. He expects the chain will greatly benefit from lease renegotiations, a merchandise overhaul and localizing assortments by market.
Dorel Sports Sees Cycling Profits Rebound
“Dorel Sports improved materially as a restructuring efforts and more cost efficient cost structure are now bearing fruit,” stated Martin Schwartz, president and CEO of Dorel Industries.
Nike’s Attempt to Beat 2-Hour Marathon Falls Just Short
Eliud Kipchoge finished his marathon in 2 hours and 25 seconds. The 32-year-old’s time smashed the official mark of 2:02:57 set by fellow Kenyan Dennis Kimetto in Berlin in 2014 but will not enter the record books largely due to a non-compliant system of pacemaking.
Greats, The Sneaker Start-Up, Secures More Funding
Greats, the Brooklyn-based digitally native, direct-to-consumer sneaker company, announced a $10 million Series B round of financing led by JH Partners.
GOB Sales Start At Gander Mountain
Inventory liquidation sales are now under way at all Gander Mountain store locations. As reported, Camping World has agreed to acquire a minimum of 17 stores and expects to reopen locations following the liquidations.
Newell Brands Lifts Q1 Guidance On Improved Q1
Newell Brands reported pro-forma core sales in its Play segment grew 0.5 percent as solid growth on Beverages, Coolers and Team Sports was largely offset by substantial inventory destocking on Fishing and selected Coleman product categories.
Aisle Talk, Week Of May 1
Top headlines from the active lifestyle industry you may have missed this week.
Adidas Brand Catapults 36 Percent In North America In Q1
Showing the brand is indeed regaining market share against Nike and several other competitors, Adidas Group reported currency-neutral revenues for the Adidas Brand vaulted 36 percent in the first quarter in the North America region.
