Gymshark named Laurent Madelaine as its first chief supply chain officer, overseeing sourcing, supply chain and logistics. He will also be responsible for quality control and the brand’s sustainability strategy, reporting to Gymshark’s CEO and founder Ben Francis.
Author: SGB Media
Norrøna Expands Ambassador Team For 2023
Norrøna added ten athletes to its ambassador team, including Owen Leeper, Mons Røisland, Darcy Conover, Robin Viera and Ren Walkenhorst. Norrøna ambassadors are key to the brand’s extreme user testing process, which involves “over 250 hours of in-field testing for all its products, including beanies.” “Our ambassadors are skiers, snowboarders, mountain bikers, trail runners, and […]
Nordstrom Cuts Outlook After Holiday Sales Slump
Nordstrom, Inc. posted declines in both comparable store sales and net sales for the nine-week Holiday period ended January 1 as promotional environment and tight margins prompt the retailer to lower fiscal year guidance.
Darn Tough Vermont Hires Environmental And Social Responsibility Chief
Darn Tough Vermont hired Kristen Graf as global director, Environmental and Social Responsibility. Graf steps into the role with two decades of developing and overseeing sustainability and equity programs.
USA Cycling Appoints New Board Chair
Cari Higgins has been elected chairwoman of USA Cycling’s board of directors. She was previously vice chair of the board.
RunSignup Posts Growth In 2022
RunSignup reported strong company growth in 2022 and an encouraging sign that the endurance market is strengthening. Compared to 2019, the pre-pandemic baseline, the number of registrations on its platform grew 20 percent while the total transaction dollars jumped 47 percent.
Compass Diversified Authorizes $50 Million Share Repurchase Program
Compass Diversified Holdings said its Board of Directors authorized the repurchase of up to $50 million of its issued and outstanding common shares.
REI To Open Store In Mount Pleasant
REI Co-op is scheduled to open a store in Mount Pleasant, SC on February 17. Located in Indigo Square at 1720 Shoremeade Road, the store measures 21,500 square feet.

Fanatics Extends Partnership With British And Irish Lions Brand
Fanatics and the British & Irish Lions extended its long-term deal for an e-commerce and manufacturing partnership, which will run until 2030 and include the 2025 and 2029 British & Irish Lions Tours.
USTA Hires Chief People & Culture Officer
The USTA hired Henry Lescaille as chief people & culture officer, a new position.
Wolverine World Wide’s Debt Ratings Lowered
S&P Global Ratings downgraded the debt ratings on Wolverine World Wide, Inc., citing the footwear company’s weakened operating performance over the past few quarters.

Outdoor Research Adds SeaTac Pant And Deploy Backpack To Tactical Lineup
Outdoor Research, the designer and U.S. manufacturer of outdoor and tactical apparel and gear with factories in Seattle, WA and El Monte, CA, released its men’s SeaTac Pant and Deploy Backpack at SHOT Show this week. OR Pro engineered the SeaTac Pant, a poly/cotton blend with a “mechanical” stretch that flexes with the body. Features include […]
SkyTrak Hires VP, Business Development
SkyTrak, the maker of indoor gold launch monitors, hired Dave Pauley as vice president of business development.
Powder Valley Names Director Of Marketing
Powder Valley, a supplier of reloading components, ammunition and accessories, based in Winfield, KS, hired Jon Hardin as director of marketing.
Unifi Sees Steep Sales Decline In Fiscal Second Quarter
Unifi, Inc., the maker of Repreve, said it expects to report a 24 percent to 25 percent drop in sales in its fiscal second quarter ended January 1, worse than forecast.