The United States Professional Tennis Association promoted Ramona Husaru to chief development officer from her prior position as director of education and certification.
Author: SGB Media
Transcend Capital Advisors Signs Elite Amateur to NIL Roster
The youngest co-medalist in U.S. Amateur history, Blades Brown, was the Men’s and Junior Player of the Year in Tennessee in 2023 and signed with Transcend Capital Advisors.
1791 OLG Hires Director of Product Development
As the Director of Product Development, Justin Hoffman will collaborate with vendors, business-to-business customers and consumers to meet growing demand for the company’s products.
Xcel Brands, Inc. Prices Public Offering of Common Stock Shares
All of the shares of common stock are being sold at a public offering price of 65 cents per share, for gross proceeds of $2,134,874, before underwriting discounts and commissions and offering expenses, and included participation from members of Xcel’s management.
Caleres, Inc. Hires Liz Dunn for Strategic Planning and Communication Chief
The parent of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, hired Liz Dunn as SVP of corporate development and strategic communications
Wilson Sporting Goods drops Limited-Edition MDA Shamrocks Glove
Wilson Sporting Goods joins annual MDA Shamrocks campaign with introduction of limited-edition glove.
Lands’ End, Inc. Authorizes $25 million Share Repurchase Program
The company expects that purchases will be funded through existing cash on hand, cash from operations, borrowings under its asset-based senior secured credit facility or a combination of the foregoing.
Lexus Signs Zalatoris to Golf Ambassador Program
Lexus added Dallas-based Will Zalatoris to its roster of golf champions. The partnership began before the Players Championship at TPC Sawgrass in Ponte Vedra, FL.
Hibbett, Inc. Sees Q4 Net Income Decline as Comp Sales Fall 6.4 Percent
Brick-and-mortar comparable sales declined 9.2 percent, while e-commerce increased 6.9 percent on a year-over-year basis, excluding the impact of the 14th week. E-commerce represented 18.9 percent of total net sales for the Fiscal 2024 Q4 period.
White River Marine Group Names Hatteras Plant Manager
White River Marine Group hired Guy Roberts as plant manager for its Hatteras Yachts facility in New Bern, N.C. The company made significant investments in plant operations and tooling to prepare to introduce three new models.
EXEC: Zumiez to Stop Store Expansion to Focus on Profitable Growth, Brand Expansion
In 2023, Zumiez closed 20 underperforming North American stores and expect to close an additional 20 to 25 locations in 2024, should results continue to be challenged. The retailer said it will pivot from new stores to profitable growth in Europe.
EXEC: Tilly’s, Inc. Sees Proprietary Brands Outperforming Vendor Brands in Q1
Total comparable quarter-to-date net sales through March 12, 2024, have decreased by 13.4 percent relative to the comparable period last year and the company is forecasting a comp store sales decline in the range of 14 percent to 7 percent for the quarter.
EXEC: Dick’s Sporting Goods on Path for Biggest Expansion Since 2017
After a strong finish to the fiscal year and posting its largest Q4 ever, the company has already put its stake in the ground for the next chapter (or chapters) in the story of the 75-year-old sporting goods retailer.
Ruffwear Builds Leadership Team as Brand Celebrates 30 Years
Ruffwear promoted Young Joen to chief operating officer, hired Robin Skillings as chief marketing officer and Sandella Gansheimer as chief revenue officer.
EXEC: The Apparel Brands Bringing the Brand Heat in 2024
The third annual Brand Heat Index from L.E.K. Consulting identified the brands that are gaining in popularity, or increasing their brand “heat,” across major product categories and generations in women’s and men’s footwear and apparel.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal