Acushnet’s Q3 Boosted By 4.6 Percent Sales Gain In U.S.
Acushnet Holdings Corp., which owns Titleist and FootJoy, reported a profit in the third quarter against a loss a year ago due to improved margins and lower interest expense. Sales improved 2.3 percent.
Wolverine’s Q3 Profits Slump On Charges
Wolverine Worldwide Inc. reported earnings fell 51.9 percent on restructuring activities around its Wolverine Way Forward program, but adjusted earnings declined slightly and exceeded Wall Street’s target. Wolverine also raised its operating margin goal for 2018.
Ibex Undergoes Layoffs
Ibex said it has laid off 12 of its employees at its headquarters in Vermont but, contrary to reports, has no plans to cease operations.
Pacers Running Partners With FitRankings
Pacers Running, a multi-door running specialty retailer and events company headquartered in Washington DC, recently partnered with FitRankings’ universal platform for tracking fitness activity.
Secretary Zinke Announces Creation Of “Made in America” Recreation Advisory Committee
U.S. Secretary of the Interior Ryan Zinke announced the establishment of the “Made in America” Recreation Advisory Committee. The Committee will advise the Secretary of the Interior on public-private partnerships across all public lands, with the goal of expanding access to and improving infrastructure on public lands and waterways.
REI And POWDR Partner Around Adventure Programs
During the winter, REI Outdoor School guides will lead experiences such as snowshoeing, fat biking, and winter hikes, and social outings like mountain mixology. In summer, participants will be able to mountain bike, learn wilderness medicine, camp, and hike.
Neil Cole Forms Tech Firm
Neil Cole, former chairman and founder of Iconix Brand Group, Inc., announced the formation NextRev Commerce, a venture incubated by Cole’s newly launched company, Next Retail Concepts.
Lands’ End Becomes Official Outfitter Of The Weather Channel
The Weather Channel television network and Lands’ End announced a two-year partnership that will integrate the apparel brand into The Weather Channel’s live in-the-field coverage. Lands’ End will outfit the network’s on-camera meteorologists in outerwear and apparel.
Fjällräven Appoints Latin America Manager
Fjällräven, the Swedish outdoor brand, welcomed Stephen Golaszewski as director of Latin America. Golaszewski will provide regional leadership for the brand as Fjällräven focuses on strategic growth in a new international market, a direct response to overwhelming demand in Latin America.
Hyland’s Seeks Teachers Who Dream Of Running Boston Marathon
Hyland’s, the Official Cramp Relief Sponsor of the Boston Marathon, announced that it will field a team of outstanding teacher athletes at the 2018 race.
Fitbit Selected For National Institutes of Health (NIH) Precision Medicine Research Program
Fitbit has been selected as the first wearable for use in the national All of Us Research Program established by the White House in 2015. This project is funded by a supplement to a funding award from the National Institutes of Health (NIH) to The Scripps Research Institute (TSRI).
Canada Goose Appoints Jodi Butts To Board
Butts currently serves as a member of the Board of Governors and Audit Committee of the University of Windsor, as Board Chair of antimicrobial technology company Aereus Technologies Inc., and as a member of the Walrus Foundation Board of Directors and Risk Management Committee.
Sherpa Adventure Gear To Open First U.S. Flagship
Sherpa Adventure Gear announced its plans to open its first U.S. flagship store in Seattle, WA in November 2017.
Academy Sports Opens Sixth Central Florida Location
Academy Sports + Outdoors opened its newest store in Orlando.
Crocs’ Shares Slide On Conservative Outlook
Shares of Crocs on Tuesday slid 88 cents, or 9.1 percent, to $8.76 on Tuesday after the company reported that third-quarter earnings exceeded Wall Street’s targets but provided weak guidance.
