HanesBrands on Tuesday announced that its board of directors has approved the appointment of Ronald L. Nelson as chairman of the board effective April 23, 2019, contingent upon his re-election to the board at the company’s annual shareholder meeting to be held that day.
Author: SGB Media
Ross Stores To Open 100 New Locations In 2019
Ross Stores recently opened 22 Ross Dress for Less and six dd’s Discounts stores, part of the company’s plans to add approximately 100 new stores—75 Ross and 25 dd’s Discounts locations—during fiscal 2019.
Allbirds Co-Founder To Host SiriusXM Show
SiriusXM on Tuesday announced the launch of Purpose Built, a special series hosted by Joey Zwillinger, co-founder and co-CEO of Allbirds, that features mission-oriented entrepreneurs sharing their experiences in building brands that thrive as they prioritize using their business for good.
Topgolf To Enter Small And Mid-Sized Cities Across The U.S.
Topgolf on Tuesday announced a new venue design that will expand its ability to serve and connect more guests and communities in the U.S. The company is actively seeking and evaluating development opportunities nationwide, with a focus on markets 100,000 – 500,000 in population.
PHIT Act Gets New Life
On Wednesday, March 6, PHIT Act lead sponsors, Sen. John Thune (R-SD) and Sen. Chris Murphy (D-CT), reintroduced the bill in the Senate (S.680); and on Tuesday, March 12, PHIT lead sponsors, Congressman Ron Kind (D-WI) and Congressman Mike Kelly (R-PA) reintroduced the bill in the House (H.R. 1679).
Christy Sports Acquires Leisure Living, Expands Summer Business
Christy Sports LLC, one of the largest specialty retailers and service providers in the Western U.S., on Tuesday announced that it has acquired Leisure Living Inc., a specialty outdoor furniture retail operator based in Salt Lake City, UT. The acquisition closed on March 11; financial terms were not disclosed.
The Creators … Louisville Slugger x 2020 MLB Pro Prime Bat Series
The Creators … Louisville Slugger x 2020 MLB Pro Prime Bat Series
Helinox Updates Campaign To Enforce Patents, Intellectual Property Rights
Helinox, the designer of portable chairs, tables, cots and accessories for the outdoors, on Tuesday announced progress on its ongoing campaign to increase awareness and prevent infringement of its patents and other intellectual property rights.
Report: Modell’s Hires Restructuring Adviser
Modell’s Sporting Goods has retained Berkeley Research Group as its financial adviser to explore restructuring options, including a possible bankruptcy, according to a report from the Wall Street Journal.
Dick’s Sees Return To Positive Comps In Second Quarter
Dick’s Sporting Goods reported fourth-quarter earnings exceeded Wall Street’s targets. Overall earnings and sales fell in the quarter due to a calendar shift. For the full year, the leading U.S. sporting goods chain predicted consolidated same store sales to be approximately flat to an increase of 2 percent, with positive consolidated same store sales beginning in the second quarter.
Yue Yuen’s Sales Slip in February
Yue Yuen Industrial Ltd. reported sales slid 2.6 percent in February to $673.0 million from $691.0 million.
Nike Partners With UEFA Women’s Football
Nike has reinforced its commitment to the growth of women’s football by agreeing a landmark partnership with UEFA. The three-year deal sees Nike become an official partner of UEFA Women’s Football and the match ball supplier for UEFA Women’s competitions.
Hammerhead Secures $4.1 million In Funding
Hammerhead, maker of the Karoo cycling computer, has closed a $4.1 million seed plus round, led by Primary Venture Partners and KB Partners. Also participating were Courtside Ventures, Maveron, Robin Thurston, the co-founder of MapMyFitness and previously Chief Digital Officer at Under Armour, and Andy Ording, the CEO of Zipp.
RV Industry Convenes As Market Continues To Accelerate
The $50 billion recreational vehicle market keeps finding new horizons to explore and the next leg of its journey begins this week when the industry gathers in Salt Lake City, UT, for a revitalized trade show that is aligned with the start of camping season. “RVX: The RV Experience” is the new event offered by the RV Industry Association, and it’s just one reflection of a changing marketplace.
Retail Sales Rebound In January
Retail sales rebounded in January, increasing 1.3 percent seasonally adjusted from December and 3.6 percent unadjusted year-over-year, the National Retail Federation said Monday.
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