Initially scheduled for May 29, the event will now take place early in the fall at the company’s Adventure Sports headquarters in Irvine, CA. The company will share the rescheduled date closer to the event.
Author: SGB Media
EXEC: REI Co-Op Sales Ticked Lower in 2023; Loss Widens
REI reported that three factors largely drove the loss: its commitment to continue investing in hourly employee pay, its commitment to providing a member reward and a $169 million non-cash valuation allowance against its deferred tax assets.
One Stop Sports Rebrands to Replay Sports Cards
With national expansion on the horizon, the team is focused on building a “robust” training program for future Replay Sports Cards shops nationwide. Community Franchise Group is assisting in the company’s growth.
Anderson Manufacturing Appoints New CEO
Jeff Stawiarski took the helm as CEO of the family-owned company, effective April 29, reinforcing Anderson’s commitment to innovation and growth in the manufacturing of rifles, parts and accessories.
EXEC: Adidas Swings to Q1 Profit as DTC Drives Top-Line Growth
Footwear revenues grew 13 percent in Q1, said to be driven by the strong brand momentum, particularly in the Originals and Football categories, and Apparel sales were up 2 percent in the period. Accessories grew 1 percent.
German Precision Optics Hires Northeast Sales Group
This strategic partnership with Pestilli Group marks a significant milestone in GPO’s growth in the U.S. and for both companies.
Thompson/Center Arms Acquired by Former Owner
Gregg Ritz, the former owner of Thompson/Center Arms acquired the company to “reinvigorate the brand and its legacy in the firearms market.”
Wolverine Worldwide Appoints Chief Legal Officer and Corporate Secretary
Dave Latchana was promoted to chief legal officer and corporate secretary, overseeing the company’s legal, compliance, corporate communications, risk management, ESG, security, and loss prevention functions.
United States SailGP Team Appoints Lindsay Vonn to Board
The U.S. SailGP Team is one of ten national teams in SailGP, the emerging global league now in its fourth season, that races in high-tech, high-speed 50-foot foiling catamarans at worldwide.
Tailwind Nutrition Hires VP of Marketing
Kristen Flemington joins the company from Dutch Bros Coffee where she provided integrated marketing support prior to the company going public in 2021.
Gymshark Names Adidas Exec As First Wholesale and Retail Boss
Hannah Mercer joins the activewear brand after working at Adidas for six years as global vice president, where she reportedly “masterminded and executed the brand’s global retail strategy.”
EXEC: Velo Shuttering Colorado Cyclist and Planet Cyclery, Running Liquidation Sales
B. Riley is facilitating the total liquidation of Planet Cyclery and Colorado Cyclist’s inventory, in connection with the executed General Assignment for the Benefit of Creditors (ABC) of Velo.
Life Time Appoints Chief Science Officer
James LaValle, clinical pharmacist, C.C.N.M.T., as chief science officer to “spearhead the development and implementation of scientific initiatives and strategic relationships” to support Miora, Life Time’s new longevity and performance program.
Reef Appoints New CFO
Daniella Turenshine is Reef’s new chief financial officer. Most recently, she was the CFO at Figs since December 2021 and, before that, the senior vice president of Finance and Strategy since November 2018 at Figs.
Wiley X Restructures Sales Management and Adds 100 Reps
The company hired seasoned industry executive Aaron Quigley as SVP of sales. Quigley joins the brand with over 20 years of experience as a sales executive for companies, including Oakley, Stussy and VonZipper.
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