The company has been engaged to sell by private treaty over $85 million of inventory and the assets of two 775,000-square-foot fulfillment centers on behalf of Zulily ABC LLC.
Author: SGB Media
Dometic Group Revenues Slide Mid-Teens in Q4; Igloo Hurt by Retailer De-Stocking
The Swedish parent of the Igloo and Frontrunner brands, among others, reported that fourth quarter 2023 net sales declined 13 percent on an organic basis to SEK 5.33 billion.
Ermenegildo Zegna Sales Up Strong in Q4 on DTC and Asia Growth
Revenues for the fourth quarter of 2023 were €570 million, up 40.1 percent YoY and up 42.9 percent YoY on a constant-currency basis, with an organic growth rate of 19.6 percent.
BaseMap Completes Acquisition of HuntScore
The strategic, complementary acquisition accelerates industry-specific strategy to transform hunt planning, mapping and research via mobile devices.
Linksoul Presents Early Spring Loreto Collection
“The Loreto Collection represents an exciting journey for Linksoul, where we merge the rich inspiration of the Loreto region with cutting-edge materials innovation,” —Linksoul Co-founder and CEO John Ashworth
Walmart Will Conduct 3:1 Stock Split
Shares to be issued in the stock split will be payable after market close on February 23, for shareholders of record at the close of business on February 22. Shareholders will receive a distribution of two additional shares of common stock for each share held.
Nordstrom Plans Two New Rack Locations in North Carolina
The new stores will be located in Raleigh and Matthews. The 32,000-square-foot Raleigh store will be located in Triangle Town Place open in fall 2024, while the 25,000-square-foot Matthews store outside Charlotte is expected to open in spring 2025.
EY Survey: CEOs are Displaying Newfound Resilience and Confidence
Global CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey.
IHRSA Hires Industry Veteran to Develop Education and Events
Katie Philipp joins the health & fitness trade association after almost two decades working in the wellness industry in various roles.
Canyon Bicycles Appoints Chief Technology Officer
Chad Manuell was named chief technology officer and joined Canyon’s executive leadership team. He is responsible for driving innovation and ensuring the development and delivery of products to achieve the company’s long-term objectives.
Big Agnes Awards CDMC Sales Agency of the Year
Rob Cairns, Joni Collett and Drew Robinson received the credit for the award for “outstanding performance in the Western Canadian territory.”
SIA Appoints New Board Chair; Adds Four Board Members
Burton’s VP of Global Supply Chain, Rachel Grogan-Cook, is the new chair of the SIA Board of Directors, and the trade association added four new directors: Erik Anderson from Salomon, Danica Carey from Seirus, Jennifer McVey from Nidecker Group, and Shane Wallace from Dakine.
66°North Appoints CCO; Hires North America and EMEA Sales Chiefs
Jeppe Møller will take on the role of chief commercial officer after consulting with the brand in 2023. Justin Warren has joined the team as sales director for North America and Mike Massoulier Eriksen has been appointed head of sales EMEA.
LS&Co. Extends Levi’s Stadium Naming Rights and 49ers Partnership
This extension will be among the largest in the NFL and secures LS&Co. with the naming rights for Levi’s Stadium through the 2043 NFL season.
Triple Eight Distribution Acquires Certain Pro-Tec Brand Assets
The combination of Pro-Tec to its existing brand portfolio, including Triple Eight, 187 Killer Pads, Eightball, Wipeout, and 80six, enables Triple Eight to deliver a broader breadth and depth of protective gear to the global action sports market.
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