Taurus announced that its board of directors has appointed Bret Vorhees as chief executive officer of Taurus Holdings, Inc., which encompasses Taurus USA, Rossi and Heritage Manufacturing product lines.
Author: SGB Media

Target’s Holiday Comps Miss Plan
Target reported same-store sales were up 1.4 percent for the holiday season, below the chain’s forecast of 3 to 4 percent growth and well below holiday 2018’s 5.7 percent comp performance.

Could Nike’s Vaporfly Shoe Be Banned?
Reports say that World Athletics, track and field’s governing body, might ban from competition Nike’s Vaporfly shoes, which the world’s fastest marathoners—Eliud Kipchoge and Brigid Kosgei—each wore in their record-setting races.

Gap Inc. No Longer Pursuing Separation Of Old Navy
Gap Inc. announced that the company no longer intends to separate Old Navy into a standalone public company. The company also announced that Neil Fiske, president and CEO of Gap brand, will leave the company.

Emerald Expositions Appoints CFO
Emerald Expositions Events Inc., the parent of Surf Expo, Outdoor Retailer and other trade shows, announced that David Doft will become its chief financial officer.

Fanatics Signs 10-Year Partnership With Notre Dame
Fanatics has formed a 10-year alliance with the University of Notre Dame to become the university’s primary apparel, headwear, and hard goods partner starting in January 2021. The Notre Dame athletics’ apparel partnership with Under Armour will remain unchanged.

Industry Groups Welcome USMCA Trade Deal Signing
OIA, NRF, AAFA and FDRA were among the trade associations that welcomed Thursday’s Senate passage of the U.S.-Mexico-Canada (USMCA) Agreement.

NRF Report: 2019 Holiday Sales Up 4.1 Percent
Holiday retail sales during 2019 grew 4.1 percent over the same period in 2018 to $730.2 billion, the National Retail Federation said Thursday.

Outdoor Research Appoints Design, Marketing Directors
Outdoor Research, the Seattle-based manufacturer of outdoor apparel and gear, on Thursday announced the hires of Andrew Osborn as creative director for marketing and brand, and Kat Schoewe as creative design director.

Balanced Body Launches Integrated Movement Specialist Certification
Balanced Body, the specialist in Pilates equipment and education, announced the launch of its Integrated Movement Specialist (IMS) Certificate program for movement professionals, including instructors, trainers and coaches.

HanesBrands Renews U.S. EPA SmartWay Transport Partnership
HanesBrands on Thursday announced that the company has renewed its partnership with the U.S. Environmental Protection Agency’s SmartWay Transport program.

Troy Barbell & Fitness Appoints VP Of Sales And Marketing
Troy Barbell and Fitness, the maker of free weight and fitness accessories, appointed Robert Quast as its new VP of sales and marketing.

REI Co-Op To Open Store in Boca Raton, FL
REI Co-op will open a new store in Boca Raton, FL, in fall 2020. The new 23,000-square-foot store will be located at the Uptown Boca lifestyle center, at the southwest corner of Glades Road and 95th Avenue South in west Boca Raton.

Payless ShoeSource’s New Team Looks To Return To U.S. Retailing
Payless ShoeSource announced that it has emerged from bankruptcy proceedings, appointed a new executive management team, and plans to re-open stores in the U.S.

Nick Sargent Unpacks SIA’s Ambitious 2020 Goals
Snowsports Industries America (SIA) is preparing for one of the busiest years in the trade association’s history. With so much new activity brewing, and on the cusp of Outdoor + Snow Show later this month, SGB Executive checked in with SIA President Nick Sargent, who dished on what the organization has accomplished in recent years and its priorities moving forward.