O’Neill Opening Brand Store in Honolulu with Hawaiian Island Creations
The flagship store, on Kalākaua Avenue in Honolulu, HI, joins eleven other Hawaiian Island Creations store locations on Oahu and more across Maui and the Big Island.
Honey Stinger Appoints Another New CEO
Most recently, John D’Alessandro was chief marketing officer for Nutraceutical Corporation where he was credited with orchestrating the development of over 35 brands.
Nordstrom, Inc. to Add Another Rack Store in New Jersey
The 26,000-square-foot store will be located in Manalapan Commons, a shopping center that includes Best Buy, Panera Bread, Five Below, PetSmart, and Raymour & Flanigan.
EXEC: Shimano Inc. Confirms California Lawsuit Plaintiffs Seek Class Action Status
The lawsuit was filed in the U.S. District Court in California against its subsidiary, Shimano North America Holding, Inc. as well as the three bicycle manufacturers – Specialized Bicycle Components, Inc., Trek Bicycle Corporation and Giant Bicycle, Inc.
Lacoste Names New Head of Finance
Philippe Gautier returns to Paris and assumes the role of executive vice president of Finance for Lacoste from Denis Lamoureux who has been in the position since 2017.
Perfect Moment Closes Its Initial Public Offering
Perfect Moment, Ltd. closed its initial public offering of 1,334,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of approximately $8 million.
Columbia’s Omni-Heat Infinity To Support U.S. Return to the Moon
“Our ongoing partnership with Intuitive Machines has the potential to drive even more innovation for our brand.”—Joe Boyle, Brand President, Columbia Sportswear
Wiley X to Assemble New Products in Frisco, TX Headquarters
“By bringing assembly of new products under our own roof we’re taking even greater control of the manufacturing process.”—Myles Freeman, President and Co-Owner, Wiley X
Report: January Year-Over-Year Retail Sales Trend Accelerates from December Trend
January sales were up in six out of nine retail categories on a yearly basis, led by online sales, health and personal care stores and clothing and accessory stores, and up in five categories on a monthly basis.
Fly Fishing Community Mourns the Loss of Legendary Angler Cathy Beck
Beck was a master angler and considered a pioneer in fly fishing instruction. She leaves an “indelible mark on enthusiasts worldwide” for her unwavering dedication to the sport and anglers worldwide.
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.
