NSSF: November Adjusted NICS Background Checks Climb 5 Percent
The National Shooting Sports Foundation (NSSF) reported that the November 2023 NSSF-adjusted National Instant Criminal Background Check System number increased by 5.0 percent, its second consecutive positive month.
Sporting Goods Industry Mourns the Passing of Jim Easton
Jim Easton, the second-generation owner of the Easton sports equipment companies and a pioneer in aluminum-based manufacturing processes used in sports equipment, died at his home in Los Angeles on December 4 at the age of 88.
Topgolf Callaway Brands’ Debt Rating Revised to Negative
S&P Global Ratings revised its debt rating outlook on Topgolf Callaway Brands Corp. to negative from stable due to its recent report of weaker-than-expected performance for the third quarter despite maintaining relatively consistent S&P Global Ratings-adjusted EBITDA margins.
Isbjörn of Sweden taps Sprout Sales for Canadian representation
Isbjörn of Sweden hired Toronto-based sales agency Sprout Sales, Inc., led by industry veteran Kelly Holmes, as its retail sales agent for the Canadian market.
Watchtower Firearms Hires Indie Sales Rep Agency
Veteran-owned firearm manufacturing company Watchtower, based in Spring, TX, has appointed independent sales rep agency Lou Leamont Sales & Marketing to handle sales on the East and West coasts, effective immediately.
Nobull Appoints Ex-Timberland President as COO
Nobull appointed Susie Mulder, the former global brand president of Timberland, as chief operating officer, effective immediately.
Saxx Taps Ecco Americas C-Suite for New CEO
Underwear maker Saxx appointed Tom Berry as chief executive officer, succeeding Wendy Bennison. Most recently, Berry was president and CEO of the America’s region for the Danish footwear company Ecco.
Gaia Appoints New CEO
Yoga-streaming company Gaia, Inc. appointed James Colquhoun as chief executive officer. Colquhoun has worked as the company’s chief operating officer since June 2023.
G-III Apparel Group Raises EPS Guidance on Q3 Beat
G-III Apparel Group, Ltd. raised its earnings guidance for the year after EPS in the third quarter ended October 31 came in well above plan, boosted by strength at wholesale channels. Sales eased 1 percent in the period.
DSW Parent’s Shares Fall Sharply After Tough Q3, Guidance Cut
Designer Brands, Inc., the parent company of DSW, Keds and Topo Athletic, reported that fiscal third quarter net sales decreased 9.1 percent year-over-year to $786.3 million. Total comparable sales decreased by 9.3 percent YoY for the period.
G-III Apparel Appoints Chief Growth and Operations Officer
G-III Apparel Group, Ltd. hired Dana Perlman as chief growth and operations officer, effective January 8, 2024. Most recently, Perlman spent over ten years working at PVH Corp.
The Buckle Appoints Three Execs, Announces Special Dividend
The Buckle, Inc. announced a special dividend of $2.50 per share and several executive appointments, including a VP of Sales; VP, Assistant General Counsel and Assistant Corporate Secretary; and VP of Marketing.
REI to Close Santa Monica Store
REI confirmed plans to close its store in downtown Santa Monica, CA, due, in part, to higher costs of doing business. The two-story, 32,000-square-foot location will close February 29, 2024.
Livsn Designs Secures Funding From RZC Investments
Livsn Designs, a sustainable outdoor apparel brand, reported it raised seed capital led by RZC Investments, a Bentonville, AK-based multi-strategy investment firm on behalf of Steuart and Tom Walton.
Aerosoles to Expand into Apparel Through License
Aerosoles signed a new licensing agreement with Maze Collections, Inc. for the distribution of career pants, further expanding beyond women’s footwear.
