Under Armour Appoints New SVP, Managing Director for EMEA
With nearly 20 years of experience growing high profile brands including Adidas, TaylorMade, Under Armour, and Yeti, Kevin Ross is said to bring proven talent and regional expertise to the company.
TriStar Arms Names 2023 Distributor of the Year
The importer of high-value shotguns and pistols said that Sports South, LLC earns the recognition for 2023 for being the greatest aid to TriStar Arms in helping Americans enjoy shooting sports with quality firearms at a reasonable price.
Smith & Wesson Announces Top Retailers as 2023 Ambassador Dealers
The Smith & Wesson Ambassador Dealer program recognizes retailers who serve as strong advocates for the Smith & Wesson brand and who continually support the growth of its brand and products.
Vigilant Gear Holdings Names Director of Sales
Justin Raney has been hired as the new director of sales for Primary Weapons Systems (PWS) and Lone Wolf Arms.
Johnson Outdoors Posts Fiscal Q1 Sales Decreases Across the Board
Camping revenue declined 49 percent, with approximately half due to the sale of its Military and Commercial tents business in 2023 and Watercraft Recreation revenue declined 50 percent, reflecting continued significant reductions in overall market demand.
NRF Economist: Labor Market and Interest Rates Will Play Major Roles in 2024
After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend on the labor market and what the Federal Reserve does with interest rates, according to NRF Chief Economist Jack Kleinhenz.
Tony Spring Taking Helm as CEO and Chair-Elect of Macy’s, Inc.
Jeff Gennette will continue as chair of the Macy’s Board of Directors until its 2024 Annual Meeting when Spring will take the helm as chair during the meeting.
Vista Outdoor Cutting Roles, Closing Offices in Revelyst Transformation Process
The company will close offices in Petaluma, CA; Overland Park, KS; Eagle, CO; and Madison, MS. Revelyst is consolidating teams across core locations. The staff cuts and office closures will have an estimated $100 million of realized annual cost savings by fiscal year 2027.
Stromer Grows Leadership Team
Welcomes Christoph Lindlein as CMO, Franz Reindl as CTO, and Lennart Wolff as a regional account manager.
Lotto Hires Head of Talent for U.S. Soccer Division; Adds to Athlete Roster
Lotto hired former Major League Soccer MVP Mike Magee as the first head of talent for its U.S. soccer division and signed St. Louis City SC vice-captain and defender Tim Parker as an ambassador athlete.
Skechers Posts First $8 Billion Year; Shares Fall on Guidance
For the fiscal year 2024, the company believes it will achieve sales between $8.60 billion and $8.80 billion and diluted earnings per share between $3.65 and $3.85 a share.The company sees Q1 sales between $2.175 and $2.225 billion.
Deckers Brands Again Firing on All Cylinders; Ugg Posts Billion Dollar Q3
Net sales increased 16.0 percent to $1.56 billion compared to $1.35 billion in the prior-year period. On a constant-currency basis, net sales increased 15.1 percent. Net sales are expected to be approximately $4.15 billion for 2024.
Columbia Sportswear Q4 Profit Falls 26 Percent; Guides Lower for 2024
Chairman and CEO Tim Boyle expects 2024 to be a challenging year as retailers place orders cautiously, and economic and geopolitical uncertainty remains high.
Decker Brands Names New CEO Designate as Powers Plans Retirement
Dave Powers has decided to retire as president and CEO, effective August 1, 2024. Stefano Caroti, the company’s chief commercial officer, will be appointed president and CEO, effective upon Powers’ retirement.
Unifi, Inc. Sees Flattish Fiscal Q2 Sales Muted by Lower Prices
The makers of Repreve and an innovator in recycled and synthetic yarns, reported that net sales were $136.9 million in the fiscal second quarter ended December 31, driven by sales growth that was muted by lower pricing in response to lower raw material costs.
