REI CEO Jerry Stritzke took to Reddit to promote the company's decision to close its stores on Black Friday, but the topic of questions quickly shifted to employee frustrations…
Tag: People
Mizuno USA Partners with Cardio Sport
Mizuno USA Inc. and Cardio Sport entered an exclusive partnership with the goal of enhancing the athletic experience for current and future fitness enthusiasts…
Implus Hires Verde Brand Communications
Implus, parent company for several brands including Yaktrax, ICEtrekkers, Sneaker Balls, Sof Sole and DryGuy, recently signed Verde Brand Communications as its official brand communications agency…
RootsRated.com Secures $2.5 Million Series A Investment
RootsRated.com, a Chattanooga,TN-based outdoor media platform, has secured a total of $2.5 million in a recent Series A funding round…
Yue Yuen’s Nine Month Revenues Climb 6 Percent
Yue Yuen reported sales rose 5.8 percent in the nine months to $6.28 billion from $5.94 billion a year ago. Excluding non-recurring items, profits dipped 8.1 percent…
Under Armour Reorganizes Management Ahead of COO Departure
Under Armour Inc. announced a number of executive moves designed to streamline the company's strategic and operational initiatives and support the company’s long-term global growth plans, following the previous announcement of its COO's pl
Endeavor Athletic Hires VP of Marketing and Business Development
Endeavor Athletic hired Jess Ceresino as Vice President of Marketing and Business Development to help launch the apparel branch of the business…
Iconix Logs Q3 Loss
Iconix Brand Group reported a loss of $6.3 million, or 13 cents a share, in the third quarter after a number of special charges against earnings of $33.7 million, or 58 cents, a year earlier…
Gander Mountain Opening in Chesterfield, MO
Gander Mountain is celebrating its new store in Chesterfield, MO with a grand opening ceremony, including celebrity appearances, family activities and giveaways…
Dorel Appoints Global Head of Parts and Accesories at Cycling Sports Group
Dorel Sports, a segment of Dorel Industries, announced the promotion of Nick Larsen to global head of parts and accessories for its Cycling Sports Group…
Global Brands Agrees to Acquire Planet Socks Assets
Global Brands agreed Nov.5 to acquire PS Brands hosiery business through a U.S. subsidiary for up to $140 million in a bid to become a top player in the licensed sock market in North America…
L.L.Bean’s First Outside CEO Says He’s Coming Home
L.L.Bean Inc. has named a veteran of the supermarket industry who has worked in England, Belgium and China as its next president and CEO and the first outsider to fill the position in the company's 103-year history…
Crocs Blames Q3 Loss on China Inventory Glut
Crocs Inc. swung to a net loss of $27.8 million in the third quarter ended Sept. 30 after holding back shipments to Chinese distributors. The Niwot, CO footwear company reported revenue of $274.1 million, down 9.4 percent, or -0.8 percent in currency-neut
City Sports to Close All Stores
City Sports Inc. is planning to liquidate all of its 26 stores after failing to find a buyer in bankruptcy proceedings…
Sturm Ruger Profits Rise on Jump in Shipments
Sturm, Ruger and Company Inc. estimates sell-through of the company’s products from independent distributors to retailers outpaced criminal background checks more than three-fold during the quarter, clearing the way for a big increase in fourth quar
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