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.
Circana Creates Global Commercial Group as Tim Bush Plans Exit
The creation of a Global Commercial organization, which will encompass Circana’s global client verticals and solution groups, will be led by Jeremy Allen in the newly created role of chief commercial officer.
The Picklr Taps Former NFL QB to Open Midwest Pickleball Locations
Drew Brees will also become an owner of several facilities and act as the area developer of 30 Picklr franchises throughout Indiana, Ohio, and Michigan. An inductee of Purdue’s Intercollegiate Athletics Hall of Fame,
Pickleball Kingdom Expands into Washington State
Pickleball Kingdom is expanding into Seattle and Bellevue, WA, respectively, spearheaded by franchisee John Hyland.
Ross Stores Appoints President and CMO for DD’s Discounts
Karen Fleming, currently group EVP of merchandising for DD’s Discounts, has been promoted to president and chief merchandising officer for the Ross Stores division.
Watchtower Firearms Appoints Chief Growth Officer
Jordan Davis as chief growth officer to help manage and drive the company’s growth initiatives. He has previously serve in senior leadership roles at Volcom, Inc., O. Mustard, and Remington Outdoor.
Crocs Brand Gets New President as Michelle Poole Sets Retirement Plan
EVP & CFO Anne Mehlman will be promoted to EVP and president of the Crocs Brand. Until her replacement is named, Mehlman will continue as CFO of the company.
Canada Goose Updates Guidance After Solid Holiday
Total revenue for the fiscal third quarter ended December 31 increased 6 percent year-over-year (YoY) to C$609.9 million, or up 5 percent on a constant-currency basis.
Peloton Shares Down on Lower Outlook, Mixed Fiscal Q2 Results
Total revenue was down 6 percent to $743.6 million for the fiscal second quarter ended December 31, 2023. Connected Fitness segment revenue was $319.1 million, down 16 percent year-over-year. Subscription revenue was up 3 percent to $424.5 million for the period.
Boot Barn Holdings Sees Comps Down and Profits Up in Fiscal Q3 Period
The 9.7 percent decrease in consolidated same-store sales is said to be comprised of a decrease in retail store same-store sales of 9.4 percent and a decrease in e-commerce same-store sales of 11.5 percent.
Pickleball Kingdom Expands into Austin, TX
The Austin franchisee is Jared Jolly, a seasoned entrepreneur. He has reportedly built multiple businesses in mobile communication, online stores and in the wholesale space.
Pvolve Expands Leadership Team with Two New Hires
Stacey Heald joins Pvolve as chief operating officer of franchise development, overseeing the business’ franchise strategy, operations, and P&L and Alexis McDowel joins the company as the first global VP of communications.
Outtech Sales Services Adds Regional Manager
Cameron Barto joins the company as a regional manager for the company’s independent channel, working with retailers in West Virginia, Maryland, Delaware, New Jersey, and Northern VA.
Walmart U.S. Now Sees 150 New Stores Over Next Five Years
The retailer is also finalizing construction plans on 12 new projects it intends to start this year, along with converting one of its smaller locations to a Walmart Supercenter.
