U.S. consumers are showing a dramatic increase in their spending expectations this holiday season, according to Accenture’s annual holiday shopping survey…
Tag: People
Thule’s Q3 Results Marred by Declining Camera Market
Thule Group reported net sales for the third quarter reached SEK 1.34 billion, up 3.0 percent in currency-neutral terms, as sales of new bike racks, strollers and packs easily offset lower sales of camera bags Case Logic…
Fitbit to Donate $1 Million Across Three Charities With FitForGood
Fitbit unveiled FitForGood, a charitable platform inviting Fitbit fans to get fit for a good cause…
Under Armour CEO To Sell $120 Million in Stock
Under Armour’s CEO plans to sell more than million shares of his company’s stock valued at more than $120 million…
Bauer Sets Layoffs at Distribution Facility
Performance Sports Group Ltd. said 59 employees of Bauer are expected to be terminated between January and February 2016 due to the closing of a distribution facility in Mississauga, Ontario…
Fitbit ‘s Q3 Crushes Guidance
Fitbit Inc. reported revenues catapulted 168 percent year-over-year, easily exceeding the high end of its guidance while adjusted EBITDA nearly doubled. The company significantly lifted its guidance for the year and also announced plans for secondary offe
Alpine Shop Agrees to Acquire Kansas Retail Shop
Alpine Shop, a St. Louis-based and family-owned outdoor retailer, has signed a letter of intent to purchase The Pathfinder, a specialty outdoor store in Manhattan, KS…
Columbia Sportswear Reports Record Third Quarter Results
Columbia Sportswear Company reported record net sales of $767.6 million for the quarter ended Sept. 30, an increase of 14 percent, or 18 percent constant-currency terms compared with a year earlier. Sales grew in the double-digit percentage range at Colum
LCI Brands Promotes Panattoni
LCI Brands, which offers cordage, webbing, stuff sacks and other outdoor accessories under its Lewis N. Clark brand, has promoted Jen Panattoni to Director of Business Development…
Kohl’s to Open Small-format Stores
Kohl's plans to open five to 10 small-format stores measuring 35,000 square feet and 10 to 15 Fila stores in outlet malls across the country in 2016 as part of its latest initiative…
Skechers Opens Second Store in Times Square
Skechers USA, Inc. opened a flagship store at the front of Times Square. Located on the famed Bow Tie in the heart of Times Square, the new location will welcome more than 300,000 passersby daily…
Gander Mountain Announces Executive Promotions
Gander Mountain said Derek Siddons, executive vice president and chief operating officer, will assume the role of president, effective on the retirement of current president Michael J. Owens, on Oct. 31, 2015…
GoPro’s Disappoints with 43 Percent Q3 Growth
GoPro Inc. reported its sales rose 43.0 percent to $400.3 million in the third quarter ended Sept. 30, or about 8 percent shy of analysts’ consensus estimates…
NASGW Announces 2015 Industry Awards and Donations
The National Association of Sporting Goods Wholesalers (NASGW) awarded optics, accessory, ammunition and firearms manufacturers who best show a commitment to the two-step distribution process, and…
CCMP Capital Completes Acquisition of Shoes for Crews
CCMP Capital Advisors, LLC completed the acquisition of a controlling interest in Shoes For Crews, a leader in slip-resistant footwear…
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