FGL Sports Q4 Boosted By Chilly Winter
FGL Sports marked a return to mid-single digit comp growth in the fourth quarter with the boost of chilly Winter. Canadian Tire Corp, its parent, also indicated it acquired Sher-Wood Athletics as part of an overall effort by the company to increase its number of owned brands and appointed TJ Flood as president, FGL Sports.
Protect Our Winters (POW) Partners With Ikon Pass
The Ikon Pass, Alterra Mountain Company’s new pass product, has partnered with Protect Our Winters (POW) to further climate change education and advocacy through a new partnership.
L.L. Bean Sued For Removing Lifetime Return Policy
A customer has filed a lawsuit against L.L. Bean for ending its unlimited-return policy.
Dick’s Hikes Quarterly Dividend By 32 Percent
“The significant increase in our dividend demonstrates the strength of our balance sheet and the confidence we have in our company’s future,” said Edward W. Stack, Chairman and CEO. “We remain firmly committed to investing in the profitable growth of our business and returning capital to our shareholders.”
FGL Sports’ Q4 Sales Climb 5.5 Percent
Canadian Tire reported that sales at FGL Sports were up 5.5 percent overall and 5.8 percent on a same-store basis in the fourth quarter ended December 30.
POC Names Ben Coates Managing Director For North America
POC, a leading manufacturer of ski and cycling helmets, eyewear, apparel and protection, has appointed cycling industry veteran Ben Coates as managing director for North America. Coates joins POC following fifteen years at Trek Bicycle.
Mountain Khakis Appoints Senior E-Commerce Manager
Mountain Khakis announced Katie Spikes (a.k.a. “Spikes”) has joined their team as senior e-commerce manager.
Shimano’s Cycling Sales Regain Momentum
Shimano saw sales in its Bicycle Components segment returned to double-digit growth in the fourth quarter while showing modest gains in its Fishing Tackle segment.
Swiftwick Pairs With Backbone Media
Tennessee-based sock company Swiftwick announced it is teaming up with Backbone Media to drive its public relations.
Volcom’s Revenues Slide 4.7 Percent In 2017
Kering reported that Volcom recorded €230 million in revenue in 2017, down 4.7 percent as reported and down 3.2 percent at constant exchange rates.
January Retail Sales Climb 5.4 Percent
An improving economy fueled a healthy 5.4 percent increase in retail sales year-over-year, the National Retail Federation said. Among sectors, sporting goods stores showed the only year-over-year decrease, down 5.9 percent.
VF Corp. Named One Of The World’s Most Ethical Companies
VF Corp. has been recognized as one of the 2018 World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
Birkenstock Voted Most Animal-Friendly Shoe Company
Birkenstock has received the peta2 Libby Award “Most Vegan-Friendly Shoe company 2017.”
Shimano’s Profits Dip In 2017
Shimano reported earnings dropped 24.6 percent in 2017 despite a 4.0 percent gain in revenues.
Tentsile Looks To Progression Brands To Leverage Experience And Resources To Fuel Growth
Tentsile, an innovative tree-tent brand and environmental steward, and Progression Brands Group, an equity investment and operating group, have entered into a partnership.
