Solo Brands Q3 Sales Surge 138 Percent
Solo Brands, the parent of Solo Stove and other outdoor brands, reported adjusted earnings climbed 39.7 percent in the third quarter ended September 30 on a 138.3 percent revenue gain.
PGA Tour Superstore Opens 50th Store
PGA Tour Superstore officially hit its 50th store milestone with the opening of its newest 34,000-square-foot location in San Antonio, TX.
Nike’s CFO Joins United Airlines Board
United Airlines Holdings Inc. announced that Matthew Friend, currently executive vice president and chief financial officer of Nike Inc., would join its Board of Directors.
Bedrock Manufacturing Company Appoints CEO
Bedrock Manufacturing Company (BMC) the parent of Shinola and Filson, has named Awenate Cobbina as CEO effective January 1, 2022. The appointment represents an expanded leadership role for Cobbina at BMC, where he currently serves as a member of its Board and runs investing and philanthropic activities for the company’s largest investor.
Puma Partners With Oklahoma’s FC Tulsa
Puma has formed a multi-year agreement to be the Official Soccer Apparel Partner of FC Tulsa, the American professional soccer team.
Nike Opens Nike Live In Las Vegas
Nike has opened a Nike Live at Downtown Summerlin in the Western outskirts of Las Vegas.
Callaway Appoints Board Member
Callaway Golf Company announced Bavan M. Holloway has been appointed to its Board of Directors, bringing the number of members to 13.
Outdoor Retailer In-Person Snow Show Returns To Denver In 2022
Outdoor Retailer Snow Show returns to Denver, CO, January 26-28, 2022, with in-person education, a redesigned floor plan centered around the “Resource Center,” and includes an information hub to access industry insights from experts.
Kohl’s Faces Activist Pressure To Spin Off Online Business
An activist group, a New York-based hedge fund, Engine Capital, is pressuring Kohl’s to consider either a sale or a separation of its online business. The request follows a similar move by Saks Fifth Avenue.
The Buckle Issues Special Dividend
Buckle Inc. announced that at its quarterly meeting of the Board of Directors, held on December 3, 2021, the Board authorized a $5.65 per share special cash dividend.
NRF Economist Predicts Holiday Shopping Could Beat Forecast
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s (NRF) forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, according to NRF Chief Economist Jack Kleinhenz.
Lids Expands Global Footprint With First Stores In Europe
Lids has expanded its international retail presence opening its first brick & mortar retail storefronts. For its European debut, Lids will open four locations in the London metro area.
SquadLocker Partners With rSchoolToday
SquadLocker has been named a service and apparel provider for rSchoolToday, a cloud-based software solution company serving the K-12 market.
PGA Golf Exhibitions Appoints Events Manager
PGA Golf Exhibitions announced that Lisa Langas has joined the PGA Show management team at Reed Exhibitions as the Event Manager.
Hibbett’s Q3 Comps Gain 13 Percent
Hibbett Inc. reported flat earnings in the third quarter ended October 30 as sales grew 15.2 percent against challenging comparisons in the year-ago period. Same-store sales in the third quarter climbed 13.0 percent against a 37.4 percent jump a year ago. Hibbett again raised its full-year guidance as results topped Wall Street’s targets.
