The company said the 29 percent sales increase for fiscal Q3 was due to incremental sales driven by Slinger Bag Pickleball as compared to the prior-year period
Author: SGB Media
Giordana Beyond Gravel Collection Engineered for Performance and Adaptable Style
“We want riders to feel confident with their kit and empowered to wear it beyond the bike in a way that naturally fits right into the rest of their day.” —Julian Andretta, Creative Director, Giordana Cycling.
EXEC: Rapala VMC Posts Wider 2023 Net Loss on Double-Digit Sales Decline
The Finland-based fishing equipment and nordic ski manufacturer said de-stocking continued throughout 2023 but started to ease in the latter part of the year. Consumer spending remained tight due to high inflation and impacted especially higher ticket item sales.
Overstock Parent Acquires Zulily Assets; Plans Site Re-launch Before Summer
Zulily’s new website will be fully functional by the end of the second quarter and contribute to Beyond’s 24-month revenue goal without adding incremental fixed expenses. Overstock is scheduled to relaunch later this month.
Ariat International Opens New Las Vegas Flagship Brand Shop
The retail space spans nearly 10,000 square feet, offering Ariat’s full assortment of boots, clothing, jeans, shoes, and accessories on two floors.
The Buckle, Inc. Reports February 2024 Net Sales
Comparable store net sales for stores open at least one year for the 4-week period ended March 2, 2024, decreased 11.5 percent from comparable store net sales for the 4-week period ended March 4, 2023.
Duluth Holdings Gets Q4 Lift from DD Growth in Women’s and Mobile Sales
Mobile net sales grew 20.0 percent in Q4 and now represents the largest sales channel. Women’s apparel net sales increased 12.4 percent YoY, with double-digit growth across both Duluth and AKHG brands. Men’s apparel net sales were flat.
Locally Closes Series A Round of Financing to Fuel Growth
Locally said it will use the funding from Corbel Capital Partners and Valency Capital to grow its team, expand into adjacent industries and raise its visibility with consumers, brands and retailers.
Primark Continues U.S. Expansion with New DC and Four Store Leases
The international clothing retailer continues its global expansion by opening a new distribution center in Jacksonville, FL, and will open new stores in Virginia, Maryland, Texas, and its first store in Tennessee.
Burlington Stores Posts Solid Q4 Results With Some Extra Week Help
Looking ahead, total sales are expected to increase in the range of 9 percent to 11 percent; this assumes comparable store sales will increase in the range of 0 percent to 2 percent, on top of the 4 percent increase for the fiscal 2024 year.
Oakland A’s Release Renderings of New Stadium on Vegas Strip
The 33,000-person capacity ballpark will provide an “outdoor feel with views of the city’s skyline.” It is scheduled to open for the 2028 season.
Klean Kanteen Acquired by Think Better Group
The Group will grow Klean Kanteen’s North American distribution while further elevating the brand into European and Asia Pacific markets.
EXEC: Foot Locker Shares Plummet as New Team Overshoots on Plan
FL shares closed down 29.4 percent for the day. Some expected give-back would come after a 43 percent run-up since the Q3 report, but others grew more concerned that FL may be too optimistic about 2024.
Legendary Innovator Gert Boyle: Spanning Generations
The First Lady of Innovation was more than an industry icon and philanthropist. She was a model for the power of the pioneering spirit—venturing into the unknown with vision and determination and leading by example for others to follow.
Club Pilates Opens 1,000th Studio in Portland
Club Pilates reached a milestone, opening its 1,000th studio in Portland, OR. The space joins a global network across 12 countries offering low-impact Reformer-based workouts.
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