On Linkedin, Eoin Comerford, Moosejaw’s CEO, wrote an open letter to the outdoor industry asserting that the development of the Premium Outdoor Store on Walmart was done in the spirit of “inclusivity” and he’s “surprised by the vehemence of the attacks by some of our industry’s leading retailers and the threats to drop brands that participated.”
Author: sportsoneauthor
Journeys Powers Genesco Ahead In Q2
Driven by huge gains in revenues and profitability at Journeys, Genesco Inc. reported the company’s first positive store comp in eight quarters while posting a surprise profit in the second quarter. Said Bob Dennis, Genesco’s CEO, “Despite lapping positive comparisons when Journeys successfully emerged from the fashion shift a year ago.”
Aisle Talk Week Of September 3
Top headlines from the active lifestyle industry you may have missed this week, including the tragic death of Jason Hairston, the founder of the KUIU hunting apparel brand.
Zumiez Q2 Gets Boost From Vans
Zumiez delivered the company’s “strongest second quarter in several years,” according to Rick Brooks, CEO, with a big boost from Vans.
OBIT: KUIU Founder Jason Hairston
Jason Hairston, the founder of the KUIU hunting apparel brand, has died. He was 47.
Genesco Returns To Positive Comps
Genesco Inc. reported a surprise profit in the second quarter as the company showed the company’s first overall positive store comp in eight quarters. The comp gains were led by Journeys Group, up 10 percent and Johnston & Murphy, 8 percent. Lids’ comps were down 5 percent but improved sequentially versus the first quarter.
Vista Outdoor Appoints VP Of Investor Relations
Vista Outdoor Inc. announced that the company has named Kelly Reisdorf to serve as vice president of investor relations.
Lew’s Holdings Appoints CEO
Lew’s Holdings Corporation, a leading supplier of branded fishing and hunting gear and accessories, announced that Ken Eubanks has been promoted to chief executive officer. Gary Remensnyder will remain involved in the business as a member of the company’s board of directors.
Augusta Sportswear Signs Paralympian As Newest Ambassador
Augusta Sportswear has signed Scott Winkler, a paralympian who has set records in the shot put, as a brand ambassador.
G-III Apparel Q2 Boosted By Donna Karen And Tommy Hilfiger
Driven by sales more than doubling for Donna Karan/DKNY and 60 percent growth for Tommy Hilfiger, G-III Apparel Group Ltd. reported second-quarter results that came out well ahead of guidance.
Alterra Mountain Acquires Crystal Mountain Resort
Alterra Mountain Company announced that the company has entered into an agreement to purchase Crystal Mountain Resort in Washington.
Champion Launches First-Ever ESports Partnership
Team Dignitas, the esports franchise of the Harris Blitzer Sports & Entertainment portfolio, announced a multi-year partnership with Champion Athleticwear, marking the brand’s first esports team and franchise partnership and foray into the esports ecosystem.
OIA Names State And Local Policy Director
The Outdoor Industry Association (OIA) announced that David Weinstein will lead close-to-home recreation advocacy as the company’s state and local policy director.
Zumiez Q2 Handily Beats Guidance
Zumiez Inc. reported earnings of $4.4 million, or 17 cents a share, rebounding from a loss of $0.6 million, or 2 cents, in the second quarter of the prior fiscal year. Earnings came in well ahead of company guidance calling earnings between 4 cents and 9 cents.
Amer Sports Puts Mavic Under Strategic Review
Amer Sports Corp. said the company has decided to place the Mavic cycling business under strategic review as part of an update on the company’s business strategy.
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