L.L. Bean Joins The Cotton LEADS program
L.L. Bean has confirmed its commitment to sourcing responsible cotton by joining the Cotton LEADS program. The leading global retailer joins more than 470 program partners.
Nordstrom Lifts EPS Guidance On Improving Holiday Sales
Nordstrom, Inc. announced an increase in its net sales of 2.5 percent and an increase in comparable sales of 1.2 percent for the nine weeks ended December 30. The department store operator lifted its EPS guidance for the year.
Brooks Racks Up Double-Digit Gains In Q4
Brooks Running scored its second consecutive quarter of double-digit growth in the fourth quarter, Jim Weber, CEO, wrote on the company’s blog.
Honey Stinger Signs James Russell Gill III
James Russell Gill III, professional ultra-endurance runner, owner and CEO of Bad to the Bone Sports and race director for the Ultra Race of Champions, has signed on as an athlete with Honey Stinger, maker of honey-based energy products.
Equinox, Owner of SoulCycle, Invests In Rumble
Equinox, the operator of Equinox Fitness Clubs, Blink Fitness, Pure Yoga, and SoulCycle, announced a significant minority stake in Rumble, a boxing-inspired group fitness company based in NYC.
Uvex Aligns With Fischer Skis U.S. For American Distribution
Beginning January 31, 2018, Fischer will manage sales, marketing and distribution of Uvex’s winter product range throughout the U.S. market and Canada.
ICSC Sees Robust Holiday Gains
This holiday season saw an increase in consumer spending according to the International Council of Shopping Centers (ICSC), which released its annual Post-Holiday Shopping Survey. This year’s survey showed that the average spend on gifts and other holiday-related items was $841.50 this season, compared to $711 last year, representing a gain of 18.3 percent.
Fanatics Opens Japan Office
The Tokyo-based office will lead the initial expansion of Fanatics’ operations throughout Asia, and strategically aligns with the company’s expansion strategy to grow the licensed sports merchandise industry across key global markets.
Traveling With Millenials
Millennials will be the core customer group of airlines, hotels, and travel companies, within five-to-ten years.
Helen of Troy’s Houseware Sales Increase 2.6 Percent In Q3
The gain reflected an increase in online channel sales, incremental distribution with existing customers, international growth, and new product introductions for both Hydro Flask and OXO brands that helped offset weak store traffic at traditional brick and mortar retail, and the unfavorable comparative impact of strong sales into the club channel.
Columbia Sportswear To Skip Outdoor Retailer Show
Columbia Sportswear said it has made the “difficult decision” to not attend the Outdoor Retailer + Snow Show in Denver. Arc’teryx is also not attending, according to a report from Gearjunkie.
Ruffwear Partners With National Ski Patrol
The new partnership speaks to the support of both organizations for the work patrollers do with avalanche rescue dogs all over the country.
Mystery Ranch Appoints Marketing Director
Mystery Ranch announced the internal promotion of Ryan Holm to the new position of marketing director.
Headsweats Welcomes New Ambassador Team
Thirty-five outstanding athletes were selected from over 500 applications based upon their personal and athletic accomplishments within their sport.
Outdoor Retailer Sets Education Schedule
Snowsports Industries America (SIA), the non-profit trade association for the winter sports industry, and Outdoor Industry Association (OIA), the non-profit trade association for the outdoor industry, released the Outdoor Retailer + Snow Show Industry + Intelligence schedule and the Outdoor University education schedule.
