Carhartt hired Chad Cornstubble as senior vice president of direct-to-consumer. He officially joined the workwear brand on May 2 and reports to Linda Hubbard, president and chief operating officer, Carhartt.
Author: SGB Media
Designer Brands Debuts “Warehouse Reimagined” Store Concept
Designer Brands Inc., parent of shoe retailer DSW Designer Shoe Warehouse, has unveiled its new “Warehouse Reimagined” retail store format that elevates the company’s Owned Brands and product selections through shop-in-shops, full family offerings and head-to-toe lifestyle imagery.
Jelenew Appoints Creative Director
American women’s cycling brand Jelenew appointed ex-Chanel designer Di Liu as its creative director.
Har-Tru Buys Ball Machine Company Lobster Sports
Har-Tru, LLC, based in Charlottesville, VA, has acquired Lobster Sports, Inc, the supplier of portable, pickleball and tennis ball machines.
U.S. Ports Set New Record For Imports
Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in merchandise ahead of rising costs and further supply chain issues, according to the monthly Global Port Tracker report released by the National Retail Federation.
Amer Sports Completes Suunto Transaction
Amer Sports and Liesheng have completed the transaction in which Amer Sports divests Suunto to Liesheng, the Chinese technology brand.
Peloton Reports Q3 Sales Slump Of 24 Percent
Peloton reported a wider-than-expected loss in the fiscal third quarter ended March 31 amid a steep decline in sales. The connected fitness equipment maker also offered up a weak sales outlook for the fourth quarter, citing softer demand.
Adidas Introduces Yoga Make Space Collection
Adidas has entered the Yoga market with its “consciously crafted” collection inspired by elements that “aim to support through every move and practice, with apparel for women, men and kids.” Timed with the release, Adidas created a campaign to “celebrate what brings different people to the mat, no matter their background, ability or reason to […]
The Athlete’s Foot Acquires Asphaltgold
The Athlete’s Foot has acquired Asphaltgold, the European-based online streetwear shop.
Rally House Adds Stores In Illinois, Michigan And Indiana
Rally House announced the opening of stores in Skokie, IL; Taylor, MI; and South Bend, IN.
Endura Appoints Brand Director As Founder And Director Step Back
Jim McFarlane, the founder of the cycling apparel brand Endura, and director, Pamela Barclay, announced plans to step back from the day-to-day management of the business. Noah Bernard has been appointed brand director and will lead the company.
Obit: B.A.S.S. Founder Ray Scott, Father Of Modern Bass Fishing
Ray Scott, considered the Father of Modern Bass Fishing, passed away on May 8. He was was 88 years old.
Beachbody’s Q1 Sales Decline 12 Percent
The Beachbody Company, Inc., the subscription health and wellness company, reported a wider loss in Q1 ended March 31 as sales declined 12 percent.
Clarus’ Q1 Sales Climb 50 Percent On Acquisitions
Clarus Corporation reported sales jumped 50 percent in the first quarter, which ended March 31, largely due to the acquisitions of Rhino-Rack and MaxTrax. Sales on a proforma basis grew 6 percent. Sales of the Outdoor segment, led by Black Diamond, were impacted by logistics challenges.
Wahoo Fitness’ Debt Ratings Downgraded
Wahoo Fitness’ debt ratings were downgraded by Moody’s and S&P Global Ratings due to weaker than expected demand and intense price competition in the at-home fitness space.
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