SGB Update Footwear
Bryant Estate Reaches New Deal With Nike On Kobe Bryant Shoes
Kobe Bryant’s estate has reached a new long-term contract with Nike to continue producing both footwear and apparel from Bryant’s Zoom Kobe series, Nike and Vanessa Bryant announced.
New Balance Opens Factory In Methuen, MA Producing MADE 990v5 Running Shoe
New Balance opened an 80,000-square-foot footwear factory in Methuen, MA, after undergoing a $20 million renovation. The factory began production in January 2022, signaling its commitment to U.S. manufacturing.
Evo Announces Appointments To Executive Team
Evo, the online retailer of outdoor gear and fashion apparel based in Seattle, WA, announced the addition of Xandy Anderson and the promotion of Ben Wallace.
Patagonia And REI To Boycott Outdoor Retailer Show Upon Return To Utah
Patagonia and REI issued statements that said the companies would not attend Outdoor Retailer when it returns to Salt Lake City in 2023.
Foot Locker Sets Goal To Achieve Net Zero Greenhouse Gas Emissions By 2050
Foot Locker, Inc. announced its ambition to achieve net-zero GHG emissions by 2050 or sooner to align with the climate scientists recommendations to transition toward a net-zero state.
361° Sales Advance 16 Percent In 2021
361 Degrees reported profits rose 45.0 percent in the year ended December 31 as revenue increased by 15.7 percent.
Adidas To Create NIL Network
Adidas announced that it would create a name, image and likeness (NIL) network for up to 50,000 college athletes to become paid endorsers for the brand.
Yeezy Appoints Head Of Design
Kanye West’s Yeezy appointed Nur Abbas, previously Nike ACG’s design director, as head of design.
Sportfishing Industry Association Appoints Pacific Fisheries Policy Director
The American Sportfishing Association (ASA) announced that Larry Phillips has joined ASA as its Pacific Fisheries policy director. Phillips most recently served as Region 6 Director for the Washington Department of Fish & Wildlife.
OR Show Returning To Salt Lake City In 2023
The Outdoor Retailer trade show, owned by Emerald Expositions, is returning to Salt Lake City, UT in 2023. The show had moved to Denver in 2018 because of Utah’s environmental policies and local political leaders’ support of the shrinking of the Bears Ears and Grand Staircase-Escalante national monuments and other federal land policies.
Kathmandu Parent Sees Slight Sales Decline In First Half
KMD Brands, formerly Kathmandu Holdings Limited, reported sales dipped 0.8 percent in the six months ended January 31. The second quarter showed a positive rebound following Q1 COVID lockdown impacts on Kathmandu and Rip Curl in Australasia. Oboz’s sales were impacted by COVID closure of Vietnam factories.
Anta Sports’ Sales Grew 39 Percent In 2021
Anta Sports reported sales for the year ended December 31 vaulted 38.9 percent to RMB49.32 billion ($7.74 bn). Sales for Amer Sports were up 18.1 percent.
SureWerx Acquires Footwear Specialties International
SureWerx, a manufacturer of safety, tool and equipment products, announced that it has acquired Footwear Specialties International (FSI), a maker of safety footwear based in Portland, OR. Terms of the acquisition were not disclosed.
Tennis Sees Significant Growth In 2021 Participation And Equipment Sales
The USTA announced that tennis showed significant growth in participation and equipment sales in 2021, marking the second year for the trend.
Fila Group’s Sales Expand 8 Percent In Fourth Quarter
Korea-based Fila Group reported sales grew 7.9 percent in the fourth quarter and 21.3 percent in the full year. At Fila USA, sales were down 8.7 percent in the fourth quarter but grew 11.5 percent for 2021.
