The U.S. manufacturer of ultralight elevated hunting gear, Tethrd, appointed Dan Chumbler as CEO, effective February 26.
Author: SGB Media
Nosler Announces Promotions; Re-Aligns Marketing Division
Nosler, Inc., the U.S. ammunition manufacturer, promoted Mason Payer, John Nason, and Madi Woodward as it re-aligns its marketing division for continued growth and brand development.
Allbirds Posts DD Q4 Sales Decline and Wider Net Loss as ASPs Decline
The year-over-year decrease was said to be primarily attributable to a lower average selling price, driven by increased promotional activity, partially offset by an increase in third-party net revenue.
Allbirds Appoints Joe Vernachio as CEO as Co-Founder Steps Down
Vernachio takes the helm as CEO and a member of the Board of Directors, effective March 15. He succeeds Joey Zwillinger, Allbirds’s Co-Founder and CEO, who will continue as a member of the Board of Directors and as a special advisor.
EXEC: On Holding Shares Take a Hit as Analysts Question 2024 Outlook
On generated revenue of more than 1 billion Swiss francs in the Americas region for the full year and more than 1 billion Swiss francs in consolidated gross profit and consolidated net sales from the Wholesale channel for the year.
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Black Diamond Equipment Appoints Creative Director
Kasey Jarvis returns to Black Diamond as the brand’s creative director. Most recently, Jarvis was the chief design and development officer at Under Armour.
Kohl’s Swings to Q4, Full Year Profit as Retailer Posts Best Comps Since 2010
The store business had its best comparable sales performance since 2010 and the retailer managed inventory down 10 percent at year-end. Net income was $186 million in Q4, compared to a net loss of $273 million in Q4 2022.
Nuyarn Owner Appoints International Footwear Account Manager
TMC, Ltd., owner of Nuyarn and Herculan, a manufacturer of performance yarn and fabric, hired Tim Liao as the company’s International Footwear Account Manager.
Brooks Appoints Dan Sheridan Next CEO as Jim Weber Plans Departure
Jim Weber will step down as CEO of Brooks Running Company this spring after 23 years in the position. Dan Sheridan, company president and chief operating officer, will succeed Weber as CEO, effective April 26, 2024.
North Point Brands Adds RepYourWater to Brand Portfolio
The husband-and-wife co-founders of RepYourWater, Garrison and Corinne Doctor, will bring their talents to all sectors of North Point Brands.
On Holding Continues Strong DD Growth into Q4 with DTC Leading the Way
The company said the strength and increasing awareness of the On brand drove record-high traffic to the brand’s website and retail stores worldwide, resulting in a 46.2 percent direct-to-consumer share, the highest in the company’s history.
Clarus Board Appoints New Director, Approves Top Shareholders to Increase Stakes
The parent of the Black Diamond, MaxTrax and Rhino-Rack brands, has appointed Roger Werner to serve on the Board of Directors, effective as of March 8, 2024 and approved two top shareholders’ bids to increase ownership percentage.
Vail Resorts, Inc. Appoints New Board Member
Reggie Chambers is EVP and chief transformation officer for the TIAA. Before joining the company in September 2023, he was the CFO and head of strategy for the commercial banking division of JPMorgan Chase.
Vail Resorts Fiscal Q2 Hurt by Weather Issues, but Pre-Season Pass Sales Help
The results for the second quarter were said to be negatively impacted by challenging conditions at all North American company resorts, with approximately 42 percent lower snowfall across western North American resorts through January.
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