Anta Opens AntaZero, a Carbon-Neutral Retail Store
Anta Group Executive Director and Co-CEO Lai Shixian and Anta Brand CEO Tsui Yeung opened the AntaZero store, advancing sustainable retail practices in China’s apparel and footwear industry.
Vail Resorts Expects Resort EBITDA at Low End of Outlook Despite Late Season Bump
Results in March and April reportedly improved compared to the season-to-date period through March 3, 2024, with March and April visitation across the company’s western North American resorts exceeding prior-year record levels as conditions improved.
Kent Outdoors Secures $100 Million Credit Facility to Support Growth
Financing from Eclipse Business Capital follows earlier investments from Goldman Sachs and Comvest Partners.
EXEC: Vista Outdoor Re-Engages with MNC Capital on Potential Buy-Out Interest
Given that the current deal with CSG has raised more than a few eyebrows in the U.S. Congress from those that see an issue with selling an American ammo maker to a foreign entity, it sounds like Vista may see it as more prudent to keep all options open.
EXEC: Saucony, Merrell and K-Swiss China Retail Partner Sees Slower Q1 Growth
Xtep International had 110 Saucony-brand stores and four Merrell-brand stores operational in Mainland China at the end of 2023. The company boasted 101 K-Swiss stores in the Asia Pacific region at the end of the year, with 94 Palladium brand stores to end 2023.
OrthoLite Subsidiary Cirql Launches Recyclable Cirql rTPU30 Midsole
“Cirql represents not only an entirely new product and patented foaming process for OrthoLite it also is an opportunity to minimize waste and pollution on a wide scale across all footwear.” —Matt Thwaites, Vice President and General Manager, Cirql
Eagle Claw Fishing Tackle, Co. Names New Chairman
Outgoing Eagle Claw Fishing Tackle Chairman Lee McGill made the decision to step aside, effective April 9, naming Drew McGill as chairman of the Board of Directors from his most recent role as Vice Chairman.
Cotopaxi Names New CFO/COO as Roles Shift in Top Company Leadership
Lindsay Shumlas, formerly with Manhattan Beachwear and Vici, joins the company in a new combined CFO and COO role, a first for the company. Co-founder Stephan Jacob moves into the new role as chief technology and business development officer.
Nordstrom Family Members Look to Take Namesakes Retailer Private Again
The company’s CEO, Erik Nordstrom, and president, Pete Nordstrom, notified the Board of their interest in pursuing a potential transaction pursuant to which Nordstrom would become a private company.
Kent Outdoors Hires Rob Otto as CFO
Founded in 1959 in New London, Ohio, Kent Outdoors is a diverse platform of outdoor brands with a broad product set spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards, and more.
EXEC: Giant Group Posts 20 Percent Sales Decline in First Quarter
The Giant Group reported monthly revenues for March 2024 fell in double digits once again, declining 17.4 percent to NT$7.12 billion, representing a moderation from a sharp 27.2 percent crash in February.
NRF Promotes Adam Lukoskie to Senior VP
The National Retail Federation promoted Adam Lukoskie, executive director of the NRF Foundation, to also serve as senior vice president of NRF.
The UK Gets a New Surf Shop in Cornwall
UK-based 10 Over Surf Shop is celebrating the grand opening of its concept store in Lantegue Studios in Cornwall, a peninsula to the southwest of Wales in the United Kingdom.
NBDA Appoints Andrew Feenstra First Vice Chair of Board of Directors
The National Bicycle Dealers Association (NBDA) appointed Andrew Feenstra, owner of Cyclesmith Halifax, as the first vice chair of the NBDA Board of Directors.
EXEC: Under Armour’s HR Chief and DEI Leader to Exit Company
Tchernavia Rocker’s departure represents the second female senior executive planning to exit the company in the last two months. Rocker joined UA in February 2019 as chief people and culture officer.
