The company that boasts “a curated collection of luxury lifestyle, digital-first brands” is forecasting the store to generate over $1.5 million in annual revenue and over $500,000 in annual cash flow.
Author: SGB Media
Academy Sports and Outdoors Appoints Chief Customer Officer
In his role as EVP and chief customer officer Chad Fox will oversee omni-channel, marketing, customer insights, and customer care. Fox joined Academy this month and reports directly to Steve Lawrence, CEO of the company.
Mustang Survival and Parent Company Add Veteran Outdoor Senior Leadership
Mustang Survival has appointed outdoor industry veteran Kenny Ballard as its new president and Lance Richardson, an expert in domestic manufacturing and efficiency, as VP, manufacturing and innovation for the Wing Group, Mustang Survival’s parent company.
Lululemon appoints Global Creative Director + VP Design/Outwear
Lululemon announced that Jonathan Cheung was named Global Creative Director, and that JJ Collier joined Lululemon’s Global Design team in the newly created role of VP Design, Outerwear, reporting to Cheung.
Camping World Set to Acquire Three Minnesota Locations
The company is set to acquire Roth RV, with locations in Bemidji, Grand Rapids and Deerwood, MN. The transaction is anticipated to close in the second quarter of 2024
Equip Outdoor Technologies Appoints New CEO
The former President of the Berghaus brand and founder and director of Outdoor Gear for Good succeeds Matt Gowar.
Report: Over 17 Percent of Global Holiday Online Sales Influenced by AI in 2023
Salesforce data indicates that online holiday sales reportedly increased 3 percent for the two-month holiday selling period in 2023 after posting flat results in the 2022 period.
EXEC: Super Retail Group Ekes Out 1 Percent Comp Growth In Fiscal H1
The Australia-based parent of the Rebel Sports, BCF outdoor, and Macpac outdoor retail chains reported that sales for the first half of fiscal 2024 increased 3 percent and are expected to reach A$2.02 billion for the period ended December 30.
Ripken Baseball expands All-Ripken Games, adds Under Armour as Presenting Partner
All-Ripken Games powered by Under Armour will attract top youth baseball and softball players to compete and develop The Ripken Way.
La Sportiva Opens First Retail Store in the U.S.
The Boulder, CO store is reportedly part of La Sportiva’s global brick-and-mortar strategy that “aims to further integrate the brand into mountain towns worldwide.”
361 Degrees Int’l Owned-Retail Posts Strong Double-Digit Growth in Q4
Brick-and-mortar retail sales of 361º core-branded product increased over 20 percent year-over-year for the fourth quarter of 2023 ended December 31, while kids sales grew approximately 40 percent and e-commerce sales increased 30 percent.
EXEC: Anta Sports Sees Fila Q4 Retail Trend Accelerating from Q3 Trend
The company, which runs retail stores in China for the Anta brand, Fila, Descente, Kolon Sport, and Amer Sports, reported retail sales, in terms of retail value, for the Fila brand increased 25 percent to 30 percent year-over-year in the fourth quarter.
NRF Foundation Adds Four Board Members
The new members from Gap, Inc., Dick’s Sporting Goods, Goodwill Industries, and Burlington Stores were elected during the organization’s winter board meeting in New York City, ahead of NRF 2024: Retail’s Big Show and the NRF Foundation Honors.
Fashion Energy Report Uses Sustainability, Transparency and CO2 to Rate Brands
The Fashion Energy Report determined Puma was the most sustainable fashion brand, followed by The North Face and Tommy Hilfiger. Other brands in the active lifestyle rating in the Top 10 include Patagonia, Converse and Timberland.
Astral Buoyancy Drops Bluesign-Approved YTV 2.0 to Life Jacket Collection
Astral YTV 2.0 personal flotation device, the fifth product in its life jacket collection, is the first to use Bluesign-approved materials, ensuring the least possible environmental impact.
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