Ski-Doo Parent Sees Fiscal Q4 Hurt by Sales Incentives, Weaker Winter Weather
BRP, Inc., the parent company of the Ski-Doo, Sea-Doo and Lynx power sports brands, reported Q4 results were mainly driven by a decrease in Seasonal Products deliveries and tough comps against a strong fourth quarter in the prior fiscal year.
Former NBA Exec Joins Realeague to Lead Basketball Operations as Senior VP
Greg Stolt joins the company as senior vice president of basketball operations. He has over 15 years of experience in basketball development for the NBA, primarily in East Asian and South Asian markets.
Celsius Expanding to Australia and New Zealand with Suntory
Celsius selected Suntory Oceania to manufacture, sell and distribute its products in Australia and New Zealand. The company previously announced a sales and distribution agreement with Suntory Beverage & Food in Great Britain and Ireland.
Sea to Summit Relocates North American HQ and Warehouse
The warehouse increases the brand’s capacity to meet business demands and support product expansion. The new corporate headquarters includes an upgraded showroom.
Astral Taps Bluewater Trading to Rep the Midwest Region
Bluewater Trading covers Minnesota, Iowa, Wisconsin, Illinois, Missouri, Kansas, Nebraska, the Dakotas, and the Upper Peninsula of Michigan.
Flite Golf and Entertainment Opens Atomic Golf Flagship in Vegas
Atomic Golf is located adjacent to The Strat Hotel Casino & Tower and will employ more than 900 local workers across the seven-acre site.
BJ’s Wholesale Club Continues Expansion with Five New Clubs in the Southeast and Midwest
Plans include new markets of Knoxville, TN and Myrtle Beach, SC.
OluKai Opens First Mainland Storefront in California
Olu Kai opens first mainland storefront at the Irvine Spectrum Center in Irvine, CA.
Inov8 Expands U.S. Outdoor Specialty Sales Network
John Swartz of JMS Enterprises and incumbent agency Midland Sales, two U.S. independent sales agencie, join Inov8’s outdoor, running and sports specialists network.
Reima North America Appoints New Sales Director
Mayon Sargent was, most recently, an independent consultant for Skagit Investments. Previously, she was the director of sales for the West region at American Outdoor Brands. Before AOB, Sargent was VP of sales and marketing at Sierra Bullets and Barnes Bullets.
Tedder Industries Appoints VP of Finance
Under Andrew Williams’ guidance, the company’s finance team is poised to drive the next phase of its growth strategy, enhancing profitability and instilling operational efficiencies throughout the organization.
SGB Updates Will Not Publish on Good Friday, March 29
SGB Media will not publish its regular SGB Morning Update or SGB Evening Update on March 29 in observance of Good Friday. Press Releases posted in the SGB PR Portal will be processed by the SGB Media Editorial Team before noon on March 28.
Report: 2023 Resale Grew 15X Faster than Retail
A new study found that 60 percent of consumers shop for secondhand apparel, giving them more for their money, while 55 percent said they would spend more on secondhand clothing if the economy does not improve.
Lands’ End Posts Wider Net Loss in Fiscal 2023 on Impairment Charges, Lower Sales
Fiscal fourth quarter revenues declined 2.8 percent to $514.9 million for the three-month period ended February 2. Global e-commerce net revenue was $1.0 billion, a decrease of 7.1 percent, due in part to Lands’ End Japan closure. U.S. e-commerce net revenue decreased 2.7 percent.
Pure Hockey to Open Store in Laguna Hills, CA
This will be the retailer’s fourth store in California, which also has locations in Anaheim, San Jose and San Marcos.
