Asics Ventures Invests In Real-Time Sports Analysis Applications
Asics Corporation announced that its investment subsidiary, Asics Ventures Corp., has invested in Edge Limited (RUN.EDGE), a provider of real-time sports video analysis applications, including FL-UX, Pitchbase and Taguru.
Arc’teryx Names Chief Financial Officer
Arc’teryx announced that Chris Tham was appointed its Chief Financial Officer, a newly-created role, reporting to CEO Stuart Haselden, effective February 21.
Columbia Sportswear’s Q4 Earnings Run Past Wall Street Targets
Columbia Sportswear Company reported fourth-quarter earnings came in far ahead of Wall Street’s estimates. Sales grew 23 percent to finish the full year ahead 25 percent. Columbia officials predicted sales growth for 2022 in the range of 16 to 18 percent and its board approved a 15 percent dividend increase.
Bouldering Project Acquires Three Brooklyn Boulders Gyms
Bouldering Project, based in Seattle, WA, has acquired three gym spaces in Brooklyn, Boston and D.C., formerly run by Brooklyn Boulders.
Reebok’s Global Creative Director To Exit
Kerby Jean-Raymond, the Pyer Moss founder and vice president of creative direction for Reebok, announced he is leaving the company effective March 1.
HanesBrands’ Q4 Growth Led By Champion, Raises 2024 Full Potential Financial Targets
HanesBrands Inc. reported earnings rose 5.4 in the fourth quarter. Sales grew 4 percent and gained 9 percent on a constant currency basis excluding PPE and 53rd-week sales in 2020. Sales and EPS were in line with Wall Street targets. Global Champion brand sales increased 10 percent over the prior year and 25 percent over fourth- quarter 2019. HanesBrands raised its 2024 Full Potential financial targets.
The Buckle’s January Comps Grow 4 Percent
The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended January 29, 2022 increased 4.2 percent from comparable store net sales for the 4-week period ended January 30, 2021.
Foot Locker Appoints New Board Member
Foot Locker, Inc. announced that its Board of Directors has elected Virginia C. Drosos as a director of the Board. Drosos is currently chief executive officer of Signet Jewelers.
Ruffwear Names New President
Ruffwear announced that Will Blount, who has served as president of Ruffwear for 20 years, will step down and Brandan Hill, former head of product development will assume the role of in-coming president.
ABG Appoints SVP Entertainment And Special Projects
Authentic Brands Group (ABG) has announced Matthew Goldstein has joined the company as senior vice president, entertainment and special projects.
U.S. Ski & Snowboard Names New CMO
U.S. Ski & Snowboard announced the appointment of Guy Slattery as the organization’s new chief marketing officer. Slattery was CMO at Vice Media.
Nike Veteran To Lead Harley-Davidson Apparel And Licensing
Harley-Davidson has appointed Erica Bullard, most recently Nike’s VP and general manager of Nike NYC and the East, as SVP Apparel & Licensing.
Canadian Tire Announces Chairman Succession
Canadian Tire Corp., Ltd. announced that Maureen Sabia will retire as chairman and from the Board of Directors following the company’s Annual Meeting of Shareholders on May 12, 2022. She will be succeeded as chairman by J. Michael Owens following his re-election as a director at that meeting.
Compass Diversified Invests In Packaging Firm
Altor Solutions, a subsidiary of Compass Diversified (CODI) and a manufacturer of custom protective packaging solutions and componentry, announced that it has acquired Foam Concepts, Inc. Financial terms of the transaction were not disclosed.
KKR Invests In High School Sports Platform PlayOn! Sports
PlayOn! Sports, a high school sports media company, reached a definitive agreement to receive a significant investment from KKR, the investment firm, alongside PlayOn’s existing shareholder, Panoramic Ventures.
