Schutt Sports Files Patent Lawsuit Against Riddell
The Schutt complaint identifies Riddell’s SpeedFlex, Revolution Speed, Revolution Speed Classic, 360, Revolution IQ, Foundation, Revolution Edge, Revolution Attack, Revolution Attack-I, Attack, Victor-I and Victor helmet models as infringing Schutt’s patents.
Aisle Talk, Week Of May 15
Top headlines from the active lifestyle industry you may have missed this week.
Is A Mega-Winter Show Headed To Denver?
SIA’s deal to sell the Snow Show to Emerald Expositions, the parent of Outdoor Retailer, positions Denver in a prime position to become the next home to a combined winter show as well as Outdoor Retailer Summer Market.
Golf And Nike Swim Stand Out For Perry Ellis In Q1
Perry Ellis International Inc. continues to see strength in both golf apparel, led by Callaway, as well as Nike Swim, as both segments enter their prime selling periods.
Athleta’s Momentum Continues For Gap
On a conference call with analysts, Arthur Peck, The Gap’s CEO, said Athleta continues to be an “exceptional performer” and remains “one of our key growth brands.”
Under Armour Featured As A LinkedIn Top Company
Under Armour ranked 16 on LinkedIn’s list of the 50 top companies to work for. Fitbit landed at 32 and Amazon was second.
Foot Locker’s Q1 Misses Street Targets
Said Lauren Peters, EVP and CFO, “Even with first quarter sales that ran below expectations, we believe our inventory is still well positioned to drive improved top line results over the balance of the year. At the same time, we are aggressively reviewing and implementing opportunities to lower expenses as we work to achieve a mid-single digit EPS increase for the full year.”
SIA Agrees To Sell Snow Show To Emerald Expositions
Emerald Expositions, the parent of Outdoor Retailer, Surf Expo and Interbike, has reached an agreement to acquire the Snow Show from SIA. The merger is positioned to lead to a combined winter trade show.
Hibbett Sports Re-Elects Two Board Members
Hibbett Sports Inc. re-elected two directors to three-year terms that expire with the 2020 annual meeting. They include Anthony F. Crudele and Ralph T. Parks.
Under Armour To Start MLB Deal In 2019, Not 2020
The full switch to Under Armour for on-field apparel is now set for the 2019 season.
Hibbett Sports Sees Comps Bouncing Back In Second Half
Hibbett Sports reported earnings fell in the first quarter, as projected, on lower sales with continued weakness in legacy sports product. But it also indicated same-store sales are likely to drop again in the second quarter. On the positive side, officials remain hopeful that improved allocations of footwear, its new store-to-home capabilities and the third-quarter launch of e-commerce will provide fresh revenue streams in the back half.
PHIT Support From Congress Growing
In less than three months, the Personal Health Investment Today (PHIT) Act has gained support from 50 Members of Congress with the addition of Congressman Joe Barton (R-Tex.) on Thursday.
Dick’s To Open Three Additional Stores In May
With the grand opening of new stores in Georgia and California, Dick’s will have 697 locations in the country.
OrthoLite Renews Run Partnerships
OrthoLite renewed its partnerships with Girls on the Run and the American Trail Running Association.
Xenith Partners To Title Sponsor Prep Kickoff Classic
The Detroit Sports Commission (DSC) appointed Xenith, a Detroit-based football helmet and equipment manufacturer, the official title sponsor of the Prep Kickoff Classic, the premier season-opening high school football event in Michigan.
