Marin Mountain Bikes, Inc. Taps Bike Industry Vet as Inside Sales Specialist
Michael DeLano will support dealers and outside reps in the East Coast and Eastern Midwest regions from his Upstate New York location.
Leatt Corp. Starts to Build Out its U.S. MTB Sales and Marketing Team
The South Africa-based developer and manufacturer of protective gear for the active sports market is growing its team and investing to support independent bike dealers in the U.S. with a U.S. sales manager and two West Coast reps.
Genesco, Inc. Sees Journeys Slide Continue in Q1 as Schuh and J&M Turn Negative
The parent of Journeys, Schuh and Johnston & Murphy, reported net sales for the first quarter of Fiscal 2025 amounted to $458 million, a 5 percent year-over-year decrease compared to $483 million in the first quarter of Fiscal 2024.
Nordstrom Beats on Fiscal Q1 Estimates, Reaffirms Full Year Guide
The retailer narrowed its first quarter loss and beat expectations for the first quarter but analysts may be a little jumpy as guidance didn’t move higher and may signal internal concerns about the discretionary shopper.
VF Corp. Appoints Sun Choe as Vans Global Brand President
Michelle (Sun) Choe has nearly three decades of experience leading design and merchandising for global brands, including Lululemon, Marc Jacobs, West Elm, Madewell, Urban Outfitters, Levi’s, and the Gap. She joins VF from Lululemon, where she has worked as the chief product officer for the past seven years.
Outdoor Rep Groups Form New Agency to Serve the Northeast
Ferguson-Keller, operating out of the Midwest, and Rogers Sports Marketing, operating out of the Southeast, created Gen 3 Outdoors to service the fishing, hunting and firearms, marine and related outdoor sports categories in the Northeast.
Kohl’s Corporation Shares Fall as Retailer Cuts Guidance on Poor Fiscal Q1 Showing
Shares were down over 20 percent in pre-market trading on Thursday after the mid-tier retailer missed on estimates for the first quarter and then cut guidance for the year.
Duluth Holdings, Inc. Posts Wider Q1 Loss on Revenue Miss for Quarter
The company posted a net loss of $7.9 million in the first quarter, compared to a net loss of $3.9 million in the year-ago Q1 period. Loss per share doubled from a loss of 12 cents a share in the year-ago quarter to 24 cents per share in the 2024 Q1 period.
EXEC: Birkenstock Holding Raises Full-Year Guidance After Strong Q2 Performance
Fiscal Q2 net revenue amounted to €481 million, an increase of 22 percent (+23 percent CC) year-over-year. Revenue growth reportedly benefitted from increased sales of closed-toe silhouettes, which increased to over 25 percent of total revenue compared to the high teens a year ago.
Outdoor Alliance Names Grasstops Advocacy Director
Taylor Rogers was appointed Grasstops Advocacy Director, who will reportedly guide/train the first group of 20 members in the Grassroots Collective to advocate for conservation and recreation policy.
RVIA: RV Wholesale Shipments Again Led by Towables in April
Towable RVs, led by conventional travel trailers, ended the month up 14.2 percent from last April with 30,682 shipments. Motorhomes finished the month down 19.4 percent.
Wellness Pet Company Welcomes New Chief Marketing Officer
Giorgio brings 20-plus years of consumer marketing experience to Wellness Pet where she will serve as the creative force behind the company, leading brand strategy to engage next-gen pet parents.
Report: The 2023/24 Snow Sports Season Ranked as Fifth Best Historically
The Rocky Mountain region remains the most visited, reporting 26.7 million skier visits, followed by the Northeast at 12.4 million and the Pacific Southwest at 8.0 million. The Midwest was the No.4 region, tallying 4.8 million visits despite reporting the largest decrease (-26.7 percent) compared to the prior season.
EXEC: Dick’s SG Leadership Details Q1 Comps, House of Sport, 50K Stores, Q2 View
First-quarter comps were reportedly driven by a 2.7 percent increase in transactions and a 2.6 percent increase in average ticket with strength across footwear, athletic apparel and hardlines. DKS will begin to anniversary the higher shrink rates from 2023 in the second quarter.
Innovative Eyewear, Inc. to Launch Eddie Bauer Smart Eyewear with ChatGPT
The Eddie Bauer Smart Eyewear collection will debut with four polarized sunglass styles, showcasing a rimless smart eyewear design and includes voice access to ChatGPT.
