EXEC: Tilly’s Shreds It and Zumiez Eats It with Fiscal Q1 Performances
EXEC: Authentic Solidifies Position as No. 2 Global Licensor as Company Heads Toward IPO
EXEC: Sportsman’s Warehouse CEO Talks Q1 Category Details as Retailer Beats Estimates
EXEC: Oboz and Rip Curl Parent KMD is Latest Company to Launch Strategic Business Review
EXEC: Rip Curl and Kathmandu Drive KMD Brands Higher Despite Oboz Weakness in Fiscal Q3
SGB Update
Kona Bicycles Promotes Charles Russell to President and CEO
The company said the planned leadership transition reflects a long-term investment in Kona 3.0 and the brand’s future. Charles Russell initially joined Kona in spring 2025 as chief revenue officer and now replaces co-founder Jake Heilbron.
Tersus Solutions Expands Denver Footprint, Makes Leadership Additions
Tersus Solutions reported in a media release that it is “entering its next phase of growth, with an additional facility on its Denver campus dedicated solely to footwear, a new Topo Designs partnership and an enhanced leadership team.”
EXEC: UK’s Crew Clothing Opens Shop at Voisins Department Store in New Jersey
British lifestyle brand Crew Clothing opened a new retail space within Voisins Department Store in New Jersey, featuring a men’s section with heritage rugby shirts, polos, Oxford shirts, and knitwear.
Switchback Adds Three Outdoor Industry Pros to Event Management Rosters
The sister event to The Running Event (TRE) focused on outdoor industry business and education has added Joe Jackson as marketing manager, while Amelia Arvesen has been named editor of Trailheads, and Ryan Nettleton joins as sales manager.
GSI Outdoors Appoints Shawn Hostetter as CEO
Following the recent announcement that its original founders have reacquired the company, GSI Outdoors has named outdoor industry veteran Shawn Hostetter as its new chief executive officer, effective immediately.
SGB Executive
EXEC: Tilly’s Shreds It and Zumiez Eats It with Fiscal Q1 Performances
Shares of Tilly’s, Inc. jumped 18.6 percent on Thursday, June 4, after reporting one of its strongest quarters to date, while competitor Zumiez saw shares collapse ~24percent in late-afternoon trading on Friday as the action sports retailer offered weak guidance amid signs of a pullback in discretionary spending.
EXEC: Authentic Solidifies Position as No. 2 Global Licensor as Company Heads Toward IPO
The company lags only Disney in its licensing prowess. S&P Global Ratings raised the company’s debt ratings, noting that the brand management and licensing firm has expanded revenues and EBITDA at a compound annual growth rate of about 20 percent over the last five years while maintaining its debt leverage levels despite several major acquisitions.
EXEC: Sportsman’s Warehouse CEO Talks Q1 Category Details as Retailer Beats Estimates
Net sales for the first quarter were $256.1 million, a 2.8 percent increase versus the Q1 period last year. The increase was seen as a 1.2 percent beat against Wall Street’s 1.6 percent growth estimate. An Adjusted EPS loss of 39 cents per share was a 33 percent beat versus analyst estimates for a 58 cents Adjusted EPS loss.
EXEC: Lenzing AG Promotes Kasperkovitz to CEO
Australia’s Lenzing AG promoted Georg Kasperkovitz to CEO. Kasperkovitz will assume this role in addition to his current function as chief operations officer (COO). He succeeds Rohit Aggarwalm who resigned from the fiber maker for personal reasons in January.
EXEC: Arc’teryx to Open First Store In Denmark
Arc’teryx plans to open its first retail store in Copenhagen, Denmark, next month, as part of the company’s push to open 25 to 30 new stores this year.
