SGB Update Outdoor
Dick’s SG Launches $2 Billion Stock Buyback Program
Dick’s Sporting Goods, Inc. said in a regulatory filing that on December 16, its Board of Directors authorized the repurchase of an additional $2 billion of the company’s common stock.
USA Cycling Appoints New CEO
USA Cycling appointed cycling industry veteran and USA Cycling Chairman of the Board, Brendan Quirk, to be its next CEO, replacing Rob DeMartini.
Revo Brands Announces Acquisition Of Outdoor Edge Cutlery
Revo Brands, the parent company of Real Avid, has now added Outdoor Edge Cutlery to its family of consumer brands.
Shoe Carnival Adds Same-Day Delivery
Shoe Carnival Inc. has launched same-day delivery, in partnership with DoorDash, a first in the family footwear channel.
Academy Sports Appoints Board Member
Academy Sports and Outdoors Inc. announced the appointment of Chris Turner to its Board of Directors and Audit Committee. With this change, Academy’s Board now comprises ten directors. Turner has served as the chief financial officer of Yum! Brands since 2019.
Winnebago’s Q1 Profits Soar Past Analyst Targets
Winnebago Industries reported earnings vaulted 73.5 percent in the fiscal first quarter ended November 27 on a 46 percent sales gain. Results easily topped Wall Street targets.
Adidas Originals To Launch Debut NFT Collection
Adidas announced the launch of the company’s first Adidas Originals NFT collection. The drop is in partnership with the Bored Ape Yacht Club (BAYC), the cryptocurrency investor Gmoney and the comic series Punks Comics.
Adidas To Initiate €4 Billion Share Buyback Program
The Executive Board of Adidas has launched a multi-year share buyback program. Starting in January 2022, the company plans to buy back shares in an amount of up to €4 billion until 2025.
REI To Open Store In Glenwood Springs
REI Co-op will open a new store in Glenwood Springs, CO in summer 2022.
26Red Opens Flagship Store In NYC
26Red, the 90’s streetwear brand, is opening its first flagship store at 145 Orchard Street in New York City.
Yamaha To Purchase Siren Marine
Yamaha Motor Corporation, U.S.A. announced its intention to purchase Siren Marine, a manufacturer of marine-based IoT (Internet of Things) solutions.
Scheels Secures Naming Rights For Legacy Sports Complex
Scheels has secured the naming rights for the multi-use sports facility that is under development in the vicinity of its store in the Legacy Pointe Town Center in Springfield, IL.
Winmark Announces Board Changes
Winmark Corporation, the parent of Play It Again Sports, announced that Kirk A. MacKenzie has informed the company of his decision not to stand for re-election to the Winmark Board of Directors.
Nitro Snowboards Partners With Burton
Nitro Snowboards entered into a boot licensing partnership for two Step On compatible boot models, hitting shops in the fall of 2022.
November Retail Sales Put Holiday Season On Track To Set New Records
Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19, the National Retail Federation said.
