Big 5 Sporting Goods Corporation announced the appointment of Lily W. Chang to its Board of Directors. Chang is currently the Chief Portfolio Services Officer of Leonard Green & Partners.
Author: SGB Media
Asics Ventures Invests In Bisu
Asics Corp. announced that its investment subsidiary, Asics Ventures Corporation, has invested in Bisu, Inc., a startup developing “Bisu Body Coach,” a home health lab.
Canada Goose’s Debt Ratings Outlook Upgraded
S&P Global Ratings revised its debt rating outlook on Canada Goose Holdings Inc. to positive from stable. S&P said Canada Goose’s operating performance for fiscal 2021 was healthier than its previous expectation because of stronger consumer demand and better recovery post easing of restrictions.
Moncler Plans New Headquarters
Moncler is investing in a new headquarters in Milan that will be completed at the end of 2024.
Solo Brands Files For IPO
Solo Brands, Inc., owner of the Solo Stove, Chubbies, Oru Kayak, and Isle paddleboard brands, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
Retail Imports Remain High, But Could Be Higher Without Port Congestion
Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released by the National Retail Federation.
Adidas Launches Resale Program
Adidas has introduced a Choose to Give Back resale program. Consumers can send used products to Adidas from any brand through its Creator’s Club app for reuse or for resale.
IFIT Postpones Initial Public Offering
IFIT Health & Fitness Inc announced that it has postponed its previously announced initial public offering. The company made the decision based on adverse market conditions and will continue to evaluate the timing for the proposed offering.
Caleres Names Senior Vice President, Customer Marketing
Suzy Cirulis has joined Caleres as senior vice president, customer marketing. She previously worked for Crate and Barrel and Gap Inc.
Lululemon Expands Mirror To Canada
Lululemon Athletica Inc. announced that Mirror, its interactive home gym, will be offered in nearly 40 Lululemon stores across Canada and available for purchase in-store and online beginning on November 22.
Slinger Bag Announces Expansion Into Brazil
Slinger Bag announced its entry into the Brazilian tennis market through an exclusive distribution partnership with DLD.
The Buckle’s September Comps Grew 18 Percent
The Buckle Inc. announced today that comparable store net sales, for stores open at least one year, for the 5-week period ended October 2, 2021 increased 17.8 percent from comparable store net sales for the 5-week period ended October 3, 2020.
Fanatics, HanesBrands Partner With University Of Texas
The University of Texas at Austin announced a licensed merchandise strategy that includes new exclusive partnerships with Fanatics and HanesBrands to lead the development of a collection of fan apparel across all retail channels.
Recall: ElliptiGO Arc Bicycles
About 3,800 ElliptiGO Arc bicycles are being recalled. According to a statement from the CPSC, the bicycle frame could break while riding, posing fall and injury hazards to the user.
Helen Of Troy’s Houseware Segment Delivers Six Percent Growth In Second Quarter
Helen of Troy reported sales in its Housewares segment increased 6.6 percent in the second quarter due to strong sales at brick and mortar stores for OXO and Hydro Flask brands. The Housewares segment is now expected to deliver growth of 9 to 11 percent for the year, up from 7 to 9 percent previously.
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