Chaco Footwear, the maker of the Z/Sandal, collaborated with Outdoor Voices, the outdoor recreation brand, to create a Z/1 “fun sandal” for summer 2023. “We’re always looking to partner with brands that share our mission to get the world moving,” said Gabrielle Conforti, CEO of Outdoor Voices. “Together with Chaco, we’ve created the ultimate sandal […]
Author: SGB Media
Peloton Will Attempt to Reintroduce Itself To Anyone, Anywhere
Peloton is attempting to shed its original branding as a marketer of high-end fitness bikes sold directly to consumers to rebrand itself to reflect everything Peloton has to offer to everyone, at any level, wherever they are.
Urban Outfitters Q1 Profits Jump On Strength At Free People And Anthropologie
Urban Outfitters, Inc.’s profits vaulted 67.6 percent in the first quarter on a 5.9 percent revenue gain and significantly improved gross margins. Healthy double-digit retail gains at Free People and Anthropologie offset declines at Urban Outfitters’ retail business and at wholesale channels.
Nautilus Sales Fall 43 Percent In Fiscal Q4; Posts Wider Net Loss
Nautilus, Inc. reported fiscal fourth quarter net sales were $68.4 million in the period ended March 31, 2023, a decline of 42.9 percent versus the prior-year comparable period. Direct segment sales declined 30.4 percent and Retail segment sales fell 55.4 percent in the quarter.
VF’s Fiscal Q4 Revenues Dragged Down By Vans And Americas Region Declines
VF Corp. reported sales were down 3 percent in the fiscal fourth quarter ended April 1, dragged down by a 14 percent decline at Vans and a 7 percent overall decline in the Americas region. The North Face’s sales grew 12 percent globally. Earnings were down 62 percent on an adjusted basis but in line with guidance.
DU/ER Hires Vice President Of Global Sales
Canadian performance apparel brand DU/ER hired Burt Damsky as VP of global sales. Based out of the company’s New York City showroom, Damsky will oversee the strategic growth of the brand’s global wholesale network.
Hydrow Appoints New Company President
Hydrow, the connected rowing brand, announced the promotion of its CFO John Stellato to president, effective immediately.
Fanatics Buys PWCC To Enter Collectibles Auction Space
Fanatics Collectibles reported it acquired the PWCC Marketplace, the largest sports card, memorabilia and collectibles auction houses. Terms were not disclosed.
Report: 2022 European Health Club Memberships Nearly Back To 2019 Levels
According to a report from EuropeActive and Deloitte, European fitness club memberships increased by roughly seven million members, or 12.3 percent, from 56.2 million in 2021 to 63.1 million by year-end 2022, just slightly short of the pre-COVID year level in 2019.
NMMA: Recreational Boating’s Economic Impact Soars To $230 Billion
NMMA released new data that found that the annual economic impact of recreational boating increased 36 percent, from $170 billion in 2018 to $230 billion in 2023.
RVIA: 44 Million Americans Plan To Go RVing This Summer
The RV Industry Association reported in a recent survey of America’s leisure travelers that 44 million consumers plan to RV this summer, including 12 million who said they plan to RV this Memorial Day weekend.
MEC To Expand Presence In Canadian Maritimes Region
Canadian outdoor retailer, Mountain Equipment Company, is set to expand its retail footprint by opening a new standalone store in the Maritimes this August.
Johnson Outdoors Appoints Board Director
Johnson Outdoors, Inc. appointed Jeffrey M. Stutz as an independent director to the company’s Board of Directors effective May 23, 2023.
Adidas x Sean Wotherspoon Drop Orketro In Off- White
Adidas x Sean Wotherspoon dropped an off-white colorway of the Orketro as a follow-up to the brand’s multi-colorway collab with Wotherspoon shown below. Using the same paneling, the off-white Orketro, shown above, features heavy canvas uppers with distressed flame detailing that runs from the toe box to the heel cup. Adidas’ three-stripe logo is shown […]
Citi Trends Posts Q1 Loss As Comps Fall 14.1 Percent
Citi Trends, Inc. reported fiscal first quarter sales decreased 13.7 percent to $179.7 million compared to the year-ago quarter, in line with guidance. Comparable store sales decreased 14.1 percent compared to Q1 2022.
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