Nordstrom, Inc. announced plans to open a new Nordstrom Rack in Tarzana, California in fall 2024. The store will mark Rack’s 65th store in California.
Author: SGB Media
Gunstores.com Hires New VP of Business Development
Gunstores.com hired Eric Wille as its new vice president of business development. Wille comes to the firearms marketplace after serving in various leadership roles at Orchid, Gearfire and AcuSport.
Rally House Opens Second Colorado Location
Rally House has opened its second storefront in Colorado with Rally House Alcove on Arapahoe in Boulder.
Adidas, League One Volleyball Ink Multiyear Partnership
Adidas is expanding its footprint in volleyball with a multiyear partnership with League One Volleyball (LOVB), the largest youth volleyball business in the U.S., with a pro women’s league launching in November.
Kith Opens Kids Flagship Store in Dumbo
Kith opened a Kith Kids flagship store in the historic Dumbo neighborhood of Brooklyn, marking the second Kith Kids flagship and the third Kith flagship in Brooklyn.
Consumer Sentiment Falls to 7-Month Low
University of Michigan Survey Director Joanne Hsu stated, “While consumer sentiment declined this month, the 3.5 Index point dip is relatively minor in the grand scheme. That decline is within the margin of error for the survey.”
Yeti Opens Store In Kansas City
Yeti opened a store in Leawood, KS, a suburban community in the Kansas City metro area. The location is Yeti’s first in Kansas and 21st overall in the U.S.
Report: Under Armour to Begin Move into New Headquarters in November
The space will also include a two-story, 30,000-square-foot Under Armour Brand House store and a two-story, 30,000-square-foot fitness performance center.
Momentec Brands Names Chairman, CFO and SVP of Product Development
Formed out of the merger of Augusta Sportswear Brands and Founder Sport Group, Momentec Brands appointed David Baxter as chairman, Mike Moore as chief financial officer, and Joel Bennink as SVP of product development. Most recently, Baxter was the president of Under Armour for the Americas Region. Bennink spent 13 years at Under Armour, where he led the growth and development across Team, Golf and Curry-branded apparel.
Minnesota State Partners With Nike/BSN Sports
The deal benefits Maverick’s athletic department with preferred team pricing through BSN Sports on Nike uniforms, apparel, footwear, and Jordan brand and program rebates.
New Era Cap Inks Headwear Deal with Team USA
New Era will supply headwear to U.S. Olympians and Paralympians when they make the teams to compete in this year’s Paris Olympics. Team USA’s agreement with New Era Cap is its first product deal with a headwear-focused brand.
G-III Apparel Group Sees Flattish Q1 Sales; Updates Fiscal 2025 Outlook
Performance was said to be driven by double-digit increases in DKNY and Karl Lagerfeld, along with a successful relaunch of Donna Karan, reflecting the company’s commitment to investing in its owned brands.
Unifi Shrinks Q3 Loss on Sales Recovery
Unifi, Inc. lowered its losses year-over-year in the fiscal third quarter ended March 31 as sales for the maker of recycled and synthetic yarns improved 9 percent.
Planet Fitness Lowers Guidance As Sales Weaken
Planet Fitness, Inc. reduced its guidance for both sales and earnings for the year as the first quarter ended March 31 saw a “shift in consumer focus in the New Year to savings and concern over the increase in COVID infections and other illnesses.” The fitness chain also cited the underperformance of an advertising campaign.
RIA Inducts 2024 Run Specialty Hall of Fame Members
The 2024 inductees are Jim Weber, Brooks Running; Colin Peddie, Marathon Sports; and Duncan Finigan, who was an Oofos executive, who passed away on May 26, 2019, from breast cancer.
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