Today’s Top Industry News
CSGA Member News
Rad Power Bikes Introduces Major Evolution of its Flagship Electric Bike with the RadRover 6 Plus
On the heels of an industry-leading $150 million investment, Rad Power Bikes debuts the most innovative and sweeping update to the [...]
Reebok and ‘Peppa Pig’ partner to launch kids-only collection
"Peppa Pig" super fans, brace yourselves. Reebok and Hasbro have partnered to release an all-new kids-only collection. Officially releasing [...]
“A new company”: New Balance’s CEO on the company’s tech adoption blitz
“We knew we had an imperative to really accelerate our digital transformation efforts” even prior to the pandemic, CEO [...]
Rossignol appoints Nordic Category Manager for North America
Expanded NorAm role to bring heightened focus and alignment to quickly growing category Park City, UT – July 13, [...]
CYCLING CANADA AND 94 FORWARD ANNOUNCE TRANSFORMATIVE MULTI-YEAR COLLABORATION
OTTAWA (July 12, 2021) – Cycling Canada and 94 FORWARD are pleased to announce a major multi-year collaboration in [...]
iFIT Acquires Sweat, a Leading Digital Fitness App for Women
Strategic Investment to Accelerate Growth and Digital Fitness Expansion (LOGAN, Utah, July 13, 2021) iFIT Health & Fitness Inc. (“iFIT”), [...]
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Sporting Goods News
Lululemon Introduces Yoga Mats and Bags Made From Mushrooms
Lululemon Athletica has some new threads. And they’re made from mushrooms. The Canadian athletic apparel and accessories retailer unveiled its latest project today: yoga mats and bags made from Mylo, a material that is said to look and feel like leather, but is actually [...]
The War To Bring Down Peloton
IFIT HEALTH & FITNESS, ILLUSTRATION BY FORBES Though new billionaire Scott Watterson’s iFIT started selling home fitness equipment 33 years before John Foley’s Peloton, it got quickly eclipsed—but now the OG home exercise brand is [...]
Canadian businesses and consumers are brimming with confidence about the economy
Business sentiment gauge from Bank of Canada rises to record as separate consumer surveys find optimism at or near all-time highs. Canadian consumers and businesses are entering the second half of the year brimming with [...]
What Does an Olympics With No Spectators Mean for Nike, Asics & Other Sponsors?
PHOTO COMPOSITION: Olympic Games in Tokyo without spectators. Archive photo: Empty stands, empty stands, whitewater kayak one, K1, men, men, Whitewater Stadium on 08/10/2016. Olympic Summer Games 2016, from 05.08. - 21.08.2016 in Rio [...]
PwC Report: Balance of Physical and Digital Retail Offering Required to Deliver Experiences Consumers Demand
The recent tenor of the retail industry in Canada has been turbulent, to say the least. Challenge upon challenge brought about by the COVID-19 global pandemic have in large part impeded normal operations, stunting growth [...]
Holt Renfrew is the First and Only in Canada to Set Approved Science Based Targets in the Retailing Sector
TORONTO, June 24, 2021 /PRNewswire/ - Holt Renfrew today announces a series of ambitious sustainability initiatives that reinforce its commitment to create a better future for people and planet. Holts is proud to be the first and only Canadian retailer to set approved science-based targets for carbon reduction. Underpinning these targets is a commitment to exit all animal [...]
NIKE, INC. REPORTS FISCAL 2021 FOURTH QUARTER AND FULL YEAR RESULTS
BEAVERTON, Ore., June 24, 2021 — NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2021 fourth quarter and full year ended May 31, 2021. “NIKE’s strong results this quarter and full fiscal year [...]
Single-event sport gambling to become legal in Canada as Bill C-218 passes in Senate
Upper chamber approves bill by a vote of 57-20 with 5 abstentions Betting on single games of football, hockey and other sports is about to become legal in Canada. The Senate has approved Bill C-218, [...]
CSGA New Member News Feature
STYLE DEMOCRACY LAUNCHES 1ST ONLINE DIGITAL PLATFORM FOR WAREHOUSE & POP-UP EVENTS
Style Democracy launches its first digital online warehouse event June 15th as part of its new on-line platform for warehouse sales and pop-up events. “We’re taking our legendary warehouse sale events online, which means that [...]
How Leaders Can Maximize Trust and Minimize Stress During the COVID-19 Pandemic
People look to leaders for guidance on what to do, what to expect and how to act. During uncertain and fluid times, the need for strong, calm, trustworthy leadership is more important than ever. While [...]
How should retailers manage touch-but-not-buy?
While wearing masks may become the new normal for shopping in grocery stores, clothing retailers are facing another set of challenges as they prepare to reopen — including new protocols for the fitting room experience [...]
From surviving to thriving: Reimagining the post-COVID-19 return
For many, the toughest leadership test is now looming: how to bring a business back in an environment where vaccine has yet to be found and economies are still reeling. There are four strategic areas [...]
Retailers Begin Opening Stores in Canada as COVID-19 Restrictions are Lifted
A careful, phased approach to the reopening of the economy has begun in several provinces after many businesses were effectively shut down in mid-March to prevent the spread of the potentially deadly virus. The [...]
THE 1ST TRULY DIGITAL TRADE SHOW HAS ARRIVED
Thin Air a new virtual trade show scheduled for June 10-12 It was only a matter of time. Trade shows like Outdoor Retailer, while necessary and wonderful, are also necessarily, wonderfully expensive. When a big show goes [...]
CSGA || NEED TO WORK TOGETHER
Perhaps this pandemic will help shape how we address another often invisible and far more existential threat. What we've all experienced these past few months has been a global movement of action takers and impact [...]
How to Request Rent Relief During COVID-19
The 30-minute video discusses how to request rent relief during COVID-19: appropriate ways to broach the subject with your landlord, what you can do today to soften the blow of COVID-19, and some resources that [...]