L.L.Bean Partners With Hike It Baby
L.L.Bean entered into a three-year partnership with the nationally recognized non-profit organization Hike it Baby. L.L.Bean will be the Presenting and Founding Partner of the Trail Network.
Fitbit Ships More Than One Million Fitbit Versa Devices
Fitbit Inc. announced that the company has shipped more than one million Fitbit Versa devices since general availability began on April 16. Additionally, Fitbit announced that more than 2.4 million users have already used the company’s new female health tracking feature, which became available to all Fitbit app users last month.
Rossignol Partners With IDG Capital To Support China Growth
The Rossignol Group signed an agreement with IDG Capital, a leading China focused investment firm with U.S. origins and global presence. Through a capital increase leading to a 20 percent ownership in the company, IDG Capital will use the company’s expertise to support the development of the French group on the Chinese market.
VF Corp. Completes Acquisition Of Altra
VF Corp. announced that the company has completed the company’s previously announced acquisition of the Altra, the running footwear brand. According to a regulatory filing, the purchase price is $135.0 million.
Teamwork Athletic Apparel Launches E-Commerce
Teamwork Athletic Apparel, the seller of team uniforms, announced that the company’s recently launched website and service, ProSphere Fan Shop , now fully e-commerce.
Vail Resorts To Acquire Four Ski Resorts
Vail Resorts Inc. has agreed to acquire Triple Peaks LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire and Crested Butte Mountain Resort in Colorado. In a separate transaction, Vail is acquiring Stevens Pass Resort in Washington.
Sports Direct Launches Proxy Battle For Iconix Board
Sports Direct, which owns 9 percent of the shares of Iconix Brand Group, nominated four candidates for the licensing company’s board of directors while asserting that Iconix’s current leadership is mismanaging the company.
RILA Warns Of Downstream Impact Of Steel And Aluminum Tariffs
RILA (Retail Industry Industry Leaders Association) said the Trump Administration’s announcement that it will impose new steel and aluminum tariffs has “created a three-front trade war, targeting NAFTA, China, and now the European Union, with no resolution to any of these disputes in sight.”
OIA Concerned Over Steel And Aluminum Tariffs
In a statement, Rich Harper, manager of international trade at the Outdoor Industry Association (OIA), warned that tariffs could “significantly” raise costs for products like trekking and ski poles, tent frames, carabineers, crampons, stoves and other products made in the U.S. by outdoor companies that source steel or aluminum from the Canada,, Mexico and the European Union.
On Supports Comeback Documentary About Triathlete Tim Don
On, the Swiss running company, has partnered with Emmy award-winning director Andrew Hinton, on a short documentary that chronicles the comeback journey of three-time Olympian Tim Don.
Chinook Footwear Appoints U.S. Representation
Chinook Footwear announced the hiring of Kittredge & Associates as the brand’s sales representatives for the entire U.S.
May Retail Jobs See Huge Year-Over-Year Increase
The retail industry employment increased by 28,800 jobs seasonally adjusted in May over April and 100,200 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Nordica Signs Trio Of European Skiers
Nordica on Friday announced the signing of three new FIS Alpine World Cup athletes: Swiss racers Marc Rochat and Justin Murisier, and Slovenian speed expert Boštjan Kline. They join the company’s Dobermann World Cup team, which includes German national team members Felix Neureuther and Fritz Dopfer, and Italy’s Dominik Paris.
Newell Brands’ CFO To Retire
Newell Brands Inc. announced that Ralph Nicoletti, executive vice president and chief financial officer, will retire at the close of 2018.
Columbia Sportswear Appoints Director Of Investor Relations
Columbia Sportswear Company announced that Andrew Burns has joined the company as director of investor relations and competitive intelligence.
