Gill Fishing, a maker of foul weather and performance fishing apparel, signed Major League Fishing Bass Pro Tour competitor Fletcher Shryock to its pro angler team. Shryock, a veteran angler in his decade-plus professional career, adds another podium threat to Gill Fishing’s roster in 2023. A former professional motocross racer, he began his pro fishing […]
Author: SGB Media
Janji And Oiselle Brands To Merge
Janji, a Boston-based running apparel brand, and Oiselle, a Seattle-based women’s athletic apparel company, have entered into a collaborative partnership through a merger facilitated by Digsbury Ventures.
TJX Sees Holiday Sales Beat Plan
The TJX Companies Inc. reported earnings rose 14 percent in the fourth quarter ended January 28 on a 4 percent same-store gain. Sales came in ahead of guidance while earnings were at the upper end of plan.
Escalade Sports Sees Mid-Teens Q4 Sales Decline On Soft Demand, Higher Inventories
Escalade, Inc. reported fourth quarter revenues net sales decreased 1.8 percent to $72.1 million. Organic sales, excluding acquisition contributions, declined 14.4 percent in the quarter.
Garmin Q4 Revenues Decline 6 Percent On Sharp Decrease In Fitness, Aviation
Garmin Ltd. posted consolidated revenue of $1.31 billion in the fourth quarter ended December 31, a 6 percent decrease compared to the prior-year quarter.
Wolverine Worldwide Forecasts Low-Single-Digit Growth For 2023
Wolverine Worldwide’s fourth-quarter sales grew 8.4 percent as strong double-digit growth at Merrell and Saucony offset a steep decline at Sperry. Overall results were in line with recently-updated guidance. Guidance for the current year calls for margin pressures to continue in the first half of the year to further reduce inventories and low-single-digit growth on a currency-neutral basis for the overall year.
Gildan Activewear Sales Down 8 Percent In Fourth Quarter
Gildan Activewear, Inc. reported net sales declined 8 percent to $720 million for the fourth quarter ended January 1, compared to the prior-year comparable quarter. Activewear sales were down 5 percent to $595 million and sales in the hosiery and underwear category were down 21 percent.
Skratch Labs Releases 200-Calorie Super High-Carb Drink Mix
Skratch Labs released its 200-calorie Super High-Carb Drink Mix in packet form, formerly Sport Superfuel Drink Mix. The 53g packet is available in Lemon + Lime. Super High-Carb Drink Mix provides concentrated liquid energy for flexibility and better digestion during workouts or when racing. The 200-calorie packet is designed for ease of use and sampling […]
Report: Wilson Golf President Exits
Tim Clarke, president of Wilson Golf since 2007, has stepped down, according to mygolfspy.com. Global R&D director Bob Thurman has reportedly become interim golf general manager.
Foot Locker Names Interim CFO
Foot Locker, in a regulatory filing, stated that Robert Higginbotham had been appointed interim chief financial officer, effective March 1, in addition to his current role as senior vice president, investor relations, and financial planning & analysis.
Sympatex Names Chief Sales And Marketing Officer
Sympatex Technologies, a manufacturer of membranes, laminates and textiles used in outdoor apparel and footwear, promoted Kim Scholze to chief sales and marketing officer and its board.
Nike Asks City Of Portland For Police Security To Reopen Community Store
Nike’s Community Store in Northeast Portland has been closed for weeks because of thefts. The company has offered to contract with, and pay off-duty uniformed Portland Police Bureau officers, in order to reopen the store.
Adidas’ Debt Ratings Downgraded By S&P
S&P Global Ratings followed Moody’s in downgrading the debt ratings of Adidas due to the company’s downward revision of guidance largely tied to the end of its partnership with Kanye West.
LIVSN Designs Releases Ecotrek Trail Shorts For Men And Women
LIVSN Designs released its Ecotrek Trail Shorts, made of the same recycled, technical fabric used to manufacture its Ecotrek Trail Pants. The shorts are water-resistant, wick moisture and are quick-drying. The proprietary fabric used to make the brand’s Ecotrek pants, Blue Ocean Nylon, uses a synthetic nylon thread made from 70 percent ocean waste (buoys […]
Original Penguin Adds Tennis Pro Mackenzie McDonald As Brand Ambassador
Original Penguin by Munsingwear, a division of Perry Ellis International, signed Mackenzie McDonald as a tennis brand ambassador. “We are thrilled to have Mackie join the Original Penguin team as a tennis brand ambassador,” said Oscar Feldenkreis, CEO of Perry Ellis International. “Mackie is a talented player in the prime of his career. We are […]
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