Data released by Snowsports Industries America (SIA) shows that winter outdoor consumers are responsible for over $79 billion in spending and support 799,000 jobs.
Author: SGB Media
Xponential Fitness Signs Master Franchise Agreement In New Zealand
Xponential Fitness Inc. announced that it has recently signed a Master Franchise Agreement in New Zealand for three of its brands: CycleBar, StretchLab and Rumble.
Snipes To Acquire Jimmy Jazz
European lifestyle retailer Snipes is expanding its presence in the U.S. by acquiring U.S. sneaker chain Jimmy Jazz. The acquisition will approximately triple Snipes door count in the United States, as the retailer’s store network grows from just over 100 stores to almost 270.
Deckers X Lab Introduces Lace-Up Slipper Boot For Winter
Deckers X Lab announced it launched the X-Scape SPSK Mid—a hybrid street sneaker that meets the comfort of a slipper with the feel of an athletic shoe. The shoe is the newest edition to its X-Scape series The shoe’s design offers a Twinface shearling upper built into an Xponent HD midsole (a high rebounding, lightweight […]
OrthoLite Introduces Two Sustainable Insole Technologies
OrthoLite announced that its range of eco-footbeds has expanded with the release of the HybridPlus-Bio and HybridPlus-Recycled insoles. Ortholite remarked that the products “elevate the total eco content of the insoles to 57 percent and 50 percent respectively.” The footbeds result from the brand’s Zero Waste initiative to create sustainable footwear solutions closing the loop on production […]
NRF: Nearly 180 Million Shop Over Thanksgiving Holiday Weekend
According to the annual survey released by the National Retail Federation and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. The number of shoppers compares with 186.4 million shoppers in 2020 but exceeded the NRF’s initial expectations by over 21 million and is in line with the average of the last four years.
Thor Industries Announces Promotions
Thor Industries Inc. announced the promotion of Todd Woelfer to SVP and chief operating officer and Trevor Gasper to vice president, general counsel and secretary.
G-III Apparel’s Q3 Sales Climb 23 Percent
G-III Apparel Group, Ltd. lifted its guidance for the year after reporting earnings rose 68.8 percent in the third quarter ended October 31 on a 22.8 percent sales gain.
JD Sports Board Member Steps Down
JD Sports Fashion Plc announced that, after more than six years on the Board, Heather Jackson has stepped down from her position as a non-executive director. Mahbobeh Sabetnia has joined the board.
CCM Hockey Appoints Board Member
CCM Hockey announced the appointment of Jennifer Botterill as a new Board Director. Botterill is a Canadian athlete and has remained in sports as a broadcaster for over ten years.
VF Corp Appoints President, Global Packs
VF Corporation announced the appointment of Nina Flood to the newly created position of president, Global Packs, Eastpak, JanSpor, and Kipling.
Delta Apparel’s CFO To Resign
Delta Apparel Inc. announced that Deborah Merrill, its CFO and president, Delta Group, has submitted her resignation. Simone Walsh has been appointed the company’s vice president, chief financial officer & treasurer. Merrill has agreed to continue working with the company to transition her responsibilities to Walsh through January 22, 2022.
Adidas Partners With Brooklyn Nets
Adidas and the Brooklyn Nets announced they had formed a multi-year partnership central to connecting with kids through basketball.
Allbirds Q3 Revenues Jump 33 Percent
Allbirds, Inc., in its first quarterly report since going public, widened its loss in the quarter ended September 30 as sales rose 33 percent. Results were slightly above forecasts.
Skechers Creates ‘Our Planet Matters’ Sustainable Collection; Partners With The Nature Conservancy
Skechers announced it has created Our Planet Matters collection of sustainable men’s women’s and kids products using recycled materials. It also announced a partnership with The Nature Conservancy that includes a multi-year commitment, contributing a minimum of $800,000 to help the organization.
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