Under Andrew Williams’ guidance, the company’s finance team is poised to drive the next phase of its growth strategy, enhancing profitability and instilling operational efficiencies throughout the organization.
Author: SGB Media
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Report: 2023 Resale Grew 15X Faster than Retail
A new study found that 60 percent of consumers shop for secondhand apparel, giving them more for their money, while 55 percent said they would spend more on secondhand clothing if the economy does not improve.
EXEC: Colt CZ Sees Firearms Unit Sales Fall 10 Percent in 2023 as U.S. Market Declines
The number of firearms sold in 2023 decreased by 10.4 percent compared to 2022, reaching 621 thousand units sold, primarily due to lower demand in the U.S. commercial market.
Lands’ End Posts Wider Net Loss in Fiscal 2023 on Impairment Charges, Lower Sales
Fiscal fourth quarter revenues declined 2.8 percent to $514.9 million for the three-month period ended February 2. Global e-commerce net revenue was $1.0 billion, a decrease of 7.1 percent, due in part to Lands’ End Japan closure. U.S. e-commerce net revenue decreased 2.7 percent.
EXEC: Amer Sports Majority Owner Posts Strong Year of Growing Retail Sales in China
Anta Sports, which runs retail stores in China for the Anta brand, Fila, Descente, Kolon Sport, and was the 53 percent majority owner of Amer Sports at year-end, reported that revenue reached another high in 2023. Anta’s stake in Amer Sports was diluted to 43 percent after the Amer IPO in February.
Pure Hockey to Open Store in Laguna Hills, CA
This will be the retailer’s fourth store in California, which also has locations in Anaheim, San Jose and San Marcos.
L Catterton Makes Significant Investment in Off-Road, Off-Grid Vehicles
Founded in 2018, Storyteller Overland manufactures Class B RV and expedition vehicles. In addition to selling its vehicles at over 40 dealers in the U.S., it also offers adventure gear, accessories and technology for the outdoor lifestyle enthusiast.
Springfield Armory Appoints National Sales & Law Enforcement Manager
As a 20-year employee of Springfield Armory, Drew Herbst will collaborate with Peggy Hickenbottom, the VP of distribution sales and customer service.
Rumpl Invests in Wholesale with New Global Sales Director and Marketing Hire
Tom Stolz was hired as global director of sales and Mariah Agee as wholesale marketing manager, effective immediately.
Klean Kanteen Welcomes New CEO
Gordon Smith is Kleen Kanteen’s new CEO. He most recently served as the company’s CFO and head of Finance.
Vista Outdoor Confirms Receipt of Revised Indication of Interest from MNC Capital
Vista Outdoor’s Board still needs to determine the revised MNC Indication within the framework contemplated by the existing merger agreement with Czechoslovak Group a.s.
Keen Celebrates 10 Years of Uneek Open-Air Sneaker
To round out the celebration, Keen will introduce three new variations of the Uneek open-air sneaker, available in men’s and women’s styles.
Canada Goose Cutting 17 Percent of Corporate Jobs, Shifting Leadership Roles
Carrie Baker, president, brand and commercial, will expand her role to oversee design. Beth Clymer, president of finance, strategy and administration will add operations to her responsibilities. Daniel Binder, chief transformation officer, will now oversee global stores. COO John Moran has left the company.
Report: WY and CA Campgrounds are the Most Competitive in the U.S.
The Dyrt’s 2024 Camping Report found that California campers were nearly 30 percent more likely than campers nationwide to find sold-out campgrounds.
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