Joining a host of other brands freshening or expanding their Paris retail presence for the Summer Olympics, The Rossignol Group has reopened its Paris St–Germain store following a complete renovation.
Author: SGB Media
REI Co-op Appoints SVP, Chief Technology Officer
Guillaume Ledieu succeeds Dan Shull, who will depart REI on July 12 for a new opportunity. Guillaume joined the co-op in 2023 as VP of foundation technology and has already had an incredible impact in his short time working for the company.
EXEC: Anta Sports Sees Fila’s China Retail Sales Growth Slow in Q2
The Fila brand increased in mid-single-digits year-over-year in the second quarter, a moderation from the high-single-digit first quarter trend and the high-teens trend for full year 2023.
EXEC: Giant Group Sees Much Improved Q2 Revenue Trend
Second-quarter revenues were down 5.6 percent to NT$21.17 billion, an improvement from the 20.3 percent sales decline in the first quarter of this year and the 16.0 percent decline in the second quarter of last year.
EXEC: Footwear Factories See Diverging Trends in June
Yue Yuen’s footwear manufacturing revenue grew 2.9 percent year-over-year in June 2024 while Feng Tay Enterprises reported footwear manufacturing revenues were essentially flat for the month of June, rising just 0.8 percent
Locally Names First Chief Marketing Officer
Karen Sage joins the company as CMO to further fuel Locally’s expansion as it marks a 12-month growth trajectory to over $1.8 billion in retail referral sales.
American Exchange Group Acquires Island Surf Company
Island Surf Company will become a division of White Mountain Footwear, a brand that American Exchange acquired in January 2023. Joe O’Brien will reportedly continue to lead the Island Surf Company brand.
Macy’s, Inc. Appoints New Chief Information Officer
Keith Credendino, who is currently SVP of technology product development, customer experience, will succeed the retiring Laura Miller as CIO, effective August 4, and join the company’s Corporate Strategy Group.
Omni Hires Product Development & Merchandising Chief for Bodybuilding.com
Steve Marada will reportedly manage the rebuilding of Bodybuilding.com. He has a history of leading and executing strategic business plans that create and refresh health and wellness brands.
Rawlings Partners with Sideline Swap on Used Gear Trade-In Program
The terms of the agreement make Sideline Swap the official resale partner for baseball and softball bats at Rawlings six retail stores, as well as at select baseball and softball tournaments in the U.S.
Garmin Releases Cycling Activity Report for Garmin Connect Community
Based on the data compiled by Garmin over the last 12 months, cycling activities have increased seven percent for consumers that are part of the Garmin Connect community of cyclists and who logged their miles on Garmin Edge cycling computers.
Vista Outdoor Board Reaffirms Commitment to Sell Ammo Business to CSG
The company continues to urge stockholders to vote for the CSG Transaction at upcoming special meeting of Vista Outdoor Stockholders on July 23.
Vista Outdoor Divests Wood Pellet Business from Outdoor Products Group
Vista sold the assets of Fiber Energy Products, the company’s wood pellet manufacturer, to Lignetics, Inc., based in Broomfield, CO. Fiber Energy was a component of Vista’s Revelyst outdoor products segment.
EXEC: Hydro Flask Posts Fiscal Q1 Growth Internationally, but U.S. Falls Short of Plan
Helen of Troy’s CEO said Hydro Flask has embraced the shift in the category with new on-trend content that depicts young people in a range of activities extending beyond its traditional positioning. She also called out that Hydro Flask has broadened its presence in premium grocery customers and beyond.
CSG Appoints EVP, Munitions Programs for CSE USA
Jeff Janey was appointed executive vice president of CSG’s Munitions Programs for CSE USA, the company’s Reston, VA-based U.S. division, collaborating with partners and the U.S. Government, international trade and the development of strategic relationships.
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