Lord Davies of Abersoch, Wales, was formerly chief executive and chairman of Standard Chartered and was awarded a CBE in 2002 for his services to the financial sector. He is currently the chairman of the Lawn Tennis Association, LetterOne and sits on the World Rugby Executive Committee.
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Backpacker’s Pantry launches Backcountry Bucket
The Backcountry Bucket is packed with 24 servings of premium, ready-to-eat meals.
ORR Releases Annual State Rankings Based on $1.2T Economic Impact Report
The Outdoor Recreation Roundtable (ORR) announced its second annual rankings of state outdoor recreation economies based on the latest U.S. Bureau of Economic Analysis (BEA) data.
Vail Resorts Posts Flattish Fiscal Q1 Results in Historically Small Quarter
The company’s first fiscal quarter historically operates at a loss, given that its North American and European mountain resorts are generally not open for ski season. The quarter’s results were driven by winter operations in Australia and summer activities in North America.
Ski-Doo Parent’s Q3 Profits Get Crushed as it Focused on Inventory Reductions
the Canada-based parent company of the Ski-Doo, Sea-Doo and Lynx power sports brands, said it continued to focus on reducing network inventory in fiscal Q3 which resulted in reduced revenues versus the prior-year Q3 period.
X Games Names Jeremy Bloom as CEO
Bloom’s track record as an athlete and in building and managing companies will be instrumental in continuing to elevate the X Games properties and the X Games League.
Activist Investors Push Macy’s to Consider Changes to Capital Allocation Strategy
Barington Capital Group and Thor Equities LLC asked Macy’s to bring fresh perspectives to the company, especially in the areas of capital allocation, merchandising and retail and real estate
Black Diamond Parent Adds to Adventure Segment, Acquires RockyMounts
The RockyMounts deal is the first acquisition in the Adventure segment since Clarus acquired Tred Outdoors in October 2023. Transaction terms were not disclosed. Cash-on-hand funded the deal.
Zumiez Swings to Q3 Profit on 7.5 Percent Comps Gain; Offers Strong Q4 Guide
Net sales for the fiscal third quarter increased 2.9 percent to $222.5 million but the company noted that the shift in the retail calendar had a negative impact on Q3 results, decreasing net sales growth by approximately 510 basis points.
J.Crew Group Hires CMO for J. Crew Brand
For nearly a year, J.Crew and its sister brand Madewell, also owned by the J.Crew Group, have operated without a CMO—Derek Yarbrough, former executive vice president and CMO of both brands, left in January 2024. The Group did not disclose if it would hire a CMO for the Madewell business.
Lululemon Raises Full Year Guidance After Strong Q3 and Expectations for Solid Q4
For 2024, the company now expects net revenue to be in the range of $10.45 billion and $10.49 billion, representing growth of 9 percent, or 7 percent, excluding the 53rd week of 2024.
Merrell Appoints Chief Product Officer
Most recently, Noreen Naroo-Pucci was the CPO at Mizzen+Main, a young menswear brand. Her career includes working as the SVP of design, menswear, North America for Calvin Klein, and eleven years at Under Armour as senior creative director and VP of Global Design Engine.
Denver to the Slopes: Winter Park Express Expands for 2025
The Winter Park Express, operated by Amtrak, announced, in cooperation with the State of Colorado and the Colorado Department of Transportation, that it will kick off the 2025 winter season with expanded service from Denver’s Union Station.
Skechers Celebrates Giving Tuesday Reaching $12 Million in Donations for Shelter Animals
Skechers’ contributions have helped save and support over 2.2 million shelter animals across the United States, Canada, the U.K., and Japan through sales of the Bobs brand.
Tommy and Calvin’s Parent PVH Corp. Sees Q3 NA Sales Decline for Both Boys
The parent of the Tommy Hilfiger and Calvin Klein brands beat its top- and bottom-line guidance for the third quarter, fueled by a “relentless execution” of the company’s PVH+ Plan.
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