Newell Brands Confirms Receipt Of Starboard Value’s Director Nominations
Newell Brands confirmed that it has received notice from Starboard Value and Opportunity Master Fund Ltd. of its intention to nominate 10 candidates to stand for election to the Newell Brands Board of Directors at the company’s 2018 Annual Meeting of Shareholders.
Youth On Course Announces Four New Partnerships To Expand Junior Golf Access In 22 States
Youth on Course, the non-profit providing young people with subsidized golf, college scholarships, caddie programs and paid high school internships, announced that it has expanded its national, affordable golf program to four new associations. New partnerships include Colorado Golf Association (Junior Golf Alliance of Colorado), Golf Association of Philadelphia, Greater Cincinnati Golf Association and the Iowa […]
NordicTrack Introduces LiveCast Streamed Workouts With The Commercial S22i Studio Cycle
NordicTrack just announced another connected fitness product, the Commercial Studio Cycle Series, featuring high-energy LiveCast™ workouts, streamed directly to the cycle’s 22-inch touchscreen. The Smart HD touchscreen displays studio workouts powered by iFit technology, allowing iFit personal trainers in the LiveCast workouts to remotely control the bike’s incline, decline and resistance during the consumer’s at-home workout. These features are […]
Kevin Garnett Returns To AND1 As Global Ambassador
Sequential Brands Group Inc. announced a multi-year partnership with NBA legend Kevin Garnett as the creative director and global brand ambassador for AND1, the iconic basketball brand which began in 1993.
Wolverine Worldwide Provides 2018 Guidance With Strong Growth Investment Plan
Wolverine World Wide Inc. provided its outlook for fiscal year 2018 including its investment plan to drive its new GLOBAL GROWTH AGENDA, along with details on the expected positive impact of U.S. tax reform and its WAY FORWARD transformation. The company also announced certain preliminary financial results for the fiscal year ended December 30, 2017, including special charges recognized in the fourth quarter.
Skechers’ Sales Soar 27 Percent In Q4
International wholesale sales increased 40.2 percent; domestic wholesale sales advanced 11.6 percent and company-owned global retail sales expanded 25.8 percent.
Columbia Sportswear’s Q4 Revenues Climb 8 Percent
Columbia Sportswear reported earnings excluding a massive tax charge and restructuring costs rose 9.2 percent on an 8 percent revenue gain. U.S. net sales increased 8 percent to $492.6 million, reflecting growth in DTC and benefits from a shift in the timing of shipments of Fall 2017 advance wholesale orders from the third quarter to the fourth quarter.
Crosman Announces New Director Of Sales For LaserMax Products
Crosman Corporation announced that Kurt Worden has joined the company as director of sales for LaserMax Products.
KT Tape Signs Rising Soccer Star Rose Lavelle
KT Tape, category leader in kinesiology taping products, announced the signing of soccer player Rose Lavelle as an athlete ambassador.
NRF Forecasts Retail Sales Will Increase Between 3.8 and 4.4 Percent In 2018
The National Retail Federation released its 2018 economic forecast, projecting that retail industry sales will grow between 3.8 and 4.4 percent over 2017. Online and other non-store sales, which are included in the overall number, are expected to increase between 10 and 12 percent.
Mizuno’s America’s Q3 Sales Dip 9.3 Percent
Mizuno Corp. reported sales in Americas continued to decline in the third quarter and nine months ended December 31 as the focus remains on improving profitability in the region.
Canada Goose Names CFO And EVP
Canada Goose Holdings Inc. announced that Jonathan Sinclair will succeed John Black as chief financial officer and executive vice president. He is expected to join the company toward the middle of the year.
Messe Friedrichshafen Establishes A New Outdoor Platform
In an internal voting process, a majority of members of the European Outdoor Group (EOG) have voted to hold the OutDoor trade show in Munich from 2019. In full independence and with support from numerous major industry players, the show organizers will be holding a new version of the trade show in Friedrichshafen from 2019.
Surf9 Appoints Brad Gruber As Footwear Division President
The addition of Gruber coincides with the launch of the Body Glove Footwear Lifestyle Collection, an all-new line of high quality casual shoes for men and women.
L.L. Bean To Tap Blockchain Technology To Help Track Its Products
L.L. Bean says it will start sewing in sensors inside its products to track how customers use the items in a pilot test, according to the Wall Street Journal. This information would be fed into a blockchain and then anonymized for later use.
