SGB Update Outdoor
Nordstrom Family Members Look to Take Namesakes Retailer Private Again
The company’s CEO, Erik Nordstrom, and president, Pete Nordstrom, notified the Board of their interest in pursuing a potential transaction pursuant to which Nordstrom would become a private company.
Kent Outdoors Hires Rob Otto as CFO
Founded in 1959 in New London, Ohio, Kent Outdoors is a diverse platform of outdoor brands with a broad product set spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards, and more.
NRF Promotes Adam Lukoskie to Senior VP
The National Retail Federation promoted Adam Lukoskie, executive director of the NRF Foundation, to also serve as senior vice president of NRF.
The UK Gets a New Surf Shop in Cornwall
UK-based 10 Over Surf Shop is celebrating the grand opening of its concept store in Lantegue Studios in Cornwall, a peninsula to the southwest of Wales in the United Kingdom.
NBDA Appoints Andrew Feenstra First Vice Chair of Board of Directors
The National Bicycle Dealers Association (NBDA) appointed Andrew Feenstra, owner of Cyclesmith Halifax, as the first vice chair of the NBDA Board of Directors.
Brixton Taps Former Levi’s, Hurley and Quiksilver Exec as New CEO
Seth Ellison, a Southern California native and 40-plus-year veteran of the lifestyle apparel and action sports categories, takes the helm as CEO of the omni-channel lifestyle brand headquartered in Oceanside, CA.
Sportsman’s Warehouse Cuts Board Size to Six Members
Board members Erica Fortune, Gregory P. Hickey and Philip C. Williamson have reportedly notified the Board of Directors of their intent to resign as Board members prior to the company’s 2024 Annual Meeting of Stockholders.
Massimo Group Reports Fiscal Year 2023 Financial Results
Full-year 2023 revenues were up 32.9 percent to $115.0 million on strong sales of powersports vehicles and Pontoon boats.
Head/Tyrolia Hires Wintersports Marketing Coordinator
Natalie Dyksterhouse’s “deep connection to the sport enriches her approach to the role at Head.”
Terence Reilly Rejoining Crocs, Inc. as New President of HeyDude Brand
Terence Reilly will join the Crocs, Inc. executive leadership team on April 29, reportinh to company CEO Andrew Rees. Reilly succeeds Rick Blackshaw who is leaving the company effective immediately.
NRF Appears to Promote Two Monthly Sales Trend Reports with Differing Data
March’s core retail sales as defined by the NRF, based on the census data but excluding auto dealers, gas stations, and restaurants, were up 1.1 percent seasonally adjusted from February and up 3.2 percent unadjusted year-over-year.
Nike E-Com Executive to Lead Sephora’s China Operations
Ding Xia is responsible for turning around Sephora’s ailing business in Mainland China.
Selle Royal Group and H2 Moving to In-House Territory Managers in U.S. Market
In the U.S., H2 has positioned company territory managers across the country who will serve as sales and marketing representatives to their program dealers. The company will continue using outside sales reps in Canada.
Havaianas Parent Appoints Former Nike Exec as President Europe
Harm van de Camp will head up the European operations based in Madrid. He has over 18 years of experience in the footwear and fashion industry, having worked for Nike, leading the EMEA region across wholesale and DTC sales.
CNBC/NRF: March Retail Sales Grew 2.7 Percent
Total retail sales, excluding automobiles and gasoline, were up 0.36 percent seasonally-adjusted month-over-month and up 2.7 percent unadjusted year-over-year in March, according to the Retail Monitor.