Fiscal first-quarter net sales increased 4.9 percent to $384 million. The sales performance was said to benefit from new stores opening during the past 12 months, partially offset by a consolidated same-store sales decline of 2.9 percent.
Author: SGB Media
Vimazi Expands Distribution In Australia and New Zealand
Vimazi, the maker of pace-tuned running shoes, partnered and Simon Bartold to be the exclusive distributor for the brand in Australia and New Zealand.
Johnson Outdoors Sees Fiscal Q3 Sales Decline as Camping and Watercraft Contract
Total company net sales in the third quarter ended June 30 declined 8 percent to $187.0 million compared to $203.8 million in the prior-year third fiscal quarter. Net income improved for the period year-over-year.
NSSF-Adjusted NICS Background Checks Slide Again in July
The National Shooting Sports Foundation (NSSF) is reporting that the July 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure decreased 17.0 percent year-over-year to 1,023,903 checks.
Boot Barn Posts Mid-Singles Q1 Sales Growth Despite Comp Store Decline
The increase in net sales was said to be the result of the incremental sales from new stores opened over the past twelve months and higher average unit retail prices, driven in part by inflation, partially offset by a decrease in consolidated same-store sales.
Revolve Group’s Q2 Sales Slide 6 Percent
Revolve Group Inc.’s profits declined 55 percent in the second quarter ended June 30 as sales decreased 6 percent. The decline was attributed to a weakening in discretionary spending among its targeted Millennial and Generation Z customer base.
Compass Diversified Gets Q2 Lift from Primaloft Addition
The 2 percent increase in Q2 was said to be primarily due to the acquisition of PrimaLoft, the strong performance at Lugano and Marucci, partially offset by lower sales at BOA and lower sales at Velocity in the second quarter of 2023.
Krimson Klover Hires New Director of Sales
Krimson Klover hired Phebe Rosenthal as director of sales. She joins the company from Indosole, where she worked for the last few years, and, most recently, as general manager of its North American business.
B. Riley Financial Retained in Salamander Restructuring Effort
GA Europe, a subsidiary of B. Riley Retail Solutions, is assisting with the optimization of Salamander’s store footprint in Germany, Hungary and Austria. Salamander is a manufacturer and retailer of footwear with inventory across a wide selection of shoes.
Farfetch Limited Hires New CFO as Elliot Jordan Departs
Farfetch Limited hired Tim Stone as chief financial officer, effective September 1, succeeding Elliot Jordan, whose departure was announced by the company in February.
Gatorz Eyewear Launches Blastshield
Gatorz Eyewear, a maker of eyewear focused on the sport shooting, hunting and outdoor industries, launched the Blastshield to protect the eyes during high-intensity training and other tactical applications. Key features and benefits include interchangeable lenses, visual acuity, impact resistance, and lightweight, with an anti-fog coating. The user can transition from indoors/outdoors, day/night, changing weather […]
Survey: America’s Best Retailers 2023 Recognizes Active-Lifestyle Chains
Bass Pro, Golf Galaxy, Puma, and L.L. Bean were among the active lifestyle retailers that Newsweek honored in its 2023 America’s Best Retailers based on a consumer survey it conducted with Statista.
Golftec Opens Location in North Miami
Golftec opened a new 2,500-square-foot instruction and club fitting center in North Miami Beach, FL.
EXEC: Rocky Brands Sees Brand Momentum Build After Tough Start to Q2
Notwithstanding the slow start, at-once orders reportedly improved month-over-month as the quarter progressed and the trend continued into July, providing a good start to the third quarter creating optimism that channel inventories are getting properly aligned with demand.
Steve Madden’s Q2 Sales Drop 17 Percent
Steven Madden, Ltd. reported earnings slid 28.9 percent in the second quarter ended June 30 as sales fell 16.8 percent on reduced wholesale revenues. Results were in line with expectations and the trendy footwear manufacturer maintained its outlook for the year.
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