Orvis, the home and travel dog products, fly-fishing and outdoor apparel retailer, launched its RecoveryZone dog bed. The company was one of the first to commercialize the dog bed in the U.S. in 1977. “We’ve built the best dog bed on the market for maximum rest and recovery,” said Brandon Jorgensen, product designer at Orvis. “We […]
Author: SGB Media
Ebay Investing in Re-Commerce and Authenticity Focus of Younger Consumers
Ebay said revenue was $2.54 billion for the second quarter, up 5 percent on an as-reported basis and up 6 percent on a currency-neutral basis.
Sports Direct Parent Gets Fiscal Year Lift From Acquisitions and Extra Week
The owner of the Sports Direct business in the U.K., and former owner of Bob’s and EMS in the U.S., got a lift from acquisitions and the 53rd week in the fiscal year ended April 30 to post mid-teens revenue growth while nearly doubling profit for the year.
Ammo, Inc. CEO Issues Letter to Shareholders and Employees
Ammo, Inc.’s new CEO outlined three major areas of focus: alignment and commitment from management; expansion of the reach and positioning of GunBroker.com; and enhancing margins, operational prowess, and brand strength for our Ammo division.
Update: Adidas Renews Manchester United Kit Deal Through 2035
The renewed agreement continues the partnership for an additional ten years, or until June 2035, and has a minimum cash guarantee of £900 million, or north of $1.1 billion, subject to certain adjustments.
Fiocchi Hires VP of Sales
Fiocchi, the ammunition maker, hired Chris Tinkle as VP of sales at Fiocchi USA.
Rally House to Open Two Stores in Ohio
Rally House opened two stores in Ohio in Columbus and Akron.
REI to Open Store in Albany
REI signed a ten-year lease at Crossgates Mall in Albany, its first store in New York’s capital region.
Paris Saint-Germain Partners with Lids in Las Vegas
French league football club Paris Saint-Germain (PSG) unveiled a new store in Las Vegas, which Lids will manage. As part of PSG’s long-term partnership with Lids and Fanatics, Lids will oversee operations for the organization’s storefronts.
Canada Goose Expands Generations Resale Program to Canada
The company’s expansion of its resale company comes as the company reported in its ESG Report that it saw a nearly 45 percent year-over-year reduction in carbon footprint by investing in global renewable energy credits.
BRC: Britain Loses 6,000 Storefronts Over Last Five Years
Crippling business rates and the impact of the COVID lockdowns were said to be a key part of decisions for retailers to close stores and think twice about new openings, according to recent analysis by the British Retail Consortium.
Cane Creek Cycling Components Hires Two New Leaders
Cane Creek Cycling Components expanded its internal sales group (ISG), hiring Stephanie Bush as supply chain leader and Lev Weschler as an engineering manager to support riders, bike shops and dealers across the U.S.
Safilo and Fossil Renew Eyewear License Through 2028
Initially offered as a North American ophthalmic exclusive, the Fossil eyewear collection has evolved over time to include sunglasses and expansion outside the U.S.
EXEC: Sebago Parent BasicNet Sees Net Profit Drop in H1; Royalties Decline
Royalties from commercial and productive licensees declined 6.4 percent to €32.7 million. Direct sales grew versus the same period in 2022 partly due to the contribution of K-Way France S.a.s, acquired in April 2022, but corresponding royalties from the French subsidiary decreased.
EXEC: Footwear De-Stocking Hits Factory Sector as Yue Yuen Warns on H1
Call it a reverse trickle-down process as bad news looks to be moving up the supply chain with predictable results. As retailers de-stock inventories and brands follow suit, the backup and subsequent slow-down have hit the manufacturing sector with more ferocity.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal