Allbirds Adds Tree Runner Go To Franchise
<p>Tree Runner Go “draws inspiration from the company’s best-selling silhouette, the Tree Runner, with multiple innovations and upgrades.”</p>
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Elevate Textiles Names CEO and Board Director
<p>The company provides textile solutions across various industries, including fashion and functional apparel, footwear, military, fire, medical, athletic, automotive, aerospace, outdoor, and other specialty sectors. </p>
Anta Opens AntaZero, a Carbon-Neutral Retail Store
<p>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. </p>
Connexa Sports to Divest Slinger Bag; Change Focus to Love and Matchmaking
<p>As part of this deal structure in acquiring Yuanyu Enterprise Management, there will be a change-in-control of Connexa following the appointment of a new board of directors, subsequent to which Slinger Bag will be divested to a newly established entity.</p>
Vail Resorts Expects Resort EBITDA at Low End of Outlook Despite Late Season Bump
<p>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.</p>
Life Time Opens Second Athletic Country Club in Brooklyn, NY
<p>Continues its expansion across New York, opening Life Time Atlantic Avenue in Brooklyn, NY.</p>
EXEC: Gildan Changes Up Board Structure, Offers Board Slate for May Vote
<p>The new Board is expected to guide the company’s next phase of growth under the leadership of current President and CEO Vince Tyra and ensure the previously announced sale process is conducted in a manner that will benefit all shareholders of Gildan.</p>
Kent Outdoors Secures $100 Million Credit Facility to Support Growth
<p>Financing from Eclipse Business Capital follows earlier investments from Goldman Sachs and Comvest Partners.</p>
EXEC: Vista Outdoor Re-Engages with MNC Capital on Potential Buy-Out Interest
<p>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.</p>
Pickleball Kingdom Signs Multi-Location Deal in Utah
<p>Led by John Peterson and Kaleb Scholes, Pickleball Kingdom expanded into Utah.</p>
Big Agnes Re-Works Two Indie Sales Agency Territories
<p>End2End Outdoor, representing Big Agnes in the Midwest and South Central regions, added the North Central territory to its terrirtory, while Ground Up Sales will represent Big Agnes in the Southeast.</p>
After Two-Year Composting Experiment, Puma Drops Re:Suede 2.0 Sneaker
<p>Puma will drop 500 pairs of the commercial version of the shoe on April 22, which incorporates the lessons it learned during the experiment and the feedback received from the volunteers.</p>
United by Flame, Adidas Drops Largest Multisport Footwear Collection
<p>“We’ve bound together that intrinsic desire and unwavering commitment to be the best on the global stage via a design that represents their [athlete] passion—a flame that burns bright in each of them.”</p>
Callaway Appoints New Managing Director for EMEA Region
<p>Ben Sharpe will act as managing director and president for the EMEA region, effective May 1, succeeding Neil Howie, who retires at the end of 2024 after 26 years with the company.</p>
EXEC: Sports Footwear Shipments Fuel Growth, Cut ASPs for Stella Int’l in Q1
<p>Shipment volumes for the first quarter increased by approximately 21.9 percent year-over-year to 11.7 million pairs. Again the percentage increase in pairage shipped accelerated from the 2023 Q4 trend, nearly doubling the 10.9 increase in Q4.</p>
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