Amer Sports Makes Key Leadership Changes; Expands Global Leadership Team
Guillaume Meyzenq has been appointed new president and CEO for Salomon and Michael Hauge Sørensen returns to former role as advisor to Board of Directors. The Global Leadership Team was expanded to support company’s next phase of growth.
EXEC: Wilson Sports Business Returns to Double-Digit Growth in Q3; Bolsters Owned Retail
Wilson’s marquee racquet sports franchise and the small but fast-growing softgoods segment were reported to lead the return to double-digit growth. Inflatable balls and golf also reportedly returned to growth in the third quarter.
EXEC: Salomon Gets New CEO as Growth Moderates in Q3 on Weaker Equipment Business
By region, strong growth in Greater China and APAC was said to be partially offset by slower sales in EMEA and North America. The company expects to end 2024 with approximately 200 Salomon stores in China, with the opportunity to grow to several hundred locations over time in just Tier 1 and 2 cities.
Evergreen Outdoor Group Adds Partner Covering Pacific Northwest
Erik Walcott and Sara Zuchetto will now partner on the Evergreen Outdoor Group business, representing current brands including Chrome, Fits Socks, Free Fly, Kizik, and Oboz.
Nordstrom Sets Fall 2025 Plan for Rack Store in Lakeland, FL
The 30,000-square-foot store will be in Lakeside Village, a shopping center that includes Kohl’s, Books-A-Million, Belk, and entertainment options, including CMX Cinemas. Lakeside Village is owned and managed by Continental Realty Corporation.
Former NSGA Board Chairman Craig Koenig Passes Away
Koenig served on the NSGA Board of Directors from 1985 to 1992 and was Chairman from 1990 to 1991. As the Chairman and CEO of the Cleveland, OH-based family business Koenig Sporting Goods, Koenig oversaw the company’s growth from two stores in the late 1960s to an independent retail chain of 40 stores in the 1990s.
EXEC: Arc’teryx Outperforms Once Again in Q3 Despite Tough 2023 Comps
Direct-to-consumer remains the brand’s core growth engine, but Arc’teryx also reported strength in the Wholesale channel, which grew 26 percent. U.S. Wholesale was reportedly a standout for the quarter, especially for Arc’teryx.
Swiftwick Hires Nike Vet as Sales Manager, Run Specialty
James Osborne, who has worked as a sales and community consultant for the company since earlier this summer, was hired full-time as sales manager for run specialty. He will remain a co-owner of The Exchange Running Collective with his wife who will manage day-to-day operations.
Hartford Sales Group Celebrates 40 Years as Indie Sales Agency
The company, founded in October 1984 by Larry Hartford, cut its teeth on new brands launching in the market. Hartford started his footwear and apparel sales career ten years prior, representing Tred2, Brooks, Court Casuals and many others in the active outdoor space.
Report: Private Golf Clubs are Vital Contributors to National and Local Economies
The study found that private clubs provided a total payroll of $17.4 billion in 2023, with $14.6 billion in wages and $2.8 billion in payroll taxes and benefits, surpassing large corporations.
EXEC: Amer Sports Sees Sharp Contrast Between West and East in Q3; Provides China Update
Amer Sports, which is majority owned by its China retail partner, highlighted on its conference call with analysts that while other consumer companies faced challenges in Greater China in Q3, Amer generated 56 percent growth in the region, continuing to “well outperform the market.”
EXEC: Scottish Retail Industry Urges Consumers to be Considerate this Christmas Season
Scotland’s retail trade association and its trade union for retailers have joined together this holiday season to encourage more “considerate” Christmas shopping in 2024.
Survey: Consumers Expected to Spend $125 Billion Over Thanksgiving Weekend 2024
ICSC said 90 percent of consumers – or 236 million people – plan to shop based on the results from the 2024 Thanksgiving Weekend Intentions survey.
Puma Mostro Continues to Trailblaze in Candy Colors
Puma introduced the Mostro in 1999. The latest iteration comes in two candy-hued colorways,Electric Lime and Lavender, accenting textures and details, including studded outsole and mesh upper.
Adidas Originals and Bape are Back with Orketro
Drawing on the attitude of the 2000s and the company’s combined influence on pop culture, the Adidas Originals and Bape take on the Orketro sneaker, which features contrasting three stripes on the left shoe and a Bape STA on the right.
