SGB Update Footwear

Darn Tough Vermont Appoints COO

Darn Tough Vermont announced the promotion of Angelica Taylor to chief operating officer. Taylor is advancing into this role after spending the last year as Darn Tough’s vice president of finance.

Skechers Raises Guidance As Q1 Revenues Jump 27 Percent

Skechers U.S.A., Inc. reported net earnings rose 22.6 percent in the first quarter as sales ran up 26.8 percent, driven by 33 percent wholesale growth. Results topped guidance and Skechers lifted its outlook for the year.

Orva Appoints EVP And Chief Merchandising Officer

Orva, the New York-based digital retail company, announced the appointment of Jeff Espersen in the newly created role of executive vice president and chief merchandising officer. He was general manager and chief merchant at Zappos.

Brooks Takes Top Spot In Performance Running Market

Brooks Running said that in the first quarter, it took the top spot in the U.S. national performance footwear market for the first time, with 22 percent dollar share across all U.S. channels—athletic specialty and sporting goods, mid-tier, premium, and shoe chain.

Callaway Golf Sets Long-Term Financial Targets

Callaway Golf Company expects annual growth projections from fiscal 2021 through 2025 of 10 to 12 percent, led by more than 18  percent growth at Topgolf growth in the high-single digits in its non-Topgolf businesses. The company provided its growth plan as part of its Investor Day.

Brunt Workwear Appoints President

Boston-based Brunt Workwear announced the appointment of Kevin Eskridge,  most recently chief product officer at Under Armour, as the company’s president. In this role, Eskridge will oversee the company’s product development, merchandising, sourcing, and global retail expansion.

Academy Sports Opens Store In Conyers, GA

Academy Sports + Outdoors announced the opening of its Conyers, GA store. Academy now has 11 locations across metro Atlanta and 19 throughout Georgia.

Vail Resorts Sees Encouraging Ski Season Metrics

Vail Resorts said it expects resort fiscal 2022 reported EBITDA to be at or around the top of its guidance range issued on March 14, 2022 given the ski season trends from the beginning of the ski season through April 17, 2022.

OrthoLite Hires Chief Brand Officer

OrthoLite, which just launched Cirql recyclable and compostable midsole foam, hired Kristin Kohler Burrows as chief brand officer. Burrows previously worked for Converse, Keds, Adidas, Fila and G.H. Bass and was most recently a management consultant in the Consumer and Retail Group at Alvarez & Marsal.

Golf Rounds Played Decline 14 Percent In March

Golf Datatech’s National Rounds Played Report for March shows that U.S. rounds were down 14.3 percent in the month and down 7.5 percent year-to-date year-over-year.