Globe International Limited, based in Melbourne, reported continued growth in net sales for the year ended June 30 while profitability was just below the previous corresponding period mainly due to the impact on margins from the strengthening of the US dollar against the AUD.
Author: SGB Media
Gregory’s Revenues Climb, High Sierra’s Retreat in Half
Samsonite International S.A. reported sales on a currency-neutral sales grew 22.1 percent for Gregory in the six months ended June 30 but fell 11.9 percent for High Sierra.
TIA Finds 2.1 Percent Growth In Tennis In 2018
The total value of the U.S. tennis economy grew by 2.1 percent last year to a total of $6.19 billion, according to data from the Tennis Industry Association’s annual Economic Index, created to evaluate the total worth of the U.S. tennis industry to the overall economy.
Outdoor Retailer Combines Winter Shows In January
Outdoor Retailer, in concert with the Outdoor Industry Association (OIA), as well as key brands and advising retailers, announced it will not produce Winter Market, scheduled for November 5-7, 2019. The show will be united with the Snow Show, creating the Outdoor + Snow Show, scheduled for January 29-31, 2020 at the Colorado Convention Center in Denver, bringing the entirety of the community together.
Nordstrom’s Q2 Tops Estimates
Nordstrom Inc. reported second-quarter earnings that topped expectations although sales came in at the lower end of the expected range.
Delta Galil Appoints Steve Moore President, Mass Division
Delta Galil Industries Ltd. named Steve Moore as president, Mass Division. Moore is a mass merchandising executive with more than 25 years of experience, including at Gildan Activewear and 14 years at Hanesbrands Inc.
Sneakers4Funds Hires New Vice President
Sneakers4Funds, the leading athletic shoe drive fundraising company in the nation, announced the hiring of Brian Perez as vice president.
NOLS Appoints New Trustees
NOLS (National Outdoor Leadership School) announced the appointments of five new members to its Board of Trustees: John Babcock, Jimmy Chin, José González, Annie Morita and George Phipps.
Drew Brees Joins Franchisee Franworth As Newest Partner
Franworth, the franchisee, said New Orleans Saints quarterback and multi-unit franchisee Drew Brees has joined the company as a partner and a member of its executive board. Brees will contribute to accelerating the growth of the company’s portfolio of franchise brands — including Title Boxing Club, The Lash Lounge, and CityRow.
St. Cloud Capital Invests In n Orangetheory Fitness Franchisee
St. Cloud Capital announced an investment in Little Rock, AR-based AR HIIT, LLC, an Orangetheory Fitness franchisee.
Fitbit Collaborates With Singapore’s Health Promotion Board
Fitbit announced that it will be collaborating with Singapore’s Health Promotion Board (HPB) on a healthy population project in support of Singapore’s Smart Nation initiative.
Urban Outfitters’ Q2 Profits Slide 35 Percent
Urban Outfitters, Inc. reported total company net sales for the three months ended July 31, 2019, decreased 3.0 percent over the same period last year to $962 million. By brand, comparable Retail segment net sales increased 6 percent at Free People and decreased 3 percent at the Anthropologie Group and 5 percent at Urban Outfitters.
Bass Pro To Open Third Store In West Virginia
Bass Pro Shops announced plans to open a new location at WestRidge Crossing, a new mixed-use development in Morgantown, WV. The opening marks Bass Pro’s first new-store announcement since closing on the acquisition of Cabela’s in September 2017.
NRI Distribution Appoints New Head Of Business Development
NRI Distribution Inc., the third-party logistics provider, appointed Brian White, former vice president of sales for Nixon, Inc., to lead business development. Additionally, Ryan Dale-Johnson, former director of accounts for NRI, was promoted to director of business services in the Los Angeles office.
Active-Lifestyle Well Represented On 2019 Inc. 5000 List
Hyperice, Bombas, Klymit, PXG Golf, OrderMyGear, Blink Fitness and Sportique were among a number of companies in the active-lifestyle space landing on the 2019 Inc. 5000, the magazine’s annual ranking of the fastest-growing private companies in America.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal