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.
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Pickleball Kingdom Signs Multi-Location Deal in Utah
Led by John Peterson and Kaleb Scholes, Pickleball Kingdom expanded into Utah.
After Two-Year Composting Experiment, Puma Drops Re:Suede 2.0 Sneaker
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.
United by Flame, Adidas Drops Largest Multisport Footwear Collection
“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.”
Callaway Appoints New Managing Director for EMEA Region
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.
EXEC: Sports Footwear Shipments Fuel Growth, Cut ASPs for Stella Int’l in Q1
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.
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
EXEC: Anta Sports Sees Fila Brand Q1 Retail Sales Trend Moderating from 2023
Retail sales, in retail value, for the Fila brand increased in high single digits year-over-year in the first quarter, a sharp moderation from the strong double-digit in the 2023 fourth quarter and the high-teens trend for the 2023 full year.
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.
Skechers Football Drops Laser-Comfort Pack
The fourth Laser-Comfort Pack to drop since the brand entered the soccer category in 2023/24 comes in silver and green and three styles for women and men.
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.
StockX: Fakes Were 19 Percent of Rejected Sneakers Over Last 12 Months
In 2023 the company rejected over 325,000 products, collectively valued at over $82 million, because they did not meet StockX’s verification standards, with 19 percent of that total tagged as suspected fakes. Used products totaled 29 percent of rejects.
Fanatics Collectibles Appoints Regional President for EMEA and LATAM
Dan Thomas is the Regional President for Fanatics Collectibles EMEA and LATAM regions, effective this month, responsible for developing and leading the brand across all markets.
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