Nester Hosiery, a leading US manufacturer of performance merino wool socks, hired Matt Brucker as Vice President of Sales effective immediately.
Author: SGB Media
DSW Changes Name To Designer Brands, Sets 3-Year Growth Plan
DSW Inc. presented the company’s three-year strategic priorities designed to leverage its business model to unlock value and deliver 2021 adjusted earnings per share in the range of $2.65 to $2.75. The company also unveiled its new corporate name – Designer Brands Inc. – which supports its new vision for the future following its acquisition of Camuto Group.
Grassroots Outdoor Alliance To Phase Out Paper Workbooks
Grassroots Outdoor Alliance, with the help of The North Face, is taking a step toward a paper-free future by encouraging and subsidizing a membership shift away from use of the paper “workbook,” the ubiquitous outdoor industry sales tool.
DSW Shows Loss In Q4
DSW Inc. reported a loss on an adjusted basis of $5.4 million, or 7 cents a share, against adjusted earnings of $30.8 million, or 38 cents, a year ago. Results came in short of Wall Street’s average target of earnings of 3 cents.
OBIT: Darrell Lowrance
Darrell J. Lowrance, founder of Lowrance Electronics Inc., died Saturday at the age of 80. Lowrance brought early technology to recreational fishing with the invention of the first portable sonar “fish finder”—the Fish-Lo-K-Tor—for the average angler.
Unifi Announces Leadership Transition
Unifi Inc. on Monday announced a series of leadership changes. Kevin Hall has resigned as CEO and director, while the board of directors elected Albert Carey, currently the company’s non-executive chairman, as its executive chairman, effective April 1, and also appointed Thomas Caudle Jr. as the company’s principal executive officer, effective immediately.
Feetures Expands Athlete Team With Sponsorship Of Cat ‘Be Rad’ Bradley
Feetures, the sock brand, has signed on as the official sock sponsorship of ultrarunner Cat Bradley. Bradley will round out the Feetures athlete team, which includes other running notables Kyle Merber and Anna Frost.
PTR Appoints Milena Stephens To Education Position
Professional Tennis Registry (PTR) has named Milena Stephens as its new education administrative coordinator. In this position, Stephens will ensure every member has the resources to be fully prepared for a certification workshop or event.
North American Handmade Bicycle Show Announces Awards, 2020 Show Location
The North American Handmade Bicycle Show (NAHBS) reported a record number of exhibitors at the show’s recently held event in Sacramento, CA, and also announced the 2020 show location and dates.
Legacy Sports International Introduces Marketing Team
Legacy Sports International has named its 2019 marketing team. Mark Cabangon and Cassidy Blanton will be working under the direction of the company’s executive vice president of marketing and sales, Andy McCormick.
MidwayUSA Promotes Frevert To Merchandising Manager, Clothing & Footwear
MidwayUSA has promoted Matt Frevert to merchandising manager, clothing & footwear. Frevert has been with MidwayUSA since August 2013, previously serving as a product information specialist and most recently a product specialist in the clothing & footwear line.
Guidefitter Expands Reach In Outdoor Industry With New Brand Partners
Guidefitter, the Austin, TX-based industry network for professional outdoor guides and outfitters, on Monday announced that it has signed 37 new brand partners to help manage its pro purchase programs and significantly expand its reach to tens of thousands of vetted outdoor professionals.
Esports Set To Take Off
EMarketer became the latest research firm to come out with the bullish forecast on the growth potential of esports as well as the related advertising opportunity to reach a hard-to-reach and coveted millennial demographic. The reports come as Nike, Adidas, Puma, Fanatics, Champion and others have all recently inked sponsorship deals.
Moody’s To Review Camping World’s Debt Ratings For Possible Downgrade
Moody’s Investors Service placed all ratings of Camping World, including the B1 corporate family rating, on review for a possible downgrade due to the retailer’s poor performance in the fourth quarter.
The Buckle Sees Slight Decline In Q4 Profits
The Buckle Inc. reported in earnings in the fourth quarter dipped 2.1 percent on a 6 percent revenue decline.