Tuesday Morning announced that Fred Hand, formerly chief operating officer of Burlington Stores, has been named chief executive officer and a member of the Board of Directors, effective May 17.
Author: SGB Media
Play It Again Sports Parent Announces Run-off Of Leasing Portfolio
Winmark Corp, the parent of Play It Again Sports, announced that it would no longer solicit new leasing customers and would pursue an orderly run-off for its middle-market leasing portfolio.
Western Mountain Lodging Finishes Winter Season On Strong Note
A late-season surge increased visits to enable participating properties in Western mountain destinations to reach an aggregated 102.3 percent of the total actual room nights booked for the entire last winter, according to Inntopia’s DestiMetrics tracking service. However, daily rates weren’t strong enough to offset more than a month of lost nights.
Topgolf To Open Location In Baltimore
Topgolf Entertainment Group plans to open its first location serving the Baltimore community in 2022. Topgolf Baltimore will be the third serving the state of Maryland, joining Topgolf Germantown and Topgolf National Harbor.
L.L.Bean Announces New Charitable Partners
L.L.Bean announced plans to continue investing in a range of organizations and initiatives focused on supporting local communities and increasing outdoor access for all.
April Retail Sales Hold Mostly Steady From March
Retail sales were virtually unchanged from their strong performance a month before and grew dramatically year-over-year in April as the rapidly recovering U.S. economy marked a full year since the coronavirus pandemic shut down most stores during the spring of 2020, according to the National Retail Federation.
Aisle Talk Week Of May 10, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of April 26, 2021 covered in the SGB Updates and delivered to your inbox every business day. This week’s Ambassador Athlete is Lauren Spaulding
Yeti sponsored athlete, Mother and “breaking records in Hawaiian open-ocean paddling, qualifying for, and competing in the Olympics.
Yue Yuen Sees 27 Percent Sales Gain In First Quarter
Yue Yuen recorded revenue of $2,493.3 million in the three months ended March 31, 2021, representing an increase of 26.6 percent compared to revenue of $1,969.5 million in the same period of 2020. The increase in revenue was attributable to increased orders amidst the ongoing recovery of global demand for the Group’s products and an increase in production efficiency, on top of a low-base effect due to the COVID-19 pandemic in 2020.
Base Performance To Sponsor U.S. Triathlon Teams
USA Triathlon announced that Base Performance, based in Boulder, CO, will serve as the exclusive custom cycling kit for members of the 2020 U.S. Olympic and Paralympic Triathlon Teams that will compete in this summer’s Tokyo Games.
IHRSA Commends Introduction Of GYMS Act
The Community Gyms Coalition (CGC) and IHRSA applauded the bipartisan introduction of the GYMS Act in the Senate by Senators Tammy Duckworth (D-IL) and Jerry Moran (R-KS). The GYMS Act would provide direct support to rebuild the fitness industry.
Gregory Sales Show Slight Decline In Q1
Samsonite International reported net sales on a currency-neutral basis in the first quarter slid 3.6 percent for the Gregory brand and fell 29.8 percent for High Sierra.
PHIT Act Reintroduced In House
The Personal Health Investment Today Act (PHIT) has been re-introduced in the House as H.R. 3109 by Congressman Ron Kind (D-WI), along with Representatives Mike Kelly (R-PA), Terri Sewell (D-AL) and Darrin LaHood (R-IL) as co-sponsors. SFIA issued a statement endorsing the legislation.
Dillard’s Sales Rebound In First Quarter
Dillard’s, Inc. reported a profit against a loss in the first quarter ended May 1 as sales surged 73 percent against the pandemic-depressed year-ago quarter.
Nike To Require Headquarter Employees To Work Three Days A Week In Office
Nike will require employees in its U.S. headquarters in Beaverton, OR work three days a week in the office, with the option to work up to two full days remotely.
Iconix Brand Group’s Sales Slide In First Quarter
Iconix Brand Group, Inc. reported revenue was $23.6 million in the first quarter, a 15 percent decline, compared to $28.0 million in the first quarter of 2020.
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