Hest, a designer of outdoor sleep products, introduced a Down Comforter that pairs with the brands mattresses or works on its own. The company also launched in bedding products.
Author: SGB Media
VF Corp.’s Shares Jump on Activist Investor’s Move
Shares of VF Corp. jumped 14 percent on Tuesday after activist investor Engaged Capital reported that it had built a stake in the owner of Vans and The North Face and planned to push for changes, including steep cost cuts, divestitures of non-core assets and a board overhaul.
EXEC: Adidas Ups Full-Year Guidance on Improved Preliminary Q3 Results
Adidas now expects full-year 2023 currency-neutral revenues to decline at a low-single-digit rate in 2023 compared to its previous forecast of a mid-single-digit decline. An operating loss of around €100 million is now forecast, compared to its previous estimates for a loss of €450 million for the year.
Shaun White Adds Women’s Line to Whitespace Brand
Global snowboard icon adds a women’s base layer, puffer jacket and riding kit to Whitespace brand distributed through Backcountry.
CrankTank Hires Managing Director for Europe, Opens Innsbruck Office
The digital marketing and e-commerce strategy agency hired German-born marketer Susanne Pfrengle as managing director of CrankTank Europe and opened a new office in Innsbruck, Austria to service its European business.
UYN Opens Academy for Research and Engineering
Italy’s Unleash Your Nature (UYN) a Trerè Innovation company, officially opened its 38,000-square-foot Academy for Research and Engineering in Apparel and Sport (AREAS) adjacent to its global headquarters in Asola.
Hybrid Apparel Appoints President, Hybrid Digital
Cypress, CA-based Hybrid Apparel hired Stephen Teglas as president of Hybrid Digital, the company’s print-on-demand apparel business.
Thor Industries Board Member to Retire
Thor Industries, Inc. announced that Wilson Jones, a member of its Board of Directors, is retiring effective December 15, following nine years of service.
EXEC: Sports Direct Parent Acquires Top Germany Sports Retailer
Frasers Group plc, the parent company of UK-based sports retailer Sports Direct, entered into a binding agreement with Signa Retail Department Store Holding GmbH to acquire SportScheck, one of the top sports retailers in Germany.
Explosion at Hornady Plant Kills One Employee, Injures Two
Hornady Manufacturing Company, the U.S. maker of ammunition cartridges, components and handloading equipment headquartered in Grand Island, NE, reported that an employee died in an explosion on October 13. Following an investigation, the cause was accidental.
Dalbello Appoints Global Brand Business Director
The Italian ski boot brand has confirmed that Giuseppe Bianchini was appointed as global brand business director this past summer and is now responsible for the brand’s “strategic direction in an international context.”
Gildan to Close Salisbury Factory
Gildan Activewear plans to close its factory on Heilig Road in the Charlotte, NC, suburb of Salisbury, affecting 258 employees, according to a WARN notice first reported by the Salisbury Post.
Krimson Klover Hires Pacific Northwest Sales Rep
Krimson Klover hired Katie Borgen as a sales rep covering the Pacific Northwest, which includes Oregon, Idaho, Washington, and Alaska. Borgen has a decade of experience working in the outdoor space.
EXEC: Anta Sports Acquires Women’s Apparel Brand
An indirect wholly-owned subsidiary of Anta Sports entered into certain sales and purchase agreements with certain Mayiya Clothing (Shanghai) Co., Ltd shareholders.
Academy Sports to Open in Jefferson City
Academy Sports + Outdoors opened a store in Jefferson City, its eleventh location in Missouri, at 739 Stoneridge Parkway.
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