Allbirds’ Sales Decline 25 Percent In Third Quarter
Allbirds, Inc. logged a loss of $67.6 million in the third quarter as sales fell 25 percent, in line with guidance. The footwear maker slightly improved its earnings guidance for the year while lowering its sales targets.
VSSL Expands Reach Into 2025 with New Sales Representation; Retail Activations
VSSL Gear announced several strategic initiatives before the holiday season, including hiring Gerten Outdoors and Lost Creek Group as sales representatives and launching a pop-up shop at District 1881 in Chilliwack, BC.
Wattbike Appoints Commercial Sales Director
Sam Theyers has over 25 years of experience working with Life Fitness, Fitness First, Ezdihar Sports, and LA Fitness and reportedly brings a deep understanding of the fitness category and a wealth of international connections.
Jansport Co-Founder Murray McCory Passes Away
Murray McCory, co-founder of JanSport credited with developing many of the brand’s iconic products, passed away in Seattle at the age of 80.
Rusty Surfboards Appoints General Manager as Production Returns to U.S.
Jen Cassidy was hired as general manager as part of an overall restructuring of the business—to bring the majority of production back to the U.S. and re-establish the brand in the custom marketplace.
Revolve Group’s Q3 Profits Surge On 10 Percent Sales Growth
The online fashion retailer reported adjusted earnings jumped 85 percent in the third quarter ended September 30 on a 10 percent revenue gain.
Kizik Appoints Nike Veteran as Design Chief
Andreas Harlow, a 22-year Nike veteran, joins the hands-free footwear brand after serving as VP/global footwear creative director for Jordan Brand for the last three years.
Planet Fitness Makes Last-Minute Bid for Blink Fitness
After losing out last week in a bankruptcy auction to U.K.-based fitness chain PureGym, Planet Fitness is seeking to make a bid for Blink Fitness.
NSSF: NICS Background Checks Decline in October
The National Shooting Sports Foundation (NSSF) reported that the October 2024 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure slipped 5.0 percent year-over-year, missing a typical bump that has occurred in past election-year cycles.
Vulcabras’ Q3 Sales Expand 7 Percent
Brazil’s Vulcabras reported sales increased 7.3 percent to R$784.6 million ($135 mm) in the third quarter with growth seen at its owned Olympikus brand as well as licensed Mizuno and Under Armour athletic footwear brands.
Report: Handgun Sales Slide in Q3 While Shotguns Lead Firearms Growth
RetailBI, a flagship product of Gearfire, released its Q3 2024 Shooting Sports Retail Report, which outlines the key trends and data from over 2,400 firearms retailers that displays a mixed performance.
MasterCraft Boat Holdings Raises Outlook as Retailer Inventories Get Cleaner
Given the incremental retail visibility and progress reducing field inventories during the quarter, the company raised the lower end of its full year guidance.
HanesBrands Closing Champion Distribution Center, Affecting 75 Jobs
According to a report filed with The N.C. Department of Commerce, the plant closure will result in the layoff of 75 workers. Some employees will lose their jobs around December 31. Others will stay on until around January 31.
Shooting Sports Industry Mourns the Passing of Richard Beebe
For 50 years, Richard Beebe was the driving force behind Redding Reloading Equipment. He passed away at his home in Central NY on October 31, 2024, surrounded by his family. His pursuit of quality and precision was relentless and his dedication and hard work was, and will continue to be, inspiring.
NRF Study Sees Sharp Increase in Cost to Consumers with Tariff Increase
The National Retail Federation is suggests in its latest study that U.S. consumers could lose between $46 billion and $78 billion in spending power each year if new tariffs on imports to the United States are implemented.
