Peloton announced the national expansion of its rental program, which kicked off in select test markets earlier this year.
Author: SGB Media
Phoenix Footwear Group Delivers 3 Percent Revenue Gain In Q2
Phoenix Footwear Group Inc., the parent of the Trotters, SoftWalk and Bueno footwear brands, reported sales of $4.4 million in the second quarter ended July 2, up 3 percent from $4.3 million in the second quarter of 2021.
Yue Yuen’s Sales Surge 61 Percent In August
Yue Yuen Industrial (Holdings) Limited reported sales in the month of August rose 61.0 percent to $774.7 million from $481.2 million a year ago.
How OrthoLite’s Vertical Integration Structure Is Paying Off For Footwear Brands
Sponsored Content—”OrthoLite is coming off of two back-to-back, record-setting years. Thanks to a vertically-integrated organizational structure, which the company initiated in 2007, OrthoLite has reliably provided over 400 brand partners with uninterrupted, on-time deliveries.”
Olympia Sports Files For Bankruptcy Protection To Liquidate Remaining Stores
Maine-based Olympia Sports Acquisitions, LLC filed for Chapter 11 protection with plans to liquidate its remaining 35 stores, citing poor sales, online competition and residual problems from the COVID-19 pandemic.
The North Face Releases Third Installment Of Gucci Collaboration
The North Face and Gucci rolled out the third chapter of their ongoing collaboration for Fall/Winter based on designs from TNF archives mixed with Gucci’s bright colors. The ready-to-wear collection features TNF heritage styles, including its goose-feather down Sierra Parka, Down Vest, Windjammer, and a collection of equipment and accessories. The outerwear silhouettes are archival […]
Federal Ammunition Breaks Ground On Raw Materials Warehouse Construction Project
Federal Ammunition, a Vista Outdoor, Inc. brand, broke ground on a 100,000-square-foot warehouse expansion located in the Eastern part of Federal’s property in the city limits of Coon Rapids, MN.
Thule Warns Of Bike Market Inventory Imbalance
Thule Group said excessive inventory levels in the cycling channel have worsened in recent months and would impact sales and profitability in the second half of the year.
Drive Shack Opens Puttery Location In Houston
Drive Shack, Inc. has opened the Puttery in Houston, TX.
Hudson’s Bay Appoints President
Hudson’s Bay announced that Wayne Drummond is retiring from the company, and it hired Sophia Hwang-Judiesch as president, effective September 19, 2022.
Headrest Safe Company Hires CEO
The Headrest Safe Company, LLC has hired Irving Meisler as chief executive officer. He is the founder of the company.
Peloton’s Co-Founders Step Down From Board
Peloton Interactive, Inc. said it had accepted the resignations of John Foley as Executive Chair and Hisao Kushi as Chief Legal Officer, effective September 12, 2022, and October 3, 2022, respectively. The Board elected Karen Boone as Chairperson.
Blackcrows Reintroduces The Mirus Cor
Black crows, the French ski products and apparel brand, reintroduced the Mirus Cor, a ski built for fast turns and freestyle carving in various terrain. Built with a fairly long rocker and split tail, the Mirus Cor allows skiers to play with shorter curve radiuses, either on the piste or hunting for side hits. It […]
MidwayUSA Appoints VP E-Commerce
MidwayUSA recently promoted Adam Augustine to vice president of e-commerce.
Newell Brands’s Debt Ratings Outlook Lowered
S&P Global Ratings revised its debt ratings outlook on Newell Brands Inc. to negative from stable. The revision follows Newell’s move to lower its earnings and cash flow guidance significantly for the remainder of the year because of weak macroeconomic conditions, volume declines due to orders pullback from key customers, and continued inflationary pressures.
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