Delta Sees Salt Life Sales Inch Up in Q1 on DTC Gains; Activewear Falls 28 Percent
Delta Apparel, Inc. reported net sales of $79.9 million for the first quarter ended December 30, a 25.5 percent decline compared to prior-year period net sales of $107.3 million.
Perfect Moment Closes Its Initial Public Offering
Perfect Moment, Ltd. closed its initial public offering of 1,334,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of approximately $8 million.
Chris Walsh, Former Reebok and Crocs Sales Executive Passes Away
Chris Walsh has passed away at the young age of 61. Chris was the VP of National Accounts at Reebok for many years after running the footwear business in the Reebok Southeast region.
Wiley X to Assemble New Products in Frisco, TX Headquarters
“By bringing assembly of new products under our own roof we’re taking even greater control of the manufacturing process.”—Myles Freeman, President and Co-Owner, Wiley X
Deckers Brands Taps into Nike Running Leadership for New Hoka President
Robin Green has an extensive track record of leading and operating complex global businesses while delivering transformative results and brand growth, most recently as global VP of men’s running and fitness for Nike, Inc.
Crunch Fitness Appoints New President as Midgley Moves to Board
Chequan Lewis, former COO at Pizza Hut U.S., was president of Crunch. Ben Midgley will transition from CEO of Crunch Franchising to Crunch’s Board of Directors as of March 15, and will be integral in franchisee relations.
Report: January Year-Over-Year Retail Sales Trend Accelerates from December Trend
January sales were up in six out of nine retail categories on a yearly basis, led by online sales, health and personal care stores and clothing and accessory stores, and up in five categories on a monthly basis.
Fly Fishing Community Mourns the Loss of Legendary Angler Cathy Beck
Beck was a master angler and considered a pioneer in fly fishing instruction. She leaves an “indelible mark on enthusiasts worldwide” for her unwavering dedication to the sport and anglers worldwide.
Former TaylorMade CEO Mark King Tapped as Big3 Chairman
The global 3-on-3 basketball league founded by Ice Cube and Jeff Kwatinetz tapped sporting goods industry veteran Mark King to join the Big3 as chairman of the Board of Directors.
Adidas Neuroscience Study Assesses Impact of Pressure on Sports Performance
Adidas set out to tackle the negative impact of pressure in sports and found that grassroots athletes experience the same amount of pressure as elite-level athletes but are less equipped to deal with it.
Eoin Comerford Departs Moosejaw CEO Post with Integration into Public Lands
Comerford made the announcement on LinkedIn last week which aligns with the previously announced timeline for consolidating the Moosejaw business into Dick’s SG’s Public Lands retail business based in Pittsburgh, PA.
Amer Sports Prices and Increases New Private Notes Offering
The new size of the offering reflects an increase of $200 million in aggregate principal amount of the Notes from the previously announced offering size of $600 million.
NRF: Import Cargo Continues to Rise Despite Red Sea Disruptions
U.S. ports covered by Global Port Tracker handled 1.87 million Twenty-Foot Equivalent Units, one 20-foot container or its equivalent, in December, the latest month final numbers are available, down 1 percent from November but up 8.3 percent year-over-year, the report indicated.
Ammo, Inc. Halves Fiscal Q3 Loss Despite Sales Decline as Costs Cutting Continues
The owner of GunBroker.com, said the decrease in revenue was primarily related to the decline in sales activity from its ammunition segment due to a change in the U.S. commercial ammunition market from the comparable prior-year quarter.
Newell Brands Sees Q4 Active Outdoor Lifestyle Sales Fall 22 Percent
The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, reported fourth quarter net sales of $2.1 billion, a 9.1 percent decline compared to the prior-year Q4 period, reflecting in part, the impact of category exits and favorable foreign exchange.
