The parent company of Huffy, Niner, Batch, and Buzz Bicycles, has appointed Ryan Karp as its new VP of Operations and Supply Chain Management. With over 20 years of experience, Karp will oversee the operations teams, rider services teams and supply chain management across multiple regions.
Author: SGB Media
Pura Vida Parent to Cut $20 Million in Company Costs
Vera Bradley, Inc., parent of the Vera Bradley and Pura Vida brands, announced a strategic cost efficiency initiative to reduce company costs by approximately $20 million annually commencing with its fiscal year 2026.
Filson Parent Appoints Tim Bantle as Brand President
The VF, Eddie Bauer, Black Diamond, TNF and Patagonia veteran will lead the next phase of growth and global expansion for the 128-year-old heritage brand.
Revelyst and RCBS Announce Weaver Mounts License
As part of this agreement, RCBS will continue to manufacture all Weaver rings, bases and mounts in its Oroville, CA, headquarters. RCBS has manufacturered reloading ammunition tools since its founding in 1943. Since 1930, Weaver Mounting Systems has manufactured optics mounting systems
EXEC: Perfect Moment Names Two Additional European Sales Agencies
New Look Fashion Deal will manage Perfect Moment’s wholesale distribution in Belgium, the Netherlands and Luxembourg (Benelux) and Bernd Schürmann will focus on Germany, Austria and Switzerland (DACH region).
L.A.B. Golf Bolsters Leadership Team
Robert Johnson joins the company as president. Headquartered in Eugene, OR, the company’s patented technology eliminates torque to give golfers the ability to repeat their golf stroke.
Big 5 Sporting Goods Narrows Q4 EPS Guide After Comps Fall 6.1 Percent
The company now expects to report a loss per basic share in the range of 94 cents to 97 cents for Q4, which compares to previous guidance for a loss per basic share in the range of 80 cents to $1.05.
Under Armour Renews Global Eyewear Licensing Agreement with Safilo Group
Through the renewed agreement until 2031, the companies will offer sunwear and prescription eyewear solutions that support athletes on and off the field.
Cotton Inc. Promotes William Kimbrell to President and CEO
The 22-year veteran of Cotton Inc. was executive vice president and chief operating officer before his promotion to CEO and president in November.
CNBC/NRF: Retail Monitor December Retail Sales Jump; Sporting Goods Rebounds
Core Retail Sales, excluding restaurants, auto dealers and gas stations, rose 2.2 percent m/m in December and up 8.4 percent y/y. That compared with a decrease of 0.19 percent m/m and an increase of 1.4 percent y/y in November.
Veo Strip Appoints Nike Veteran as Company’s First CEO
The company that created a product to prevent sweat from affecting an athlete’s vision during physical activity has tapped former Nike executive Tom Kelley as its first CEO.
Urban Outfitters Posts Strong Holiday Led by Anthropologie and Free People Comps
Comparable Retail segment net sales increased 10 percent at Anthropologie, grew 9 percent at Free People, and decreased 4 percent at Urban Outfitters. Nuuly segment net sales increased 55 percent.
ThredUp Sees Easy Beat for Preliminary Q4 Results Against Latest Outlook
The company posted total fourth quarter revenue growth of 9 percent in the U.S. market year-over-year, compared to the company’s initial guidance of a decline of 6 percent to 2 percent for the period
Purpose Brands Appoints Brand President for Orangetheory Fitness
Lauren Cody assumes the role on January 27, with Orangetheory Co-founder and CEO Dave Long fully transitioning to co-chair of the Purpose Brands board, where he will serve as a strategic advisor to the Orangetheory brand leadership team.
RG Barry Brands Names Justine Suh President of Dearfoams
Most recently, Suh served as general manager at Carter’s North America Retail. Before that, she was chief merchandising officer at Cole Haan and VP, global general merchandise manager of Omni Channel at Deckers Brands.
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