The Two Ten Footwear Foundation said in a release it has honored Shoe Carnival CEO Cliff Sifford with its T. Kenyon Holly Memorial Award and OrthoLite founder and CEO Glenn Barrett with its A.A. Bloom Memorial Award. Sifford will receive the T. Kenyon Holly Memorial Award, the foundation’s highest honor for humanitarian achievement. The award, […]
Author: SGB Media

SDS Imports Appoints CEO
SDS Imports announced it has appointed Tim Mulverhill, a 16-year veteran of the firearms industry, as chief executive officer. Mulverhill will be responsible for restructuring the company to expand its domestic manufacturing, drive brand strategy and focus on its import arm.

Johnson Outdoors’ Q3 Sales Climb 54 Percent
Johnson Outdoors Inc. reported net income more than doubled in the first quarter ended July 2 on a 54 percent sales gain.

Mizuno’s Quarterly Sales Climb 49.6 Percent
Mizuno Corp. reported sales jumped 49.6 percent in the first quarter ended June 30.

Sierra To Open First Minnesota Store Outside Twin Cities
Sierra announced plans to open its first Minnesota store outside of the Twin Cities.

Columbia Sportswear EVP Omni-Channel To Resign
Columbia Sportswear Co. announced that Franco Fogliato, executive vice president, global omni-channel, will resign from his position effective after a brief transition period ending September 3, 2021.

REI Partners With Hipcamp
REI has formed a multi-year partnership with Hipcamp, a provider of outdoor staycations, to offer its members access to tent camping sites, cabins, treehouses, RV stays, and glamping sites.

Mastercard SpendingPulse: U.S. Retail Sales Grow 10.9 percent In July
Retail sales in the U.S. grew for the 11th consecutive month in July, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment.

Retail Cargo Expected To Set Record In August
Imports at the nation’s largest retail container ports should hit yet another record in August as consumer demand continues to stretch supply chains and retailers shift from the back-to-school season to the peak shipping season for winter holiday merchandise, according to the monthly Global Port Tracker report released by the National Retail Federation.

Levi Strauss Acquires Beyond Yoga
Levi Strauss & Co. reached an agreement to acquire Beyond Yoga, the Los Angeles-based athleisure apparel brand.

Dorel Sports’ Q2 Revenues Climb 11 Percent
Dorel Industries reported its Dorel Sports segment posted its ninth consecutive quarter of revenue growth as well as another record profit.
Dorel Sports brands include Cannondale, Schwinn, GT, Mongoose, Caloi, and IronHorse.
Outdoor Research Awarded U.S. Army Cold Weather Glove System Contract
Outdoor Research announced it had, in partnership with Prime Vendor ADS Inc., been awarded a multi-year $49 million contract from the U.S. Army for its next-gen Cold Weather Glove System (CWGS). The interchangeable system of five individual gloves with varying levels of temperature protection are customizable depending upon the Army’s mission requirements. U.S. Army Contracting Command […]

Mike Ashley To Step Down As CEO Frasers Group
Frasers Group, the owner of Sports Direct, EMS and Bob’s Stores in the U.S., said Mike Ashley would step down as CEO next year. He will be succeeded by Michael Murray, who is head of elevation at Fraser Group.

Inside The Call: Ruger CEO Details Path To 50 Percent Growth, Price Increases And Marlin Rollout
Sturm, Ruger & Co., Inc. President and CEO Chris Killoy cited strong consumer demand for Ruger products, increases in production for each of the past seven quarters and the introduction of new products that have been met with strong consumer demand as reasons why the company’s net sales growth exceeded 50 percent for the first half of the year.

Academy Sports Appoints Board Member
Academy Sports and Outdoors Inc. appointed Sharen J. Turney to its Board of Directors, its Compensation Committee and its Nominating and Governance Committee.