Gymshark Hires Chief People Officer
Keane worked for over 11 years at the luxury etailer Farfetch in various roles, including chief people officer from 2018 to 2024. Gymshark also announced it plans to open its first store outside the UK this year at the UAE’s Dubai Mall as part of its global omnichannel growth.
EXEC: Genesco CEO and CFO Share Journeys, Schuh and J&M Details from Q2
Although Q2 results were better than expected, the company continues to retain a cautious view and, as such, reiterated its most recent full-year EPS outlook of 60 cents to $1.00 per share. The soft guidance sent shares lower for the day.
Oksana Masters Wins Second Paralympic Gold in Paris
USA’s Oksana Masters defended her Tokyo gold medal in the women’s H4-5 individual time trial, beating the Netherlands’ Chantal Haenen by 6.24 seconds after trailing by over 20 seconds earlier in the race.
Journeys Parent Narrows Q2 Loss as Sales Tick Up; Raises FY Guidance
Genesco, Inc. now expects total sales to decrease 1 percent to 2 percent for the year, versus prior expectations for a total sales decrease of 2 percent to 3 percent.
Lotto Adds Kellyn Acosta to Roster; Launches Lifestyle Footwear at Dick’s
The Chicago Fire FC midfielder joins Lotto’s Athlete roster. Timed with the signing, parent company WHP Global launched the Lotto Leggenda lifestyle footwear collection with Dick’s Sporting Goods.
Foot Locker Commemorates 50th Anniversary with Limited-Edition Collection
Over the decades, Foot Locker has marked its influence on sneaker culture with milestones, including the exclusive launch of the Nike Air Max Plus in 1998, the Foot Locker Slam Fest from 1988 to 1996, and introduced signature sneakers for athletes with top brands.
EXEC: Callaway and Topgolf Management Outline Separation Plan
The company said it expects to effect the separation by spinning off the Topgolf business to Topgolf Callaway Brands’ shareholders in a transaction that is intended to be tax-free for both the company and its shareholders for U.S. federal income tax purposes.
Helen of Troy Announces New $500M Share Repurchase Authorization
The repurchase program does not require purchasing any minimum number of shares and may be implemented, modified, suspended, or discontinued in whole or in part at any time without further notice.
Tilly’s Takes a Shifting Calendar Hit to Second Quarter Sales; Improves EPS Loss to Zero
The calendar shift impact of last year’s 53rd week in the retail calendar, which caused a portion of the back-to-school season’s sales volume to shift into the latter stages of the second quarter from the beginning of the third quarter last year.
Zumiez Gets Q2 Sales Lift From Year-over-Year Calendar Shift and Narrows Net Loss
The company experienced a noticeable acceleration in its sales trend as the second quarter unfolded, with July North America comparable sales increasing in the high-single digits and encouraged about prospects for growth over the remainder of fiscal 2024.
Freemotion Partners with Grupo Multi, Expands Presence in Brazilian Fitness Market
Freemotion entered into a strategic partnership with Grupo Multi, the Brazilian fitness distribution company. The announcement follows the appointment of Yvette Cisneros as Freemotion’s sales director for LATAM.
Tiger & Rory Tap PGA Tour VP as Business Development Chief for TMRW Sports
For the last 15 years, Brian Cleek has held business development roles at the PGA of America, Roush Fenway Racing and, most recently, PGA Tour.
United States Announces 2024 Women’s PGA Cup Team
The women’s 2024 U.S. PGA Cup Team includes Sandra Changkija, Joanna Coe, Stephanie Connelly Eiswerth, Ashley Grier and
Allie Knight. The biennial international competition includes teams from the U.S., Australia, Canada, the UK, Ireland, South Africa, and Sweden and will take place September 30 through October 5 on the Meadows Course at Sunriver Resort in Sunriver, OR.
G-III Inks Global Converse Apparel License; Ups EPS Guidance of Strong Q2
G-III said with Converse holding a position as an iconic American youth lifestyle brand the agreement represents a significant opportunity for the company to expand the G-III active lifestyle business.
National Academy of Sports Medicine Appoints VP of International
Vega Perry oversees NASM’s strategy for global expansion. She will focus on strengthening operations in existing markets and identifying new growth opportunities in new regions in the fitness and wellness space.
