The roughly 5000-square-foot space on two levels aligns with the company’s expansion strategy, which operates 37 mono-brand stores in North America, Europe, and Asia, including 20 in China.
Author: SGB Media
High Speed Gear Promotes Jay Sheet to Sales Manager
In his new position as sales manager, Sheets oversees sales and customer service at the company’s world headquarters in Swansboro, NC.
Bass Pro Shops to Open Outdoor World location in Lansing, MI
The 85,000-square-foot Outdoor World retail store will be in the Delta Crossing development and is expected to open in early 2026.
EXEC: Stifel BTS Survey Reflects Nike’s Fading Popularity at Store Level
New Balance, Adidas, Asics, and Vans all saw improved responses in the 17th Annual Back-to-School Report as Nike and Jordan “Most Popular” references fell to lowest level since the survey started.
EXEC: BSN Sports Gets A New Parent as KKR Closes Varsity Sports Acquisition
As the new majority owner of Varsity Brands, KKR said it will support the company as it continues to grow its business. KKR said it is making this investment primarily through its North America Fund XIII.
G-Form Inks $3M U.S. Army R&D Deal to Advance Helmet Protection
The latest G-Form OTAp is to fund research and development of a prototype that will improve the blunt impact performance of the US Army’s combat helmets while improving long-duration comfort for soldiers.
RV Shipments Jump 17.5 Percent in July, Led by Towables
Towable RVs, led by conventional travel trailers, ended the month up 21.8 percent from last July with 21,560 shipments.
EXEC: EMS Bankruptcy Bidding Process Cancelled Due to Lack of Bids
According to the Bid Procedures outlined in the bankruptcy proceedings, if no Qualified Bids, other than the Stalking Horse Bid, were received by the bid deadline of August 20, 2024, no auction would be conducted.
Abercrombie & Fitch Elects New Board Director
The global omnichannel specialty retailer of apparel and accessories, elected Andrew Clarke to its Board of Directors, effective August 21, 2024. Clarke is the global president of Mars Snacking, a division of Mars, Inc.
BOA and Primaloft Parent Compass Diversified Appoints New CFO
Effective August 31, 2024, Stephen Keller will assume the role of chief financial officer at Compass Diversified (CODI), succeeding Ryan Faulkingham. Faulkingham, who has served as the company’s CFO since July 2013
Rally House Opens Third Store in Texas
The new Rally House store in Deerbrook Marketplace opened in Humble, TX offering a comprehensive selection of officially licensed apparel paired with the officially licensed team merchandise.
Johnnie-O Welcomes Dave Neville as Senior VP of Marketing
Neville brings over two decades of experience in marketing and brand management, with a career that includes senior roles at Callaway Golf. He has also been at the forefront of digital and social media trends and content marketing, hosting the Callaway Talks YouTube show and The Fitting Room podcast.
EXEC: Zepp Health Corp. Saw Wearable Tech Shipments Fall 66 Percent in Q2
For the third quarter of 2024, the company’s management expects net revenues to be between $45 million and $60 million, representing growth of 18 percent to 59 percent for revenue of self-branded products compared with the second quarter of 2024.
The Buckle Reports Shrinking Q2 Profit as Comps Continue Slide
Comparable store net sales for the second quarter decreased 6.6 percent year-over-year. Online sales decreased 15.2 percent to $37.0 million in Q2, compared to net sales of $43.6 million for the 2023 Q2 period.
EXEC: Globe Intl Sees Fiscal Year Profit Upside as Apparel Grows
North America total segment revenue was A$82.5 million for the fiscal year, compared to A$94.1 million in the prior year. Globe and Impala stabilized after clearing of inventory in FY23; both returned to positive EBIT contribution.
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