Academy Is Opening Two More Stores In Central Texas In F23
Academy Sports and Outdoors, Inc. reported it will open two new stores in Central Texas this fall in Brenham and Kyle, respectively and is on track to open 13-to-15 stores in 2023, with the goal of opening 120-to-140 new stores by the end of 2027.
Wolverine World Wide, Inc.’s Debt Ratings Outlook Lowered
S&P Global Ratings revised its outlook on Wolverine World Wide Inc. due to the footwear company’s recent underperformance and challenging conditions going forward.
Oberalp Group Extends Italian Distribution for Fischer for Five Years, Adds One/Way Brand
The Oberalp Group has been the distribution partner for the traditional Austrian brand Fischer in Italy since 2012 and will remain so until 2028. For the first time, the Oberalp Group has been secured the distribution rights of the One/Way brand, which is also owned by Fischer Sports.
Thule Group Appoints New CFO
Thule Group appointed Toby Lawton as chief financial officer and a Group management team member based at its Headquarters in Malmö, Sweden. Lawton will assume his position latest in January 2024.
Camping World Names Chief Administrative and Legal Officer
Camping World Holdings, Inc. promoted Lindsey Christen to chief administrative and legal officer. Most recently, Christen was the company’s executive vice president and general counsel. She will continue in her role as secretary of Camping World.
Signa Sports Adds Accell Group’s Former CEO to Board
Signa Sports United N.V. (SSU) announced plans to appoint Anthonie Anbeek, most recently CEO of Accell Group, to its Board of Directors, effective April 1, 2024.
Canada Ports Strike to End After Tentative Deal Is Reached
A 13-day-old strike that disrupted shipments at Canada’s western ports, including the Port of Vancouver and Prince Rupert, is scheduled to end after the dockworkers’ union and a group of employers agree on a tentative deal.
Report: Footwear Retailers Top Retail Foot Traffic Gains Since 2020
Shoe store visits quickly bounced back following the first days of the pandemic when restrictions all but sidelined retail foot traffic and Nike, WSS and Boot Barn look to be well positioned for continued growth for back-to-school based on a report from Placer.ai.
Rev Group Promotes Recent Hire to New VP/General Manager Role
Rev Group promoted Eduardo Castano to vice president and general manager of Lance Camper Mfg. Corp.
REI Honors Vendor Partner of the Year, Gives Divisional Awards to Four Brands
REI Co-op honored On with its 2023 Vendor Partner of the Year award. The retailer said, “that by marrying style, comfort and functional performance, On continues to bring compelling, functional innovation to REI and attracts customers of all ages and backgrounds to running and hiking season after season.”
FESI Responds to European Parliament Proposal on Sustainable Product Regulation
The Federation of European Sporting Goods Industry said this week that it commends the Parliament’s efforts in recognizing the trade-offs involved in establishing eco-design requirements, a crucial step toward advancing sustainability and environmental responsibility within the sporting goods industry.
Former Hibbett CFO Lands at Leslie’s Inc. with TNF Veteran CEO
Leslie’s, Inc. appointed former Hibbett Sports CFO Scott Bowman as CFO, effective August 7. Bowman joins the company on July 17 and will serve as CFO designate through August 6.
Camping World Closes on Acquisition of Yuba City, CA Dealership
Camping World Holdings, Inc. closed on the acquisition of All Seasons RV in Yuba City, CA.
Rapala VMC Corp. Increases Stake In 13 Fishing
Rapala VMC Corp. and James Coble, the majority shareholder of DQC International, which manufactures and markets 13 Fishing rods and reels, reached an agreement whereby Rapala VMC will increase its ownership of DQC International to 60 percent of the Florida-based company. At the same time, Coble will retain a 40 percent share of the company.
Report: Online Prices Fall 2.6 Percent in June, a 36-Month Low
Adobe reported in its Digital Price Index (DPI)* that online prices in June 2023 fell 2.6 percent year-over-year (YoY), the most significant decrease since May 2020, when prices fell 1.5 percent YoY.
