UYN Secures Rocky Mountain Sales Representation
UYN Sports, a maker of sustainable apparel, footwear and accessories based in Italy, named Granite Marketing its sales agency of record for the Rocky Mountain region.
Saris Resets Sales Team Following Bankruptcy Auction Sale
Saris Cycling Group, the manufacturer of bike racks and trainers, overhauled its sales team following the sale of the company last October to C+A Global at a bankruptcy auction.
Report: Birkenstock IPO Estimated at $8 Billion Valuation
L Catterton, Birkenstock’s private-equity owner, is looking to take the Germany-based footwear manufacturer public in September in the U.S. at a valuation of more than $8 billion, sources told Bloomberg.
Lazydays RV’s Q2 Revenues Slide 17 Percent
Lazydays RV reported a sharp decline in profits in the second quarter ended June 30 as sales in the period fell 17.4 percent, to $308.4 million from $373.6 million in the second quarter of 2022.
Patagonia to Open Store In Charlotte
Patagonia will open a store in Charlotte, NC at the Design Center in the South End section of the city.
REI to Open Store in Albany
REI signed a ten-year lease at Crossgates Mall in Albany, its first store in New York’s capital region.
Canada Goose Expands Generations Resale Program to Canada
The company’s expansion of its resale company comes as the company reported in its ESG Report that it saw a nearly 45 percent year-over-year reduction in carbon footprint by investing in global renewable energy credits.
BRC: Britain Loses 6,000 Storefronts Over Last Five Years
Crippling business rates and the impact of the COVID lockdowns were said to be a key part of decisions for retailers to close stores and think twice about new openings, according to recent analysis by the British Retail Consortium.
Cane Creek Cycling Components Hires Two New Leaders
Cane Creek Cycling Components expanded its internal sales group (ISG), hiring Stephanie Bush as supply chain leader and Lev Weschler as an engineering manager to support riders, bike shops and dealers across the U.S.
Safilo and Fossil Renew Eyewear License Through 2028
Initially offered as a North American ophthalmic exclusive, the Fossil eyewear collection has evolved over time to include sunglasses and expansion outside the U.S.
EXEC: Sebago Parent BasicNet Sees Net Profit Drop in H1; Royalties Decline
Royalties from commercial and productive licensees declined 6.4 percent to €32.7 million. Direct sales grew versus the same period in 2022 partly due to the contribution of K-Way France S.a.s, acquired in April 2022, but corresponding royalties from the French subsidiary decreased.
EXEC: Pou Sheng H1 Profits Surge as China Retail Recovers Post-Lockdown
While its parent company was busy warning investors about a sharp decline in profits for the first half tied to a contracting manufacturing business, Yue Yuen’s retail subsidiary was providing good news for the half in a pre-announcement of its own.
EXEC: Clif Bar Continues to Improve Profitability Under New Owner
Mondelez International said its recently-acquired Clif Bar business continued to improve profitability in the second quarter with the help of higher prices amid “robust” sales growth and as Clif Bar recently overhauled its management team, including the exit of CEO Sally Grimes.
Report: Off-Price and Children’s Well-Positioned for BTS Foot Traffic Surge
Following a lull in April and May, the 2023 back-to-school season is giving retail, and especially the wider apparel segment, a major boost, according to new data from Placer.ai.
Vista Outdoor Appoints CFO and General Counsel for Sporting Products Company
Vista Outdoor, Inc. named Andy Keegan as CFO of its Sporting Products segment. Jeff Ehrich becomes general counsel and corporate secretary of Sporting Products.
