Duluth Holdings Inc., the parent of Duluth Trading company, reported earnings declined 57.5 percent in the fourth quarter as sales fell 10.7 percent.
Author: SGB Media
Solo Brands, Inc.’s Q4 Wholesale Sales Surge Nearly 200 Percent While DTC Slips
Solo Brands, Inc., parent company of the Solo Stove, Chubbies, Oru Kayak, and Isle brands, saw net sales increase 11.8 percent to $197.2 million in the fourth quarter ended December 31, compared to $176.5 million in the fourth quarter of 2021.
Adidas Terrex Launches Hiking Shoe Made For The Female Foot
“With four in ten (43 percent) of women starting to hike during the pandemic,* Adidas Terrex is driven to develop products specifically designed for this growing community,” said the brand in a release. To address the demographic, Adidas launched the Terrex WMN Hiker Mid Rain.Rdy, a hiking shoe developed for the female anatomy. The design was “informed […]
Genesco Posts Flat Q4 Sales On Journeys Dip, FX Impact, Weaker Wholesale Sales
Genesco, Inc. reported earnings on an adjusted basis fell 24.4 percent in the fourth quarter due to the return of a more normalized promotional environment as well as increased freight and warehouse costs. Same-store sales were up 5 percent as double-digit growth at Schuh and Johnson & Murphy offset a 1 percent dip at Journeys.
Land Energy Announces Hires And Promotions
Cleveland, OH-based Land Energy, the Light Electric Vehicle (LEV) manufacturer, announced staff additions and promotions, including Evan Painter, named brand director; Ladd Forde was promoted to director of photography; Steve Westover joined the company as an adviser; and Chris Davis was hired as production manager.
Bushmaster Adds Director Of Sales
Bushmaster hired Bill Gentry as director of sales. The company said that Gentry brings 17 years of industry knowledge and experience and has been a passionate defender of the Second Amendment his entire carrier.
Puma Appoints New GM For Sportstyle Business Unit
Puma hired Lionel Telega as general manager of the brand’s Sportstyle business effective immediately. Telega has been with the company since 2004 and, most recently, was the global director of go-to-market.
ASA Report: Economic Contributions Of Recreational Fishing
The American Sportfishing Association (ASA) released its 2023 Economic Contributions of Recreational Fishing: U.S. Congressional Districts Report, an update to the data collected by the ASA in partnership with Southwick Associates.
Enduro Bearings Expands Distribution In Canada, Central America
Enduro Bearings reported a multi-year distribution agreement with Orange Sport Supply in Canada and Grupo GL in Central America.
Harvest Hosts To Acquire Brit Stops U.K. Motorhome Hosting Service
Harvest Hosts, a membership program that gives RVers access to RV camping options, is acquiring Brit Stops, a company that connects motorhome tourists in the U.K. with a network of small businesses and farms where they can stay overnight free while patronizing the local businesses.
Dick’s SG Inks Deal As NCAA Official Sporting Goods Retail Partner
Dick’s Sporting Goods entered into a corporate partnership making the company the official sporting goods retail partner of the NCAA, which includes all 90 men’s and women’s championships.
Birkenstock Hires CFO
Birkenstock named Dr. Erik Massmann as chief financial officer, effective immediately. He succeeds Rob Hull, who has taken on new responsibilities outside the company.
Active Sport Recalling CTRL Imperial Wakeboard Bindings
Active Sport, LLC, in cooperation with the U.S. U.S. Consumer Product Safety Commission is recalling certain CTRL Imperial Wakeboard Bindings sold at The House in St. Paul, MN and online at the-house.com, DJ’s Boardshop on Amazon Marketplace and on Amazon.com and eBay.com.
NSSF: Firearm And Ammo Vendors Have Contributed Over $25 Billion To Conservation Fund
NSSF, The Firearm Industry Trade Association, is celebrating the U.S. Fish and Wildlife Service’s recent announcement that $1.6 billion is being apportioned to state conservation and wildlife access programs, driven mostly by firearm and ammunition manufacturers.
NRF Sees Imports Climbing Slowly But Still Trailing 2022 Levels Through Mid-Summer
Import cargo volume at the nation’s major container ports is expected to begin slowly climbing again this month after February saw one of the lowest levels since the beginning of the pandemic, according to the recent Global Port Tracker report released by the National Retail Federation and Hackett Associates.
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