Winnebago’s Sales Dip In Fourth Quarter
Winnebago Industries reported net earnings rose 7.0 percent in the fourth quarter ended August 31 despite a 1.1 percent dip in sales.
Gildan Steps Up U.S. Production With $5 Million North Carolina Yarn Mill
Gildan Activewear plans to invest $5 million to revamp and operate a new yarn spinning mill in Eden, NC. The new location will be the company’s fifth state-of-the-art yarn spinning mill in North Carolina.
PrimaLoft Partners With Parley For The Oceans
PrimaLoft Inc. and environmental organization Parley for the Oceans announced a strategic partnership that will take plastic intercepted from remote islands, beaches and coastal communities and use it to manufacture high-performance insulation products.
REI Welcomes Kelley Hall As New CFO
REI Co-op has hired Kelley Hall as its new chief financial officer. Hall was senior vice president, chief accounting officer, and treasurer at Nordstrom Inc.
NSGA Applauds Department of Labor Ruling on Overtime Pay
The National Sporting Goods Association (NSGA) on Tuesday applauded the decision by the U.S. Department of Labor (DOL) on its final ruling that exempt employees who make less than $35,568 are eligible for overtime pay under the Fair Labor Standards Act (FLSA). The increase from $23,660 goes into effect January 1, 2020.
Winter Showing Signs Of Rebound In Southeast Resort Destinations
September’s booking pace improved overall performance at participating Southeast properties for the winter season, but having started the season in negative territory at the beginning of the season, there is still some ground to recover, according to Inntopia.
Varsity Brands Appoints Steve Down As President Of Herff Jones
Varsity Brands, the market leader in team sports, school spirit and achievement recognition, announced that Steve Down has joined the company’s Herff Jones business division as president, effective immediately.
Skechers Achieves Record Net Sales In Third Quarter
Skechers USA Inc. reported net earnings rose 13.7 percent in the third quarter on a 15.1 percent revenue gain.
Nike’s CEO Mark Parker To Step Down In January 2020, John Donahoe To Succeed
Nike Inc said John Donahoe will be appointed as the company’s new president and chief executive officer, effective Jan. 13, 2020. At the same time, Mark Parker, CEO since 2006 and chairman, president and CEO since 2016, will become executive chairman and continue to lead the board of directors and work closely with Donahoe and the senior management team.
Voxel8 Announcing Series B Investment Round
Voxel8, a start-up bringing 3-D printing to footwear and athletic apparel, announces a Series B funding led by DSM Venturing, the venture investment arm of DSM.
Synchrony And Dick’s Sporting Goods Announce Multi-Year Extension
Synchrony announced it has signed a multi-year extension with Dick’s Sporting Goods. Building on a more than 15-year relationship, this agreement will continue to provide customers with special financing promotions, an accelerated rewards program, and digital account management through the ScoreRewards branded credit card and co-branded Mastercard credit programs.
Rossignol Group Reorganizes North American Apparel Team
Rossignol is restructuring its apparel and retail operations team in North America in order to more effectively support growth goals in the category and fuel initiatives in D2C and retail sales channels.
American Sportfishing Association Recognizes Industry And Conservation Leaders
During the 2019 Sportfishing Summit, the American Sportfishing Association (ASA) recognized four individuals who dedicated their careers to help ensure that the industry, and anglers across the U.S., have well-managed fisheries, clean water, access to our public lands and waters and a viable business environment.
JCPenney Announces Key Executive Appointments
J. C. Penney Company Inc. on Tuesday announced that Brooke Buchanan, a seasoned communications executive with over 15 years of communications expertise, will join the company on October 28 as senior vice president, communications, reporting to CEO Jill Soltau.
Tender Bolsters Outdoor Portfolio With RapidPure Acquisition
Tender Corp., which sells a range of branded consumer products including After Bite, Adventure Medical Kits and Ben’s, on Tuesday announced the acquisition of RapidPure water purification systems. Financial terms of the deal were not disclosed.
