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Month: March 2021

A Look Behind GOA’s Final 2020 Retail Sales Numbers With VP Gabe Maier
When GOA released its final 2020 year-to-year sales numbers from its 94 retailers operating 195 doors, it showed the up and down swings associated with the pandemic. SGB Executive caught up with Gabe Maier, vice president, GOA, to go behind the numbers, talk about the upcoming launch of its Switchback retail data tool, the outlook for 2021, and more.

Looking Downriver Post-Pandemic With Adventure Travel Outfitter OARS
The adventure travel industry has been hit hard by the pandemic. SGB Executive spoke with 50-year-old, family-owned adventure travel business OARS for insight into the market with Steven Markle, vice-president of sales and marketing.

Earvin “Magic” Johnson Appointed To Fanatics Board Of Directors
Fanatics announced the appointment of Earvin “Magic” Johnson to its Board of Directors. Johnson joins Mindy Grossman, CEO of WW International, and Jerry Storch, Founder and CEO of Storch Advisors and veteran retail executive, as Fanatics’ independent board members.

VF’s CEO Joins Best Buy’s Board
Best Buy Co. Inc. appointed Steve Rendle, chairman, president and CEO of VF Corp., to its board of directors.
SCARPA’s Sustainability Platform Pursues Certified B Corp Status By 2022
SCARPA, in February, released its commitment to sustainability with a series of initiatives to bring the company in line with the highest international standards. One of the brand’s key initiatives includes achieving Certified B Corporation by 2022, a process that SCARPA has been working toward over the past two years. Certified B Corporations meet the […]

Urban Outfitters’ Q4 Comps Decline 7 Percent
Urban Outfitters Inc. reported total company net sales for the three months ended January 31 decreased 6.9 percent over the same period last year to $1.09 billion. Comparable Retail segment net sales decreased 7 percent.

Adidas Expands Streetwear App Confirmed To UK And Europe
Adidas has expanded Confirmed, its streetwear-inspired app, to the UK, France, Italy, Poland, Spain, Germany and the Netherlands.

The VF Foundation Issues its First Impact Report
The VF Foundation, the VF Corporation’s philanthropic arm, published its inaugural report outlining the positive impact of its financial grants and charitable partnerships.

VentaPak Launches Signature Product
Setting out to create a solution to improve backpack ventilation for bikers and pack-wearers, New York City-based accessory brand VentaPak launched the VentaPak. Designed as a lightweight, adjustable and low-profile accessory to fit all standard-sized backpacks, VentaPak transforms wearing a pack into a more comfortable, cool and dry experience by creating a space for airflow […]

Rapala VMC Corporation Strengthens Sales And Finance Operations With Promotions
Rapala VMC Corporation announced promotions that will continue to accelerate the growth and performance of the company’s U.S. operations.

Primary Arms Optics Appoints Senior Operations Manager
Primary Arms Optics announced the promotion of Marc Jardell to the position of senior operations manager. In the senior operations manager position, Jardell will build on Primary Arms Optics’ operational advantages, including its 100 percent in-house quality inspection and elevated customer satisfaction standards.

Head Named Official Tennis Ball, Racquet And String Of Laver Cup
Laver Cup organizers announced that Head has signed a multi-year deal to become a global sponsor of the event starting with this year’s edition to be held at the TD Garden in Boston from September 24-26, 2021.

Trigon Sports Acquires Practice Partner
Trigon Sports Int., Inc. announced the acquisition of Practice Partner, Inc. located in Wilmington, NC, effective March 1, 2021. The merged business will continue operating in Memphis, TN.

Nordstrom’s Q4 Revenues Slump 20 Percent
Nordstrom Inc. reported a sharp decline in fourth-quarter earnings but results topped Wall Street’s target. Net sales decreased 20 percent, which improved sequentially by 600 basis points relative to the third quarter, after adjusting for a shift of the Nordstrom Anniversary Sale.