EXEC: Giant Group Posts 20 Percent Sales Decline in First Quarter
The Giant Group reported monthly revenues for March 2024 fell in double digits once again, declining 17.4 percent to NT$7.12 billion, representing a moderation from a sharp 27.2 percent crash in February.
NRF Promotes Adam Lukoskie to Senior VP
The National Retail Federation promoted Adam Lukoskie, executive director of the NRF Foundation, to also serve as senior vice president of NRF.
The UK Gets a New Surf Shop in Cornwall
UK-based 10 Over Surf Shop is celebrating the grand opening of its concept store in Lantegue Studios in Cornwall, a peninsula to the southwest of Wales in the United Kingdom.
NBDA Appoints Andrew Feenstra First Vice Chair of Board of Directors
The National Bicycle Dealers Association (NBDA) appointed Andrew Feenstra, owner of Cyclesmith Halifax, as the first vice chair of the NBDA Board of Directors.
EXEC: Under Armour’s HR Chief and DEI Leader to Exit Company
Tchernavia Rocker’s departure represents the second female senior executive planning to exit the company in the last two months. Rocker joined UA in February 2019 as chief people and culture officer.
Brixton Taps Former Levi’s, Hurley and Quiksilver Exec as New CEO
Seth Ellison, a 40-plus-year industry veteran of the lifestyle apparel and action sports categories, takes the helm as CEO of the omni-channel lifestyle brand headquartered in Oceanside, CA.
Sportsman’s Warehouse Cuts Board Size to Six Members
Board members Erica Fortune, Gregory P. Hickey and Philip C. Williamson have reportedly notified the Board of Directors of their intent to resign as Board members prior to the company’s 2024 Annual Meeting of Stockholders.
Phaenom Footwear To Debut Globally at Retail Fall 2024
The latest from Full Stack Supply Co, parent of Faction Skis and United Shapes, Phaenom Footwer will be debut globally at retail.
Massimo Group Reports Fiscal Year 2023 Financial Results
Full-year 2023 revenues were up 32.9 percent to $115.0 million on strong sales of powersports vehicles and Pontoon boats.
EXEC: Adidas Gets Another Yeezy Lift in Q1; Increases 2024 Guidance
Adidas now expects full-year 2024 currency-neutral revenues to increase at a mid- to high-single-digit rate in 2024, up from its previous forecast for a mid-single-digit increase. The latest Yeezy drop added revenues of around €150 million and an operating profit of around €50 million in the first quarter.
Head/Tyrolia Hires Wintersports Marketing Coordinator
Natalie Dyksterhouse’s “deep connection to the sport enriches her approach to the role at Head.”
Terence Reilly Rejoining Crocs, Inc. as New President of HeyDude Brand
Terence Reilly will join the Crocs, Inc. executive leadership team on April 29, reportinh to company CEO Andrew Rees. Reilly succeeds Rick Blackshaw who is leaving the company effective immediately.
BRC: UK Retail Sales See Good Recovery in March, Outpacing U.S. Trends
The British Retail Consortium said UK total March retail sales increased 3.5 percent year-over-year in March, cycling growth of 5.1 percent in March 2023. This was said to exceed the 3-month average growth of 2.1 percent and the 12-month average growth of 2.9 percent.
NRF Appears to Promote Two Monthly Sales Trend Reports with Differing Data
March’s core retail sales as defined by the NRF, based on the census data but excluding auto dealers, gas stations, and restaurants, were up 1.1 percent seasonally adjusted from February and up 3.2 percent unadjusted year-over-year.
Big Green Egg Elevates Backyard Experience with Limited Edition Chiminea
In celebration of its 50th Anniversary, Big Green Egg announced the limited release of the Chiminea, with premium ceramics and design and enhanced warmth with Lava Rocks.
