The parent company of the Arc’teryx, Salomon, and Wilson Sports businesses, among others, raised its full-year sales and earnings guidance based on its strong Q2 results. The Wilson brand returned to growth, Salomon footwear posted DD growth and Arc’teryx continued its 30 percent-plus growth.
Category: Apparel
Ashworth Golf Appoints Andy Bell as CEO
As CEO, Bell will focus on further elevating the brand’s market share and bolstering product lines and innovation to meet golfers’ evolving needs.
Summit Golf Brands Hires Chief Marketing Officer
Thomas De Stio, as chief marketing officer, will oversee e-commerce and marketing strategy for its B. Draddy, Zero Restriction, Fairway & Greene, and EP New York brands.
EXEC: Rip Curl and Oboz Parent KMD Brands Saw Improved Fiscal Q4 Trends
Despite a double-digit sales decline for the year, the company highlighted the improvement in the business throughout the year after first-half sales fell 14.5 percent and Q3 sales declined 11.1 percent, but Q4 saw a significant moderation in the declines to slide 5.0 percent for the May through July period.
EXEC: A Look Ahead at Amer’s Q2 Results as Weak China Retail Worries Market
Amer Sports Inc. will report Q2 results tomorrow morning and investors are hoping against hope that the slowdown in China did not have an outsized impact on the company’s performance in the period, and the Arc’teryx brand in particular, which relies heavily on the Greater China market for revenue.
Gold’s Gym Opens in Georgetown
Gold’s Gym D.C. Metro, owners of the 25,000-square-foot facility in Georgetown Park, plan to continue to grow tGold’s Gym in the D.C. area with 24 gyms open by 2030.
Club Ride Apparel Adds Sales Management Chief, New Agencies
Most recently, Terry Duran worked for Kona Bicycle Company after a six-year stint at Norco Bikes as U.S. sales manager and three years as national sales manager at Wilier Triestina. He has also worked with Scott Sports and Cannondale.
EXEC: Why is Nike Back in Play on Wall Street?
There may be some light at the end of the tunnel for Nike investors after NKE shares tallied their longest winning streak in over eight years, pushed higher by a range of actions.
EXEC: Li Ning Company First Half EPS Declines Despite Revenue Growth, Margin Expansion
Li Ning Company Limited reported its overall performance remained stable with pragmatic growth in the 2024 first half (H1) period. Revenue amounted to RMB 14,345 million in H1, an increase of 2.3 percent
Guess?, Inc. Announces CFO Transition
Dennis Secor has been appointed interim chief financial officer of Guess?, effective August 26, 2024. He succeeds Markus Neubrand, who is stepping down to pursue another opportunity
Adidas America Faces OSHA Penalties for Ongoing Hazards at New York DC
Adidas America, Inc. has 15 business days from the receipt of the citations and penalties to comply, request an informal conference with OSHA’s area director or contest the findings before the independent Occupational Safety and Health Review Commission.
Rally House Expands Store Count in Cleveland
The retailer opened its doors to Rally House Shops of Mentor, its 13th in the Cleveland metro area.
Stance Appoints David Tichiaz as Chief Executive Officer
Stance Co-Founder John Wilson will remain with the company as an advisor. Tichiaz joined Stance in 2023 as president after a 15-year career at Vans.
Pvolve and Vuori Build on Successful Partnership
The company’s announced an expansion of their partnership through a nationwide Pvolve x Vuori tour and the introduction of Pvolve-branded Vuori products to appear in Pvolve studios later this year.
Start Your Engines. Tillys Collaborates with Nascar
Tillys reported that it was inspired to create the collection by the widespread interest in racing culture and trends in racing jackets, sport graphic tees, and other racing-centric apparel.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal