The repurchase program does not require purchasing any minimum number of shares and may be implemented, modified, suspended, or discontinued in whole or in part at any time without further notice.
Category: Outdoor
Tilly’s Takes a Shifting Calendar Hit to Second Quarter Sales; Improves EPS Loss to Zero
The calendar shift impact of last year’s 53rd week in the retail calendar, which caused a portion of the back-to-school season’s sales volume to shift into the latter stages of the second quarter from the beginning of the third quarter last year.
Zumiez Gets Q2 Sales Lift From Year-over-Year Calendar Shift and Narrows Net Loss
The company experienced a noticeable acceleration in its sales trend as the second quarter unfolded, with July North America comparable sales increasing in the high-single digits and encouraged about prospects for growth over the remainder of fiscal 2024.
Cotopaxi Opens Store on Boston’s Newbury Street
Located in the heart of Newbury Street, the store was originally a 19th-century schoolhouse before retail.
Arc’teryx to Feature First ReGear Showroom in New Brand Store in NYC
The flagship store will sell new and pre-owned Arc’teryx apparel and gear, with one floor dedicated to its ReBird Service Center, offering product care and repair services.
Kästle USA Appoints Steven Poulin as President and CEO
The Austrian ski brand, founded in 1924, said the timing of Poulin’s hire would accelerate growth as it introduces new categories.
Lands’ End Narrows Q2 Loss as Margins Improve Despite Sales Decline
The company reported that Gross Merchandise Value increased in the mid-single digits year-over-year for the quarter . Net revenue decreased to $317.2 million in Q2, compared to $323.3 million in fiscal Q2 2023.
EXEC: Dick’s SG Tempers Outlook for H2 on Concerns Over Consumer
The largest sporting goods retailer in the country, which just posted 4.9 percent comp growth in the first half of the year, also has concerns about the consumer. As many others have noted in their earnings calls, DKS is clearly seeing something at the store level.
Fossil Group Snags Franco Fogliato as CEO and Board Member
New CEO Franco Fogliato most recently served as president and CEO of Salomon. Before that, he spent eight years working at Columbia Sportswear as CEO of Europe and at Billabong Group and held executive roles at The North Face earlier in his career.
Currex and Powerstep Parent Acquired by Private Investment Firm
Bansk Group has acquired Foundation Wellness, the parent company of the Powerstep, Currex, Foot Petals, Flat Socks, Doctor Hoys, and other branded footcare-focused product companies from Gridiron Capital.
Mad Engine Global Adds Three Leaders to C-Suite
The senior team expands with the addition of Angelina Yagudayev as chief merchandising officer, Christine Bettles as chief financial officer and Gina Cappi as chief creative officer.
EXEC: Nordstrom Family Offers Path to Take Namesakes Retailer Private
A real deal to go private is finally on the table at Nordstrom Inc., with family members Erik Nordstrom and Pete Nordstrom at the center of a proposed $3.76 billion deal.
EXEC: Sportsman’s Warehouse Lowers Outlook as Q2 Hurt by Tight Inventories
Company CEO Paul Stone said they ran inventory too low in the first half of the year and did not invest in the right amount of inventory, particularly in core products and did not invest in the right amount of inventory, particularly in core products.
Dick’s Sporting Goods Lifts Full-Year Guidance After Strong Q2 Results
Comparable store sales growth came in at 4.5 percent y/y, on top of the 2.0 percent y/y comp store sales growth in the year-ago Q2 period. Six-month year-to-date comps were up 4.9 percent y/y through August 3.
Protest Sportswear Inks NA Distribution Deal with Momentum Distribution
With Momentum Distribution’s over 25 years of experience, Protest Sportswear noted that the company had played a key role in the success of Vans, Arena and Descente.
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