Congested U.S. Ports Should See Slight Reprieve In First Half Of 2022
Imports at the nation’s congested container ports are expected to grow modestly during the first half of 2022, but continued high volume will keep up the pressure that built as the economy bounced back from the pandemic last year, according to the monthly Global Port Tracker report released by the National Retail Federation.
Kinona Announces New Hires And New Retail Partnerships
Kinona announced it has hired Kirsten Wlaschin as director of e-commerce and Bill Evans as national sales manager. The golf apparel company also announced a new retail expansion into Nordstrom.com and Dillard’s.
ASB Sports Rebrands As Game One
ASB Sports, the Holland, OH-based team dealer, announced a rebrand under the name, Game One, that will consolidate its eight-owned dealers.
Mizuno Posts Record Profits In Nine Months
Mizuno Corp. said its operating profits reached their highest levels in the nine months through December 31 since quarterly disclosure started in FY08. Sales rose 17.0 percent in the period, led by the Americas and EMEA.
Delta Apparel Reports Record First Quarter Results
Delta Apparel, Inc. reported earnings more than tripled in the first quarter ended January 1 as sales grew 17 percent. Sales increased 16 percent in the Delta Group segment and 24 percent at Salt Life.
Orvis Appoints Chief Brand Experience Officer
Orvis appointed former Athleta CMO Sheila Shekar Pollak to the newly created role of chief brand experience officer.
Krimson Klover Promotes Dumont To VP Sales
Krimson Klover announced it promoted Victoire Dumont to the newly created vice president of sales position.
Descente Revenues Climb 15 Percent In Nine Months
Descente reported an operating profit against a loss in the nine months through December 31 on a 15.1 perfect revenue gain.
Gore-Tex Launches Outerwear On Demand
Gore-Tex has launched a performance apparel rental program. The company’s Outerwear on Demand service offers customers in North America a rental option for its snowsports apparel at 15 resorts and retail locations.
Jack Wolfskin Appoints General Manager, China
Jack Wolfskin has appointed Matthew Jung as general manager, China, effective February 9, 2022.
Blue Water Acquires Yogi Bear’s Jellystone Park In Kentucky
Blue Water, a Maryland-based company, specializing in the development and management of campgrounds, hotels, and attractions, announced it had acquired Yogi Bear’s Jellystone Park at Mammoth Cave in Kentucky to continue its partnership with the Jellystone Park brand.
Fleet Feet Adds Two Stores In Texas
Fleet Feet announced it is opening two stores in McAllen and Georgetown, TX, respectively, and and will increase its store count in the state to 26 stores.
Nike Sues StockX Over NFTs
Nike has filed a lawsuit in the Southern District Court of New York against StockX, accusing the sneaker resale marketplace of using Nike’s trademarks without authorization to market and sell non-fungible tokens (NFTs).
Solo Brands Announces CFO Transition Plan
Solo Brands, Inc. announced that Chief Financial Officer Sam Simmons would begin transitioning from Solo Brands this year. Simmons will remain in the role until a successor is named and then support the transition.
Reports: Amazon And Nike Exploring Bids For Peloton
Amazon and Nike are reportedly exploring separate bids for Peloton, the beleaguered leader in internet-connected at-home bikes and treadmills. Peloton’s shares were trading up more than 30 percent in after-hours trading.
