Olin Corp. reported Winchester’s sales for the fourth quarter 2019 were $154.7 million compared to $145.5 million in the fourth quarter 2018, a gain of 6.3 percent.
Author: SGB Media
Foot Locker Launches New Membership Program
Foot Locker Inc. announced the North America rollout of FLX, its new membership program unifying all Foot Locker, Inc. brands under one easy-to-use platform.
Nike Provides Update On Impact of Coronavirus In China
In the context of the evolving dynamics related to the coronavirus in China, Nike Inc. said it is prioritizing the health and safety of its store associates and partners, in cooperation with local authorities. Similar to others in the marketplace, approximately half of Nike-owned stores have been temporarily closed, with corresponding dynamics across its partner stores.
Baseball Express Celebrates 30th Anniversary
Baseball Express, the oldest continuously operating online baseball store in the country, is celebrating its 30th year in business in 2020. Exclusive content and retrospectives looking back on the last 30 years in baseball and at the company throughout the month of February are planned.
Oros Opens Pop-Up In Chicago
Oros, the outerwear start-up based in Portland, OR, has opened a pop-up in Chicago.
Boot Barn Narrowly Misses EPS Estimates In Fiscal Third Quarter
Boot Barn Holdings Inc. on Tuesday announced net income per diluted share for the fiscal third quarter ended December 28, 2019, of 81 cents, one cent shy of Wall Street’s estimates for the period.
Macy’s Unveils Massive Changes, Including Layoffs, Closures, HQ Move
In advance of its Investor Day later this week, Macy’s Inc. on Tuesday announced an updated strategy and three-year plan designed to stabilize profitability and position the company for growth. The plans call for the elimination of 2,000 jobs, the closing of 125 stores and the consolidation of its corporate offices, including naming New York City as the company’s sole corporate headquarters.
Yeti Appoints Frank Gibeau To Board Of Directors
Yeti Holdings Inc. announced its board of directors has appointed gaming and interactive entertainment executive Frank Gibeau as an independent director, effective January 30, 2020.
Planet Fitness Announces Board, Leadership Team Appointments
Planet Fitness Inc. this week announced the appointment of Enshalla Anderson to its board of directors, effective immediately. Additionally, the company has announced internal senior leadership appointments focused on strengthening its leadership team to support its accelerating growth.
2020 Outdoor + Snow Show Recap
Growing concern over the coronavirus, sharpened focus on participation and climate, and restored faith in the outdoor trade show lineup were among SGB Executive’s top takeaways from last week’s Outdoor + Snow Show in Denver, CO. Here’s what emerged from three days of walking the show and talking with dozens of industry stakeholders.
Dick’s To Make $5M Donation To Support Girls’ Soccer
Dick’s Sporting Goods announced its 2020 Women’s Initiative highlighted by The Dick’s Foundation’s $5 million grant to U.S. Soccer Foundation’s ‘United for Girls’ Initiative. The retailer has also become the Official Sporting Goods Retailer of USA Softball.
Kansas City Chiefs Merchandise Surges Following Win
According to Fanatics, sales of Super Bowl championship merchandise across the Fanatics network of sites are up more than 70 percent YOY following the Kansas City Chiefs win. The team is on pace to become the second best-selling Super Bowl champion sellers of all-time, trailing only the Philadelphia Eagles in 2018.
Valentine’s Day Spending Set To Increase 32 Percent
Those celebrating Valentine’s Day plan to spend an average $196.31 this year, up 21 percent over last year’s previous record of $161.96. Spending is expected to total $27.4 billion, up 32 percent from last year’s record $20.7 billion, according to the annual survey released by the National Retail Federation.
Garmin Signs Multiyear Deal To Sponsor Bassmaster Tournament Trail
Garmin International Inc. signed a three-year deal to become a sponsor of the Bassmaster Tournament Trail, beginning with the first Bassmaster Elite Series event on the St. Johns River in Palatka, FL.
VF Corp. To Move Global Innovation Center To Denver
VF Corp. will move its Global Innovation Center in Alameda, CA to Denver, according to the Denver Business Journal.
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