Southern California-inspired activewear brand Vuori announced the hire of e-commerce veteran Peter LaBore as its first COO, and global executive Andy Lawrence as its first vice president of international.
Author: SGB Media

Vista Outdoor Announces Definitive Agreement To Acquire Foresight Sports
Vista Outdoor Inc. announced that it has entered into a definitive agreement to acquire San Diego, CA-based Foresight Sports, a maker of golf simulators, for $474 million.

JD Sports Appoints Former Nike Exec To Board
JD Sports Fashion has appointed Bert Hoyt, most recently vice president and general manager of Nike EMEA, as its non-executive director, effective immediately.

Backcountry Appoints CFO
Backcountry has appointed Girish Satya chief financial officer of its global portfolio of brands, including Backcountry, Bergfreunde, Competitive Cyclist, Motosport and Steep & Cheap. Most recently, Girish served as a principal at TSG Consumer Products, Backcountry’s financial and strategic partner.

Peloton Launches Own Apparel Brand
Peloton announced it is launching Peloton Apparel, the company’s first collection made almost entirely of its own private label products.

Cirrus Cycles Announces Employee Promotions
Cirrus Cycles, Inc., makers of Kinekt Suspension Components, promoted Evan Wert, Jeremy Facer and Kelsey Lampe.
American Outdoor Brands’ Q1 Revenues Climb 20 Percent
Profits at American Outdoor Brands grew 94.4 percent in the first quarter ended July 31 as sales grew 20.4 percent and gross margins improved 70 basis points.
Helen of Troy Announces $500 Million Share Repurchase Authorization
Helen of Troy Ltd. announced that its Board of Directors has authorized the repurchase of $500 million of its outstanding common shares in keeping with its stated intention to return to shareholders capital not otherwise used for core business growth or strategic acquisitions.

Columbia Sportswear Appoints President Of Prana
Columbia Sportswear Company announced the appointment of Monica Mirro as president of the Prana brand.

Columbia Sportswear Appoints President Of Mountain Hardwear
Columbia Sportswear Company announced the appointment of Troy Sicotte as president Mountain Hardwear brand.

Zumiez’s Q2 Sales Expand 7 Percent
Zumiez Inc. reported net sales for the second quarter ended July 31 increased 7.3 percent year over year and 17.6 percent against the second quarter of 2019.

Hibbett Promotes Jared Briskin To Executive Vice President
Hibbett Inc. announced the promotion of Jared Briskin to executive vice president, merchandising; effective immediately. In this new role, Briskin will be responsible for merchandising, planning, allocation, and supply chain.

Lululemon Will Hit 2023 Goal Two Years Early
Lululemon shares surged overnight after the vertical active lifestyle retailer posted another strong quarter and announced the company will surpass its 2023 revenue target by the end of 2021, two years ahead of schedule. The company said second-quarter results reflected broad-based strength across its channels, regions and product categories.
Cotopaxi Secures Growth Investment Led By Bain Capital Double Impact
Cotopaxi announced that it has secured funding led by Bain Capital Double Impact, the impact investing strategy of Bain Capital.