Big Rock Sports Announces Nashville Show
Big Rock Sports LLC announced that the outdoor distributor will consolidate its annual January shows into one industry-leading event next year in Nashville, TN.
Aisle Talk, Week Of January 8
Top headlines from the active lifestyle industry you may have missed this week.
Wolverine World Wide Sued For Leaking Chemical Contaminants In Water
The state of Michigan sued Wolverine World Wide toto reimburse the government for past and future costs of chemical contaminants in drinking water.
Columbia Sportswear Names Ethan Pochman VP Of Marketing
Ethan Pochman joins the brand from Performance Health, a private health and wellness consumer products company, where he served in several leadership roles since 2008, including vice president of sales and marketing, and vice president of global marketing.
L.L.Bean Gives $2 Million To Nonprofit Organizations In 2017
L.L.Bean announced year end approval of its charitable giving program that will allocate $2 million in grants to more than 70 organizations for annual gifts, plus additional funding in smaller grants to dozens more.
Mountain Khakis Lassoes Terra PR For Media Relations
“Terra Public Relations is the PR team to authentically champion the MK story to both endemic and mainstream audiences,” said Jen Taylor, brand manager and director of creative development at Mountain Khakis.
Hydro Flask Sees Robust Sell-Throughs In Q3
Said Julien Mininberg, CEO of Helen of Troy on a conference call with analysts, “Hydro Flask, with its number one market share position in insulated beverage bottles, continues to enjoy excellent point of sale performance across channels we track; retailer inventory levels are largely in line with consumer takeaway.”
Bass Pro Asking Former Cabela’s Owners/Execs To Donate To Severance Fund
According to a report from the Omaha World-Herald, Johnny Morris, the CEO of Bass Pro, is asking former Cabela’s executives and owners to donate some of the money they earned in the sale to Bass Pro to a severance fund for Cabela’s employees. Morris has pledged to match any donation.
Academy Sports + Outdoors Names Michael Mullican Chief Financial Officer
Academy, Ltd. d/b/a Academy Sports + Outdoors, announced the full time appointment of Michael Mullican as chief financial officer, effective January 10, a position he has held on an interim basis since September 2017.
L.L. Bean Joins The Cotton LEADS program
L.L. Bean has confirmed its commitment to sourcing responsible cotton by joining the Cotton LEADS program. The leading global retailer joins more than 470 program partners.
SGB Industry Outlook 2018
Nearly 40 active lifestyle industry executives share their thoughts on where we’re headed next. Comments from Brooks, Smartwool, PGA Tour Superstore, United Sports Brands, Fleet Feet, PrimaLoft, The North Face, Osprey Packs, TRX Training, Wilson, Saucony, SKLZ and others.
Susquehanna Downgrades Under Armour Over Discount-Channel Concerns
Believing it’s making the same mistake as Reebok in selling to lower-tier channels, Susquehanna Financial Group lowered its stock rating on Under Armour to “Negative,” which is essentially a sell, from “Neutral.”
Columbia Sportswear To Skip Outdoor Retailer Show
Columbia Sportswear said it has made the “difficult decision” to not attend the Outdoor Retailer + Snow Show in Denver. Arc’teryx is also not attending, according to a report from Gearjunkie.
Maurice Sporting Goods Completes Sale To Middleton Partners
Maurice Sporting Goods, LLC, one of North America’s largest distributors of outdoor sporting goods, said it’s again set to pursue growth now that it completed its fully capitalized following its acquisition by Middleton Partners.
Big 5 Cuts Q4 Guidance On Weather Woes
Big 5 Sporting Goods Corp. slashed its fourth-quarter earnings guidance as “extraordinarily dry and warm weather conditions” led to a double-digit comp decline in December.
