UK’s SportPursuit Raises £9.5 Milion in Series C Round
SportPursuit.com, the flash sales website for premium outdoor and sports gear, has raised £9.5 million in a Series C funding round, according to Tech Crunch…
Selle Royal to Join Utah’s Bike Industry Cluster
Selle Royal Group will open a new facility in Utah that will generate 65 jobs in the next seven years thanks in part to economic incentives offered by the state…
REI Says Nearly 1 Million Endorse #OptOutside Campaign
REI said that nearly 1 million people have endorsed its #OptOutside social media campaign, which it launched Oct. 27 when it announced plans to close on Black Friday and pay 12,000 employees…
America’s State Parks Join REI’s Black Friday Campaign
America’s State Parks joined REI's campaign to promote the outdoors as a healthy, carefree, natural alternative to the massive Black Friday crowds of holiday shoppers…
J. America TLG Appoints VP Marketing and Business Development
J. America Team Licensed Group, a division of J America, has named Michael Valenzano as vice president marketing and business development. He most recently worked for Outerstuff…
Colorado Promotes ‘Fresh Air Friday’
Colorado is waiving fees to all 42 state parks on Black ‘Fresh Air Friday,’ to promote a day of outdoor recreation as an option to the state's “world-class shopping”…
Sierra Designs Seeks New Brand Manager After Glavin Departs
Sierra Designs and its brand manager Mike Glavin have parted ways. The specialty outdoor brand, now owned by Exxel Outdoors, is seeking a new leader…
Duluth Trading Shares Trade Above $12 IPO Price
Shares of Duluth Holdings Inc., which priced its initial public offering at $12 per share Thursday, or $3 below its initial target, were trading above $14 Monday afternoon on their second day of trading…
Foot Locker’s Q3 Tops Street Estimates
Foot Locker Inc. reported that excluding a special charge related to litigation, earnings climbed 17 percent in the third quarter to $141 million, or 20 cents a share. Results exceeded Wall Street's consensus estimate of 94 cents a share. Comparable-
Hibbett Sports Ups Guidance on Q3 Results
Hibbett Sports Inc. reported net sales increased 4.6 percent to $228.3 million in the third quarter ended Oct. 31 on a 0.6 percent increase in comparable store sales that prompted it to up its guidance for fiscal 2016…
Duluth Trading Co. IPO Prices Below Expectations
Duluth Holdings Inc. priced its IPO at $12 a share Friday morning, below the $14 to $16 range the company was targeting two weeks ago. Unlike many tech companies, however, the workwear and casual lifestyle brand got 'er done…
Sports 2000 Buying Group Expands Reach in Italy
Sport Alliance International, which buys for 265 stores in Italy, has become the newest member of Sport 2000 International GmbH, which is Europe's second largest purchasing cooperative of independent sports dealers…
Foot Locker Finds No Weather Woes
Led by running lifestyle silhouettes, Foot Locker Inc. reported that excluding a special charge related to litigation, earnings jumped 17 percent in the third quarter to $141 million, or 20 cents a share. Results easily exceeded Wall Street's consens
Trade Groups Find No Surprises in Full TPP Text
A week after the Obama Administration released the full text for the Trans Pacific Partnership, industry trade groups say they’ve discovered no surprises…
Hibbett Sports Holds Margins on Modest Comp Growth
Hibbett Sports Inc. net sales increased 4.6 percent to $228.3 million in the third quarter ended Oct. 31 on a 0.6 percent increase in comparable store sales compared with the third quarter a year ago…
