Sports & Fitness Product Industry Exceeds $90 Billion In Sales
SFIA’s 2018 Manufacturers’ Sales Report shows sales in the sports and fitness industry grew 2.9 percent in 2017, which represents the best annual growth in three years.
‘Keeping The Tribe Together’: Industry Praises OR + Snow Show Date Change
Outdoor Retailer’s announcement that OR + Snow Show is moving to the end of January for at least the next four years and will immediately follow Winter Sports Market has garnered high praise from snow sports and outdoor stakeholders alike.
Outdoor Retailer Snow Show Dates Moving To Last Week In January Beginning 2019
Outdoor Retailer announced that dates for future Outdoor Retailer Snow Shows will move into the last week of January beginning in 2019 and will remain in the last week of January through 2022.
Unifi To Acquire National Spinning’s Dyed Yarn Unit
The acquisition is expected to enhance Unifi’s position as a leading producer of dyed staple and filament yarn in the region, and will add acrylic and wool products to the company’s dyed yarn portfolio.
Starboard Nominates Four For Newell Board
Starboard Value LP, the activist hedge fund seeking to replace Newell Brands’ board, charged in a letter to Newell’s shareholders that Newell entered into a “hastily constructed” agreement with famed investor Carl Icahn that may lead to Newell electing directors to the board who are weaker than its own nominees.
Academy Sports Opens Stores In Shreveport And Madison
Academy Sports + Outdoors opened new stores in Shreveport, LA and Madison, MS.
Camping Popularity Grows With Addition Of 6 Million New North American Campers Since 2014
More than 6 million new North American households have adopted the camping lifestyle since 2014, with the number of campers who camp three times or more each year – the most avid group of campers – having increased by 64 percent, according to the results of the 2018 North American Camping Report by KOA.
Zumiez’s March Comps Climb 12.6 Percent
Zumiez Inc. announced, that total net sales for the five-week period ended April 7, 2018 increased 14.7 percent to $82.3 million, compared to $71.7 million for the five-week period ended April 1, 2017.
Adidas And Vans Winning With Teens
Adidas, Vans, Supreme, Champion and Lululemon all saw a strong uptick in mindshare among teens in Piper Jaffray’s 35th semi-annual Taking Stock With Teens survey. Nike, Converse and Under Armour all lost ground.
Dutch Solar Products Company WakaWaka Goes Public
WakaWaka – which improves access to light and power for a person living off the grid whenever a consumer buys a solar light or power bank – is the first European B Corporation with public offering.
LifeStraw Names Adam Janecka Head Of Retail Sales
Sales veteran of 20-plus years to drive international growth for filtration and purification products company.
Bigtruck Adds Outside Directors, Elects Chairman
Bigtruck, the headwear specialist, has expanded the company’s board of directors to include two new outside directors, bringing industry experience and perspective to the brand.
Columbia Sportswear To Acquire Remaining Interest In China Joint Venture
Columbia Sportswear Company announced the intent to acquire the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture that the company currently operates in China with Swire Resources Limited, a subsidiary of Swire Pacific Limited.
University Of Washington Switches From Nike To Adidas
University of Washington athletic officials announced plans for a 10-year agreement to make Adidas the official athletic footwear and apparel partner of the Huskies through June of 2029. The university had been wearing Nike for 20 years.
Canada Goose Files $1.25B Preliminary Base Shelf Prospectus
Canada Goose Holdings Inc. has filed a preliminary short form, base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada.
