Duluth Holdings Inc., doing business as Duluth Trading Company, announced that AJ Sutera had been appointed senior vice president, chief technology officer and logistics, effective August 15, 2022.
Author: SGB Media
Adidas’ Currency-Neutral Sales Climb 4 Percent In Second Quarter
Adidas AG reported second-quarter results that were somewhat ahead of expectations reflecting continued strong momentum in Western markets and a return to growth in Asia-Pacific. However, a slower-than-expected recovery in Greater China led to a significant reduction in guidance for the year. Results were in line with preliminary results issued on July 26.
Sturm, Ruger’s Sales Drop 30 Percent in Second Quarter
Sturm, Ruger & Company, Inc. announced that for the second quarter of 2022, the company reported net sales of $140.7 million against $200.1 million a year ago, representing a decline of 29.7 percent.
Neiman Marcus Appoints President
Neiman Marcus Group announced that Ryan Ross accepted the position as president of Neiman Marcus, effective August 15, reporting to Geoffroy van Raemdonck, CEO, Neiman Marcus Group.
Compass Diversified’s Q2 Sales Climb 19 Percent
Compass Diversified Holdings reported net sales growth of 19 percent in the second quarter drove record quarterly earnings. The conglomerate raised its full-year outlook given the continued strong performance and PrimaLoft acquisition. “The second quarter marks our sixth consecutive quarter of record financial performance, which is a continued testament to the strength of our management […]
Winmark Announces Governance Changes
Winmark Corp. announced that Paul C. Reyelts had informed the company of his decision not to stand for re-election to its Board of Directors at its next annual shareholder’s meeting in April 2023.
Allbirds Undergoes Layoffs
Allbirds, based in San Francisco, has laid off 23 workers, according to SFGATE.com.
MidwayUSA Appoints Director of Merchandising, Shooting
MidwayUSA’s Ryan Cokerham was recently promoted to director of merchandising, shooting.
Solo Stove Launches Smokeless Fire Pit 2.0 Version
Solo Stove launched its Fire Pit 2.0, the first update to its line of smokeless fire pits since it initially debuted in 2016. The major update includes a patented removable fuel grate and ash pan, making it easier to empty the fire pit without picking up and turning over the unit. The new model will […]
Chubbies Introduces Everywear Pant
Chubbies, the weekend-centric men’s apparel brand, launch its first pants collection with its Everywear Pant. A performance casual pant features a soft, lightweight fabric with Chubbies’ built-in 4-way stretch for comfort and range of motion. The pant design “goes everywhere and does anything.” “We’ve built a brand laser-focused on delivering weekend-ready apparel to our customers […]
Outdoor Vitals Introduces Ultra-Light Fortius Trekking Pole Tent
Outdoor Vitals, the Utah-based performance outdoor apparel and gear brand, released its Fortius Trekking Pole Tent. Available in one-person (weighs 1.6lbs) and two-person (2.25lbs)versions, the Fortius is an ultralight tent but storm-worthy, giving more options for pitching when it comes to direction, site selection and reinforcement. “When we set out to design a trekking pole […]
Astral Releases Limited-Edition Layla PFD
Astral released a limited edition of its iconic Layla PFD to acknowledge the dedication of its athletes and employees. Whitewater enthusiasts Nicole Mansfield, Kate Shea and Ollie Smithers designed the equipment reflecting their combined love of the water with the same safety and fit features. Astral CEO and founder Philip Curry and Shirley Shepherd introduced […]
JD Sports Appoints New CEO
JD Sports appointed Régis Schultz as its new CEO. Schultz was president of retail for Dubai-based Al-Futtaim Group since 2019.
NICS Firearms Background Checks Slide 4.5 Percent In July
The July 2022 NSSF-adjusted National Instant Criminal Background Check System (NICS) fell 4.5 percent to 1.23 million compared to the July 2021 NSSF-adjusted NICS figure of 1.28 million.
Under Armour Lowers FY Earnings Guidance On Margin Contraction
Under Armour, Inc. reported first-quarter results that matched profit expectations and slightly topped on revenue. The company maintained its full-year revenue outlook but reduced its earnings outlook amid continued gross margin pressures. On an adjusted basis, EPS is expected in the range of 47-to-53 cents a share compared to the previous expectation of 63-to-68 cents.
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