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.
RideNow Group Set to Join Russell 2000 and Russell 3000 Indexes
The powersports dealership group that partners with most major powersports brands said the move is part of the company’s 2026 reconstitution of the Russell U.S. Indexes.
Oboz Footwear Adds Rock Fight Founders to Leadership Team
Oboz Footwear, owned by KMD Brands, appointed Colin True as senior director of wholesale and David Karstad as senior director of brand and marketing. The two industry execs were the founders of The Rock Fight, the outdoor industry podcast that ran from 2022 to early 2026.
EXEC: Sports Direct Opens First Nordic Flagship in Helsinki
UK-based Sports Direct has opened a 30,000-square-foot store at Citycenter Mall in Helsinki, Finland, marking its store opening in the Nordic region following its parent Frasers Group’s acquisition of Norwegian retailer XXL in the summer of 2025.
EXEC: Sea-Doo and Ski-Doo Owner BRP Posts Double-Digit Q1 Revenue Growth
BRP’s North American retail sales were down 7 percent year-over-year for the first quarter. The decrease in retail sales was attributed mainly to lower Snowmobile industry volumes compared with a strong end-of-season last year.
VJ Shoes Shutters U.S. Operations
The Finnish-based maker of trail running, orienteering and obstacle course racing shoes, has closed its U.S. operations.
REI’s Soho Flagship to Close in July
REI’s flagship store in the SoHo neighborhood of New York City will officially close its doors on July 23, earlier than initial expectations, according to Crain’s New York. A new state Department of Labor filing revealed the closure will eliminate 72 jobs.
Bass Pro Shops Plans First Store in New York Metro Area
Bass Pro Shops is planning to open a store in Hicksville, NY, its first store on Long Island and first in the New York Metropolitan area. The Hicksville Bass Pro Shops would be the chain’s only location in downstate New York.
EXEC: Haglöfs Appoints Global Director of Wholesale
Swedish outdoor brand Haglöfs AB appointed Marcus Grönberg as global director of Wholesale.mGrönberg, who is based in Stockholm, will take up his new position effective June 1.
Costco’s Fiscal Q3 Earnings Advance 15 Percent, Comps Jump 9.8 Percent
Costco Wholesale Corp, reported earnings rose 15.3 percent in the fiscal third quarter ended May 10. U.S. same-store sales grew 9.4 percent, or 6.8 percent excluding the impacts from changes in gasoline prices.
EXEC: Oboz and Rip Curl Parent KMD is Latest Company to Launch Strategic Business Review
KMD Brands (Group), the New Zealand-based parent of the Rip Curl, Oboz and Kathmandu brands, is the latest to commence a strategic business review, with the purpose of “delivering improved returns for shareholders.”
EXEC: Dick’s SG Scores Stock Upgrade, Price Target Hikes Post-Earnings
The parent of Dick’s and Foot Locker secured a ratings upgrade from J.P. Morgan and saw several price-target hikes by other Wall Street firms after the retailer reported first-quarter results ahead of targets. The report left many analysts more convinced that Dick’s legacy business is retaining its momentum and that Foot Locker is on the path to recovery.
EXEC: MEC Opens First Permanent Gear Swap Store in Canada
Canadian outdoor retailer MEC is opening its first permanent MEC Gear Swap retail concept store as part of a broader refresh of its Kelowna store in British Columbia.
Wolverine Worldwide’s Debt Ratings Upgraded
Moody’s Ratings upgraded Wolverine World Wide, Inc.’s debt ratings due to the company’s”improved operating performance, leverage and liquidity, supported by the turnaround in its two largest brands, Merrell and Saucony.”
