Crocs, Inc. announced that Deanna Bratter joined the business as vice president, global head of sustainability in a newly created role.
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NRF Calls For Visa And Mastercard To Cancel Swipe Fee Increases
The National Retail Federation urged Visa and Mastercard to cancel credit card swipe fee increases scheduled to take effect this month, citing a letter from both Republican and Democratic members of Congress saying higher fees would add to inflation.
Gregory Appoints General Manager
Gregory promoted John Sears to general manager overseeing global brand strategy and growth.
Smith Promotes Phares To Global General Manager
Smith, an owned subsidiary and core brand of the Safilo Group, promoted Mark Phares as global general manager of the eyewear and helmet brand.
EXEC: Delta Apparel Sees Big Benefit From Fanatics Alliance
Speaking at the Shareholder Equity Conference, Delta Apparel, Inc. officials discussed the strong top-line momentum being seen across its legacy activewear segment, DTG2Go and Salt Life. Bob Humphreys, CEO, also said a new collaboration with DTG2Go may soon make Fanatics, the sports fan e-commerce powerhouse, the company’s largest customer.
REI Increases Investment In Run Category
REI is piloting new store layouts and deepening staff training to support its running departments as part of a bigger investment in the running category.
Anta Sports Sees High-Teens Q1 Growth For Anta Brand
Anta Sports reported retail sales of Anta branded products recorded high-teens positive growth in the first quarter compared to the same period in 2021 while Fila’s retail sales saw mid-single-digit positive growth.
Asics Relaunches Sublimation Offering For Team Sports
Asics America has relaunched its sublimation offering for team sports through a new partnership with the largest sublimation manufacturer in the West.
Peloton Raises Monthly Subscription Fee For First Time
Peloton is hiking the monthly fee for its on-demand fitness content for the first time in its eight years in existence in North America while reducing prices across its Bike, Bike+ and Tread products.
EXEC: Escalade Looks To Build On Pandemic-Fueled Gains
“Our mission is connecting family and friends, creating memorable moments and playing life to the fullest,” Walter Glazer, CEO of Escalade said on the sporting goods company’s first-ever quarterly conference call. Sales in the first quarter ended March 21 climbed 22.3 percent year over year and 94.1 percent against the 2020 first quarter.
Delta Apparel Appoints President Delta Group
Delta Apparel Inc. appointed Matt Miller as the company’s president, Delta Group, effective April 25.
PVH Sets Plan To Reach $12.5 Billion By 2025
PVH Corp., the parent of Calvin Klein and Tommy Hilfiger, at its 2022 Investor Day unveiled a strategic plan on Wednesday to reach $12.5 billion in annual sales by 2025, up from sales of $9.155 billion in 2021.
EXEC: SFIA Sees Fitness, Golf And Camping Get Pandemic Boom
According to SFIA’s 2022 Manufacturers Sales by Category Report, consumer exercise equipment categories saw the biggest revenue gains over the last two years during the pandemic. Golf led the gains among sports equipment categories, followed in the Top 5 by camping, snow sports, tennis, and basketball.
SFIA: Sporting Goods Sales Increased 16 Percent In 2021
The total market for sports equipment, exercise equipment, athletic footwear, sports apparel, and licensed merchandise saw a 15.8 percent increase in revenue from 2020 and a 16.4 percent increase since 2019 pre-pandemic numbers, according to the Sports & Fitness Industry Association’s (SFIA) annual Manufacturers’ Sales by Category Report. The majority of the tracked categories experienced growth of over 10 percent in those two years.
Nevco Sports Acquires Lynx System Developers
Nevco Sports ,LLC announced the acquisition of Lynx System Developers, Inc., a sports technology data company based out of Haverhill, MA. The acquisition strengthens its position in end-to-end scoring and display solutions for sporting facilities.
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