Archer Components, the manufacturer of electronic shifting for mechanical derailleurs, released its Paddle Remote for its D1x Trail e-shifting conversion kit. The remote, sold individually or with its shift-drive unit, offers flat handlebar MTB bikes with improved ergonomics. Archer systems begin with the chainstay-mounted D1x shifter unit, which pulls a standard shift cable to change […]
Author: SGB Media
Ross Stores’ Q4 Comps Climb 9 Percent
Ross Stores reported same-store sales grew 9 percent in the fourth quarter but earnings declined due to higher freight, wages and COVID-related costs. The off-pricer also announced a new two-year $1.9 billion stock repurchase program, increased its quarterly dividend and raised its long-term growth potential.
NICS Firearms Background Checks Dip In February
The February 2022 NSSF-adjusted National Instant Criminal Background Check System (NICS) slipped 2.5 percent to 1.35 million compared to the February 2021 NSSF-adjusted NICS figure of 1.39 million.
Playtri Continues To Expand In Texas
Playtri, the triathlon-focused retail chain, announced it has purchased Buc’s Bike Shop in Round Rock, TX.
Inside The Call: Big 5 Details Post-Pandemic Margin Benefits
Big 5 Sporting Goods, Inc. forecasted a sharp decline in first-quarter results as the chain faces elevated pandemic demand in the year-ago period. However, Big 5 officials expect the improved margin rates seen over the last two years to continue.
REI Co-op Relaunches Lifetime Membership Program
For the first time in its 84 years, REI Co-op is changing how its members can connect with the retailer by relaunching its lifetime membership program.
Culture Kings To Open Flagship Store In Las Vegas
A.K.A. Brands Holding Corp. announced that it has signed a lease with intent to open its first U.S. flagship store in late 2022 for Culture Kings, the streetwear brand, at The Forum Shops at Caesars in Las Vegas.
Signa Sports’ Sales Expand 11 Percent in First Quarter
Signa Sports United N.V. (SSU) reported net revenue grew 11 percent in the first quarter despite supply constraints in the full-bike category. Excluding full-bike sales, net revenue grew 15 percent.
Arc’teryx Adds Rock Climber Ashima Shiraishi To Global Athlete Team
Arc’teryx Equipment announced it added rock climber Ashima Shiraishi to its ambassador team. Born in New York City, Shiraishi discovered climbing at age six and is the youngest to climb a V10 (Power of Silence) at age eight. At nine, she was the youngest to scale a V12 (Martini Right) and at 14 she was […]
Urban Outfitters’ Q4 Sales Jump 14 Percent On Two-Year Basis
Urban Outfitters Inc. reported total company net sales for the three months ended January 31, 2022, were a record $1.33 billion. Net sales increased 13.9 percent compared to the three months ended January 31, 2020.
Beachbody’s Revenues Slide 4 Percent In Q4
The Beachbody Company, Inc. reported fourth-quarter results exceeded guidance, marked by a 42 percent two-year growth in total digital and nutritional subscriptions and a 21 percent gain in total streams versus 2019.
Nordstrom’s Q4 Revenues Climb 23 Percent
Nordstrom, Inc. reported fourth quarter results in line with the company’s fiscal year 2021 outlook, demonstrating progress against its long-term growth strategy.
Matador Upgrades Travel Towels Timed For Spring 2022
Matador Travel Equipment, the producer of performance travel equipment, introduced its NanoDry Packable Shower Towel and NanoDry Trek Towel, updated versions of the brand’s travel towels. The NanoDry Towels are designed for lightweight travel with a silicone case . “Our NanoDry Towels are some of our best-performing products and they just got even better,” said […]
Rocky Brands Q4 Sales Surged 93 Percent
Profits at Rocky Brands Inc. rose 29.4 percent in the fourth quarter ended December 31 on a 93.4 percent sale gain.
Big 5 Posts Flat Comps In Fourth Quarter
Big 5 Sporting Goods Corp. reported earnings declined 5.2 percent in the fourth quarter ended January 2 as same-store sales inched up 0.2 percent. The sporting goods chain forecast a steep drop in sales and earnings in the first quarter due to tough year-ago comparisons.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal