Canada Goose announced the appointment of Paul Cadman as President, Asia-Pacific (APAC). His past experience includes roles at Salvatore Ferragamo, Asprey & Garrard, Bvlgari, and Estée Lauder.
Author: SGB Media

S&S Activewear Completes Acquisition Of TSC Apparel
S&S Activewear, based in Bolingbrook, IL, has completed its acquisition of competitor TSC Apparel, the parent of Tultex.

Puma North America Raises Hourly Wage for Retail Employees
Puma announced that it will raise its minimum wage for Puma North America and Puma Canada retail employees to $15 per hour, effective November 29.

Nike Veteran Lobbyist To Retire
Julia Brim-Edwards, senior director Nike GPA Global Enterprise Initiatives and WHQ Region, is leaving the company after 17 years, according to The Oregonian.

Rossignol Sells Felt Bicycles To Pierer Mobility
Rossignol has sold Felt Bicycles to Pierer Mobility, the owners of KTM motorcycles.

Recall: Olympic Dumbbell Handles
About 77,200 Olympic Dumbbell Handles sold at Dick’s Sporting Goods are being recalled.

Athleta’s Q3 Revenues Climb Two Percent
Gap Inc. reported comparable sales at its Athleta chain increased 2 percent year-over-year and 41 percent versus 2019. Companywide, Gap slashed its full-year guidance due to shipment delays.

Nordstrom Misses Wall Street’s EPS Targets
Nordstrom Inc. reported third-quarter earnings exceeded year-ago levels but came in short of analysts’ estimates. The upscale retailer reiterated its outlook for the year as Nordstrom banner sales returned to 2019 levels.
Slinger Enters Poland With New Distribution Agreement
Slinger Bag announced the latest distribution agreement with Framework Sports to bring its Slinger Bag into Poland.
Primary Arms Appoints CFO
Primary Arms has announced the appointment of Matthew Do to chief financial officer.
Pierer Mobility AG Acquires Felt Bikes; Enters North American Market
“With Felt we are able to expand our bicycle portfolio and also strongly enter the North American market with an established, high-performance brand,” said Stefan Pierer, CEO Pierer Mobility AG.

Mitchell & Ness To Ramp Up Store Openings
Mitchell & Ness plans to open five to six more stores in the U.S. in coming years, CEO Kevin Wulff said in an interview with the Philadelphia Business Journal.

Burlington Stores See Same-Store Sales Climb 16 Percent Against Q319
Burlington Stores, Inc. reported earnings and sales gains for the third quarter ended October 30, 2021 against the third quarter of 2019 but also said freight and supply chain challenges pressured margins in the period.

Dick’s SG Q3 Profits Soar Past Wall Street Targets
Dick’s Sporting Goods again raised its outlook for the year after reporting third-quarter earnings that blew past Wall Street targets. Consolidated same-store sales for the third quarter increased 12.2 percent on top of a 23.2 percent increase in the third quarter of 2020 and a 6.0 percent increase in the third quarter of 2019.
Hest Rolls Out New Camping Mattress
Hest, a designer of outdoor sleep products, launched its portable car-camping mattress, the Hest Foamy. The Foamy offers two layers of memory foam, which provides body alignment and key pressure point relief, with integrated compression strap and water-resistant materials. No inflated air or pump is needed and is offered in a regular (25-inch) and wide […]