Nordstrom Beats Q4 Sales and Earnings Estimates; CFO Heading to Starbucks
In the fourth quarter, active, women’s and men’s apparel reportedly had the strongest growth versus fourth quarter 2023. For fiscal 2024, active, women’s and men’s apparel, kids, and shoes were said to be the strongest categories.
Bogs, Rafters & Forsake Parent Company Weyco Sees EPS Jump on Flat Sales Growth
Weyco Group, Inc., parent company of the Bogs, Rafters, Florsheim, Nunn Bush, Stacy Adams, and Forsake brands, posted net sales of $80.5 million, essentially flat to the fourth quarter of 2023.
SFIA Names VP of External Affairs & Industry Relations
Bonnie McLaughlin will join the Sports & Fitness Industry Association and to its executive team on March 10, 2025. The SFIA also promoted Lisa Futterman to senior manager of Marketing and Communications reporting to McLaughlin.
Pickleball, Inc. Sees New Investment from Hyperspace Ventures
This new deal represents the largest single investment by Hyperspace Ventures and made alongside Good Alpha Industries, Sinclair Broadcast Group, and other investors, joining Tom Dundon and Dundon Capital Partners.
True Spec Golf Expands Footprint in New York City
The club fitting service has partnered with Chelsea Piers, New York City’s sports and entertainment complex. The venue, inside Chelsea Piers Golf Club driving range, joins True Spec NYC North, NYC Grand Central and NYC Downtown locations.
Target Signals Concerns over Tariffs and Consumer in Cautious 2025 Outlook
Target said fourth quarter results were led by strong performance in Sporting Goods, Apparel, Entertainment, Beauty and Toys.
On Holding Swings to Q4 Profit in Q4; DTC Reaches 48.8 Percent of Net Sales
On’s fourth quarter net sales increased 35.7 percent (+40.6 percent constant-currency) to CHF 606.6 million. The strong performance was said to be supported by On’s ability to convert on the rapid rise in brand awareness across the globe.
Delta Waterfowl Names New CEO
Jason Tharpe has been named CEO. Tharpe has been with Delta Waterfowl for 22 years, most recently serving as chief development officer.
Eylar Partners with Outtech to Drive Sales and Marketing
Through the partnership, the designer and manufacturer of protective cases for firearms, optics and outdoor gear, will expand its reach to a broader audience through sales and marketing solutions provided by Outtech.
Consello Appoints Head of Sports Advisory Business
The global advisory and investing platform, that includes Tom Brady and Serena Williams as a partner, announced the appointment of Nick Mullen as head of its Sports Advisory Business. Prior to joining Consello, Mullen founded Dynamiq Ventures.
Serena Williams Joins Ownership Group of Toronto Tempo
Williams will contribute to bringing the Tempo “to life visually” as part of her ownership role. She will also play an active role in “future jersey designs and help forge team merchandise collaborations.”
REI Co-op is Gearing Up for New Larger Lynwood, WA Location
REI’s Alderwood Mall location will close at 3 p.m. on March 23. The larger relocated store will soft open to the community on March 28. A two-day grand opening is planned for April 4-6.
Celsius Holdings Appoints President and COO; Fieldly Retains Chair and CEO Role
Eric Hanson reportedly brings to Celsius deep experience leading sales, commercial planning and partnership management, and he most recently served as SVP of strategic partnerships at PepsiCo.
Life Time Debuts 14th Athletic Country Club in Evanston, IL
The company said the 60,000 square-foot destination, which is situated near the shores of Lake Michigan, extends Life Time’s signature healthy way of life programs and services to the downtown Evanston area.
Streamlight Names New President
Michael Dineen will maintain his previous responsibilities in his new role and lead Product Management, Accounting and Finance, and IT operations. Dineen joined Streamlight following a 17-year career with MSA Safety, which accounts for a significant portion of Streamlight’s business.
