Big 5 Sporting Goods Corp. reported a sharp decline in earnings in the first quarter ended April 1 on a 7.1 percent same-store decline with cold weather slowing the start of spring selling. Earnings came in line with guidance due to tight expense controls. Big 5 predicted another steep decline in the second quarter with comps expected to be down in the high single-digit range.
Author: SGB Media
White Duck Outdoor Partners With Tractor Supply
White Duck Outdoors reported that Tractor Supply now carries its product line of all-season canvas tents, duffel bags, log carriers, dog beds, tarps, and apparel. White Duck Outdoors manufactures many of its products using sustainable practices and materials, including cotton approved by the Better Cotton Initiative for its proprietary DynaDuckfabric, PFC-free treatments and recycled synthetic […]
Mountain Equipment Company Launches Technical Backpacks For Spring 2023
Mountain Equipment Company (MEC) launched seven technical backpacks for Spring 2023. For going fast and light, the Serratus Pace UL 25 and 40 is an ultralight pack made for hikers and runners who want to tick off mileage efficiently. The Vista 45L and 70L backpack makes carrying heavy loads comfortable for multi-day adventures and adventure travel. The Zephyr 45L and 60L packs […]
Darn Tough Adds Knitting Machines At Waterbury Plant, Increases Production
Darn Tough Vermont reported increasing its knitting capacity by adding 22 new knitting machines on the floor of its 30,000-square-foot mill in Waterbury. In response to increased product demand, Darn Tough said it is scaling while “maintaining their commitment to American-made socks, still manufactured in Vermont.” “Since we opened our second mill (Waterbury), we have […]
Francesca’s Acquires Los Angeles Lifestyle Brand Richer Poorer
Francesca’s Acquisition, LLC, the parent of Francesca’s and Franki by Francesca’s women’s and girls apparel chains, reported the asset purchase of California-based wardrobe essentials brand Richer Poorer.
Tifosi Optics Adds Versatility To Endurance Line With Rivet
Tifosi Optics, celebrating 20 years as a sport and lifestyle eyewear brand manufacturer, released the latest style in its endurance lineup—the Rivet. While Rivet is associated with Tifosi’s endurance sunglass line, its frame “suggests otherwise.” Rivet’s half-frame design, constructed of Grilamid TR-90, increases airflow to prevent fogging while reducing weight. At 28g, the Rivet is […]
5.11 Tactical Announces New Skyweight Collection
5.11, Inc. released its Skyweight Collection of packs and gear designed for “lightweight modularity and custom fitting to offer a full range of load-bearing solutions and products for outdoor adventurers, lightweight enthusiasts and everyday carry.” “Packs and load-bearing gear have always been among our most popular and requested items,” said 5.11’s CEO, Francisco Morales. “We’ve […]
Tifosi Optics Hires New Sales Director
Tifosi Optics hired Rick Dyer as director of sales. Dyer, a cycling industry veteran, will bolster existing company partnerships and expand the brand’s presence in other key markets.
Oura Ring Parent Forms Medical Advisory Board
Ōura, the parent company of the Oura Ring fitness wearable, reported that the company formed a medical advisory board consisting of Dr. Kiarra King, Dr. Rebecca Robbins, Dr. Christine Noa Sterling, and Dr. Matthew Walker, with plans to add new members in the coming months.
END. Names Chief Buying And Merchandising Officer
END., the Newcastle, London-based luxury, streetwear and sportswear retailer, hired Lea Cranfield, formerly at Yoox Net-A-Porter Group (YNAP), as chief buying and merchandising officer.
Tiger Woods, TaylorMade-Backed PopStroke To Open Four Locations
PopStroke Entertainment Group, the golf entertainment concept owned by Greg Bartoli, Tiger Woods’ TGR Ventures and TaylorMade Golf Co., announced plans to add four locations in 2023 and begin construction on more venues with opening dates in 2024.
Therabody Names Chief Financial Officer
Therabody hired Jim Allwein as chief financial officer. He brings over 25 years of experience in financial management to the role.
B. Riley Securities Adds Three Key Hires Covering Retail And Outdoor/Active Lifestyle
B. Riley Securities, a middle market investment bank and a subsidiary of B. Riley Financial, reported it made strategic hires across Consumer Industries.
Hyperice Names Nike Veteran To Head Marketing
Hyperice hired Andy Miguel, who spent nearly two decades with Nike, as head of marketing, leading its go-to-market global strategy, partnerships, digital marketing, retail activations, brand experiences, public relations, media, brand, and content strategy.
Nautilus Sells Nautilus Brand Trademark
Nautilus, Inc. completed the sale of non-core assets, including the Nautilus brand trademark assets and related licenses, for approximately $13 million in cash as part of an ongoing strategic review. The company, which makes Bowflex and Schwinn fitness equipment, also reported preliminary results for the fourth quarter that topped recent guidance.
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