Puma And AC Milan Announce Long-Term Partnership
Puma and Italian Serie A football club AC Milan announced an official long-term partnership. The legendary club had been with Adidas since 1998.
Starboard Delivers Letter To Newell CEO And Board Of Directors
In a letter to the board of Newell, Starboard Value LP said it plans to nominate three former Jarden executives (Ian G.H. Ashken, Martin E. Franklin and James E. Lillie) and a former long-time Newell Director (Domenico De Sole) to its slate of director candidates to oversee a turnaround of the company.
L.L. Bean Drops Unlimited Returns Policy
L.L. Bean has ended its lifetime-returns policy due to rampant abuse in recent years. The retailer has initiated a new one-year limit on returns.
U.S. Soccer Elects Carlos Cordeiro President
U.S. Soccer’s membership elected Carlos Cordeiro as U.S. Soccer’s 32nd President during the National Council Meeting at the Federation’s Annual General Meeting (AGM).
Frank A. Dassler To Retire From Adidas
According to Adidas, Frank A. Dassler retired at the end of January. The grandson of Puma founder Rudolf Dassler, was most recently head of the Adidas legal department and will remain closely associated with the sports equipment company in retirement.
LVHM Luxury Venture Partners With Stadium Goods
LVHM Luxury Ventures has formed a “partnership” with Stadium Goods, the New York City-based sneaker consignment giant.
Nuun To Hydrate Over Two Million Athletes On Course, At Festival and In Studio in 2018
Events most recently choosing Nuun include Australia’s City2Surf, the largest fun run in the world, Bay to Breakers, Portland Shamrock Run, Statesman Capital 10,000, Surf City Marathon & Half Marathon as well as the yoga and music festival Wanderlust Whistler.
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.
