Duluth Holdings Inc. (dba, Duluth Trading Company) on Thursday announced the grand opening of the company’s 43rd store in Greensboro, NC. The store is located at 5400 Hornaday Road, Greensboro, NC, 27407.
Author: SGB Media
Pentland Brands Appoints CFO
Pentland Brands Limited announced the appointment of Katrina Nurse as the company’s new chief finance officer.
Amer Sports Profits Jump In Q3
Amer Sports reported earnings in the third quarter jumped 47.0 percent as sales gained 8.5 percent. The gains were led by the Outdoor segment which saw sales expand 12 percent on a currency-neutral basis. The Ball Sports segment was ahead 4 percent and Fitness segment was flat.
Puma Slightly Lifts Full-Year Guidance On Q3 Beat
Puma reported net earnings rose 24.8 percent in the third quarter as sales grew 14 percent on a currency-neutral basis. The gains were driven by double-digit growth in the Americas and Asia/Pacific regions.
Wall Street Journal: Berkshire Partners Considering Sale Of Implus
Berkshire Partners is exploring a sale of Implus LLC, the parent of Sof Sole, Balega, SKLZ, Triggerpoint and a number of other brands in the accessories space, the Wall Street Journal reported. Berkshire has hired Robert J. Baird and Jefferies LLC to run an auction that could value Implus at about $1 billion, the article said.
Callaway Golf’s Q3 Earnings Jump Three-Fold
Callaway Golf lifted the company’s guidance for the year after reporting that third-quarter earnings more than tripled on improving gross margins and an 8 percent revenue gain.
New Era Signs Donovan Mitchell And Jayson Tatum
New Era Cap has added Donovan Mitchell of the Utah Jazz and Jayson Tatum of the Boston Celtics as ambassadors.
U.S. Polo Assn. Eclipses Milestone Of 1,000 Retail Stores
USPA Global Licensing Inc. (USPAGL), the official licensing arm and national broadcaster of the United States Polo Association (USPA), announced that U.S. Polo Assn. has surpassed a major milestone by opening approximately 1,050 monobrand retail stores globally.
Fila Signs NBA Hall of Famer Grant Hill To Lifetime Deal
Fila announced that the company has signed a lifetime deal with Grant Hill. More than two decades after he first joined the Fila family, the brand is reuniting with the NBA Hall of Famer.
Columbia Extends UTMB Trail Running Sponsorship
Columbia Sportswear has announced a three-year extension of the company’s partnership between the Columbia brand and the Ultra-Trail du Mont-Blanc (UTMB).
Peak Resorts Pre-Season Pass Sales Grow 22 Percent
Peak Resorts Inc., a Wildwood, MO-based owner and operator of U.S. ski resorts, on Wednesday reported that through October 19, pre-season sales of the company’s 2018/2019 Peak Pass increased 19 percent on a unit basis and 22 percent on a revenue basis, compared to the prior year.
Hayes Performance Systems Acquires Reynolds Cycling LLC
Hayes Performance Systems representatives announce the acquisition of Reynolds Cycling LLC, maker of premium carbon wheels. Financial terms of the deal were not disclosed.
John Lacy Named Co-CEO Of Burton With Donna Carpenter
Burton on Wednesday announced that the company’s current president, John Lacy, will now share the CEO role with Burton’s co-owner and current CEO, Donna Carpenter. The new co-CEO structure is a natural evolution for Carpenter and Lacy, who have run Burton in partnership for nearly three years.
Garmin Opens Olathe Campus Expansion
Garmin opened the first phase of the company’s facility expansion at the company’s North American headquarters in Olathe, KS.
Shimano’s Profits Expand 3.2 Percent In Nine Months
Shimano Group reported that net sales in the first nine months increased 3.2 percent from the same period of the previous year to ¥253.9 billion. Operating income increased 2.7 percent to ¥47.8 billion, ordinary income increased 35.2 percent to ¥54.8 billion and net income increased 42.4 percent to ¥40.0 billion.
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