Geartrade rewards sellers and buyers with a loyalty program with higher payouts, rewards and discounts. All sellers will have access to prepaid shipping labels to print at home as part of the program. Launched on March 9, its Valley, River and Peak loyalty tiers offer different levels of rewards based on a user’s buying and […]
Author: SGB Media
Shoe Carnival Reports Record Fourth Quarter And 2021 Results
Shoe Carnival reported fourth-quarter earnings more than doubled as revenues improved 23.4 percent to $313.4 million. Earnings reached $20.6 million, or 72 cents a share, against $7.4 million, or 26 cents, a year ago. The footwear off-pricer expects fiscal year 2022 net sales to increase 4 to 7 percent on top of the 36.2 percent net sales growth achieved during fiscal 2021.
Yue Yuen Returns To Profitability In 2021
Yue Yuen reported net income attributable to owners of the company of $115.1 million compared to a loss of $90.8 million for the previous year.
Honma Golf Appoints VP Of Sales
Honma Golf named golf industry veteran Chuck Couch as North American vice president of sales. He was most recently vice president of Mizuno USA’s running division from 2016 to 2021.
Inov-8 Appoints Global Category Manager, Cross Training
Inov-8 has hired Chris Melton as global category manager for cross training. He will also head up the distribution of its footwear and apparel for Central and South America.
Clarks Appoints New CEO
Clarks has hired Jonathan Ram as CEO for Clarks shoes effective April 2022.
Golftec Adds Location In New Jersey
Golftec continues to expand its nationwide footprint announcing the opening of an instruction and club fitting center in Paramus, NJ.
Callaway Golf Adds Board Member
Callaway Golf Company announced that it has appointed Varsha Rao to its Board of Directors, which increases its members from thirteen to fourteen.
Caleres’ Sales Expand 19 Percent In Fourth Quarter
Caleres reported significantly improved earnings in the fourth quarter as sales grew 19 percent. The parent of Famous Footwear achieved all-time record operating earnings and operating margins for the year.
Camber Co-CEOs To Depart Organization
Camber Outdoors announced that co-CEOs, Emily Newman and Renita Smith will step down effective April 1, 2022.
GOA President Rich Hill To Depart Position in April
Grassroots Outdoor Alliance announced the departure of president Rich Hill, who gave the news to staff ahead of its annual board of directors retreat earlier this month stating he would leave his role in late April.
Carlyle Agrees To Acquire Dainese Group
Global Investment firm Carlyle announced that it has agreed to acquire Dainese Group, the maker of protective equipment for motorcycling and extreme sports, from Investcorp and Lino Dainese. Cristiano Silei will remain as CEO of the company.
Qurate Retail Group Announces President And CEO Zulily
Qurate Retail, Inc. announced the appointment of Terry Boyle as president and CEO of Zulily.
Dick’s SG House Of Sport To Open In Minneapolis
Dick’s Sporting Goods announced plans to open its third Dick’s Sporting Goods House of Sport this coming May in Minnetonka, MN.
K-Swiss Appoints VP Of Marketing And Director Of E-Commerce
K-Swiss announced two new hires with the appointments of vice president of marketing, Anna Amador, and director of e-commerce, Kristina Barclay.
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