OrthoLite Subsidiary Cirql Launches Recyclable Cirql rTPU30 Midsole
“Cirql represents not only an entirely new product and patented foaming process for OrthoLite it also is an opportunity to minimize waste and pollution on a wide scale across all footwear.” —Matt Thwaites, Vice President and General Manager, Cirql
Eagle Claw Fishing Tackle, Co. Names New Chairman
Outgoing Eagle Claw Fishing Tackle Chairman Lee McGill made the decision to step aside, effective April 9, naming Drew McGill as chairman of the Board of Directors from his most recent role as Vice Chairman.
Cotopaxi Names New CFO/COO as Roles Shift in Top Company Leadership
Lindsay Shumlas, formerly with Manhattan Beachwear and Vici, joins the company in a new combined CFO and COO role, a first for the company. Co-founder Stephan Jacob moves into the new role as chief technology and business development officer.
Nordstrom Family Members Look to Take Namesakes Retailer Private Again
The company’s CEO, Erik Nordstrom, and president, Pete Nordstrom, notified the Board of their interest in pursuing a potential transaction pursuant to which Nordstrom would become a private company.
Kent Outdoors Hires Rob Otto as CFO
Founded in 1959 in New London, Ohio, Kent Outdoors is a diverse platform of outdoor brands with a broad product set spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards, and more.
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.
