SGB Update Outdoor
Yue Yuen Manufacturing Business Falls 21.3 Percent In March
Yue Yuen Industrial (Holdings) Limited, the subsidiary of Pou Chen Corporation that manufactures a large percentage of global athletic and outdoor footwear, reported that its net consolidated operating revenue for March was $696.5 million, a 10.0 percent decline versus the year-ago month.
Anta Sports Saw Solid Q1 China Retail Sales Growth With Fila Up In High Singles
Anta Sports Products Limited reported that retail sales of Anta-branded products posted mid-single-digit growth in the first quarter compared to the year-ago comparable period.
Pou Sheng Retail Sales Surge 29.8 Percent In March
Pou Sheng International (Holdings) Limited, the China-based retail subsidiary of Yue Yuen Industrial (Holdings) Limited, reported that net consolidated operating revenue for March was RMB 1.73 billion, up 29.8 percent from RMB 1.34 billion in the year-ago comparable month.
Sun & Ski Sports Opens Salt Lake City Location
Sun & Ski Sports will officially open its 33rd store in Murray, UT, on April 14. Representatives from On, Hoka, Cannondale, Shimano, Rocky Mountain Bicycles, and Haro will attend the grand opening.
Xtep International Sees 20 Percent Retail Sales Growth In First Quarter
The Board of Directors of Xtep International Holdings Limited, which operates retail stores in China for K-Swiss, Palladium, Merrell, and Saucony, in addition to Xtep brand stores, reported that retail sell-through growth in the first quarter, including brick & mortar and online channels, increased approximately 20 percent versus the year-ago comparable period.
Gunpowder, Inc. Forms Executive Leadership Team
Gunpowder, Inc. reported forming an executive leadership team, promoting Carie Breunig to the chief operating officer, Leah Berg to president and Caitlin Conley to vice president of finance. Agency Founder Ryan Chuckel will remain in the CEO role.
North St. Bags Moves Headquarters
North St. Bags, the maker of bike panniers and bags, is moving its headquarters to a renovated building in inner North Portland, OR.
Vista Outdoor Promotes Vanderbrink To CEO, Sporting Products Segment
Vista Outdoor, Inc. promoted Jason Vanderbrink to Sporting Products’s CEO, effective immediately. Vanderbrink has been with the company since 2005 in executive leadership roles, including senior vice president of sales and president of Sporting Products.
Pure Fishing’s Debt Ratings Downgraded On Weak 2022 Results
Moody’s Investors Service downgraded the debt ratings of SP PF Buyer LLC, doing business as Pure Fishing, as the fishing gear maker’s sales declined 15 percent in 2022.
Nocs Provisions Hires VP Of Global Sales
Nocs Provisions hired Nicole Chabot for the newly created role of vice president of global sales.
Authentic Brands Group Signs Agreement To Acquire Quicksilver, Billabong, DC Parent
After months of speculation in the active lifestyle market about a pending deal in the beach/skate lifestyle space, Authentic Brands Group reported it signed an agreement to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. On March 31, Authentic said it entered a period of exclusivity and made a binding offer to purchase Boardriders.
Camping World To Acquire Travel Land RV Center In Michigan
Camping World Holdings, Inc. reported it would acquire Travel Land RV Center in Houghton Lake, MI, expected to close in the second quarter of 2023.
Nordstrom To Open Rack Store In Elk Grove, CA
Nordstrom, Inc. reported it plans to open a new Nordstrom Rack store in Elk Grove, CA, in spring 2024.
Report: Year-Over-Year Online Prices Fell Again In March But Apparel Shows Increases
Adobe is reporting that online prices in March 2023, as tracked via the Adobe Digital Price Index (DPI), powered by Adobe Analytics, fell 1.7 percent year-over-year (YoY), marking the seventh consecutive month of YoY price decreases.
Feelfree US Expands With West Coast Distribution Center
Feelfree US, LLC opened a new regional distribution center in Diamond Springs, CA, to meet consumer demand in the West Coast region.
