July 12, 2019 Rugged Outdoor Footwear Market Grew 6.8% In 2018
The world’s rugged outdoor footwear market rose by 6.8% to $5,149 million in 2018 from $4,820 million the year before, including 6.1% growth in the U.S. and a 7.4% gain in international. Herb Philipson’s Heads to Auction
Bankrupt Herb Philipson’s Army and Navy will be auctioned off on July 24 at the Utica, NY, courthouse, according to bankruptcy court documents, with the debtors hoping to attract bids for the retailer as a going concern. Nike Will Build Plant in AZ after State Pulls Aid on Flag Shoe
The state tax break package was withdrawn after Nike cancelled the release of a Betsy Ross flag shoe before the Fourth of July, but a week later the Eager Beavertons said they would build the Goodyear plant to make Air soles there anyway and Governor Doug Ducey welcomed them to the state. Accell Sells Canadian Bike Brand Rights
Accell Group, as part of its previously announced plan to close down its owned operations in North America, has sold its cycling trademark rights in Canada to Canadian Tire for $16 million. Fanatics Adds Uefa, Loses Valancia
The licensed apparel juggernaut will be the official fan shop for Uefa’s Euro 2020 championship with a deal to manufacture and sell officially licensed Uefa competition merchandise. Mossberg Elevates Douglas Bell to President
The 100-year-old shotgun and rifle maker promoted Bell to president and chief operating officer from his previous role as VP of operations, which he has held since 2017. Thermore Debuts Marble Insulation
Thermore has released its new “Marble” evolution of its Ecodown Fibers insulation which is designed to add light and dark visual interest to insulated apparel that uses the latest nearly transparent fabrics.
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