Spartan Race, the obstacle course racing (OCR) organization, announced the acquisition of the Obstacle Course Racing World Championships (OCRWC).
Author: SGB Media
Kith To Open First Store in Toronto
Kith will officially open its first store in Toronto, and its first in Canada, on September 22.
Report: Wearables Bounce Back with 8.5 Percent Growth in Second Quarter
Global shipments for wearable devices returned to growth in the second quarter of 2023 reversing two quarters of decline, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
Smith & Wesson Sets Stock Repurchase Program
Smith & Wesson Brands, Inc. announced that its Board of Directors has authorized the repurchase of up to $50 million of the company’s common stock through September 19, 2024.
Stöckli USA Appoints New NSM for U.S. and Race & Promotions Manager for NA
The company hired Justin Heanue as its new national sales manager for the U.S. market, and Max Wingard as its new North American race and promotions manager
Allbirds Completes International Distributor Deals
Allbirds, Inc. completed its previously announced agreement with distributor partners in Canada and South Korea. In-Sport Fashions, Inc. is now the brand’s exclusive Canadian distributor and EFG Corp. is its exclusive distributor in South Korea.
Saks Survey Indicates Early Signs of Luxury Spending Rebound
Saks’ latest Saks Luxury Pulse survey, fielded in late July, found that 58 percent of luxury consumers plan to spend the same or more on luxury in the next three months. This is an increase from 53 percent in the prior Saks Luxury Pulse fielded in late April, and represents the first increase in luxury spending plans since the survey began tracking this in May 2022.
EXEC: KMD Sees Rip Curl Post Solid FY Growth while Oboz Sales Jump 62 Percent
The parent company to the Rip Curl, Oboz and Kathmandu brands reported it had achieved record sales of over NZ$1.1 billion dollars in the fiscal year ended July 31, its first year of uninterrupted trade post-pandemic.
Garmin Completes Acquisition of JL Audio
Garmin, Ltd. completed the acquisition of JL Audio, a privately-held U.S. company that designs and manufactures audio solutions for marine, aftermarket automotive, powersports, home, and RV customers.
Nocs Provisions Introduces Vibrant Green Jay Collection
Outdoor optics in a limited-edition colorway inspired by the rare and active foragers of the tropics
Five Below Adds Genesco’s CEO to Board
Five Below, Inc. appointed Mimi Vaughn, currently president, chief executive officer and chair of the Board of Genesco Inc., as an independent member of its Board of Directors.
Mastercard: U.S. Holiday Retail Sales Expected to Grow 3.7 Percent
Mastercard SpendingPulse said sales are expected to rise 6.7 percent online and 2.9 in-store for the period November 1 through December 24, with the biggest gain iexpected to come in electronics with a 6 percent increase.
Kora Launches Yak Wool + Merino Technical Hoodie
Brand evolves Yardang fabric range with hooded half-zip
Colt CZ Sees Q2 Revenues Climb 10 Percent
Colt CZ Group reported sales climbed 10.1 percent in the second quarter but were still off 2.7 percent in the half. Operating earnings on an adjusted basis fell 18.4 percent in the half. The Czech Republic firearms giant lifted its guidance for the year.
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