Clarus Corp., the parent of lack Diamond, Sierra and PIEPS, promoted John Walbrecht to president. Walbrecht has been with Clarus for nearly 18 months, serving as president of the company’s Outdoor Group.
Category: Apparel
Yue Yuen’s Revenues Climb 18 Percent in February
Yue Yuen reported revenues of $691.0 million against $584.9 million in the same period a year ago, representing a gain of 18.1 percent.
Art Gun Acquires DTG2Go Business
Delta Apparel Inc. announced that Art Gun, LLC, its wholly-owned subsidiary, has acquired substantially all of the assets of TeeShirt Ink Inc. d/b/a DTG2Go, a premium provider of digital, direct-to-garment printed products.
Nordstrom Announces Investments In Digital Technology
Nordstrom closed deals to acquire two retail technology companies: BevyUp, the innovators behind a digital selling tool, and MessageYes, a platform rooted in conversational commerce.
Fisher + Baker Bolsters National Retail Strategy With New Hire
Fisher + Baker, a boutique menswear brand, has hired Jessica Rush as senior account executive.
Retail Jobs Increased By Over 46,000 in February
Retail industry employment increased by 46,400 jobs in February over January, the National Retail Federation said. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 313,000 jobs, the Labor Department said.
Academy Sports Appoints General Counsel
Academy Sports + Outdoors appointed Rene Casares as its senior vice president, general counsel and secretary. Casares, 42, joined Academy in July 2013 as senior director, associate general counsel and assistant secretary, and was promoted in March 2016 to vice president, associate general counsel and assistant secretary. Prior to Academy, Casares served as an associate attorney […]
Ibex Finds A Buyer
Ibex, which ceased operations last November, has been sold to Flour Fund, a New York-based group led by David Hazan, a marketing expert.
Bass Pro Provides Update On Cabela’s Future In Sidney, NE
In a note to the media on Thursday, Bass Pro said 680 of Cabela’s corporate employees had applied for a voluntary buyout plan and that 290 would be leaving the company this week. A full-page ad in the Wall Street Journal also went out to support Bass Pro’s goal of donating any unused space in Cabela’s offices to bring jobs to the city of Sidney, NE. Full details here.
Dorel Sports Returns To Growth In Q4
”Despite a continued weak global bicycle market, Dorel Sports grew its top-line in Q4 improving considerably from the third quarter driven by strong performance in Cycling Sport Group (CSG)’s international business, and at Caloi,” said Martin Schwartz, CEO of Dorel Industries.
Aisle Talk, Week of March 5
Top headlines from the active lifestyle industry you may have missed this week.
Bass Pro Provides Details On Cabela’s HQ Buyouts
Bass Pro said Thursday that 290 Cabela’s employees located in Sidney, NE will leave the company this week as part of a voluntary buyout program. Another 390 former Cabela’s employees also applied for buyouts, but no immediate action will be taken on those.
CODI Sees 2017 Gains for 5.11, Crosman; Liberty Safe Declines
Compass Diversified Holdings (CODI) reported revenues at 5.11 Tactical grew 5 percent and Crosman added 1.1 percent in 2017 while sales at Liberty Safe were down 11.4 percent.
USFIA Statement On Tariff Increases On Steel and Aluminum
The United States Fashion Industry Association in a statement said it expects “widespread net job loss in the United States” as a result of the Trump administration’s move to raise tariffs on steel and aluminum imports.
Newell Brands Announces Board Change
Newell Brands Inc. announced that Kevin Conroy has resigned from the Newell Board of Directors for personal reasons. This change is currently effective.
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