Fleet Feet’s Jeff Phillips Exits
Jeff Phillips has stepped down as president and CEO of Fleet Feet Sports. In a statement, Joey Pointer, CFO of Fleet Feet Sports, said he will be partnering with the Fleet Feet Sports board of directors “to lead the company through this change.”
VF Corp. Recognized For Ethics
VF Corp. has been recognized as a 2017 World’s Most Ethical Company by the Ethisphere Institute.
L.L.Bean Weathers Boycott Threats
Apparently skirting any major impact from calls for a boycott over political contributions, L.L.Bean was able to deliver sales in 2016 that were flat against the prior year.
Jeff Phillips Out At Fleet Feet Sports
Jeff Phillips has stepped down as president and CEO of Fleet Feet Sports. In a statement, Joey Pointer, CFO of Fleet Feet Sports, said he will be partnering with the Fleet Feet Sports board of directors “to lead the company through this change.”
Farm To Feet Signs On As Gathering Of Friends Title Sponsor
The 2017 meeting of the Mountains-to-Sea Trail and the extended weekend celebration in Elkin, NC serves as a kickoff to a year-long celebration of the trail.
Finish Line Teams Up With Rich Homie Quan And Adidas For Sneaker Release
The retailer will also supply prizes for a sweepstakes sponsored by Motown Records in conjunction with the release of his newest single “Replay.”
J.C. Penney Discloses 138 Stores Being Closed
J.C. Penney on Friday released a list of 138 stores it plans to close. In January, it said it would close 130 to 140 locations.
Burton’s Chief Creative Officer Forms Agency
Burton said longtime Burton chief creative officer, Greg Dacyshyn, has decided to venture out on his own after more than two decades at Burton to start his own creative agency called ‘Camp High’.
L.L.Bean Reports Flat Sales For 2016
L.L.Bean announced sales in 2016 were $1.6 billion, up slightly from the prior year. The L.L.Bean family and board of directors approved payment of a 3 percent discretionary cash performance bonus to approximately 6,000 eligible employees.
MC Sports To Wind Down Headquarter Operations Starting March 31
While still seeking a buyer for the business as a going concern as part of its bankruptcy recovery efforts, MC Sports plans to wind down operations at its headquarters and distribution center starting March 31.
Aisle Talk, Week Of March 13
Top headlines from the active lifestyle industry you may have missed this week.
Caleres’ Stock Sinks On Weak Outlook
Caleres Inc. reported a healthy profit gain in the fourth quarter on adjusted basis. But those earnings still reached the low end of guidance with a significant drop in profits at Famous Footwear, its net results were dragged down by a number of impairment charges, and a soft near-term outlook was given for the current year.
Former Patagonia CEO Makes Massive Land Donation In Chile
The donation from Kristine Tompkins is being billed as the world’s largest donation of privately held land.
Nike To Open Pop-Ups For Air Max Day Celebration
Nike will be opening four “Sneakeasy” pop-up locations in late March in New York City, Chicago, Los Angeles and Toronto for its fourth annual Air Max Day celebration, according to Sneakernews.com.
Caleres Sees Q4 Earnings At Low End Of Guidance
Caleres Inc., the parent of Famous Footwear, reported adjusted earnings in the fourth quarter that came in at the high end of its expected range but the company delivered a cautious near-term outlook.
