EXEC: Tom Cove to Retire from SFIA Leadership Post in October
EXEC: Is Adidas Killing the Golden Goose?
EXEC: CEO Kevin Plank Outlines Dramatic Turnaround Plan for Under Armour
Under Armour Issues Tepid FY Outlook as Company Resets Weak U.S. Business
Canada Goose Beats Fiscal Q4 Expectations But Warns on More Wholesale Declines Ahead
SGB Update
Patagonia Prevails in Nordstrom Lawsuit
The suit alleged that Nordstrom sold “thousands of counterfeit Patagonia sweatshirts and t-shirts” through its Nordstrom Rack stores, in the complaint filed in the U.S. District Court for the Central District of California.
Health & Fitness Association Carries PHIT Baton to U.S. Congress Meetings
The trade association, formerly IHRSA, reported that 120 industry leaders participated in this year’s HFA Fly-In and Advocacy Summit May 7-8 in Washington, DC, doubling last year’s attendance.
Snipes Appoints Martin Badour as President of Snipes USA
He succeeds Jim Bojko, who has left Snipes. In his new role, Badour will be responsible for managing the company in the United States, according to a press release from the company..
SGB Executive
EXEC: Tom Cove to Retire from SFIA Leadership Post in October
Always the gentleman, always understated and always a class act, Tom Cove let slip this week that he will retire from his leadership role at the SFIA, the Sports & Fitness Industry Association, formerly SGMA, in the fall.
EXEC: Is Adidas Killing the Golden Goose?
This week, the headlines in the sneaker world were filled with a billboard proclaiming, “Adidas Plans Cheaper Versions of Popular Shoes Like the Samba” and outrage from sneaker aficionados that the brand would dare step on the toes of its iconic shoe.
EXEC: CEO Kevin Plank Outlines Dramatic Turnaround Plan for Under Armour
With some apparent aggravation on what the brand has become, Plank noted that Under Armour has become a brand that competes primarily on price versus what should be its core competency—performance and technical innovation.
