Lululemon Athletica, Inc. raised its outlook as sales and earnings in the second quarter easily topped the company’s guidance. Lululemon’s earnings on an adjusted basis grew 33 percent as a comp gain of 23 percent offset gross margin pressures.
Author: SGB Media
Prana Hires VP Of Marketing From Nike
Prana, a subsidiary of Columbia Sportswear, hired Brianna Showell as vice president of marketing.
Clarus Issues Statement On Recent Stock Volatility
Clarus Corporation released a statement acknowledging the recent market volatility in the trading of shares of its common stock and related derivatives as well as the unauthorized purchases of common stock by Parallax Volatility Advisers.
New Balance Appoints Global Director Of International Marketing
New Balance hired Romina Bongiovanni as global director of international marketing. She replaces Tim Malone, who joined Crocs as VP of global integrated marketing in May.
ABC Fitness Solutions Completes Acquisition Of Glofox
ABC Fitness Solutions (ABC), a provider of software and related services for fitness chains, completed its acquisition of Glofox, a business unit servicing the boutique gym and studio sector within ABC.
Rapala Warns Of Profit Drop As Fishing Market Softens
Rapala VMC Corp., the manufacturer of fishing lures and other fishing-related products based in Helsinki, updated its full outlook for the year and now expects operating profits to decline “significantly below” previous year levels.
Full Stack Supply Co. And Brands Receive B Corp. Certification
Full Stack Supply Co. (FSSC) and its three brands, Faction Skis, FW Apparel, and United Shapes, are B Corp. Certified, having met high social and environmental performance standards, transparency and accountability. The “B” in B Corp stands for “Benefit for All,” emphasizing five central stakeholders: workers, customers, suppliers, community, and the environment. To become B […]
The Buckle’s Comps Increase 4.6 Percent
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 27, 2022 increased 4.6 percent.
Unifi Appoints Board Member
Unifi Inc., makers of Repreve, announced the election of Frank Blake to the company’s Board of Directors, effective September 5.
Otis Technology Announces Sales Team Promotions
Otis Technology, the maker of gun cleaning systems, announced several promotions within the sales organization.
Solo Stove Launches Mesa Tabletop Fire Pit
Solo Stove launched Mesa, the smallest addition to its fire pit collection. Similar to the rest of Solo Stove’s fire pits, Mesa ignites within minutes due to Signature 360° Airflow. The equipment has dual fuel capability and can run off either pellets (with the included pellet adapter) or traditional wood. The company recommends that […]
Duluth Trading’s Revenues Slide 5 Percent In Second Quarter
Duluth Trading Company reported sales were down 5 percent in the second quarter ended July 31. Earnings and sales came in short of analyst targets and Duluth lowered its guidance for the year.
Genesco Reduces Outlook Despite Q2 EPS Exceeding Expectations
Genesco, Inc. reported second-quarter earnings that came in well above analyst expectations but reduced its guidance for the year as sales at Journeys slowed toward the end of the quarter and into August, as well as due to inflationary concerns.
Solo Stove Introduces Pi Supply
Solo Stove launched “restaurant-quality” pizza ingredients to complement its tools and accessories line. Aptly named “Pi Supply,” these ingredients work with Solo Stove’s Pi Pizza Oven, launched earlier in 2022. “The creation of our Pi Supply line was driven by two key underlying themes: making pizza night easy and convenient for everyone and providing the […]
Frye And Tretorn Secure Sportswear License Partners
NYC Alliance announced a partnership with Authentic Brands Group (ABG) to design, produce and distribute men’s and women’s sportswear for Frye and Tretorn.
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