Academy Sports and Outdoors Sees Positive Change in Q4 Sales Trend
The retailer reported that it did not meet its own expectations for Fiscal 2023 but a trajectory change in the fourth quarter turned the frown upside down. Fourth quarter net sales were up 2.8 percent to $1.79 billion while comp store sales declined 3.6 percent for the period.
Golf Industry Veterans to Rep Sun Mountain Sports
Chivonne Wilson will represent Sun Mountain in the North Florida market. Tom Funderburk will represent Sun Mountain in the Oklahoma/Arkansas market.
DSW Parent Designer Brands Sees Shares Slide on Miss Against Street Estimates
The parent company to the DSW, Topo, Keds, Hush Puppies and other footwear brands, saw net sales decrease 0.8 percent to $754.3 million in the fiscal 2023 fourth quarter. Total comparable sales decreased by 7.3 percent for the quarter.
NRF Sees Retail Growth Slowing in 2024 as Economy Slows
The National Retail Federation forecasted 2024 retail sales would increase between 2.5 percent and 3.5 percent year-over-year to come in at $5.23 trillion to $5.28 trillion, a moderation from the 3.6 percent growth in 2023.
Shoe Carnival Sees Sales Improving in 2024 with EPS in Line with 2023
Shoe Carnival, Inc. reported net sales came in at the high end of the company’s expectations, totaling $280.2 million in Fiscal 2023 fourth quarter and $1.18 billion in Fiscal 2023 year ended February 3.
Buds Gun Shop Appoints Chief Marketing Officer
Steve Reed has most recently served as VP of marketing for firearms manufacturer Daniel Defense where he led all marketing and branding efforts. Prior to DD, he served in the same capacity for shooting sports distributor AcuSport.
EXEC: U.S. Shoppers Are Under the Influence of Influencers
Now it’s the content creator, or influencer that is moving the market for brands, products, food, restaurants, new stores, and just about anything that requires a decision on the part of a consumer. If you are a marketer, you know this story all too well.
Report: Retail Traffic Trends at Nike and Lululemon Ahead of Earnings
With less than 24 hours before Nike and Lululemon report their most recent quarterly results to the market, a recent report from Placer.ai appears to be rather timely as brands, retailers, investors, and consumers look for the bigger picture.
Eight Sleep Enters Tennis with a New Investor and Brand Ambassador
Taylor Fritz, the highest-ranked American male tennis player, has joined Eight Sleep as an investor and ambassador for the company. Fritz said he began using Eight Sleep’s Pod in early 2023 to optimize sleep and recovery and enhance his on-court performance.
OnX Acquires TroutRoutes, Expands into the Angling Industry
OnX Fish will launch on iOS and the web exclusively in Minnesota this spring, with plans to expand across the Midwest later this year.
Topgolf Callaway Not Aware of any Sale Discussions
Topgolf Callaway reported today that the company is “unaware of any discussions” regarding the sale of the business.
Big Agnes Hires Director of Design and Development
Michael Thompson is an outdoor industry veteran with 20 years of experience, having worked for Black Diamond Equipment, The North Face and Pearl Izumi.
Cycle Limited Relocating to New South Florida HQ
The online retailer of certified pre-owned bikes said the larger facility accommodates an expanding in-house team and provides a broader selection of certified pre-owned and new bikes, components and frames.
Shimano North America Fishing Appoints Jason Livermore as SVP
As SVP, Livermore will reportedly oversee all operational teams, including sales, marketing, supply chain, e-business, and customer services.
Primary Arms Government Appoints Territory Field Sales Manager
The company promoted Andrew Bredsguard-Brown to field sales manager over the U.S. Central Territory, which covers central Texas and 16 states across the central region.
