Nike Announces Results Of The Active Schools Innovation Award
Through a joint effort with the National Elementary and Secondary School Sports Education Steering Committee and the China Education Development Foundation, Nike announced the results for Nike’s Active Schools Innovation Award Sunday evening at the Water Cube National Swimming Center in Beijing.
KKR To Acquire Majority Control Of The Nature’s Bounty
The Carlyle Group announced that it is selling majority control of The Nature’s Bounty Co., the manufacturer of health and wellness products, to KKR.
Hibbett Sees Q2 Loss On Steep Comp Decline
Hibbett Sports said that based on “very challenging sales trends”, comparable store sales are expected to decrease approximately 10 percent for the second quarter ending July 29.
VF Raises Outlook After Q2 Earnings Beat
VF Corp. reported earnings declined in the second quarter but exceeded expectations, prompting the parent of The North Face, Timberland and Vans to raise its guidance for the year.
Item Of The Day: Scarpa Maestro Climbing Shoes
The new Meastro family redefines how trad shoes are built with a new high-performance rubber rand system and soft, supple and comfortable Eco Leather.
Smartwool To Host Pre-March Poster-Making Happy Hour At Outdoor Retailer
Smartwool will host a poster sign-making happy hour at ORSM ahead of the industry-wide “This Land is Our Land March” march for public lands.
Summer Occupancy At Western Resorts Destinations Remains Flat, Revenue Surges
Even though summer occupancy among western mountain resort destinations is up only a scant 0.2 percent compared to last summer (May through October), revenues continue to gallop ahead driven by robust gains in the Average Daily Rate (ADR)
Pensole Adds Functional Apparel Design To Its Curriculum
Former Jordan Brand apparel design director Angela Medlin has been tapped to establish the new program.
Accell Group Sees Modest Revenue Gain In First Half
Accell Group N.V reported revenues inched up 0.7 percent in the first half as gains in e-bikes offset softness in regular bikes, particularly in North America, the Netherlands and Turkey.
Academy Undergoes Layoffs
Academy Sports + Outdoors has laid off approximately 100 employees from its corporate office in Katy, TX, according to an e-mailed statement.
The Buckle Appoints CFO
The Buckle Inc. appointed Thomas B. Heacock as the company’s vice president of finance, treasurer and chief financial officer.
Report: CCM Hockey To Be Sold To PE Firm
Adidas reached an agreement to sell CCM Hockey for approximately $100 million to Canadian private equity firm Birch Hill Equity Partners, according to the New York Post.
Dick’s Brings Second Skin Line To 350 Stores Nationwide
Dick’s Sporting Goods announced the expansion of its private label brand Second Skin to include male and female training apparel products and also rolled it out to over 350 Dick’s Sporting Goods nationwide.
Garmin Acquires Alphamantis Technologies
Alphamantis develops technology that allows cyclists to test and refine their drag coefficient in everyday riding conditions, without having to use wind tunnel testing.
Skechers Q2 Beats Expectations
Skechers USA Inc. reported second-quarter sales handily exceeded expectations due to double-digit growth at its own retail stores and internationally. Earnings, however, came below targets.
