Dorel Sports Revenues Slump In Q4
The quarter’s revenue decline was due primarily to the change in North American CSG dealers’ purchasing habits to reduce their inventory prior to the cycling season.
Reebok Opening Fitness Showrooms
Reebok is opening showrooms in cities that also offer ample spaces for fitness classes.
JackRabbit’s New Owner Eyes Expansion
Said Bill Kirkendall, CEO of JackRabbit, in an interview with SGB, “Our strategy is to consolidate all stores under the JackRabbit banner and grow organically and through acquisitions.”
Zappos.com Honored At Annual Summit Of Cult Brands
Zappos.com was honored with two awards at a gala ceremony on February 23, 2017, at The Gathering in Banff, Canada, an annual summit celebrating the world’s most coveted brands.
Tough Mudder Continues Global Expansion With ESPN
Tough Mudder, Inc. announceD global expansion deals with ESPN Media Distribution and Sports Media and Entertainment 360 (SME360) that furthers the brand’s global content reach and geographic event footprint.
Zumiez’s Q4 Profits Climb 38 Percent On 9 Percent Sales Gain
Rick Brooks, CEO of Zumiez, stated, “Our fourth quarter earnings performance exceeded expectations driven by efficiencies realized as we continued to execute on our omni-channel and localization efforts combined with a more favorable tax rate.”
Rocky Brands Appoints CFO
Rocky Brands Inc. announced that Thomas Robertson has been appointed chief financial officer of the company.
OluKai Sponsors REI Outessa
OluKai signed on as the official lifestyle footwear sponsor of REI Outessa, three outdoor adventures designed to connect women with the outdoors in a supportive learning environment.
CriticalPoint Capital Confirms JackRabbit Acquisition
In partnership with management, CriticalPoint will support JackRabbit’s continued organic growth strategy, as well as provide the company with additional capital to pursue future acquisitions, which is expected to result in market share gains in the years ahead.
Salt Lake City Wants Outdoor Retailer Back
The Salt Lake City Council passed a resolution Tuesday night calling on show and industry leaders to reconsider its decision to move, according to the Salt Lake Tribune.
Under Armour Announces UA Mountain Running Series
The running series reaches Oregon’s Mt. Bachelor, Killington in Vermont and Copper Mountain in Colorado.
Skechers Performance Extends Partnership with Pro-Golfer Billy Andrade
Billy Andrade has been a part of the GO Golf pro team since the global footwear company debuted its line of performance Golf footwear and apparel.
AND1 And Avia Expand To Brazil
Sequential Brands Group Inc. entered into a long-term license agreement with SPR Indústria de Confecção Ltda., a leading sports manufacturer and distributor to bring its basketball brand AND1, active lifestyle brand AVIA, and skate brand DVS to Brazil.
Adidas Ramps Up Growth Goals
In his second quarterly conference call since taking over as CEO of Adidas AG, Kasper Rorsted strongly bumped up the company’s long-term growth outlook while announcing several new initiatives to support its five-year ‘Creating the New’ business plan.
Quiksilver Inc. Renamed Boardriders Inc.
The new name is intended to represent the company’s full range of action sports brands — Quiksilver, Roxy and DC Shoes — unified by the boardriding culture and heritage.
