Pickleball Kingdom is expanding into Seattle and Bellevue, WA, respectively, spearheaded by franchisee John Hyland.
Author: SGB Media
Ross Stores Appoints President and CMO for DD’s Discounts
Karen Fleming, currently group EVP of merchandising for DD’s Discounts, has been promoted to president and chief merchandising officer for the Ross Stores division.
Watchtower Firearms Appoints Chief Growth Officer
Jordan Davis as chief growth officer to help manage and drive the company’s growth initiatives. He has previously serve in senior leadership roles at Volcom, Inc., O. Mustard, and Remington Outdoor.
Star Rods Celebrates 65th Anniversary
Global outdoor brand teams up with Cape Fear Distillery and Steve Goione to launch an inaugural pairing of USA-made inshore fishing rods and American-crafted spirits.
Crocs Brand Gets New President as Michelle Poole Sets Retirement Plan
EVP & CFO Anne Mehlman will be promoted to EVP and president of the Crocs Brand. Until her replacement is named, Mehlman will continue as CFO of the company.
Canada Goose Updates Guidance After Solid Holiday
Total revenue for the fiscal third quarter ended December 31 increased 6 percent year-over-year (YoY) to C$609.9 million, or up 5 percent on a constant-currency basis.
Peloton Shares Down on Lower Outlook, Mixed Fiscal Q2 Results
Total revenue was down 6 percent to $743.6 million for the fiscal second quarter ended December 31, 2023. Connected Fitness segment revenue was $319.1 million, down 16 percent year-over-year. Subscription revenue was up 3 percent to $424.5 million for the period.
Altra Expands Timp Family of Trail Shoes
The Timp collection gives runners and hikers more control with improved stability and flexibility for going through rough terrain.
EXEC: Amer Sports IPO Comes Up Short; Some Cite China Concerns
Arc’teryx generated 43 percent of its overall revenues in Greater China in the nine-month YTD period in 2023, while the region only generated 5 percent of sales for Salomon and Wilson. Thirty-six Arc’teryx stores in China accounted for 16.7 percent of global brand revenues for the 2023 YTD period.
Nemo + Out&Back Outdoor Partner on Trade-In Program
“Nemo designs durable, top-quality gear, making them the perfect partner to help scale and democratize circular solutions to the outdoor industry.” —Barruch Ben-Zekry, Founder and CEO, Out&Back.
Boot Barn Holdings Sees Comps Down and Profits Up in Fiscal Q3 Period
The 9.7 percent decrease in consolidated same-store sales is said to be comprised of a decrease in retail store same-store sales of 9.4 percent and a decrease in e-commerce same-store sales of 11.5 percent.
Pickleball Kingdom Expands into Austin, TX
The Austin franchisee is Jared Jolly, a seasoned entrepreneur. He has reportedly built multiple businesses in mobile communication, online stores and in the wholesale space.
Pvolve Expands Leadership Team with Two New Hires
Stacey Heald joins Pvolve as chief operating officer of franchise development, overseeing the business’ franchise strategy, operations, and P&L and Alexis McDowel joins the company as the first global VP of communications.
Outtech Sales Services Adds Regional Manager
Cameron Barto joins the company as a regional manager for the company’s independent channel, working with retailers in West Virginia, Maryland, Delaware, New Jersey, and Northern VA.
Safilo Group Posts Best Quarter of 2023 in Q4; Smith Optics Up on DTC Growth
The parent of Smith and the eyewear licensee for Carrera, Havaianas, Under Armour, and Fossil, reported preliminary unaudited net sales were €238.7 million in the 2023 fourth quarter, marking the best performance of the year.
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