EXEC: EMS Bankruptcy Bidding Process Cancelled Due to Lack of Bids
According to the Bid Procedures outlined in the bankruptcy proceedings, if no Qualified Bids, other than the Stalking Horse Bid, were received by the bid deadline of August 20, 2024, no auction would be conducted.
BOA and Primaloft Parent Compass Diversified Appoints New CFO
Effective August 31, 2024, Stephen Keller will assume the role of chief financial officer at Compass Diversified (CODI), succeeding Ryan Faulkingham. Faulkingham, who has served as the company’s CFO since July 2013
KOA Receives Leed Gold Certificate at New HQ Dedication
The building dedication this week represents a milestone in the company’s journey, affirming KOA’s “innovative approach to outdoor hospitality and its commitment to being good community partners, neighbors and stewards of the land,” said the company in a media release.
The James Brand Strengthens Sales Team Across North America
The company added new sales team members, a brick-and-mortar retail store at its headquarters in Oceanside, CA, and expanded its nationwide network of retailers.
Ross Stores Gets Q2 Profit Bump on Solid Comps; Still Has H2 Consumer Concerns
The company said its improved profitability relative to last year resulted from higher sales and lower distribution and incentive costs, which were partially offset, as expected, by lower merchandise margins.
ORR Appoints Program and Administrative Director
Cassie Elrod joined ORR from Outside Interactive, Inc., where she was commercial counsel and played a “pivotal role in project management and legal support” for its inaugural Outside Festival in June 2024.
Unifi, Inc. Narrows Fiscal Q4 Loss on Americas and Brazil Segment Share Gains
The company reported that subsequent to quarter-end, the company reported that it launched two new innovative Repreve Fiber products that will help support future growth.
Deuter Taps Michael Duffy as NSM; Makes Other Key Management Moves
In addition to Duffy’s hire, Scott Park has transitioned from sales leadership to a new role as product line manager, and Amy Parulis was promoted to marketing and communications manager.
BJ’s Wholesale Club Profits Expand in Q2 as Comps Increase 3.1 Percent
Excluding the impact of gas, comparable club sales increased by 2.4 percent in the second quarter compared to the fiscal 2023 Q2 period.
EXEC: Hibbett’s New Parent Saw North America Outpace UK and Europe in Q2
Second-quarter comparable store sales were reported to be strongest in North America, with 5.7 percent comp sales growth year-over-year. The region also led in organic sales growth.
Eurobike Names Martina Rumschick Head of Brand & Content
Since founding Fairnamic in 2021, Martina Rumschick has supervised Eurobike as a project manager, starting with the inaugural event in Frankfurt and has played a significant role in shaping its development.
Aeroe Taps Coast 2 Coast Distribution for U.S. Distribution
The New Zealand-based brand said it is growing quickly in North America, and the appointment of the California-based Coast 2 Coast team allows the company to “supercharge” its efforts.
Target Corp. Ups Full Year EPS Guide After Retailer Returns to Growth in Q2
Based on strong profit performance in the front half of the year, the company said it now expects full-year GAAP and Adjusted EPS of $9.00 to $9.70 per share, up from the prior range of $8.60 to $9.60 per share.
TJ Maxx Parent Adds Four Doors to Sierra Count, Invests in GCC Retail Brand
TJX is taking a 35 percent stake in Brands for Less, which is currently located in the Gulf Cooperation Council (GCC) area. Based in Dubai, it is the region’s only major off-price branded apparel, toys, and home fashions retailer.
Grassroots Elects New Board Officers, Adds Board Members
Grassroots Outdoor Alliance, the national organization of independent outdoor specialty retailers, recently elected new officers and welcomed three new board members.
