Igloo launched The Beatles Yellow Submarine coolers inspired by the rock band’s animated 1968 film and album. The special-edition collection includes a Little Playmate cooler, backpack cooler and tote cooler bag featuring custom artwork from the movie. “It’s such a dream to continue our partnership with the truly revolutionary Beatles,” said Adrienne Berkes, vice president, […]
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Igloo Launches Beatles Yellow Submarine Cooler Collection
Igloo launched The Beatles Yellow Submarine coolers inspired by the rock band’s animated 1968 film and album. The special-edition collection includes a Little Playmate cooler, backpack cooler and tote cooler bag featuring custom artwork from the movie. “It’s such a dream to continue our partnership with the truly revolutionary Beatles,” said Adrienne Berkes, vice president, […]
Zumiez Q2 Falls Short Of Guidance
Zumiez Inc. reported sales were down 18 percent in the second quarter ended July 30 and fell by the same amount in August. Second-quarter results were well below company guidance. Rick Brooks, CEO, said, “We are disappointed that our recent performance fell short of expectations and we are making adjustments to our merchandise assortments and managing expenses in order to improve near-term results.”
Dovetail Workwear Hires National Sales Director
Dovetail Workwear hired Katie Copeland as national sales director.
EXEC: Active Lifestyle Brands All Over 2022 Inc. 5000 List
HydroJug, Brevite Backpacks, PXG, Crossrope, Hyperice, and G Fuel were a wide range of companies in the active lifestyle space to appear in the 2022 Inc. 5000 annual ranking of the fastest-growing private companies in America.
Imperial Acquires J.T. Spencer
Imperial, the golf headwear brand, announced the acquisition of J.T. Spencer, the American belt manufacturer based in Richmond, VA. J.T. Spencer is the official belt licensee of Peter Millar and operates Peter Millar’s custom logo green grass belt program.
DPS Skis Strengthens Product And Marketing Teams With New Hires
DPS Skis has hired Stu Gleason as ski and process engineer and Zach Clayton as global marketing manager to support its product and marketing departments. Harry Brown was added as dealer services manager and Bridger Royce as dealer services coordinator.
EXEC: Lululemon Not Seeing Trading Down Amid Inflationary Pressures
Lululemon Athletica, Inc.’s shares rallied on Friday after the retailer reported that traffic drove a 23 percent hike in same-store sales in the second quarter. Results easily topped analyst estimates, and guidance was lifted for the full year. Calvin McDonald, CEO, told analysts, “Importantly, we are not creating this traffic through markdowns or price promotions. Lululemon remains predominantly a full-price business.”
EXEC: Sportsman’s Warehouse Sees Pandemic-Driven Outdoor Boost Continuing
Sportsman’s Warehouse Holdings, Inc. reported that while earnings and sales in the second quarter weren’t able to reach record year-ago levels, results topped the high end of guidance and management remains confident the hunt & fish chain is well positioned to take advantage of greater interest in the outdoors post-pandemic.
Lululemon Hikes Outlook As Q2 Comps Jump 23 Percent
Lululemon Athletica, Inc. raised its outlook as sales and earnings in the second quarter easily topped the company’s guidance. Lululemon’s earnings on an adjusted basis grew 33 percent as a comp gain of 23 percent offset gross margin pressures.
Orangetheory Appoints President Of International
Orangetheory Fitness hired Jason Dunlop as president of international, overseeing the brand’s international studio portfolio and ongoing expansion efforts. Dunlop’s resume includes employment with CrossFit, Canada Goose, Starbucks, and Nike.
EXEC: Fitness Chains See Robust Recovery In Q2
Planet Fitness, Xponential Fitness and Life Time Group Holdings reported a significant uptick in revenues and membership growth in the second quarter, although not back to pre-pandemic levels. However, executives at the fitness chains told analysts they were confident they could overcome macroeconomic pressures.
3STEP Sports Acquires Hoop Group
3STEP Sports, the youth sports club and event operator, has acquired Hoop Group, the grassroots youth basketball brand.
D3O Hires SVP, Marketing
D3O, the impact protection brand based in Huntington Beach, CA, hired Kevin Franks as SVP, marketing, North America.
Revved Industries Names President And CEO
Revved Industries, a provider of thermoplastic carbon technology to the bike industry, named Rob Wesson as president and chief executive officer.
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