SGB Update Footwear
Women’s Sports Foundation Welcomes New President And Board Of Trustees Chair
The Women’s Sports Foundation (WSF) welcomed Olympic and World Champion in ice hockey and New Jersey Devils (NHL) Manager, Player Development Meghan Duggan as its new President, and Executive Director of the Ivy League Robin Harris as its Board of Trustees Chair.
361 Degrees Sees High-Teens Growth In Fourth Quarter
361 Degrees International, Ltd. reported retail sales of 361º core branded products for the fourth quarter of 2021 recorded high-teens growth compared to the same period of 2020.
Dick’s SG Closes $1.5 Billion Debt Sale
Dick’s Sporting Goods, Inc. announced the closing on January 14, 2022, of its previously announced offering of $750 million of 3.15 percent senior notes due in 2032 and $750 million of 4.1 percent senior notes due 2052.
Sportsman’s Warehouse’s Reports Flat Sales Over Holiday Period
Sportsman’s Warehouse, Inc. reported net sales in the eight weeks ended December 25 were $299.6 million, which was flat versus the comparable eight weeks of fiscal year 2020. Compared to the same eight-week period of fiscal year 2019, net sales increased 59.3 percent from $188.1 million.
Ecco Sko A/S Appoints CEO Ecco USA
Ecco Sko A/S appointed Tom Berry as president & CEO, Ecco USA. Berry assumes the responsibility of this new role immediately.
Kohl’s Reaffirms Strategic Progress Following Activists Calls For Sale
Kohl’s responded to a call by Activist Investor Macellum Advisors to explore strategic options, including a sale, by reporting that its recent results showed the retailer is making strong progress with its transformation plan and that it’s open to further discussions with Macellum.
TheDrop Taps Nike Veteran To Lead Global Merchandising
TheDrop.com, a streetwear and sneaker online marketplace, announced that Scott Keating has joined the company’s management team as chief merchandising officer. He was most recently global sales and brand director for Nike SB.
Grundéns Expands Partnership With Major League Fishing
Grundéns renewed and expanded its sponsorship of Major League Fishing.
Kohl’s Urged By Activist Investor To Make Changes Or Explore Sale
Activist hedge fund Macellum Advisors said on Tuesday Kohl’s should explore strategic options, including a sale, if the retailer does not improve business to boost its stock price.
USTA Southern Appoints Executive Director & COO
USTA Southern President & CEO Randy Jackson announced that USTA New England Executive Director/COO Matt Olson has been named USTA Southern Executive Director & COO.
OpSec Appoints VP Strategic Accounts And Partnerships
OpSec Security appoints Greg Sim as vice president, strategic accounts and partnerships in the North American Sports Licensing, Apparel and Footwear markets.
Amer Sports’ Debt Ratings Upgraded To Positive On Strong Earnings
Moody’s Investors Service changed to positive from stable the outlook on the ratings of Amer Sports as the company saw revenue growth of 29 percent in the year-to-date period ended September 30. Moody’s said, “Consumer demand for sports apparel, footwear and individual ball sports equipment has proven to be stronger than expected across all segments.”
MycoWorks Raises $125M To Scale Mushroom Leather Material
MycoWorks, a company developing a fungal-based biomaterial that it said could replace leather, has secured $125 million in Series C financing.
The Bay Appoints Chief Customer Officer
The Bay, based in Toronto, appointed Alexander Meyer as chief customer officer. Meyer will oversee strategy and customer insights, marketing and creative, loyalty, and communications functions for The Bay and Hudson’s Bay businesses.
Frankie4 Opens First Store And U.S. Headquarters In Seattle
Following the U.S. e-commerce launch of the women’s Australian fashion comfort footwear brand in 2021, Frankie4 has announced the opening of a retail store and U.S. headquarters in the Capitol Hill district of Seattle.
