Canadian Tire Corporation Limited announced two senior executive appointments: Gregory Craig as executive vice-president and chief financial officer (CFO), CTC; and Mahes Wickramasinghe as president, Canadian Tire Financial Services (CTFS) and president and CEO, Canadian Tire Bank.
Author: SGB Media

Sportsman’s Warehouse Announces Three New Store Locations
Sportsman’s Warehouse Holdings Inc. announced plans to open new stores in Parker, CO, Brentwood, CA, and Corona, CA, this year.

SOG Founder Spencer Frazer Announces Retirement
Studies and Observations Group (SOG) this week announced the retirement of Spencer Frazer, who founded the company in 1986.
Industry Groups Welcome Phase One Trade Deal Signing
A number of retail and industry groups – including OIA, NRF, FDRA, AAFA and RILA – welcomed the signing of the phase one trade deal between the United States and China. Many renewed calls for the administration to promptly conclude a phase two deal to lift all punitive tariffs.
Rates Keep Rising At Western Mountain Resorts
Generous snowfall and good slope conditions throughout most of the U.S. western resorts along with less than ideal conditions in other regions is helping to buoy lodging rates even as occupancy figures continue to slip, according to DestiMetrics’ monthly Market Briefing from Inntopia.
Former Fanatics Executive Joins Afterpay
David Katz, most recently senior vice president of product management and design at Fanatics, has joined Afterpay.
PGA Tour Superstore To Open Three Stores This Spring
PGA Tour Superstore said it will open three new stores this spring: East Hanover, NJ, Palm Beach Gardens, FL, and Columbus, OH; and is looking to open additional stores later in the year.

Jim Pisani Steps Down As Timberland’s President
VF Corporation announced that Jim Pisani has decided to step down from his role as global brand president, Timberland. He plans to move to the Midwest U.S. to be closer to his family.
ISPO Awards To Be Announced January 26
The winners of the ISPO Awards 2020 have been selected and will be announced on January 26, the first day of ISPO Munich 2020.
Compass Diversified Holdings Announces Two Promotions
Compass Diversified Holdings (CODI) announced Wednesday the promotions of Demetrios Dounis to partner and head of business development and Raj Dalal to principal, effective January 1.

Crocs To Elevate Digital Presence In 2020
On the heels of the highest revenue-grossing year in its history, Crocs Inc. has even bigger plans for 2020 and beyond with digital investment as one of its key long-term growth drivers. During a Tuesday presentation at the ICR Conference in Orlando, FL, CEO Andrew Rees outlined how the company plans to surpass 2019’s achievements.
Alterra Mountain Company Closes On Sugarbush Resort In Vermont
Alterra Mountain Co. announced that it has closed on the purchase of Sugarbush Resort in Vermont, bringing the company’s total year-round mountain destinations to 15 throughout North America, including the largest heli-skiing operation.

Sea To Summit Acquires North American Distributor
Sea to Summit, the global adventure equipment brand headquartered in Perth, Western Australia, announced Wednesday the acquisition of the company’s long-time North American distribution partner.

New Era Cap Celebrates 100 Years
New Era Cap Co. will be celebrating its 100th year anniversary with special collections, new global partnerships and an exhibition at the Buffalo History Museum. Said Chris Koch, president and CEO of New Era Cap, in a statement, “We are extremely proud of our heritage and excited about the momentum we have as we embark on our next 100 years.”
Adidas Continues Share Buyback Program With Third Tranche
Adidas announced the start of the third tranche of its current multi-year share buyback program initially announced in March 2018 and intends to repurchase own shares worth up to €1.0 billion in 2020.