Outdoor Retailer Summer Attracts Over 550 Brands For Upcoming Show
Outdoor Retailer said more than 550 brands are exhibiting at Outdoor Retailer this summer in Denver, with over 20 percent representing new exhibitors.
Yue Yuen’s Q1 Sales Hurt By Declines At Pou Sheng
Yue Yuen reported profits grew 3.7 percent in the first quarter despite a 4.0 percent decline In revenues, mainly dragged by weak sales at its Pou Sheng retail chain.
Bemis Acquires France-Based Company, Protechnic
Bemis Associates, the 110-year-old adhesives and specialty films company based in Shirley, MA, and design partner to leading outdoor, sportswear, performance, luxury, and lifestyle brands worldwide, has acquired Cernay, France-based manufacturing company Protechnic.
Mizuno’s Q4 Sales Climb Double-Digits In Americas Region
Mizuno reported sales in the Americas region rose 15.9 percent in the fourth quarter and 30.4 percent in the fiscal year ended March 31.
Tentree Hires Former Backcountry Exec As President
Vancouver, BC-based Tentree hired former BackCountry executive, Diana Seung,
Dillard’s Q1 Comps Improve 23 Percent
Dillard’s, Inc. reported strong improvement in earnings in the first quarter April 30 as same-store sales improved 23 percent and gross margins rose 470 basis points.
JD Sports Sees Strong Start To Year
JD Sports Fashion Plc. said same-store sales grew more than 5 percent in the first 14 weeks of the new financial year to May 7.
JCPenney Names CMO
JCPenney announced that John Aylward has accepted the position as chief marketing officer effective June 6, 2022.
Puma Appoints Supervisory Board Chair
Puma SE appointed Héloïse Temple-Boyer to chair of its supervisory board. She succeeds Jean-François Palus.
Asics North America Delivers Fifth Consecutive Quarter Of Positive Growth
Asics reported that despite strong sales in North America, net sales decreased 1.1 percent to ¥105,329 million ($822 mm) due to production disruptions caused by shutdown of some factories. In North America, sales increased 12.2 percent to ¥21,112 million ($165 mm).
SportChek’s Comps Jump 10 Percent In First Quarter
Canadian Tire Corp. reported retail sales at SportChek increased 4.5 percent in the first quarter, and comparable sales were up 10.2 percent over the same period last year. Helly Hansen’s sales were up 24 percent. Canadian Tire’s consolidated comparable sales, excluding petroleum, grew 6.4 percent in the first quarter.
TravisMathew First Brand To Open Storefront At St. Andrews
TravisMathew, the men’s golf and lifestyle brand, announced a partnership with St Andrews Links to open a storefront at the Old Course, making it the first brand with an on-site retail presence.
Kohl’s Shareholders Vote Against Activist’s Bid To Shake Up Board
Kohl’s shareholders voted to re-elect all 13 members of its board of directors, rejecting an attempt by the activist investor Macellum Advisors to replace up to ten of the board members.
Trove Appoints CEO
Trove, the specialist in re-commerce, announced that its President, Gayle Tait, has been promoted to CEO effective immediately. Andy Ruben, who has been CEO since he founded the company in 2011, will transition to executive chairman.
StockX Appoints First-Ever Chief Impact Officer
StockX announced the expansion of its executive leadership team with the appointment of its first-ever chief impact officer, Damien Hooper-Campbell.
