Thor Industries reported earnings doubled in the fiscal second quarter ended January 31 as sales expanded 42.1 percent. Thor’s consolidated RV backlog for the second fiscal quarter increased by more than 60 percent year over year.
Author: SGB Media
Matador Introduces Waterproof Pill Canister
Matador Travel Equipment introduced its Waterproof Pill Canister to keep pills and supplements dry and organized during travel. The food-safe and dishwasher-safe design offer an airtight and waterproof transport vessel for a week’s worth of supplements and medications. “Traveling with pills can be a pain. Plastic cases are heavy, clunky and fragile, and the last […]
Gill Fishing Introduces Xpel Tec Apparel Collection
Gill Fishing, the technical and lifestyle apparel manufacturer for anglers, has launched a technical apparel collection. The warm-weather collection features XPEL technology, a plant-based fabric treatment that shields away water, blood, oil, and muck without changing the breathability or feel of the four-way stretch fabric and delivers 50+ UV protection. “The fishing market is saturated with summer […]
Adidas Sees Modest Q4 Sales Decline On Supply Chain Challenges
Adidas reported currency-neutral sales declined 3 percent in the fourth quarter due to supply shortages as a result of the lockdowns in Vietnam last year, the challenging market environment in Greater China and pandemic-related lockdowns in the Asia-Pacific. However, currency-neutral sales for 2021 rose 16 percent and Adidas projected will increase at a rate between 11 percent and 13 percent in 2022.
100% To Launch Snow Goggles For Fall 2022
This Fall, 100%, the San Diego, CA-based sports performance brand, will leverage its goggle and eyewear knowledge to launch its first collection of snow goggles. The Brand has collected insights from ambassador snow athletes worldwide to support the development of the launch, including snowboarder Zoi Sadowski-Synnott, who captured Olympic Gold in Slopestyle and Silver in […]
100% Appoints New Leadership Team
100%, the San Diego, CA-based sports performance brand, has appointed new leadership.
Mystery Ranch To Debut Cordura Re/Cor RN66 District Series For Fall 2022
Mystery Ranch, in partnership with Invista Cordura, will debut this August its Cordura re/cor RN66 District Series of everyday carry bags and packs, including District 2, 4, 8, 18, and 24, for Fall 2022. Alex Kutches, president, Mystery Ranch, said, “Our company partnership with Cordura has a long and special history, but the launch of the […]
Topgolf’s Debt Ratings Upgraded
S&P Global Ratings raised its debt ratings on Topgolf, which is owned by Callaway Golf, due to Callaways’ move to suspend an opportunistic refinancing transaction that would have enabled it to consolidate all of the group’s debt at the parent level.
Adidas Closes Stores In Russia
Adidas AG is closing its stores in Russia and suspending its online shop, joining Nike, Puma and a wide range of Western businesses that have halted operations in the country following its invasion of Ukraine.
Near-Record Import Levels Expected At U.S. Ports As Congestion Continues
Imports at the nation’s major retail container ports are expected to be at near-record levels this spring and summer as consumer demand and supply chain challenges continue to result in congestion, according to the monthly Global Port Tracker* report released by the National Retail Federation and Hackett Associates.
Mark Wahlberg Becomes Minority Investor In P448’s Parent Company
StreetTrend LLC, which owns the P448 sneaker brand, announced that actor, producer and businessman Mark Wahlberg has made a significant minority investment in the company. The terms of the deal were not disclosed.
Lululemon Releases First Footwear Collection
Lululemon released its first footwear collection with four women’s styles, including its first running shoe, the Blissfeel. The company said it would release three more women’s specific shoes in the coming months and a men’s footwear collection in 2023. “Footwear is the natural next step for us to expand and apply our long history […]
Topgolf To Open First Greater Los Angeles Area Venue
Topgolf Entertainment Group is set to open its first Greater Los Angeles area venue in Ontario, CA on March 11.
L. Catterton Acquires Taxa Outdoors
Travel trailer maker Taxa Outdoors announced that the Growth Fund of L Catterton acquired it. RX3 Growth Partners is also an investor. Taxa said the investment would drive its distribution growth and expand its product offerings. The terms of the transaction were not disclosed.
Dick’s SG’s Again Tops Expectations In Q4
Dick’s Sporting Goods reported earnings on an adjusted basis grew 50 percent in the fourth quarter ended January 29 on a 5.9 percent same-store sales gain. Both earnings and sales topped Wall Street’s guidance with the period marking Dick’s largest sales quarter. Earnings are expected to decline in the current year with comps expected in the range of negative 4 percent to flat, but EPS guidance was ahead of Wall Street targets.
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