Results for ""eric smith""

Mark Parker isn’t exactly riding off into the sunset with his pending retirement from Nike Inc.’s top post—he will, after all, stay on the board and assume the title of executive chairman. But Thursday afternoon served as a swan song of sorts for the longtime leader. Nike’s chairman, president and CEO ran his final quarterly earnings call, and before he delivered the good news of Q2, he reflected on his 40 years with the footwear and apparel giant.

Bill Sinoff has been named general manager of the climbing shoe brand Evolv, which was acquired by Oberalp Group earlier this year. Though Sinoff faces a lofty goal at Evolv—lead the brand into a new chapter of domestic and global growth—he feels his background has prepared him for the challenge. Here’s what this climbing legend shared with SGB about his latest venture.

In his first interview since being appointed CEO of Hibbett Sports Inc., Mike Longo tells SGB Executive how he ended up in the role, his goals for the Birmingham, AL-based company and the retail leadership priorities he learned most recently as CEO of “city specialty” retailer City Gear. Longo also admitted that, like his predecessor Jeff Rosenthal, he’s a bit of a sneakerhead.

Peloton Interactive Inc. appears to have ridden out the controversy surrounding its recent ad that took social media by storm and sent the company’s shares plummeting. When the company’s leadership took to the presentation circuit last week, the focus was not on that perceived misstep but instead on the potential Peloton is eyeing a few months after going public.

When the news wires started buzzing Thursday afternoon that progress had been made in the ongoing and economically crippling trade war between the U.S. and China, businesses around the country rejoiced. Would Christmas come early this year?

Jack Wolfskin, the German-based outdoor gear and apparel brand that’s owned by Carlsbad, CA-based Callaway Golf Co., this week formally announced plans to build a North America headquarters in Utah and create 50 jobs over the next five years.

A new outdoor hardgoods trade show hits the calendar next summer, and its arrival brings more change to the outdoor industry’s already busy show schedule. SGB digs into the latest shuffling of events with reaction from brands and buyers.

From market-shifting acquisitions to doubling down on the sales of firearms and ammunition, a lot has been happening at Sportsman’s Warehouse Holdings Inc., the Midvale, UT-based sporting goods retailer. We recently spoke with CEO Jon Barker about these topics and more in our latest executive conversation. Here’s what he shared about the state of the company.

As the 2019/20 ski season gets underway, Vail Resorts Inc. has already unveiled up to $215 million in capital improvements for next year. Here’s what’s on tap for North America’s largest ski resort operator, which this week reported a revenue beat in the fiscal first quarter behind strong pass sales.

Johnson Outdoors leveraged a nice performance from its camping business in the fiscal fourth quarter, which bolstered 14 percent companywide revenue growth in the period to go along with 3 percent companywide revenue growth for the fiscal year. Said Helen Johnson-Leipold, Johnson’s chairman and CEO: “There’s real opportunity for growth in this space long-term.”

James Debney, the CEO of Smith & Wesson parent company American Outdoor Brands Corp., told analysts on this week’s earnings call that while the 2020 presidential election has not yet had an impact on firearms demand, that could change in the run-up to next November.

While the notion of physical stores might seem antithetical in today’s click-and-buy e-commerce landscape, Duluth Holdings Inc. (dba Duluth Trading Co.) continues to see them as a critical point of entry for consumers, even as the company’s store buildout has moderated in recent quarters.

Sportsman’s Warehouse Holdings Inc. said this week it projects some near-term pressure on ammunition sales in light of competitors like Walmart offering deep discounts as they sell off their inventory and exit the category. But Midvale, UT-based Sportsman’s has its eyes on a bigger prize—taking market share once those other players have gotten out of the ammo game altogether.

Morris Goldfarb, the chairman and CEO of G-III Apparel Group Ltd., fully understands the impact that tariffs have had on the New York-based fashion and apparel company he oversees. He also knows that if the trade war persists, tariffs will continue to wreak havoc on the company’s financial outlook. But Goldfarb is also resolute that G-III has the ways and means to mitigate the pressure that tariffs are placing on its business.

More consumers surfed rather than drove for their purchases on Black Friday as online sales accounted for a record $7.4 billion spent during the holiday shopping extravaganza, according to Adobe Analytics. But while analysts reacted positively to the overall buoyancy of Black Friday and the unofficial kickoff to the holiday shopping season, those who focus on the active lifestyle marketplace were more tempered in their reports.