Levi Strauss & Co. reported sales in the fourth quarter ended November 28 grew 22 percent versus Q4 2020 and gained 7 percent versus Q4 2019. Earnings and sales were slightly ahead of Wall Street targets.
Author: SGB Media
Lids Parent Raises $250M
Private equity holding company Ames Watson announced it has raised $250 million dollars in a new round of funding as the company continues to expand. The funding was raised through Ames’ affiliate, Lids, issuance of a Term B private loan. Ames Watson expects to use this capital for add-on acquisitions and investments for Lids and for separate stand-alone control and passive investments.
JD Sports Veteran To Lead Debenhams
Debenhams has appointed JD Sports veteran Daniel Finley as CEO.
Oofos Partners With U.S. Ski & Snowboard Team To Supply Recovery Footwear
Oofos announced it signed a two-year partnership agreement to become the official recovery footwear supplier for the U.S. Ski & Snowboard team. Throughout the 2022/23 competitive seasons, Oofos will supply the U.S. Ski Team, U.S. Freeski Team and U.S Snowboard Team and staff with its recovery footwear. The partnership also includes a presence at domestic […]
Trijicon Names VP Sales And Marketing
Trijicon, Inc., a provider of aiming solutions for the hunting, shooting, military, and law enforcement markets, announced John Trull as vice president of sales and marketing. Most recently, he held the position of vice president of product management-ammunition, Vista Outdoor.
Signa Sports’ Sales Expand 24 Percent In Fiscal Year
Signa Sports United (SSU), the Berlin-based sports e-commerce and technology platform, reported sales grew 10 percent in the fourth quarter and 24 percent in the fiscal year ended September 30.
Scarpa Introduces 4-Quattro Family Of Ski Boots
Scarpa introduced the 4-Quattro family of ski boots, its “lightest GripWalk hybrid ski boots” to date. Combining performance with functionality for touring, backcountry travel and walking, Scarpa said its 4-Quattro XT and SL will appear to a broad range of consumers, including “expert-level alpine skiers and snow professionals to everyday skiers looking for versatility paired […]
DPS x Checkerspot Develop Bio-Based Sidewall Material Available In DPS Skis
The engineers at Salt Lake City-based DPS Skis announced the development and commercialization of renewably derived, algae-based sidewalls into all its skis beginning this year. The collaboration with Checkerspot, Inc., a U.S. ski manufacturer and material innovation company, produced a material and fabrication process that increases ski performance and decreases petroleum reliance. “Working with our […]
Dakine Creates Poacher RAS Vest For Natural Selection Tour
Dakine announced it is this year’s official vest sponsor of the Natural Selection Tour (NST), an event where snowboarders compete on some of the most challenging natural terrains. The three-stop tour began January 25 at Jackson Hole Mountain Resort and runs through January 31. The NST continues to Baldface Lodge in February and concludes at the […]
Saucony Drops Peregrine 12
Saucony announced the drop of its Peregrine 12, the latest version of the brand’s trail franchise. Bottom-to-top updates offer a shoe that is an ounce lighter, with a redesigned 5mm lug pattern while PWRTRAC rubber ensures maximum traction and grip. A new and improved rock plate sheds moisture and provides more flexibility, while a more […]
Activist Investor Seeks Seat On Kohl’s Board
Activist hedge fund Macellum Advisors, which owns about a 5 percent stake in Kohl’s Corp., sent a letter to the retailer’s board on Tuesday urging Kohl’s to publicly commit to carrying out a “robust” process to review strategic alternatives and form a special committee of independent directors to oversee the review.
Alpha Industries Appoints Chief Brand Officer
Alpha Industries announced the appointment of Matthew Pantoja as chief brand officer.
Guidesly Secures $4 Million In Investment
Guidesly, an online platform connecting guides with anglers, recently closed its seed round of funding, raising $4 million from over 30 investors.
Slinger Signs Exclusive Tennis Ball Partnership Agreement With Dunlop
Slinger announced a new four-year tennis ball partnership with Dunlop. Dunlop becomes the official ball provider for Slinger across the global tennis market.
Decathlon Announces New CEO
Decathlon appointed Barbara Martin Coppola as chief executive officer. She succeeds Michel Aballea, in office since 2015. This appointment is effective mid-March 2022.
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