The North Face promoted Jan Van Leeuwen as general manager of the Americas. Van Leeuwen has been the general manager of The North Face EMEA for the past four years.
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Head Sportswear Increases North American Sales And Marketing Team
Head Sportswear hired Greg Johnson and Madison Steven to its North American sales and marketing team.
Karl’s Fishing & Outdoors Opens Second Retail Store At Mall Of America
Karl’s Fishing & Outdoors opened its second brick-and-mortar storefront at the Mall of America in Bloomington, MN. The 2,000-square-foot space follows the recent opening of its first store location in Fort Worth, TX.
American Outdoor Brands Launches Stock Buyback Program
American Outdoor Brands, Inc.’s Board of Directors approved the immediate repurchase of up to $10 million of the company’s outstanding common stock through September 2023.
EXEC: JD Sports North American Operations Stung By Supply Shortages In Half
JD Sports reported earnings before tax and exceptional items declined 46.9 percent in the first half of its North America operations, which include Finish Line, Shoe Palace, DTLR, and JD locations. The company attributed the decrease to the lack of fiscal stimulus that boosted year-ago results and the supply shortage from major international brands.
North American Bike Distributor HLC Acquired By Private Equity
MiddleGround Capital, the investment specialist and buyer of middle market B2B industrial and specialty distribution companies, purchased North American bike parts and accessories distributor HLC. The terms were not disclosed.
Namuk Appoints Vice President, North America
Namuk, the Swiss-based sustainable outdoor kid’s brand founded in 2016, hired Beth Steele as vice president of North America, responsible for driving its U.S. and Canadian business and building the organization in both DTC and B2B markets.
Sea To Summit Hires North America Director Of Strategic Partnerships And Business Development
Sea to Summit, the outdoor gear manufacturer, hired Tracy Brunz as the North American director of strategic partnerships and business development.
Got Bag Appoints Head Of Sales & Growth For North America
Got Bag, known for its backpacks made of ocean plastic, appointed Jay Sheldon as head of sales & growth for its North America business.
EXEC: American Outdoor Brands Stung By Wholesale Weakness
American Outdoor Brands’ sales in the first quarter ending July 31 dropped 28.1 percent, to $43.7 million. Gains in its direct-to-consumer e-commerce sales were more than offset by weakness in wholesale sales due in large part to bloated inventories in the marketplace that particularly impacted the shooting sports category.
American Outdoor Brands Reports 28 Percent Q1 Revenue Slump
American Outdoor Brands Inc. reported sales were down 28 percent in the first quarter ended July 31.
Huish Outdoors Named Distributor For Suunto North America And Caribbean
Huish Outdoors announced its latest partnership with Suunto to distribute the Suunto Outdoor line in the U.S., Canada and the Caribbean.
American Council On Exercise Adds Board Member
Becky Roseberry, former senior vice president of finance for CorePoint Lodging, Inc., has joined the American Council on Exercise (ACE) as a board member.
EXEC: On Delivers Blowout Q2 On North America Strength
On’s second-quarter results arrived far ahead of Wall Street’s targets as the Swiss running brand was able to overcome supply chain challenges and capitalize on particularly strong demand in North America. On raised its outlook for the year. Caspar Coppetti, executive co-chairman, said, ““All geographies, channels and categories contributed strongly to this outstanding result.”
On Lifts Guidance On North America Momentum
Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.
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