Slinger Bag entered into a partnership agreement with the Chicago District Tennis Association (CDTA), one of 13 districts within the USTA/Midwest region.
Author: SGB Media
FP Movement To Open In Washington, D.C.
FP Movement, Free People’s activewear line, opened a new location in Washington, D.C. The boutique is the 13th FP Movement store location and is its largest square foot store.
OBIT: Patricia Rojas-Ungar
Patricia Rojas-Ungar, former VP of government affairs at the Outdoor Industry Association (OIA), has passed away at the age of 47.
Solo Brands Buys Chubbies Shorts, Oru Kayak And Isle
Solo Stove announced the recent acquisitions of Chubbies Shorts, Oru Kayak and Isle, creating a new house of brands, Solo Brands.
Dunham’s Sports To Open First Store In Wyoming
Dunham’s Sports plans to open its first Wyoming store this fall, in Rock Springs, adding a 23rd location to its portfolio. More stores in Wyoming are planned.
Inside The Call: Tilly’s Record Quarter Boosted By Graphic T-Shirt Demand
Tilly’s Inc. said strong pent-up demand following pandemic-related restrictions and a spike in the graphic T-shirt business helped produce its strongest level of sales and EPS for any quarter since its 2012 IPO. Said Ed Thomas, president and CEO, “Apparel growth has been driven by new trends in bottoms, a surge in the graphic T-shirt business, and a high adoption rate on newness generally.”
Catch Co. Acquires Recur Outdoors
Catch Co. announced that it has acquired Recur Outdoors, a Boston-based startup that “builds digitally-native vertical brands for the outdoor industry.”
Thor Industries Acquires Airxcel
Thor Industries Inc., the manufacturer of recreational vehicles, announced it has acquired Wichita, KS-based AirX Intermediate, Inc., a manufacturer of OEM and aftermarket RV parts and accessories, for $750 million.
Recall: SKE Outdoors Kids Bike Helmets
About 860 TurboSke kids’ toddler bike helmets from SKE Outdoors are being recalled. The bicycle helmets do not comply with the U.S. CPSC federal safety standard for bicycle helmets, posing a risk of head injury.
Lands’ End’s Q2 Revenues Advance 23 Percent
Lands’ End Inc. reported earnings more than tripled in the second quarter ended July 30 as sales grew 23.1 percent.
NPD Report: Back-To-School Athletic Footwear Sales Off To Healthy Start
Overall athletic footwear sales in the first six weeks of the back-to-school season, ending August 14, 2021, grew by 20 percent versus 2020 and in the high-single-digits versus 2019, according to the NPD Group.
U.S. Tennis Sales Surge In The First Half
New figures from The Tennis Industry Association and Sports Marketing Surveys show robust growth in U.S. tennis racquet, ball, and string sales in 2021.
Tilly’s Announces Record Quarterly Net Sales And Earnings
Tilly’s Inc. reported earnings nearly quadrupled in the second quarter ended August 1 as sales gained 49 percent.
Nordstrom’s Debt Ratings Lowered By Moody’s
Moody’s Investors Service downgraded Nordstrom Inc.’s debt ratings because its performance lagged the recovery demonstrated by many of its department store and off-price peers in 2021.
The Gap’s Debt Upgraded On Improving Operating Momentum; Outlook Positive
S&P Global Ratings raised its debt ratings on Gap Inc. reflecting improving operating performance, strengthening credit metrics, and supported by a favorable macroeconomic backdrop.
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