Shoe Carnival Inc. reported earnings in the second quarter ended July 31 increased four-fold as same-store sales grew 11.4 percent. Results came in well above company guidance.
Author: SGB Media
Anta Sports Posts Mega First Half Gains
Anta Sports Products Ltd. reported revenues grew 55.5 percent in the first half against a year ago and 54.0 percent compared to the same period of 2019.
Moody’s Finds Authentic Brands’ Announced Reebok Purchase Has No Immediate Impact On Ratings
Moody’s Investors Service said that Authentic Brands’ proposed debt-financed acquisition of Reebok has no immediate impact on its credit ratings.
Newmar President To Retire
Winnebago Industries, Inc. announced the planned retirement of Matt Miller, president, Newmar Corporation, effective September 3, 2021. Miller started his career at Newmar in 1991 and has been president since 2006.
Xponential Fitness’ System-Wide Sales More Than Double In Q2
Xponential Fitness reported sales in the second quarter ended June 30 rose 67 percent to $35.8 million. The strong increase in revenues included a corresponding system-wide same-store sales increase of 129 percent year-over-year.
Nordstrom Raises Revenue Forecast As Sales Revive
Nordstrom Inc. raised its guidance for the year after reporting second-quarter results that topped expectations. Core categories of shoes, apparel and accessories experienced the largest improvement in sales trends relative to the first quarter. In addition, sales in active, home and designer categories continued to grow versus 2019.
Urban Outfitters Launches Resale Marketplace
Urban Outfitters, Inc. (URBN) introduced Nuuly Thrift, a resale marketplace. Launching in this Fall, the platform will offer consumers the opportunity to buy or sell women’s, men’s and kids’ apparel and accessories.
Isbjörn Of Sweden Appoints Content Manager
Isbjörn of Sweden announced it has appointed Maria Eklind Enström as content manager as part of its ongoing digital and e-commerce strategy.
Michael Kors Appoints CEO
Capri Holdings Limited announced that Joshua Schulman will be appointed chief executive officer of the Michael Kors brand, and will succeed John D. Idol as chief executive officer of Capri Holdings in September 2022 when Idol will become executive chairman. Schulman joins Capri Holdings from Tapestry.
Big Agnes Earns RDS Certification
Big Agnes announced it has received its Responsible Down Standard (RDS) brand certification—Certification Number 879262. While the brand has purchased RDS down for its down sleeping bags and apparel for more than five years, this certification is a customer assurance that its down has a documented chain of custody information through its supply chain. “We’re […]
CCM Hockey Acquires Base Layer License
CCM Hockey announced the acquisition of its worldwide base layer license from its licensing partner Icon-Elite Group Inc., effective September 1, 2021.
Monterey Bay’s Outdoor World Sporting Goods To Shutter
Outdoor World Sporting Goods is conducting liquidation sales at its last store in Capitola, CA. Its store in Santa Cruz, CA recently closed and a third location in Seaside, CA never re-opened after the pandemic emerged.
New Balance Launches New Balance Renewed
New Balance has launched New Balance Renewed, which aims to extend the life of imperfect or returned items, helping to keep them out of landfills.
Umarex USA Appoints VP Of Marketing
Umarex USA promoted Justin Biddle as vice president of marketing. Biddle has been with Umarex USA from the company’s beginning in Fort Smith, AR.
Benelli USA Appoints Director Of Marketing
Benelli USA has appointed Nick Andrews as director of marketing. Andrews will oversee the implementation of the company’s overall marketing plans and strategies in the U.S. for Benelli, Franchi, Stoeger, Uberti, and Chapuis brands. He previously led marketing for Velocity Outdoors.
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