Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.
Author: SGB Media
Cascade Designs Hires National Sales Manager
Cascade Designs, the parent company of MSR, Therm-a-Rest, Platypus, SealLine, and PackTowl, hired Jaime Buyagawan as national sales manager overseeing its U.S. Outdoor Specialty channel.
RV Retailer Announces Leadership Appointments
RV Retailer, LLC announced it hired Jennifer Robinson as vice president and chief financial officer, Mario Lozada as chief information officer and Shahnaz Broucek as chief leadership coach and culture development officer.
Ammo’s Q1 Sales Expand 37 Percent
Ammo Inc., the owner of GunBroker.com, continued to show strong momentum in both its ammunition and marketplace divisions in the first quarter of Fiscal 2023, as revenue increased 37 percent from the first quarter of Fiscal 2022.
Carhartt Hires Chief Brand Officer
Carhartt announced it hired Susan Hennike as chief brand officer reporting to Linda Hubbard, president and chief operating officer of Carhartt.
Fila Holdings Q2 Earnings Slump On Gross Margin Pressures
Korea-based Fila Holdings Corp. reported earnings declined 15.7 percent in the second quarter ended June 30 despite a 15.0 percent sales gain.
Super Shoes Closes Store In Pennsylvania
Super Shoes has closed its location on Philadelphia Street in Indiana, PA. The chain continues to operate 41 stores in the Northeastern and Mid-Atlantic states as well as Supershoes.com.
Under Armour Named Official Outfitter Of Spire Academy
Spire Academy, located in Geneva, OH, said Under Armour has become the official outfitter of its student-athletes.
Nike Closes Offices For “Well-Being Week”
Nike, Inc., for the second consecutive year, has closed its global corporate office from August 15-19 for “Well-Being Week,” for Nike employees to “relax and recharge.”
Trek Bicycle Appoints VP Of Ascend
Trek Bicycle, based in Waterloo, WI, announced that longtime executive Roger Gierhart will take the helm as vice president of Ascend, the retail management system that Trek sells to independent retailers.
Kohl’s Names Chief Marketing Officer
Kohl’s announced that Christie Raymond was promoted to chief marketing officer, reporting to CEO Michelle Gass.
Ahead Appoints Director Of Strategic Accounts
Ahead announced it hired Jackie Kirkwood as director of strategic accounts. Most recently, Kirkwood was general manager for Ecco Golf USA
Ammo Announces Plan To Separate Ammunition And Marketplace Businesses
Ammo Inc. announces that its Board of Directors has unanimously approved a plan to separate its ammunition and marketplace businesses into two independent publicly-traded companies.
Dillard’s Posts Flat Comps In Second Quarter
Dillard’s, Inc. reported earnings fell 12 percent in the second quarter ended July 30 on flat same-store sales. Earnings in the six months rose 20.5 percent on a 10 percent comp gain.
SoulCycle To Close About A Quarter Of Its Locations
SoulCycle is closing 19 of its 82 studio locations nationwide within the next few weeks, CEO Evelyn Webster announced Friday in a town hall-style Zoom meeting with its employees.
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