Eoin Comerford Departs Moosejaw CEO Post with Integration into Public Lands
Comerford made the announcement on LinkedIn last week which aligns with the previously announced timeline for consolidating the Moosejaw business into Dick’s SG’s Public Lands retail business based in Pittsburgh, PA.
Amer Sports Prices and Increases New Private Notes Offering
The new size of the offering reflects an increase of $200 million in aggregate principal amount of the Notes from the previously announced offering size of $600 million.
NRF: Import Cargo Continues to Rise Despite Red Sea Disruptions
U.S. ports covered by Global Port Tracker handled 1.87 million Twenty-Foot Equivalent Units, one 20-foot container or its equivalent, in December, the latest month final numbers are available, down 1 percent from November but up 8.3 percent year-over-year, the report indicated.
Newell Brands Sees Q4 Active Outdoor Lifestyle Sales Fall 22 Percent
The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, reported fourth quarter net sales of $2.1 billion, a 9.1 percent decline compared to the prior-year Q4 period, reflecting in part, the impact of category exits and favorable foreign exchange.
EXEC: Thule Group Swings to Fourth Quarter Profit Despite Sales Decline
Net sales for the fourth quarter were down 5.6 percent in currency-neutral terms. The company said the expected sales decrease in RV Products, driven by a slower period for the RV industry, had a significant negative impact on the quarter.
Huk Performance Fishing Apparel Introduces Mossy Oak Stormwater Pattern
The Mossy Oak Stormwater pattern represents what every fisherman respects—stormy waters, choppy seas, swirling gray skies, and charging swells.
Shein to Expand U.S. Presence with Seattle-Area Office
The company anticipates hiring over 50 employees in logistics and distribution to work from the new space by the end of 2024.
EXEC: Fledgling Activewear Brand Has a Less Than Perfect Moment in IPO Effort
Perfect Moment, whose PMNT ticker symbol would be better for a Buy Now, Pay Later company than an active apparel company, fell throughout the day after Thursday’s debut, close down 13.3 percent to $5.20 at the close.
MasterCraft Narrows Full-Year Guidance as Boat Market Outlook Weakens
The decrease in net sales was reportedly due to lower unit volume and an increase in dealer incentives, partially offset by higher prices and favorable mix and options.
EXEC: Mips Sees Bike Helmet Market Starting to Recover
The Swedish helmet technology provider saw sales declines moderate quite a bit in the fourth quarter as the company sees the bicycle helmet category was posting growth again but upside there could not overcome the sharp decline in the motorcycle business.
Tractor Supply Comps Down 4.2 Percent in Q4 as Net Income Declines
Fourth quarter net sales decreased 8.6 percent to $3.66 billion, compared to $4.01 billion in the fourth quarter of 2022. The company said the prior year’s fourth quarter included an extra sales week as part of the company’s 53-week calendar in 2022
Puma Appoints Julie Legrand to Lead Global Brand Strategy
Legrand brings 20 years of experience in marketing and brand management to the role. Most recently, she worked as H&M’s global brand director. She also held senior positions in marketing and brand at Procter & Gamble.
Lightspeed Announces Third Quarter 2024 Financial Results
Total revenue of $239.7 million grew 27 percent year-over-year and surpassed previously established outlook.
EXEC: Ahead, Craft, Cutter & Buck Parent Posts Sales and Profit Declines in Q4
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson AB, reported that fourth quarter net sales declined 3 percent to SEK 2,735.9 million from SEK 2,815.1 million in Q4 last year.
Equinox Golf Resort & Spa Names General Manager
With a career spanning over two decades working at luxury hotels worldwide and in NYC, the Equinox Golf Resort & Spa appointed Maurizio Bonivento as general manager.
