Vancouver-based RYU Apparel Inc. announced the hiring of DJM Sales Consulting, to lead global sales and oversee the company’s wholesale strategy.
Author: SGB Media
Chaco Hits the Road Again On Its 2022 Fit For Adventure Tour
Chaco announced it would take to the road again this year with an expanded Fit For Adventure Tour offering on-site repairs for its sandals and custom Z Sandals and Chillos. “We hear about lifelong memories made in Chacos, and it was great to hear so many of those firsthand on tour last summer,” said Lauren […]
The Buckle’s Comps Jump In February
The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended February 26, 2022, increased 33.3 percent from comparable store net sales for the 4-week period ended February 27, 2021.
T-H Marine Acquires YakGear
OneWater Marine, Inc. announced that its subsidiary, T-H Marine, has acquired YakGear, Inc., a supplier of kayak equipment, paddle sports accessories and boat mounting accessories based in Houston, TX.
Recall: Fitbit Ionic Smartwatches
About 1 million Fitbit Ionic Smartwatches sold in the U.S. are being recalled. The lithium-ion battery in the Ionic smartwatch can overheat, posing a burn hazard.
Fanatics Earns $27 Billion Valuation In Latest Funding Round
Fanatics, Inc. raised $1.5 billion from a group of investors, including Fidelity Management & Research Co., managed by BlackRock, Inc. and Michael Dell’s family office (MSD Capital LP), valuing the company at $27 billion, according to a report from the Wall Street Journal.
Amazon To Close 4-Star, Book And Pop-Up Stores
Amazon is closing 68 brick-and-mortar bookstores and pop-up kiosks in the U.S. and UK to concentrate on its supermarkets, including Whole Foods and Amazon Fresh, according to a report from Reuters.
Nike Suspends Online Sales In Russia
Nike Inc. has stopped taking online orders on its Russian website because it can’t guarantee delivery, Nike said on its Russian website.
Qurate Retail Group Announces Leadership Appointments
Qurate Retail, Inc., the parent of QVC and HSN, announced new executive leadership appointments for Qurate Retail Group to accelerate its leadership in video commerce, drive operation improvement, and differentiate its brand experiences across core vCommerce brands in the U.S.— QVC and HSN.
ACT Lab Hires Marketing Chief
ACT Lab, based in Long Beach, CA, announced that bike industry veteran Steve Boehmke will lead marketing for its labs and testing facilities in the U.S., Taiwan, China, Vietnam, and Europe.
Xponential Fitness Appoints President Of XPass
Xponential Fitness, Inc. announced the nationwide launch of XPass, a fitness class subscription service, and Danyal Ali as president of XPass. Xponential’s brands include Pure Barre, Club Pilates, CycleBar, Rumble, YogaSix, StretchLab, Row House, AKT, STRIDE, and BFT.
NPD Study: U.S. Footwear Industry Growth Rate Slow But Steady Through 2024
Slow but steady will be a predominant theme for the U.S. footwear industry over the next two years, mainly due to pent-up demand and higher average selling prices. Footwear revenues hit a high point in 2021, growing by 23 percent, versus 2020, as unit sales also increased by double-digits; however, both revenue and unit sales are projected to level out through 2024, according to The NPD Group.
Kathmandu Holdings To Undergo Name Change
Kathmandu Holdings Limited announced that it will undertake a name change to KMD Brands Limited.
OrthoLite Introduces Cirql Midsole Compostable Foam
OrthoLite released a midsole foam innovation to “elevate sustainability in the footwear industry.” OrthoLite said its Ortholite Cirql is the “critical solution needed to achieve true circularity within the footwear industry and is the world’s first EVA plastic-free, recyclable, biodegradable, and industrially compostable foam. Powered by plants, Cirql offers a pure foam alternative to conventional […]
Lizard Skins Launches The Strata
Lizard Skins, the grips and handlebar tape manufacturer, has introduced a new grip it calls the Strata. The Strata is a single-clamp lock-on grip with a soft feel in a mushroom-style fin design in a medium diameter of 32.25mm. The product complements the brand’s expanding Lizard Skins and Oury lines. Lizard Skins now offers […]
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