Leica Appoints Director of Marketing for Sport Optics
Ryan Holm joined Leica USA’s sports optics division and has now stepped into the leadership role as part of Leica’s strategy to reenergize its brand and build on momentum across core verticals such as hunting, birding, and outdoor recreation.
Callaway Revenues Beat Q3 Estimates Despite Flattish Sales from Topgolf and Equipment
The company posted a 2.7 percent year-over-year decrease in revenue, driven by an 11.1 percent decrease in the Active Lifestyle segment, and partially offset by 1.2 percent revenue growth at Topgolf and flat growth in Golf Equipment revenues.
ThredUp Adds Amazon, Resale Vet as Head of Social Commerce
With over thirteen years of experience in e-commerce, fashion tech and resale, Danielle Vermeer will spearhead ThredUp’s efforts to make resale more engaging and accessible to a broader audience through innovative shopping experiences.
Beachbody Narrows Net Loss Despite Revenue Decline as Model Pivot Moves Forward
The company said its Q3 results demonstrated the continued successful execution of the first phase of its Pivot turnaround plan, with significant improvements in adjusted EBITDA and positive free cash flow generation. Revenue fell over 20 percent year-over-year.
Skechers Readies Move to New European Distribution Center in 2028
The company will relocate its European distribution center to a 200,000-square-meter facility in Liège, Belgium to support the brand’s strategic expansion across Europe.
Sig Sauer Inks JV Deal with Indian Defense Plant to Support India’s Military Needs
The company has entered into a joint venture with Nibe Defence and Aerospace Limited to advance small arms and ammunition manufacturing operations in India. The Government of India, Ministry of Defence first awarded Sig Sauer a contract for the SIG716 in 2019 for 72,400 rifles.
Kinsey’s, Inc. Fills Two Open Buyer Positions
New buyers include Louie DuChene and London Sasse, both with prior industry experience. They are said to be filling necessary buyer roles in the company.
On Holding Continues Aggressive Growth But Higher Q3 Costs and EPS Miss Worry Street
On saw its highest gross profit margin since its IPO in September 2021, reaching 60.6 percent of net sales in Q3 2024, reportedly driven by growth in the DTC channel and a “continued disciplined approach to full-price sales.”
Nature’s Sunshine Products Taps Deckers CFO for Board of Directors
Since June 2018, Fasching has served as the CFO of Deckers Brands, which includes iconic brands such as Ugg, Hoka and Teva. Fasching has held other senior positions at Deckers since August 2011, including VP, strategy & investor relations and VP, strategic financial planning.
Fleet Feet Appoints New VP of Marketing and Digital
Jonathan Sipling brings over 20 years of experience to the position. Previously, he was Dish Wireless’s chief merchandising officer.
BJ’s Wholesale Club Promotes Two Senior Operations Leaders
Scott Schmadeke, SVP, field and fresh operations, has been named EVP and chief operations officer, effective immediately, and Krystyna Kostka, SVP of operations, has been named chief supply chain officer.
Torque Fitness Promotes Jaime Bugge to Director of National Accounts
As director of national accounts, Bugge will focus on growing Torque’s partnerships with national fitness chains, wellness centers and athletic performance facilities, helping to equip diverse and expanding markets with the company’s equipment.
Skechers Opens New Store on Maui
Skechers continues to support Maui’s recovery efforts following the 2023 wildfires by opening a new store on the island and contributing to grassroots organizations on the front lines of Maui’s recovery following the 2023 fires.
GameAbove Sports Takes Ownership Stake in Brisbane Bullets with NBA Legend
This move marks a milestone for GameAbove Sports, a CapStone Holdings, Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics and contributes to the growth of basketball in Australia and beyond.
Johnnie-O Strengthens Leadership with National Sales Manager for Green Grass
Katie Wiedmar’s role includes spearheading Johnnie-O’s green grass partnerships nationwide, strengthening the brand’s presence in this key sector while driving new opportunities for growth and collaboration.
