SGB Apparel

Amer Sports’ Debt Ratings Upgraded

Moody’s Investors Service upgraded Amer Sports Holding 1 Oy’s debt ratings due to the company’s healthy sales and earnings improvement in 2022 and overall improving performance over the pandemic. Sales grew 22 percent currency-neutral in 2022, led by China.

Vista Outdoor Appoints President, Simms Fishing

Effective immediately, Vista Outdoor, Inc. named Derek Tarlecki as president of its Bozeman, MT-brand Simms Fishing Products. Tarlecki has worked as its chief integration officer since September, following the retirement of Simms CEO Casey Sheahan.

Nordstrom’s Q4 Earnings Top Estimate, To Exit Canada

Nordstrom reported earnings in the fourth quarter topped Wall Street’s guidance despite aggressive markdowns to clear inventories while providing an upbeat outlook for the current year. The retailer also announced the wind-down of its Canadian business.

Hibbett Rolls Out Returns Service

Hibbett, Inc. added Happy Returns’ Return Bars in its more than 1,100 Hibbett and City Gear specialty stores nationwide. Through the service, customers can make returns from hundreds of online retailers at Hibbett and City Gear stores in 36 states.