The outdoor and active lifestyle apparel brand made four new additions to the brand’s team: a marketing director, a product development associate, an e-commerce and digital merchandising manager, and a customer experience and events coordinator.
Author: SGB Media
Boot Barn Ends the Year with 400 Doors, with Q4 Comps Falling in Mid Singles
An 8.7 percent decrease in net sales was said to be the result of the decrease in consolidated same-store sales and the impact of a 13-week quarter when compared to a 14-week quarter in the prior-year Q4 period, partially offset by the incremental sales from new stores opened over the past twelve months.
Vasque Footwear Expands Waypoint and OSM Sales Partnerships
Vasque expanded Waypoint Outdoor’s coverage to the Southwest and South Central regions, while Outdoor Sports Marketing now extends its reach to the Mid-Atlantic—the two groups now represent six of Vasque’s sales regions.
Jetset Pilates Announces Key Additions to Executive Team
Pilates franchise introduces key hires to strengthen its team and empower franchise success—Sarah Buie, head of franchise development, Jo Gomez, senior director of product and talent, Lisa Thorsen, director of marketing and merchandise, Taylor Talcott, head of franchise services, and Erin Hildebrand, director of franchise development.
EXEC: On Holding Shares Hit 52-Week Highs as Q1 Results, DTC Gains Please the Street
In comparison to the prior-year period that was elevated as a result of the initial selling into some of our key accounts, net sales in the Americas region grew 22 percent year-over-year with constant-currency growth of 30.4 percent for the quarter.
PetSmart Searching for the Next “Chief Toy Testers;” $20K to New Team Members
The Chief Toy Tester search is back and submissions are open for one lucky dog, cat and human parents to join the PetSmart team.
Meijer Opens New Supercenters in Michigan and Northeast Ohio
Meijer opened its first store in Michigan in 1934. Today, it opened a new 159,000-square-foot supercenter in Hillsdale, MI and two new 159,000-square-foot supercenters in Northeast Ohio. This summer, the retailer will celebrate its 90th anniversary as a family-owned Midwest retailer.
CycleBar Indoor Cycling Training Program Officially Recognized as CE Provider
CycleBar’s training program is open to all fitness professionals and can be completed anywhere between three to five weeks. Upon program completion, trainees will earn 1.9 CEUs for NASM, 15 CEUs for AFAA and 20 CEUs for ISSA.
Sea to Summit Launches Canadian Website, Expands DTC
The company has seen increased demand for its products from Canadian consumers. This platform meets them where they are with 24/7 access to its full line of gear.
Skechers Enters Global Footwear Partnership With John Deere
The co-branded pro and lifestyle footwear collection is scheduled to launch in July, designed for agricultural professionals, construction workers, outdoor enthusiasts, and trendsetters.
EXEC: Mizuno Posts Strong Profit Growth for Fiscal Year on Sales Growth in All Regions
The company reported net sales were ¥229.7 billion in the fiscal year ended March 31. 2924, up 8.3 percent year-over-year. Profit attributable to owners of parent was ¥14.3 billion, up 44.4 percent versus the prior fiscal year.
On Holding Posts Another Strong Quarter in Q1, Led by Expanding DTC Sales
On’s total net sales reached CHF 508.2 million, an increase of 20.9 percent year-over-year and a 29.2 percent increase on a constant-currency basis. The results were led by strong demand and momentum in On’s direct-to-consumer channel.
EXEC: Giant Group Sees Improving Bike Picture as April Shipments Close to Flat
The 1.75 percent year-over-year decline was the smallest year-over-year decrease in sales since April 2023 when sales grew 20.3 percent to NT$7.03 billion. First quarter results that were down 20.3 percent.
EXEC: Giant Group Sees China Q1 Gains Offset by Inventory Reduction, OEM Sales Elsewhere
The Taiwan-based manufacturer of bikes, bike parts and components reported that the sharp sales decline came despite increased bike sales in China offset by inventory reductions in Europe and North America and order adjustments from OEM customers.
GU to Open First Overseas Flagship Store in New York in Fall 2024
GU (pronounced as the letters “G” and “U”) was founded in 2006 as a sister brand of Uniqlo and operates approximately 470 stores in Asia, mainly in Japan; this is the first official opening of a store outside of Asia.