Grassroots Outdoor Alliance, the national organization of independent outdoor specialty retailers, recently elected new officers and welcomed three new board members.
Author: SGB Media
Macy’s, Inc. Swings to Q2 Profit But Lowers Guidance on Consumer Caution
Macy’s, Inc. reported it updated its annual outlook to reflect a more discriminating consumer and heightened promotional environment relative to its prior expectations.
The F45 Group Opens First FS8 Studio at MCAS Miramar
The company’s first on-base FS8 Studio will open on Friday, August 23, at Marine Corps Air Station (MCAS) in Miramar, CA. The new studio will join the company’s existing on-base F45 Training studio.
EXEC: Salomon Sees North America Q2 Wholesale Cut into 55 Percent Jump in Global DTC
Amer opened 27 Salomon shops in Q2 in Greater China, bringing the total count for the brand to 136 doors. Wholesale sales declined slightly for the quarter, negatively impacted by slower pre-orders in the North America sporting goods and ski channels, which increasingly relies on replenishment orders.
Nordstrom to Open New Rack Store in Arizona
Nordstrom will open a new 26,000-square-foot Nordstrom Rack store in Surprise, AZ, in fall 2025, in Prasada North, a shopping center with Target and Starbucks owned and managed by SimonCre.
Fleet Feet Adds Key Execs in Store Support, Supply Chain and Business Ops
Amy Diebler joins the company’s store support team as chief financial officer, Mary-Chelsea Banister joins as vice president of supply chain transformation, and Kevin Staudt joins Fleet Feet as vice president of business operations.
EXEC: Arc’Teryx Was Still Firing on All Cylinders in Q2 as DTC Led the Way
Technical Apparel segment growth was fueled by 39 percent DTC expansion, including a 26 percent omni-comp result, which was considered “a great result” as it had to comp against an 80 percent omni-comp last year in the second quarter.
Unified Commerce Group Acquires Greats Brand, Invests in Retailer Böhme
Greats, founded in 2014 in Brooklyn, NY, is known for its direct-to-consumer footwear model. It now becomes the third brand in UCG’s portfolio. The company also reported investing in Utah-based womenswear retailer Böhme, founded in 2006 by Vivien and Fernanda Böhme.
President of the Fashion Institute of Technology to Depart
FIT President Dr. Joyce Brown will step down at the end of the 2024/25 academic school year, concluding nearly 26 years of service to the institution.
ABC Fitness Appoints Chief Marketing Officer
Maggie Lower joins the company executive leadership team reporting to CEO Bill Davis. She leads a staff of over 40 marketers “dedicated to growth and brand-building across ABC Fitness’ platforms.”
Pickleball Kingdom Wisconsin Franchisees Adding Third Location
This will be the third PK club that franchisees Greg Straub and Doug Reigle are bringing to the Badger State, with the other two coming to Menomonee Falls and Madison.
Scott Sports Appoints Co-CEOs and Expands Executive Leadership Team
The company hired Juwon Kim and Pascal Ducrot to new roles as co-CEOs of Scott Sports and added them as members of its executive leadership team
Brunswick Corp. Makes Key Leadership Changes as Navico Group President Departs
Aine Denari, Brenna Preisser, and Will Sangster will reportedly assume their new roles as presidents of their respective divisions immediately. Brett Dibkey, who preceded Denari as president, Navico Group will leave the company at the end of the August after assisting with the transition.
Nike’s Licensee for Kids Apparel, Haddad Brands, Adding Abercrombie Kids to Portfolio
A&F said Haddad Brands, which has the children’s apparel license for Converse, Hurley, Jordan, and Nike in the active lifestyle space, is “uniquely positioned to support the brand’s long-term growth.”
EXEC: GoPro Inc. Cutting 15 Percent of Workforce in Cost-Cutting Effort
The Restructuring Plan would reduce its full-time employees by 15 percent from 925 full-time workers at the end of Q2. Cuts would begin in Q3 2024 and be “substantially completed” by the end of 2024. The layoffs would affect 139 positions.
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