Today’s Top Industry News
CSGA Member News
Dorel Reports Strong 2021 First Quarter Results
Montreal, Quebec - May 7, 2021 : Dorel Industries Inc. (TSX: DII.B, DII.A) today released results for the first quarter [...]
OUTDOOR BY ISPO
The Benefits of the Global Summit Edition 2021 1. Discuss trade-level topics and issues One of the areas we [...]
FASHION BIZ CANADA NEW ACTIVEWEAR TEAMWEAR CATALOGUE
Fashion Biz Canada has recently released the Activewear Teamwear Catalogue 2021 to bring together the most popular athletic and [...]
Acushnet Holdings Corp. Announces First-Quarter 2021 Financial Results
FAIRHAVEN, MA – May 6, 2021 – Acushnet Holdings Corp. (NYSE: GOLF) ("Acushnet"), a global leader in the design, [...]
Arc’teryx Equipment Taps Nicole McLaughlin as Its First-Ever Design Ambassador
Nicole McLaughlin has joined the Arc’teryx Equipment family The New York-based designer/climber has been tapped as the brand’s first-ever design [...]
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Sporting Goods News
Adidas launches Reebok auction
China row may dent Asian interest -sources Sporting goods maker Adidas (ADSGn.DE) has launched the sale of its Reebok brand in an auction which risks being affected by a political row over possible forced labour in China's [...]
MLB expansion fee could be in $2.2B range
NEW YORK — Major League Baseball would consider expansion fees in the range of $2.2 billion for new franchises, though there are no current plans to add teams. Baseball Commissioner Rob Manfred spoke Tuesday during [...]
Peloton stock sheds $4 billion in market value in 1 day over its treadmill debacle
Peloton shares closed Wednesday down nearly 15%, wiping $4.1 billion off its market value in one day, after the fitness equipment maker apologized for not voluntarily recalling both its treadmill machines over safety concerns sooner. Peloton shares closed [...]
The retail landscape of the future
As vaccination campaigns gain momentum, consumers and retailers are beginning to look beyond the pandemic. While some aspects of life may go back to normal, other trends that have emerged and strengthened over the last [...]
Canadian Consumers Lose Trust in Big-Brand Retailers During Pandemic
The 2021 Gustavson Brand Trust Index: Big Brands Lose Their Edge The 2021 Gustavson Brand Trust Index (GBTI) reveals a dramatic shift in consumer loyalty and purchase considerations. These changes highlight the relationship between consumer trust, [...]
Big 5 Sporting Goods Corporation Announces Fiscal 2021 First Quarter Results
Achieves Record First Quarter Sales and Earnings Results Same Store Sales Increased 31.8% in FY 2021 First Quarter versus Guidance of 20% EPS of $0.96 for FY 2021 First Quarter versus Guidance Range of $0.47 to $0.53 Ends FY 2021 First Quarter [...]
Roger Federer-Backed On is Planning for a $5 Billion USD IPO
Preparing to list in the U.S. this autumn Backed by its own country’s tennis world champion Roger Federer, the Swiss-based footwear brand is seeking a valuation of $5 billion USD for the IPO, according to a [...]
Over 20 Major Companies Partner With Women In Sports Tech To Expand Career Opportunities For Women
Women In Sports Tech, a nonprofit organization aimed at expanding career opportunities and enhancing pathways for women throughout the sports technology industry, has welcomed 15 new partners this year. The collaboration will cumulatively expand opportunities [...]
CSGA New Member News Feature
Altitude Sports launched SS21 edition of Alti Action – and exclusive collab with Montreal-based illustrator Mathieu Dionne
Altitude Sports has announced the return of their semi-annual Alti Action program, a fundraising initiative that allows customers to donate to partner organizations that support the brands’ core values – environment, youth, and diversity. This [...]
Shelby Weaver Is Busting Barriers in the Raptors’ Front Office—and the Sneaker Game
Weaver is a glowing example of the way women have been playing a key role in the Raptors organization’s success. When Ujiri was first hired by the team in 2013, it had only one [...]
Lids Announces Partnerships With Designer Brands to Bring Licensed Sports Product to its Canadian Stores, Expand Footprint in Canada
Lids will have 45 shop-in-shop concept stores at DSW Designer Shoe Warehouse and The Shoe Company locations throughout Canada INDIANPOLIS, April 15, 2021 /PRNewswire/ -- Leading sports retailer Lids is partnering with Designer Brands, Inc. (NYSE: DBI), one of North America's largest designers, producers [...]
EVENT || CSGA partner Lightspeed is shaping the future of ecommerce Webinar invite
Greetings, Canadian Sporting Goods Association members, subscribers and industry friends! Lightspeed is honoured to be partnering with the CSGA to invite brands to join our Supplier Network and to bring our omnichannel commerce platform to [...]
Peak Performance Announces Canadian Ambassador Team
Calgary March 22nd, 2021: Peak Performance is proud to support their newly formed Canadian Ambassador Team through apparel sponsorship. The team consists of Olympic hopefuls, Free Ride World Tour participants and athletes shooting and sharing [...]
Lightspeed partners with CSGA to unite retail industry during unprecedented digital revolution
Partnership to drive value for CSGA members as global commerce leader pioneers revolutionary direct integration of small and medium-sized businesses with industry-leading suppliers Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce [...]
The JD Group Canadian expansion plans
The JD Group, which bought Vancouver-based Onepointfive Ventures February 2020 consisting of four stores (Livestock) and a website trading as Deadstock (https://www.deadstock.ca/) plans to use this platform to develop the JD Group in Canada. Based [...]
THIS IS WHY THE NORTH FACE IS EVERYWHERE
Wearing Multiple Hats The North Face is at the crux of becoming one of the most influential clothing brands in consumer culture today. Outside of fashion’s wandering eye, it’s exemplifying what it means to cleverly [...]