Lipsey’s Promotes Cloessner to SVP; Hires New CFO
The firearms distributor has promoted Jason Cloessner to the position of SVP of product development and hired David Wascom, a former partner at Baton Rouge-based CPA firm Hannis T. Bourgeois, as company CFO.
Alpha Silencer Appoints Director of Brand Marketing and Strategy
Miranda Cook will reportedly oversee creative services, brand marketing, multimedia, social media initiatives, content creation, event marketing, and strategic marketing initiatives, reporting to VP Rebecca Steele.
Coleman, Marmot Parent Sees Further Cuts in New Organizational Realignment
The majority of the plan’s costs are in the area of cash severance payments and other termination benefits. The company plans to reduce its office roles by approximately 7 percent, with most expected to be complete by the end of 2024.
Famous Footwear Parent Caleres Reaffirms Full-Year Outlook
The parent of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, reaffirmed its financial outlook for consolidated sales, EPS and adjusted EPS for full year 2023.
Compass Diversified Promotes Three on Investment Team
The owner of Velocity Outdoor, BOA, Primaloft, 5.11, and other active lifestyle brands, promoted investment team members Raj Dalal, Lucas Scholhamer and Phoebe Madsen.
Lohla Sport Appoints New Rep for PNW, Rockies Regions
Golf and ski industry veteran Kristin Ericson was hired as senior business development executive for the ladies’ golf-lifestyle apparel brand in the Pacific Northwest and Rockies.
UK Retail Foot Traffic Declines Sharply in December
Overall retail UK foot traffic decreased by 5.0 percent year-over-year in December, down from a 0.7 percent decline in November, according to BRC-Sensormatic IQ data.
Tiger and Nike Confirm the End of an Era
Tiger was at the end of a ten-year, $200 million deal he signed with Nike in 2013. Along with his announcement on X, he uploaded a photo of himself with his mother, Kultida, and Nike Founder Phil Knight.
NRF: Import Cargo Enters Winter Lull as Red Sea Disruptions Continue
Inbound cargo volume at the nation’s major container ports should gradually decline during the first quarter of 2024 before increasing in the spring, according to the latest NRF report.
Outdoor Foundation Appoints New Executive Director
Lesford Duncan joins Outdoor Foundation as ED with over a decade of experience in public management in government and nonprofit sectors. Most recently, he was the CEO of the Greening Youth Foundation.
Fila Holdings Promotes Todd Klein to Global Brand President
The company appointed Fila USA President Todd Klein to take on the newly created role of global brand president. In addition to his existing responsibilities, Klein will assume responsibility for overall operations of the Fila brand including global product and marketing strategies.
Crocs Inc. Ups Guidance as Namesake Brand Passes $3 Billion Mark
The parent of the Crocs and HeyDude brands now expects record 2023 revenues of approximately $3.95 billion, which would represent over 11 percent growth compared to 2023, with the Crocs brand exceeding $3 billion.
Helen of Troy Home & Outdoor Segment Posts Fiscal Q3 Growth
The segment, which includes OXO, Hydro Flask and Osprey, increased 3.1 percent to $235.9 million for the three-month period ended November 30, compared to $228.9 million in the prior-year corresponding period.
Boot Barn Sees Fiscal Q3 Results In Line with Prior Outlook
The retailers expects net sales of $520.4 million for the quarter ended December 30, 2023, representing growth of 1.1 percent over the prior year. Diluted EPS is seen at or above the high end of its previously announced guidance.
Solo Brands Names Chris Metz as CEO; Company Cuts Full-Year Guidance
Revenue is now expected to be between $490 million and $500 million. This compares to our previous guidance of $520 million to $540 million. New CEO Chris Metz was, most recently, CEO of Vista Outdoor.
