Urban Outfitters Inc. reported net income of $89 million and record earnings per share of 89 cents in the third quarter ended October 31. Sales grew double-digits on a two-year basis.
Author: SGB Media
NWSL, Nike Sign Long-Term Agreement
The National Women’s Soccer League and Nike signed a long-term agreement that extends a partnership that began with the league’s formation in 2012.
Club Champion Opens In Three New Markets
Custom club fitter Club Champion announced the opening of three new fitting studios, located in Dallas, TX; Columbia, SC; and Little Rock, AR. The studio in Little Rock is the first Club Champion studio in the state of Arkansas.
Adventure Ready Brands Acquires LuminAID
Adventure Ready Brands announced the acquisition of LuminAID, maker of a variety of solar-powered lighting and charging solutions for the outdoors and emergency use. The transaction closed on November 19.
Unifi Reaches Key Sustainability Milestone Ahead Of Schedule
Unifi Inc. said it reached its goal of transforming more than 30 billion post-consumer plastic bottles into its Repreve recycled performance fibers.
Macy’s Announces Plans To Launch Curated Digital Marketplace
Macy’s Inc. announced plans to launch a curated digital marketplace. The new marketplace will significantly expand the company’s assortment in existing categories and brands and introduce a range of new categories, by enabling carefully selected third-party merchants to sell their products on macys.com and bloomingdales.com.
Sentinel Capital Partners Teams With RefrigiWear
Sentinel Capital Partners announced a new partnership with RefrigiWear, a provider of industrial workwear for subzero environments.
Candy Digital Hires Chief Marketing Officer
Candy Digital, Fanetics’ nonfungible token (NFT) company, has hired former Instagram executive, Andre Llewellyn, as chief marketing officer.
Rise Armament Appoints Online Marketing Manager
Rise Armament, a manufacturer and supplier of triggers, components, and firearms, appointed Brock Norman as the company’s online marketing manager.
Primary Arms Optics Names Director Of Product Marketing
Primary Arms Optics announced the hiring of Stephen Morgan as the new Director of Product Marketing for all Primary Arms Optics products.
CVC, HPS To Buy Stake In Authentic Brands At $12.7BN Valuation
Authentic Brands Group (ABG) is shelving its planned initial public offering and instead plans to sell significant equity stakes in its business to private equity firm CVC Capital, hedge fund HPS Investment Partners and a pool of existing stakeholders. The transaction values the company at $12.7 billion in enterprise value.
72 Million Americans Plan To Go RVing In The Next Year
The popularity of RVing is showing no sign of slowing down with a new survey from RV Industry Association revealing that 72 million Americans plan on taking an RV trip in the next year in an RV they rent, own, or borrow.
Cotopaxi To Open Stores In Denver And San Francisco
Cotopaxi announced plans to open two new brick-and-mortar retail stores. The new locations in Denver and San Francisco will add to Cotopaxi’s current roster of five store locations.
Pro Image Sports Opens In Syracuse
Pro Image Sports, the largest franchiser of licensed sports merchandise, opened a 4,000 square-foot store at Destiny USA in Syracuse.
Bass Pro-Parent Partners With Toyota Motor Credit
Great American Outdoors LLC, the parent company of Bass Pro Shops, Cabela’s and the White River Marine Group has reached an agreement to expand Toyota Motor Credit Corporation’s (TMCC) relationship with Bass Pro Shops and Cabela’s to include offering financial services for the company’s boats, all-terrain vehicle products and other mobility products.
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