Nautilus’ Q1 Revenues Tumble 70 Percent

Nautilus Inc. reported a steep loss in the fiscal first quarter as sales plunged 70.3 percent year over year. The fitness company said it achieved the upper end of its revenue guidance and beat its adjusted EBITDA guidance while. Direct net sales are up 27 percent vs pre-pandemic Q120 quarter.

Tentree Launches Rehoming Program For Worn Tentree Apparel

Tentree launched its Circularity by Tentree program, allowing customers to resell or recycle their used Tentree clothing through partner programs with Treet and SuperCircle. The program’s goal is for Tentree clothing to stay out of landfills and in circulation either as Tentree products or as new, upcycled clothing. Customers request a free shipping label and send […]

Imports Slowing In Second Half, But 2022 Should See Gain Over 2021

After a record-setting spring, imports are expected to slow down at major U.S. container ports for the remainder of the year, but there will be a net gain over 2021, according to the Monthly Global Port Tracker Report* released by the National Retail Federation and Hackett Associates.

Nautilus Elects Board Chair

Nautilus Inc. announced that current board member Anne Saunders was elected as board chair, effective August 2. The board confirmed the Saunders appointment after its Annual Shareholders meeting last Tuesday. 

Allbirds Slashes Guidance For Year On Softening Consumer Spending

Allbirds reported sales and earnings exceeded guidance in the second quarte,r but the footwear maker reduced its guidance for the year due to weakened consumer trends in the U.S. It also announced a series of Simplification Initiatives focused on automating and expanding its supply chain and streamlining its operating structure.

Fieldsheer To Use King’s Camo Patterns In Temperature-Controlled Apparel

Fieldsheer, a technology company that manufactures temperature-controlled apparel, entered into a partnership with King’s Camo, a designer and manufacturer of terrain-specific camouflage apparel and accessories. Pursuant to the deal, Fieldsheer will use King’s Camo patterns in its Mobile Warming line (Fall 2023) and Cooling lines (Spring 2023) later in Fall 2023. Fieldsheer will debut with […]