Net sales increased 3 percent to $1.10 billion in the fourth quarter. First quarter net sales are expected to range between $749 million and $764 million, representing a decline of 3 percent to 1 percent from $770 million for the comparable Q1 period in 2024.
Author: SGB Media

Fleet Feet Concord Opens in North Carolina
Mark and Kristin Harris’ Concord, NC store, in the Christenbury Village, is the second for them, as they also own a Fleet Feet store in Huntersville, NC.

Superfeet Makes Four Key Strategic Leadership Hires
The manufacturer of performance insoles has promoted Annie Quammen to chief people officer and hired Dan Bailey as chief growth officer, Mike Donnelly as VP of Marketing, Jiewei Fridgen as VP of Operations, and Heather Allerdice-Gerow as head of Digital Product.

Archive Raises $30M Series B Funding to Expand Resale Intelligence Software
Archive said it has launched new partnerships with New Balance, Fjällräven and Dr. Martens, among others, in addition to expanding existing resale programs with The North Face, DVF, Faherty, and M.M.LaFleur.

S&S Activewear Makes Key Leadership Appointments in Canadian Division
Craig Ryan has been appointed vice president of Commercial, Canada, and Steven Clune was named national director of Sales for Canada, reporting directly to Ryan.

JCPenney Launches B2B Website for Commercial Bulk Orders
The department store retailer said its new business-to-business website offers current and potential bulk order customers exclusive access to JCPenney’s vast catalog of products across several divisions.

Rally House to Open Store in Blacksburg, VA
The store is the first for Rally House in Virginia and will occupy the previous Tech Bookstore building near the corner of South Main Street and Lee Street. A Spring 2025 opening is planned.

Newton Golf Announces $1 Million Share Repurchase Authorization
The tech-focused golf company’s Board of Directors approved a share repurchase authorization of up to $1 million of its common stock, effective January 31, 2025, and expiring January 31, 2026.

Black Diamond Wilderness Exchange to Host Grand Re-Opening
The store’s renovation has been ongoing since October 2024, during which BDE reportedly invested in much of the related costs. The newly branded Black Diamond Wilderness Exchange store will host a grand reopening from February 8-16, 2025.

Timberland Appoints New Global Creative Director of Marketing
Drew Villani is responsible for bringing the company’s creative vision to life, including brand marketing, art direction, photography, store design, styling, and video production. Villani joined Timberland from Calvin Klein, where he was the senior director of global creative.

Pickleball Kingdom Franchise to Open Cincinnati Venue in Spring 2025
The new venue will span 33,000 square feet and feature 12 professional-grade indoor courts, coaching and clinics, youth programs, leagues and tournaments, and community and corporate events when open.

AirBoss Defense Group Awarded 3-Year Boot Contract Valued at up to $82.3 Million
The manufacturer of survivability solutions has announced that the U.S. government selected the ADG Molded AirBoss Lightweight Overboot (MALO) for its CBRN overboot program contract, worth up to an aggregate amount of $82.3 million.

Caleres Appoints Brian Costello as Chief Merchant at Famous Footwear
Costello was, most recently, the footwear DMM at Nordstrom. He will oversee all buying and merchandising, including women’s, men’s and kids’ athletic and fashion footwear and accessories, for the brand’s U.S. and Canada stores and e-commerce sites.

Cotopaxi Makes Key Leadership Changes with New Hires and Stephan Jacob Move
Craig Rowley has been named chief marketing officer. Sara Westbrook has been named as the company’s new SVP of Product and Merchandising. Company Founder Stephan Jacob is transitioning into a new chief global/business development officer role.

Perfect Moment Shifts Senior Leadership; Adds Two Canada Goose Execs
New CFO and COO Chath Weerasinghe brings more than 20 years of experience in finance, operations, and leadership within the luxury, retail and consumer goods sectors. Vittorio Giacomelli will be responsible for overseeing product strategy, product development, and innovation.