Ultimate Direction Hires Sales Manager And Marketing Manager
Morgan Newlon and Craig Randall round out the hydration and wearable gear brand’s leadership team.
Sports Direct’s U.S. Operations Post Loss On Charges
Sports Direct reported underlying EBITDA in its US Retail segment, including Eastern Mountain Sports and Bob’s Stores, was a loss of £23.0 million in the first half ended October 29 on sales of £63.9 million.
Sporting Goods Stores Sales Rebound in November
Retail sales in November increased 0.9 percent over October on a seasonally adjusted basis and were up 6 percent year-over-year unadjusted, according to calculations released by the National Retail Federation.
The Outdoor Foundation Names Lise Aangeenbrug As Executive Director
The Outdoor Foundation (OF), the philanthropic arm of Outdoor Industry Association (OIA), announced that Lise Aangeenbrug, veteran conservation champion, has been named its new executive director.
Deckers Wins Fight Against Activist Investor
Triumphing from a 10-month fight against an activist shareholder, Deckers Brands said all its candidates had been elected to its board of directors at its 2017 Annual Meeting of Stockholders.
REI Co-op Names Three New Executive Leaders
REI announced three recent hires to lead its teams in legal, information technology and REI Co-op Brands: Wilma Wallace, Christine Putur and Chris Speyer.
Deutsche Bank Turns Bullish On Athletic Stocks
Deutsche Bank upgraded its stock ratings on both Lululemon and Finish Line while lifting its price targets on Nike, Under Armour, Foot Locker, Dick’s Sporting Goods, Hibbett Sports and Big 5 due to improving fundamentals for the athletic channel.
Morgan Stanley Raises Price Target On Dick’s Sporting Goods
Morgan Stanley raised its price target on Dick’s Sporting Goods to $30 from $28, believing the “company and stock are at a pivotal moment.”
Deckers Wins Proxy Contest Against Activist Investor
Deckers Brands announced that, based on the preliminary vote count following its 2017 Annual Meeting of Stockholders, it appears that stockholders have voted to re-elect all of Deckers’ directors.
Trump Sued By Patagonia, Coalition Over National Monuments Proclamation
A broad coalition of Native American, conservation, and historic preservation organizations, outdoor industry, scientists, and outdoor recreationists sued the Trump Administration to strike down what they claim is the the President’s “extreme overreach of authority in revoking the Bears Ears National Monument.”
City Sports Plots A Comeback
With its first store soon to reopen and an upcoming relaunch of its website, the new owners of City Sports are making progress toward its goal of reestablishing the athletic chain in urban centers.
Decathlon Lands In San Francisco
Marking its return to U.S. retailing, Decathlon has opened a store in San Francisco on 735 Market Street in a former Golfsmith location.
Headsweats Teams Up With Public Lands Alliance
Headsweats will be recognized as a Benefactor level sponsor of the organization in 2018 and will attend the annual trade show and convention.
Outdoor Retailer Announces Nominations For Inspiration Awards
Nominations are open for the eighth annual Inspiration Awards, presented by Adidas Outdoor, taking place January 25, 2018 at the Colorado Convention Center, as part of Outdoor Retailer + Snow Show in Denver, CO.
VF Named One Of America’s Most Just Companies
VF Corporation was named one of America’s Most JUST Companies, according to Forbes and JUST Capital, a nonprofit that ranks the U.S.’s largest publicly traded corporations on the issues Americans care about most.
