Fabletics announced the launch of Fabletics FIT, a new app with hundreds of on-demand workouts and meditations to mark its entry into the at-home space.
Author: SGB Media

OrderMyGear Appoints President
OrderMyGear announced Matt Kaplan as the company’s first president. As president, Kaplan will lead its global sales organization, account management, brand partnerships, and marketing.

REI Plans Special Member Reward Despite Annual Loss
REI reported that it didn’t make a profit in 2020 and consequently won’t be able to pay out its usual annual dividend to members. However, the Co-op said that because the year ended better than expected, a special reward would be paid to members.
OrthoLite Creates Aerogel Infused Open Cell PU Foam
OrthoLite introduces OrthoLite O-Therm, a thermal insole technology for cold-weather footwear protection. O-Therm offers the known benefits of open-cell PU-foam while combining light, insulative cold barrier protection with O-Therm’s aerogel thermal properties. For the consumer, this means feet stay warmer, they can stay outdoors longer, feel more comfortable, perform better and go farther in cold […]

Ignik Bolsters Sales Team With New Rep Groups
Ignik has hired two sales organizations to represent the brand—Adventure Marketing Group in the Southeast and Mountain High Sales & Marketing in the North Central Eastlake territory—securing nationwide coverage in its second year of business.

The Big Gear Show Names Marketing And Project Director
The Big Gear Show has hired Nisa Meineke as its marketing and project director, coming from a digital marketing, brand strategy and project management background in the cycling and outdoor space.

Rossignol Opens Aspen Retail Store
Building on its Aspen, CO retail “pop-up” boutique’s success, Rossignol opened a larger, permanent store in downtown Aspen.

Inside The Call: Compass Diversified Q4 Results Get Boost From Boa, Marucci Adds
CODI revenue for the quarter ended December 31 was $474.8 million, up 22.7 percent compared to $387 million for the prior year period. This year-over-year increase primarily reflects acquisitions of Marucci and BOA during 2020.

MidwayUSA Promotes Matt Fleming To President And CEO
MidwayUSA promoted Matt Fleming to president and CEO. MidwayUSA founder, Larry Potterfield, relinquished his role as CEO but will continue to serve as chairman.

Gildan Activewear’s Q4 Sales Grew 4.8 Percent
Gildan Activewear reported sales rose 4.8 percent in the fourth quarter year-over-year while earnings on an adjusted basis improved 9.8 percent.

Wolverine Worldwide Exceeds Fourth-Quarter Revenue And EPS Expectations
Wolverine World Wide Inc. reported sales were down 16.1 percent in the fourth quarter and earnings also were below year-ago levels but results were ahead of Wall Street’s targets and the company predicted an “accelerated recovery” in 2021. Owned eCommerce revenue grew 50 percent in 2020.

Acushnet’s Q4 Revenues Jump 14 Percent
Profits at Acushnet Holdings Corp., the parent of Titleist, FootJoy and KJUS, rose 20.7 percent in the fourth quarter ended December 31 on a 14.2 percent revenue gain.

Rocky Brands’ Q4 Sales Climb 16 Percent
Rocky Brands Inc. reported earnings climbed 91.1 percent in the fourth quarter on a 16.2 percent revenue gain.

CODI’s Q4 Sales Expand 23 Percent
Compass Diversified (CODI) reported sales for the quarter ended December 31, 2020 were $474.8 million, as compared to $387.0 million for the quarter ended December 31, 2019, representing a gain of 22.7 percent.

Gap To Build Texas Distribution Center To Support Online Growth
Gap Inc. announced plans to open a new state-of-the-art Customer Experience Center in Longview, TX to support Old Navy’s growing online business.