Revelyst and RCBS Announce Weaver Mounts License
As part of this agreement, RCBS will continue to manufacture all Weaver rings, bases and mounts in its Oroville, CA, headquarters. RCBS has manufacturered reloading ammunition tools since its founding in 1943. Since 1930, Weaver Mounting Systems has manufactured optics mounting systems
L.A.B. Golf Bolsters Leadership Team
Robert Johnson joins the company as president. Headquartered in Eugene, OR, the company’s patented technology eliminates torque to give golfers the ability to repeat their golf stroke.
Big 5 Sporting Goods Narrows Q4 EPS Guide After Comps Fall 6.1 Percent
The company now expects to report a loss per basic share in the range of 94 cents to 97 cents for Q4, which compares to previous guidance for a loss per basic share in the range of 80 cents to $1.05.
Under Armour Renews Global Eyewear Licensing Agreement with Safilo Group
Through the renewed agreement until 2031, the companies will offer sunwear and prescription eyewear solutions that support athletes on and off the field.
Cotton Inc. Promotes William Kimbrell to President and CEO
The 22-year veteran of Cotton Inc. was executive vice president and chief operating officer before his promotion to CEO and president in November.
CNBC/NRF: Retail Monitor December Retail Sales Jump; Sporting Goods Rebounds
Core Retail Sales, excluding restaurants, auto dealers and gas stations, rose 2.2 percent m/m in December and up 8.4 percent y/y. That compared with a decrease of 0.19 percent m/m and an increase of 1.4 percent y/y in November.
Veo Strip Appoints Nike Veteran as Company’s First CEO
The company that created a product to prevent sweat from affecting an athlete’s vision during physical activity has tapped former Nike executive Tom Kelley as its first CEO.
Urban Outfitters Posts Strong Holiday Led by Anthropologie and Free People Comps
Comparable Retail segment net sales increased 10 percent at Anthropologie, grew 9 percent at Free People, and decreased 4 percent at Urban Outfitters. Nuuly segment net sales increased 55 percent.
ThredUp Sees Easy Beat for Preliminary Q4 Results Against Latest Outlook
The company posted total fourth quarter revenue growth of 9 percent in the U.S. market year-over-year, compared to the company’s initial guidance of a decline of 6 percent to 2 percent for the period
Purpose Brands Appoints Brand President for Orangetheory Fitness
Lauren Cody assumes the role on January 27, with Orangetheory Co-founder and CEO Dave Long fully transitioning to co-chair of the Purpose Brands board, where he will serve as a strategic advisor to the Orangetheory brand leadership team.
RG Barry Brands Names Justine Suh President of Dearfoams
Most recently, Suh served as general manager at Carter’s North America Retail. Before that, she was chief merchandising officer at Cole Haan and VP, global general merchandise manager of Omni Channel at Deckers Brands.
Zumiez Inc. Cuts Guidance as Mid-Singles Holiday Comps Growth Falls Short
Based on results for the holiday period, the company anticipates fiscal 2024 fourth-quarter net sales come in between $275 million and $277 million, compared to its previous guidance range of $284 million to $288 million.
MeatEater, Inc. Appoints Kevin Eskridge as Chief Commercial Officer
Kevin Eskridge joins MeatEater from Brunt workwear and after an 11-year tenure at Under Armour. Scott Trepanier, who reports to Eskridge, also joined MeatEater after a 14-year career at Columbia Sportswear, most recently as VP marketing.
Nanuk Gear Protection Appoints VP of Global Sales for Consumer Division
Terri Schiek has over 30 years of experience working in executive roles with companies such as SA Consumer Products, Igloo, and Pelican Products.
Foot Locker, Inc. Elects Two Retail Heavy Hitters to Board of Directors
Sonia Syngal most recently served as president and CEO of Gap, Inc., including overseeing Old Navy, Gap, Banana Republic, and Athleta. John Venhuizen has served for 12 years as president and CEO of Ace Hardware Corporation.
