“The new shoes are neither over-engineered nor under-engineered, in the strong belief that nature knows best. We let your foot control the shoe, not the shoe control the foot.” —Inov8 Founder Wayne Edy
Author: SGB Media
VF Corp. Aligns with Activist Investor, Appoints New Indie Board Member
VF will appoint another independent director to the Board in the near term, mutually agreed with Engaged Capital and will prioritize considering the candidates identified by Engaged Capital.
Outtech Hires Regional Manager for Independent Channel
Outtech Sales Services hired Dyson Renn as a regional manager for its independent channel, working with retailers in Pennsylvania and Western New York.
Sitka Gear to Open First Southeast Store
The brand will open its third brick-and-mortar store in The Battery Atlanta with a grand opening for the community on February 24.
EXEC: Topgolf Callaway Sees All Segments Grow in Q4 But Loss Widens
Revenue grew 7 percent at Topgolf, 5 percent in the Golf Equipment segment and 3 percent in the Active Lifestyle segment. The company’s net loss increased 6.1 percent on a GAAP basis and 10.6 percent a non-GAAP basis.
Shoe Carnival Acquires Rogan Shoes; Pre-Announces FY Results on Solid Holiday Gains
The acquisition is expected to be immediately accretive to the company’s fiscal 2024 earnings and generate approximately $84 million in sales and approximately $10 million in operating income, excluding transaction and integration costs.
EXEC: Shimano Forecasts 2024 Double-Digit Sales and Profit Decline
Fiscal full-year 2023 net sales decreased 24.6 percent from the prior year to ¥474.36 billion. Operating income decreased 50.5 percent to ¥83.65 billion, and net income attributable to owners of the parent company decreased 52.3 percent to ¥61.14 billion.
Nocs Provisions Welcomes Head of Product
Quay joins Nocs with over a decade of experience in product development and direction, with past roles at Aventon and Specialized Bicycle Components.
O’Neill Opening Brand Store in Honolulu with Hawaiian Island Creations
The flagship store, on Kalākaua Avenue in Honolulu, HI, joins eleven other Hawaiian Island Creations store locations on Oahu and more across Maui and the Big Island.
Honey Stinger Appoints Another New CEO
Most recently, John D’Alessandro was chief marketing officer for Nutraceutical Corporation where he was credited with orchestrating the development of over 35 brands.
Jetset Pilates Expands in Texas with West McKinney Location
The growing franchise has studios in Florida, with over 28 in development throughout New York, North Carolina, Georgia, Texas, and Australia.
Jazzercise Appoints New President
Before joining the company, Bobbi Quick held leadership roles at 24-Hour Fitness, The Bay Club Company and EōS Fitness.
Nordstrom, Inc. to Add Another Rack Store in New Jersey
The 26,000-square-foot store will be located in Manalapan Commons, a shopping center that includes Best Buy, Panera Bread, Five Below, PetSmart, and Raymour & Flanigan.
Iowa’s Caitlin Clark Putting People in the Seats for Women’s Basketball
The 6’0″ senior is averaging 32.1 points per game this season and is eight points shy of breaking Kelsey Plum’s scoring record of 3,527 points for most career points in Division I history.
Sam Edelman Inks New Licensee Deals Across Four Categories
New licensing partners include HB Connections (handbags), Esquire Brands (kids’ shoes), Gina Group (hosiery), and My Step Global (slippers).