Most recently, Flannery was the EVP at Topgolf Callaway Brands, responsible for the company’s global apparel and softgoods businesses. He has also held executive roless at Adidas, Nike/Nike Bauer Hockey, The North Face, and Newell Brands.
Author: SGB Media
Dick’s Sporting Goods Ups Full Year Outlook on Solid Q1 Results
The retailer saw mid-single-digit comparable stores sales growth in the first quarter ended May 4, but hurt by a much higher effective tax rate for the quarter that cut into any bottom-line benefits.
United Pickleball Association Taps Former Dallas Mavericks Exec as Chief Revenue Officer
George Killebrew, who also served as commissioner of Major League Rugby, will lead the organization’s revenue strategy.
Birkenstock Holding Inks New Term Loan and Revolving Credit Facilities Agreement
In connection with this refinancing, the company said it is reducing the outstanding amount of term loans by approximately $50 million. This step is said to reflect Birkenstock’s strong liquidity position and its commitment to balance sheet deleveraging.
Alterra Names New Presidents for Steamboat and Mammoth Mountain Resorts
Alterra Mountain Company appointed Dave Hunter as president and COO of Steamboat in Colorado and Eric Clark as president and COO of Mammoth Mountain in California, who will also oversee operations at nearby June Mountain.
Vista Outdoor Sees Enhanced Ammo Business Bid from CSG; Again Rejects MNC Interest
An amended agreement with CSG, among other things, increases the base purchase price payable by CSG for the acquisition of The Kinetic Group business from $1.91 billion to $1.96 billion and increases the cash consideration payable to Vista Outdoor stockholders by $3.10 per share.
Section 301 Tariff News is Not Good for the Bike Business
PeopleForBikes said all May 31, 2024 exclusions are briefly extended to June 14, as a “transition period.” Exclusions for bicycle trailers and some bicycle helmets are extended to June 1, 2025.
EXEC: U.S. Supreme Court Denies Avenatti Appeal to Overturn Nike Fraud Conviction
The Supreme Court rejected Michael Avenatti’s appeal to overturn his conviction for attempting to extort nearly $25 million from Nike and cheating other clients out of millions. He is serving 30 months in a San Pedro, CA, federal corrections facility.
EXEC: The Nidecker Group Acquires Iconic Skate Brands from Sole Technology
The Nidecker Group, the Swiss-based snowboard company, has reportedly inked an agreement with Sole Technology to acquire its legendary portfolio of skate brands, including Etnies, éS, Emerica, and ThirtyTwo.
Hobie Appoints News Sales and Marketing Leadership to Drive Brand
The company promoted Joel McBride to VP of sales and hired James McBeath as director of marketing. They bring over 70 years of combined experience in adventure sports to Hobie.
Hyosung Appoints European Marketing Manager Textiles
Based in Düsseldorf, Germany, Andreas Puchert is an industry veteran with 30 years of experience in the textile, sports, fashion, and retail markets.
Fanatics Partners with Rugby Australia With Online Store
Partnership runs through the 2025 Women’s Rugby World Cup, 2025 British & Irish Lions Tour and 2027 Rugby World Cup.
Adidas Originals x Craig Green Introduce Three Silhouettes for SS24
Adidas x Craig Green introduce the CG Retrophy collection which includes the Boost, Sandal and three new colorways for the Squash Polta AKH.
The Buckle Reports First Quarter Net Income
The Buckle is best known as a denim retailer, carrying leading brands in the category, including the company’s own brand, BKE. Net income for the fiscal quarter ended May 4, 2024 was $34.8 million, or $0.70 per share, or$0.69 per share on a diluted basis.
Ross Stores First Quarter Sales In Line with Guidance Despite Macroeconomic Headwinds
Earnings results for the period were better-than-expected primarily due to lower expenses relative to our plan.”
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