The Outdoor Industry Association (OIA) Board of Directors named Kent Ebersole as interim executive director during the organization’s search for a permanent executive director, following the resignation of Lise Aangeenbrug earlier this month.
Author: SGB Media
5.11 Tactical Opens 100th Company-Owned Retail Store
5.11 Tactical will celebrate the grand opening of its 100th company-owned retail store in Oxnard, CA on September 17.
Mad Engine Announces Retirement Of Licensing VP
Mad Engine announced that its senior vice president of licensing, Cindy Levitt, is retiring at the end of 2022.
Nike Executive Joins Dutch Bros Board Of Directors
Dutch Bros, Inc. appointed Ann Miller to its Board of Directors. Miller is the executive vice president and chief legal officer of Nike, Inc.
HanesBrands Partners With University of Michigan
HanesBrands and the University of Michigan announced a multiyear extension to its current apparel partnership that gives HBI exclusive rights to design, manufacture and distribute Wolverine fanwear in the mass retail channel.
EXEC: Shoe Carnival Shares Surge As Market Embraces Expanding Margins, Shrugs Off Q2 Miss
The parent company of the Shoe Carnival and Shoe Station retail banners sees profitability continuing to increase as the company’s strategic plans to double operating profit margins versus historical levels “continues to work,” according to management.
Burlington Stores Scale Back EPS Outlook
Burlington Stores Inc. reported earnings in the second quarter topped guidance but reduced its EPS guidance for the year as sales came in below plan.
Athleta’s Comps Slide 8 Percent In Second Quarter
Gap Inc. reported same-store sales at Athleta slumped 8 percent in the second quarter. Gap withdrew its overall guidance for the year.
Matador Speed Stash Adds Convenient Storage To Most Backpacks
Matador Travel Equipment, the producer of performance travel equipment, introduced its Speed Stash, a “universal” backpack strap that attaches to any backpack with a sternum strap, even if unbuckled. “The Speed Stash is one of the most universally useful products we’ve launched yet,” said Chris Clearman, founder and CEO. “It provides quick access to your phone, […]
Arcade Belts Introduces Island Collection
Arcade, a brand founded on the belief that belts “could be designed to function better, last longer and be more comfortable,” introduces the Island Collection, including new styles Hang Loose, Hula Fade, Aloha Deliciosa, and Hawaiian Islands Fade. The new Island styles, and all Arcade performance stretch belts, are made with Repreve, a post-consumer recycled […]
Artilect Introduces Divide Fusion Stretch Hoodie
Artilect, the technical apparel brand, released the Divide Fusion Stretch Hoodie, “which incorporates entirely new materials for performance and sustainability while offering the next level of moisture management and thermoregulation as a standalone product and optimized when used together with other pieces of Artilect’s A/SYS technical apparel system,” said the brand. “With the Divide Fusion […]
Shoe Carnival’s Q2 Sales Slide 6 Percent
Shoe Carnival Inc. reported second-quarter earnings that were below year-ago levels but well ahead of the pre-pandemic 2019 quarter. Sales were down 6 percent year over year. The off-price shoe chain reiterated its EPS guidance for the year.
Hibbett’s Q2 Misses Analyst Estimates
Hibbett Inc. reported second-quarter results that came in below Wall Street’s targets as the chain was impacted by delayed back-to-school sales and high freight costs. Same-store sales declined 9.2 percent in the quarter. The retailer still maintained its EPS guidance for the year.
Peloton’s Quarterly Loss Tops $1.2 Billion As Bike, Treadmill Sales Tumble
Peloton Interactive reported worse-than-feared fourth-quarter results as costs of its restructuring efforts surged while issuing a downbeat outlook for the first quarter.
SFIA Study: Fitness Industry Remains In Flux
The Sports & Fitness Industry Association’s (SFIA) new study, 2022 Tracking the Fitness Movement Report, found that while demand for at-home fitness products diminished from pandemic-driven high watermarks, the business remains strong and reflects a positive long-term outlook. The institutional fitness business, equipment sales and health clubs, which suffered during the pandemic, rebounded in 2021 but, for the most part, is not yet back at 2019 levels.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal