Academy Sports and Outdoors Inc. reported fourth-quarter earnings quadrupled as same-store sales increased 16.1 percent. The sales gains were driven by strong consumer demand across all markets and merchandise divisions, particularly Sports & Recreation. E-commerce sales grew 60.7 percent.
Month: March 2021
Gear Aid Appoints VP Finance & Administration
Gear Aid appointed Justin Mitchell as its new vice president of Finance and Administration. He comes to Gear Aid with more than 25 years of experience in finance leadership roles at Wood Stone and Alpha Technologies.
360 Adventure Collective Announces Summer 2021 Show Schedule
360 Adventure Collective announces its 2021 Summer Show Schedule, which includes hosting its first Southeast Paddle Sports Experience.
Backcountry Signs Athletes Kalen Thorien, Nils Mindnich And Toby Miller To Roster
Backcountry announced the addition of three athletes to its team. Kalen Thorien and Nils Mindnich will wear its owned brand, Backcountry Gear & Apparel (BG&A), during outdoor pursuits, competition and training. Toby Miller will wear winter outerwear and insulation from BG&A for all on-snow activities, training and competitions. “Supporting elite-level athletes who are all-around great […]
The Carlyle Group Partners With END.
The Carlyle Group has acquired a majority stake in luxury, streetwear and sportswear retailer END. The stake is being acquired from founders Christiaan Ashworth and John Parker, who will retain a significant minority stake and remain co-CEOs.
USTA, ITA Enter Strategic Alliance To Elevate College Tennis
The United States Tennis Association (USTA) and the Intercollegiate Tennis Association (ITA) have entered into a new strategic alliance that formalizes the two organizations’ ongoing collaboration to strengthen and elevate collegiate tennis.
Nordstrom’s Debt Ratings Upgraded To Stable
S&P Global Ratings revised the debt ratings outlook on Nordstrom to stable from negative reflecting its belief that the retailer will demonstrate sequential recovery in operating performance this year, generating more than $1 billion in operating cash flow.
Duca Del Cosma Appoints East Coast Sales Rep
Duca del Cosma, the Italian golf footwear brand, has hired New York-based rep, David Schuster, to cover the Northeast.
Fanatics, NFL To Launch Amazon Storefront
Fanatics, which operates the NFL Shop online store, in a partnership with the NFL is developing an NFL Shop “storefront” on the Amazon platform, marking the first time Fanatics will sell its products on Amazon. Currently, customers can shop all of the expanded selection at Amazon.com/nfl.
Walmart’s Former Sports & Fitness GM Joins Bed Bath & Beyond
Bed Bath & Beyond Inc. hired Jake Griffith, most recently general manager for Sports & Fitness at Walmart, as vice president, product management.
MyFitnessPal Appoints Chief Executive Officer
MyFitnessPal announced that Tricia Han will join the company as its new chief executive officer. Han was previously CEO of Daily Burn and chief product officer and GM of US for Care.com.
Omega Sports Looks To Reorganize In Bankruptcy Court
Omega Sports Inc., based in Greensboro, NC, filed a bankruptcy petition in Charlotte, NC with a plan to reorganize around its remaining seven stores. Vendors holding sizeable unsecured claims in the bankruptcy include New Balance, owed $261,110.17; Brooks Sports, $248,424; Under Armour, $225,620; and On Running, $159,318.65.
Etnies Presents Amygdala, Featuring Brandon Semenuk
New etnies Semenuk Pro Shoe Launches Globally Today
Honey Stinger Partners With WNBA’s Angel McCoughtry
Honey Stinger announces its partnership with Olympian and professional basketball player Angel McCoughtry. McCoughtry is a five-time All-Star, two-time scoring champion, seven-time all-defensive player, and two-time Olympic gold medalist. She led the Atlanta Dream to three WNBA Finals before taking the Las Vegas Aces to last year’s Finals. “On and off the court, Angel’s work […]
Tecnica Group Appoints New CEO And General Manager
Tecnica Group has tapped Giovanni Zoppas as its new CEO and General Manager, effective May 2021. Zoppas will take over the role held on an interim basis by the Group’s Chairman Alberto Zanatta, after its previous CEO, Antonio Dus, left in December 2020.
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