The Dillard’s, Inc,’s board of directors declared a cash dividend of 20 cents per share on the Class A and Class B Common Stock of the company.
Author: SGB Media
VF Prices €1 Billion Of Senior Notes To Fund Sustainable Development Goals
On the heels of a Moody’s Investors Service downgrade in the debt ratings of VF Corporation, the active lifestyle company has priced €500 million aggregate principal amount of unsecured senior notes due 2026
Duluth Trading Sees Retirement Of Board Director
Duluth Holdings, Inc. announced the retirement of Thomas Folliard as a member of its board of directors.
Revolve Group Sees Q4 Markdown Pressures Cut Into Profits
Revolve Group, Inc. reported a steep decline in profits in the fourth quarter due to markdown pressures. Sales for the fashion e-commerce site were up 9 percent. For the year, net income was down 41 percent, while sales grew 24 percent.
Fiocchi Appoints New President For North America Operations
Fiocchi hired shooting industry veteran David Blenker as president and CEO of its North American operations. Blenker replaces Anthony Acitelli, retiring after a three-and-a-half-year tenure in the role.
Fox Factory Sees Q4 Sales Dip In Specialty Sports Group Segment
Fox Factory Holding Corp. reported sales grew 19.4 percent in the fourth quarter ended December 30 as a gain of a 38.5 percent increase in its Powered Vehicles Group segment offset a 1.9 percent decrease in sales in Specialty Sports Group bicycle components segment. The weakness in the Specialty Sports Group was attributed to a return to seasonality.
NSGA Hall of Famer, Augie Nieto, Passes Away
Augie Nieto was one of the most successful innovators in the fitness industry who turned his efforts toward finding a cure for ALS after he was diagnosed with the disease 18 years ago. Nieto, a 2008 Sporting Goods Industry Hall of Fame inductee, passed away on February 22.
Rocky Brands Sees Lower Q4 Sales On Weaker Wholesale Business
Rocky Brands, Inc. reported that fourth quarter net sales decreased 18.0 percent to $138.9 million, compared with $169.5 million in the fourth quarter of 2021. Wholesale segment sales for the fourth quarter decreased 26.6 percent to $98.9 million.
Steve Madden Posts Sharp Drop In Q4 Wholesale Revenues
Steve Madden’s fourth quarter 2022 revenue decreased 18.6 percent to $470.6 million in the period ended December 31, compared to $578.5 million in the prior-year comparable period. Revenue for the wholesale business was $308.8 million, a 24.8 percent decrease.
Adidas Opens First Retail Store In The Bronx
Adidas opened its first retail store in the Bronx today at The Mall at Bay Plaza.
Redding Reloading Names New Sales & Marketing VP
Redding Reloading Equipment hired Dennis Racine as VP of sales and marketing.
Bajío Sunglasses Bolsters Spring 2023 Collection With Eco-Conscious Frames
Bajío Sunglasses, maker of blue-light filtering, sustainably-made sunglasses manufactured to save the world’s saltwater flats and estuaries, added Stiltsville to its spring 2023 collection. Named after the ruins of prohibition-era social clubs in Biscayne Bay, Stiltsville is the newest in Bajio’s Tight Lines family of frames. Bajío sunglasses feature proprietary Lapis lens technology. Stiltsville is a full-wrap […]
Cascade Designs Taps Industry Vet To Lead NAPR Sales And Marketing
Cascade Designs, the parent of MSR, Therm-a-Rest, Platypus, SealLine, PackTowl, and Varilite, hired David Fee as VP of sales and marketing, North America/Pac Rim.
Globe International Sees Double-Digit Sales Declines In Fiscal H1; EBIT Shrinks
Globe International Limited, the Australian company that is home to the Globe, Salty Crew, FXD and Impala Skate brands, among others. reported a decline in sales and profitability for its half-year period ended December 31 as the downturn in the hardgoods market and general macro-economic conditions continued to have an impact on performance.
Skratch Labs Adds New Flavor Of Sport Crispy Rice Cake
Skratch Labs added a new flavor to its Crispy Sport Rice Cake Sport Fuel product line—Salted Maple + Mallow. The product provides “real food energy” powered by crispy rice made with brown rice, wild rice, red rice, and quinoa with 20g of complex carbs. The blend of complex and simple carbohydrates provides 180 calories of […]
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