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.
Category: Sports/Fitness
EXEC: A Look Ahead at Amer’s Q2 Results as Weak China Retail Worries Market
Amer Sports, Inc. will report Q2 results tomorrow morning. Investors hope the slowdown in China did not have an outsized impact on the company’s performance in the period, particularly the Arc’teryx brand, which relies heavily on the Greater China market for its 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.
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.
EoS Fitness Hits Key Milestone as it Opens 100th Gym
The new gym also marks the company’s 16th in Nevada and is the state’s first gym to EoS’ CryoLounge recovery platform.
Do U.S Office Workers Really Have a Strong Preference to Work in the Office?
Approximately three-quarters of respondents (73 percent) said they would not consider going into the office if their commute was longer than 45 minutes roundtrip, but many opinions differed based on career position.
Circana: July Retail Sales Reveal a Summer Vacation From Discretionary Spending
Circana said products are prioritized based on need, and financial concerns and competitive product offerings across all channels test brand loyalty.
Galvin Green Introduces Waterproof Dryvr Collection
“Working closely with Pertex and through rigorous testing, we’ve ensured the advanced fabric performs to our exceptionally high standards and are delighted to welcome it into our market-leading Dryvr product range,” —CEO Nicholai Stein
Axil Brands Posts Strong FY Growth, or How to Survive on 73 Percent Gross Margins
Consolidated net sales for the fiscal year ended May 31, 2024 increased 17 percent year-over-year to a record $27.5 million, delivering gross margins of 73.4 percent of sales and operating margins of 68.0 percent for the fiscal year.