The company has entered into a joint venture with Nibe Defence and Aerospace Limited to advance small arms and ammunition manufacturing operations in India. The Government of India, Ministry of Defence first awarded Sig Sauer a contract for the SIG716 in 2019 for 72,400 rifles.
Author: SGB Media
Kinsey’s, Inc. Fills Two Open Buyer Positions
New buyers include Louie DuChene and London Sasse, both with prior industry experience. They are said to be filling necessary buyer roles in the company.
On Holding Continues Aggressive Growth But Higher Q3 Costs and EPS Miss Worry Street
On saw its highest gross profit margin since its IPO in September 2021, reaching 60.6 percent of net sales in Q3 2024, reportedly driven by growth in the DTC channel and a “continued disciplined approach to full-price sales.”
Nature’s Sunshine Products Taps Deckers CFO for Board of Directors
Since June 2018, Fasching has served as the CFO of Deckers Brands, which includes iconic brands such as Ugg, Hoka and Teva. Fasching has held other senior positions at Deckers since August 2011, including VP, strategy & investor relations and VP, strategic financial planning.
Fleet Feet Appoints New VP of Marketing and Digital
Jonathan Sipling brings over 20 years of experience to the position. Previously, he was Dish Wireless’s chief merchandising officer.
BJ’s Wholesale Club Promotes Two Senior Operations Leaders
Scott Schmadeke, SVP, field and fresh operations, has been named EVP and chief operations officer, effective immediately, and Krystyna Kostka, SVP of operations, has been named chief supply chain officer.
Torque Fitness Promotes Jaime Bugge to Director of National Accounts
As director of national accounts, Bugge will focus on growing Torque’s partnerships with national fitness chains, wellness centers and athletic performance facilities, helping to equip diverse and expanding markets with the company’s equipment.
Skechers Opens New Store on Maui
Skechers continues to support Maui’s recovery efforts following the 2023 wildfires by opening a new store on the island and contributing to grassroots organizations on the front lines of Maui’s recovery following the 2023 fires.
GameAbove Sports Takes Ownership Stake in Brisbane Bullets with NBA Legend
This move marks a milestone for GameAbove Sports, a CapStone Holdings, Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics and contributes to the growth of basketball in Australia and beyond.
Johnnie-O Strengthens Leadership with National Sales Manager for Green Grass
Katie Wiedmar’s role includes spearheading Johnnie-O’s green grass partnerships nationwide, strengthening the brand’s presence in this key sector while driving new opportunities for growth and collaboration.
Mammut Voluntarily Recalls Barryvox 2 And Barryvox S2 Avalanche Transceivers
Mammut identified a potential issue with some of the power switches on its latest avalanche transceivers and voluntarily issued a recall to inspect, and, where applicable, repair or exchange the product for consumers.
Revo Adds Sales Representation for Scandinavian Market
Sporty Outdoor, based in Trysil, will represent the brand’s sunwear and goggles throughout the Scandinavian market (Norway, Sweden, Denmark, and Finland).
Von Maur Department Stores Opens First Pennsylvania Store in Pittsburgh
The retailer has opened its newest location at South Hills Village in the suburbs outside Pittsburgh, PA. The 118,000-square-foot store is the company’s first in Pennsylvania.
KemperSports Bolsters HQ with Regional Sales and Marketing Director
Jennifer Cushman joined KemperSports in 2021 as sales and marketing director at Buffalo Creek Golf Club and the Yacht Club at Chandlers, two KemperSports-managed facilities in Rockwall, TX.
Zappos Re-Opens Outlet Store in Louisville
The 13,000 square foot outlet store first opened in 2019 after it moved from a previous location in Shepherdsville, KY. It closed in 2022 after the online footwear seller reaccessed the business as the pandemic subsided.
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