Kohl’s Inc. reported a decline in fourth-quarter earnings but they topped Wall Street estimates. Sales in the quarter rose 5.8 percent. Kohl’s provided an upbeat outlook for the year.
Author: SGB Media
Mountain Hardwear Expands Leadership Team
Mountain Hardwear, owned by Columbia Sportswear, announced three internal promotions including a new vice president of product line management and merchandising, plus two new hires.
Asics Promotes Yasuhito Hirota To CEO
Asics promoted Yasuhito Hirota to CEO. Hirota has been president and COO for four years and will retain those roles.
Spy+ Expands International Team Of Skiers And Snowboarders Aligned With European Distribution
SPY+ announced it expanded its International Change Makers program with the inclusion of skiers and snowboarders. The revamped SPY+ lineup includes professional skier Laurent De Martin, professional snowboarders Victor Daviet, Celia Petrig, David Boggio, and brothers Joe and Jake Simpson. “SPY+ has always had a strong following in Europe but, until recently, gear was hard […]
Hey Dude Makes Key Appointments
Crocs announced that Pete Gilmore had joined its newly-acquired Hey Dude casual footwear brand as SVP, supply chain while Katie Wagner becomes VP of Hey Dude’s sales.
Gaia’s Q4 Revenues Expand 12 Percent
Gaia reported sales grew 12 percent in the fourth quarter and 19 percent in the year.
Yeti Announces $100 Million Share Repurchase Program
Yeti Holdings, Inc. announced that its Board of Directors has authorized the repurchase of up to $100 million of Yeti’s common stock.
IFit CEO To Step Down Amid Capital Infusion
IFit Health & Fitness announced a capital raise and said its co-founder, chairman, and long-time CEO Scott Watterson would step down from direct management of the company but remain chairman. Steve Barr, chief financial officer, and Mark Watterson, chief experience officer, were appointed co-presidents of the organization.
Brompton Plans To Open New Headquarters In Ashford By 2027
Brompton, the UK’s largest bike manufacturer, announced plans for an eco-friendly headquarters and factory complex in Kent, England, to double its capacity to manufacture more than 200,000 bikes a year.
KYX World Secures Funding Round
KYX World, a sneaker start-up based in Los Angeles, announced its latest fundraising round led by SeventySix Capital, with further investment coming from other key strategic investors including NBA All-Star DeMar DeRozan and Super Bowl Champion Emmanuel Sanders.
Primary Arms Optics Names Director Of Product Marketing
Primary Arms Optics announced it has hired Stephen Morgan as director of product marketing for all its product categories.
Connected Rowing Machine Upstart Aviron Raises $18.5 Million; Announces COO Hire
Connected rowing machine developer Aviron has raised $18.5 million in a Series A funding round that will allow it to double its workforce over the next 12 months. Aviron also announced the hiring of Amy Curry-Staschke, formerly at Nike, as chief operating officer.
United Wheels And Niner Bikes Adds To Engineering And Design Team
Niner Bikes announced it has hired multiple new staff to its engineering and product teams in Fort Collins, CO. The group will contribute to the product development for Niner, VAAST and other brands within the company’s United Wheels portfolio.
Jones Appoints Marketing Director
Winter apparel, backcountry gear and snowboard brand Jones Snowboards announced it has hired Josh Nielsen as Marketing Director.
Therabody To Open Wellness Centers And Stores
Therabody, the maker of vibrating massage guns, expects to have 22 physical locations opened by July 2022 with additional Reset and retail locations in the planning stages, which it aims to open later this year.
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