SGB Update Footwear

United Sports Brands Acquires Pearl Izumi

United Sports Brands announced that it has acquired Pearl Izumi USA, the manufacturer of cycling apparel and accessories. Pearl Izumi will join USB’s portfolio of protective and performance sports equipment sold under the Shock Doctor, McDavid, Cutters, Nathan, and Glukos brands.

Target Updates Leadership Team

Target Corporation announced a number of updates to its leadership team. This includes a new role for the company, focused on further differentiating the retailer’s end-to-end guest experience.

Compass Diversified Sees 25 Percent Revenue Growth In Q1

Compass Diversified Holdings (CODI) reported earnings from continuing operations rose 41 percent as sales gained 25 percent. The parent of a number of businesses in the active lifestyle space raised its earnings guidance for the year.

HanesBrands Sales Expand 7 Percent In First Quarter

HanesBrands, Inc. reported net sales in the first quarter increased 7 percent on a constant-currency basis with 6 percent growth for Champion on a global basis. U.S. Innerwear sales increased 1.5 percent over the prior year. Earnings and sales exceeded guidance and the company reaffirmed its guidance for the year.

HanesBrands Names President Of Global Activewear

HanesBrands announced that Vanessa LeFebvre was appointed president of global activewear. In this role, LeFebvre will drive global Champion brand growth focused on innovation, key markets and new channels.

Acushnet’s Q1 Revenues Gain 4 Percent

Acushnet Holdings Corp., the parent of Titleist and Footjoy, reported sales in the first quarter ended March 31 of $606.1 million, up 4.3  percent year over year and ahead 7.6  percent in constant currency. First-quarter net income reached $81.0 million, down 4.7  percent year over year.

Vista To Split Into Separate Outdoor And Sporting Companies

Vista Outdoor, Inc. announced that its Board of Directors has unanimously approved a plan to separate its Outdoor Products and Sporting Products segments into two independent, publicly-traded companies. Following separation, Chris Metz will be appointed CEO of Outdoor Products while Jason Vanderbrink will be appointed CEO of Sporting Products.

Carhartt Opens First Retail Store In Nashville

Carhartt has opened a retail storefront located at 5019 Broadway Place, Space A-1075 in Nashville, TN. The 4,000-square-foot space features Carhartt-branded products for men, women and kids, including footwear and accessories.

Camping World’s Q1 Sales Climb 7 Percent

Camping World Holdings, Inc. reported earnings were down in the first quarter ended March 31 but represented the second strongest first-quarter earnings in the company’s history. Sales grew 6.7 percent.

Rocky Brands Sees Sales Nearly Double In First Quarter

Profits at Rocky Brands, Inc. grew 63.4 percent for its first quarter ended March 3 on a 90.5 percent revenue gain. The sales gains were boosted by the acquisition of Muck Boot, Xtratuf, Servus, Neos, and Ranger brands.