Taiwan’s Pou Chen, the world’s largest maker of branded athletic footwear, has announced layoffs for 5,744 workers at factories in Vietnam, according to multiple reports.
Author: SGB Media
Boot Barn’s Q4 Same-Store Sales Drop 5.5 Percent
Boot Barn Holdings, Inc. reported sales fell steeper than expected in the fiscal fourth quarter ended April 1, but earnings rose slightly and topped guidance.
Costa Sunglasses Gears Up For 40th Anniversary
Born on the water in 1983, Costa Sunglasses is celebrating 40 years of making sunglasses and protecting the seas worldwide. “With 40 years of adventures, Costa’s history books are filled with unbelievable moments worth celebrating. We’ve come a long way since 1983—bearing witness to 40 years of product innovation, working just as hard to protect the […]
Stance Names New President
Stance, the sock brand, named David Tichiaz as president. He had been at Vans for nearly 17 years, with his last role as VP and general manager of the Americas.
EXEC: Yonex Fiscal Year Sales Jump On Yen Depreciation, Strong Post-COVID Demand
Yonex Co., Ltd. reported fiscal 2023 global net sales increased 43.7 percent year-over-year to ¥107.0 billion ($806.0 million), reflecting strong demand in all regions and despite concerns over inflation, economic slowdown and geopolitical risks. Earnings per share increased 27.1 percent to 84.05 yen for fiscal 2023.
Wahoo Fitness Wipes Debt Line Clean With Recap
Wahoo Fitness reported it had eliminated all its debt with a recapitalization led by founder Chip Hawkins. Terms were not disclosed.
Golftec Relocates San Diego Center
Golftec relocated its instruction and club fitting center in San Diego.
EoS Fitness Opens Latest Florida Location In Tampa Bay Market
The latest EoS Fitness location will open in Lutz, FL, expanding the company’s footprint in the Tampa Bay area, where EoS has five of its eight Florida locations open.
KÜHL Opens First Jackson Hole Store Location
KÜHL is opening its first retail store in Jackson Hole, WY on Friday, May 19. Located in the heart of town, this marks the launch of KÜHL’s fourth retail location in the U.S.
Teton Gravity Research To Open Pop-Up Retail Shop In Park City
Teton Gravity Research will open a pop-up retail shop in Park City, UT, over the Memorial Day weekend, marking the company’s latest move to expand its retail footprint.
BSN Sports Extends Partnership With The University Of Cincinnati
The University of Cincinnati Athletics Department announced an apparel agreement with BSN Sports. Within the deal, Cincinnati has elected to equip its programs with Jordan Brand and Nike products. The Bearcats were slated to wear Under Armour through 2024.
JD Posts 12 Percent Organic Growth In Fiscal 2023; U.S. Business Lagged
JD Sports Fashion Plc, parent company of the JD, Finish Line, Shoe Palace and DTLR retail nameplates in the U.S., along with many others across Europe, reported total revenue increased 12 percent in fiscal 2022 but North America sales rose just 5 percent for the period.
Five Iron Golf Launches Franchising Program
Five Iron Golf, with 18 locations across the U.S., has introduced its franchising program.
Fabletics Opens Store At University of Southern California
Fabletics opened its first on-campus retail store at the University of Southern California.
Rally House Partners With K-State Athletics
Rally House partnered with K-State Athletics to operate the University’s in-venue and online stores.
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