Asics Re-Signs Gaël Monfils
Asics announced that it re-signed French tennis star Gaël Monfils to a multi-year agreement to support the launch of the COURT FF.
Asics America Beefs Up Exec Team
Asics America recently named Barbara Turner as vice president of human resources and Lisa Hatton Harrington as general counsel.
Under Armour To Reach Kohl’s In Early March
On a conference call with analysts, Kevin Mansell, Kohl’s CEO, said the company expects the Under Armour launch to be a “significant enough business in year one to add 75 basis points to 100 basis points to our overall company comp.”
Youfit Teams Up With The Color Run
The chain of budget-friendly fitness centers partnered with The Color Run for its Dream World Tour 2017.
Gildan Activewear Sees Weak Reorders Curbing Q4 Sales Growth
On a conference call with analysts, Rhod Harries, EVP and CFO, said sales were impacted by “weak store traffic trends and a weak holiday period, which drove retailers to limit replenishment and manage down inventory levels during the fourth quarter.”
Adidas Partners With Prep Baseball Report
The agreement creates a platform to provide kids visibility to high school, college and pro teams across a national footprint.
Darby Communications Launches Stand Up Initiative
The program will support environmentally focused non-profit organizations by providing PR related services to groups working towards environmental and sustainable advocacy.
Fitbit Sees Weakness Continuing In Q1
For the first quarter of 2017, Fitbit expects revenues in a range of $270 million to $290 million, which represents about a 45 percent decline from sales of $505.4 million recorded in the first quarter of 2016.
Ryan Dawkins Launches Mascot Sports
The veteran endurance sports executive rolled out a San Francisco-based sponsorship and experiential marketing company focused on bringing together athletes, brands and live events.
Nike Partners With Tennis Star Li Na
This March, the swoosh will release the China-exclusive Li Na Collection, honoring her trailblazing determination and encouraging more girls to follow in her footsteps.
Iconix’s Active Labels Deliver Mixed Q4 Performance
Iconix Brand Group indicated that some of its active brands are facing challenges in lower channels that are not being completely offset by momentum seen by several of its labels in mid-tier and independent channels.
Billabong Sells Tigerlily Swimwear Brand
Billabong International Limited entered into an agreement to sell its Tigerlily business to Crescent Capital Partners.
Performance Sports Group Extends Sale Closing Date
Performance Sports Group said it has extended the closing date to February 27, 2017 for the sale of substantially all of the assets of the company and its North American subsidiaries.
Gildan Activewear’s Q4 Revenues Climb 8 Percent
Gildan Activewear reported fourth-quarter earnings that came in slightly better than planned. Sales in its Printwear segment were in line with expectations, while retailer inventory reductions contributed to lower-than-anticipated sales in Branded Apparel.
The Finish Line Youth Foundation Donates $526,203 In Q4
The Finish Line Youth Foundation awarded $151,203 in grants and $375,000 in donations for Special Olympics in the fourth quarter of 2016.
