The collection elevates the Jordan Brand to “heirloom status,” respecting the staples that cemented the iconic brand’s status in sport, culture and style from 1984 to today.
Author: SGB Media

Gold’s Gym Inducts Three Industry Icons Into Hall of Fame
Pete Grymkowski, Ed Connors and Tim Kimber established the iconic Venice Beach Gold’s Gym location and revolutionized the fitness industry.

Traeger Saw Upside in Q4 in a Tough 2023 but Sees Softness Ahead
Despite a declining overall full year business, Grills and Accessories revenues each grew more than 20 percent in Q4, while Consumables revenues were flattish. The company sees continued softness in grill industry demand in 2024.

Primus-Silva Appoints New CEO
Primus-Silva appointed Jonas Sjögren as its new CEO, effective April 8. He takes the helm from Richard Jägrud, who leaves the company on April 30 to pursue new career challenges.

Black Diamond Segment Q4 Sales Fall Nearly 10 Percent on Europe Woes
Sales in the Outdoor segment (Black Diamond) were $50.1 million, or $50.0 million on a constant-currency basis in Q4, compared to $55.3 million in the prior-year comp quarter.

American Outdoor Brands Sees Flat Net Loss as Fiscal Q3 Sales Grow 5.0 Percent
Traditional channel net sales increased 8.1 percent year-over-year (YoY) to $28.5 million while e-commerce net sales increased 1.6 percent YoY to $24.9 million for the fiscal third quarter ended January 31.

Sam Edelman x SCAD Students Collab on Exclusive Capsule Collection for Nordstrom
The collaboration brings together a capsule collection of five sneakers, sold exclusively at 33 select Nordstrom stores nationwide and on Nordstrom.com beginning March 4.

Connexa Narrows Fiscal Q3 Loss; Raises Doubts About Going Concern Status
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

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.