Legacy Sports International announced the hiring of Darren Jacobson, Mid-West sales director, whose territory includes Wisconsin, Minnesota, Missouri, Iowa, and Illinois.
Author: SGB Media
Whoop Acquires Push
Whoop announced the acquisition of Push, a Toronto-based sports technology startup, in a cash and stock transaction.
Smith & Wesson Gets Fiscal Q1 Lift From New M&P12 Shotgun, Increased Production
Despite difficult comps versus very strong results from the comparable period last year, Smith & Wesson Brands Inc. utilized increased manufacturing capacity and relied on consumer product preferences and increased market share to post-sales growth of nearly 20 percent.
Duluth Holdings Q2 Sales Gain 9 Percent, Unveils Big Dam Blueprint Plan
Duluth Holdings Inc. reported earnings rose 52.5 percent in the second quarter ended August 1 as sales grew 8.6 percent. The apparel retailer also unveiled a new Big Dam Blueprint improvement program that follows the appointment of Sam Sato as CEO.
G-III Apparel’s Q2 Sales Vault 63 Percent
G-III Apparel Group, Ltd. raised its full-year guidance after reporting second-quarter sales and earnings topped expectations.
Nautilus To Acquire Motion Technology Start-Up
Nautilus Inc. announced that it has entered into a definitive agreement to acquire VAY, a motion technology company. The acquisition gives Nautilus the ability to scale its JRNY digital platform with additional technologies to advance its motion tracking capabilities for real-time data analysis during workouts.
The Buckle’s August Comps Expand 43 Percent
Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 28, 2021, increased 42.7 percent year-over-year.
NICS Firearms Background Checks Again Slide In August
The August 2021 NSSF-adjusted National Instant Criminal Background Check System (NICS) decreased 21.1 percent in August against inflated demand a year ago tied to the pandemic.
Genesco Delivers Record Second Quarter
Genesco Inc. delivered record second-quarter profitability for its footwear businesses that far exceeded expectations. Sales were up 25 percent at Journeys, up 48 percent at Schuh, and ahead 154 percent at Johnston & Murphy.
Moose Knuckles Appoints CEO
Canadian luxury outerwear and sportswear brand, Moose Knuckles, said Victor Luis has been appointed CEO.
Hoka Opens First Two Stores
Hoka One One announced the opening of its first retail locations. The brick and mortar bi-coastal pop-ups will be located in New York City and Los Angeles.
Former Nike Football Head Joins Relo Metrics Board
Relo Metrics, the AI-powered sponsorship analytics platform formerly known as GumGum Sports, announced that Marc Reeves, former head of brand for football at Nike, has joined its Board.
Smith & Wesson’s Fiscal Q1 Revenues Expand 20 Percent
Profits at Smith & Wesson Brands Inc. rose 64.9 percent on an adjusted basis in the second quarter ended July 31 as revenues gained 19.5 percent.
Sportsman’s Warehouse Sees 10 Percent Same-Store Decline In Second Quarter
Sportsman’s Warehouse Holdings, Inc. reported earnings on an adjusted basis declined 42 percent in the second quarter ended July 31 as same-store sales declined 10 percent. The retailer was facing elevated demand in the year-ago period tied to the pandemic.
Inside The Call: Famous Footwear Shines But Brand Portfolio Struggles For Caleres in Q2
Caleres, Inc. posted sales of $675.5 million in net sales in the fiscal second quarter ended July 31, up 34.7 percent from Q2 but down 4.4 percent from the 2019 comparable period.
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