Winchester Completes Acquisition of White Flyer Targets
Olin Corporation reported that it completed its previously announced acquisition of White Flyer Targets, a recreational trap, skeet, and sporting clay target maker based in Webb City, MO. White Flyer will be combined with the Winchester Ammunition business.
RealReal’s CFO to Step Down
The RealReal announced that Robert Julian will step down as chief financial officer, effective January 31, 2024, or when the company finds his replacement.
Report: Vuori Exploring IPO
Vuori, the Southern California-inspired activewear brand, is talking to investment banks about a potential initial public offering by the middle of next year.
Leupold Names Director of Marketing
Leupold & Stevens, Inc. promoted Lucas Burt to director of marketing, effective immediately. Burt has worked for the manufacturer of sport optics since 2017 as brand creative director.
Fabletics Appoints VP Wholesale for Europe
Fabletics appointed Thomas Fröhlke as vice president wholesale for Europe. Previously, he was head of sales for four years at Hunter Boots.
SEC Charges Coleman’s Parent Co, Former CEO With Misleading Investors
The SEC on Friday charged Newell Brands and Michael Polk, its former CEO and current CEO of Implus, with misleading investors over financial accounting practices. The company and Polk agreed to a settlement with the SEC.
Head/Tyrolia Hires New Sales and Marketing Associate
Head/Tyrolia, the ski and binding brand, hired Max Bervy, III, as Wintersports sales and marketing associate based in the company’s Boulder, CO office.
Lululemon Undergoes Layoffs Following Peloton Partnership
Lululemon confirmed that it laid off approximately 120 Lululemon Studio employees following the announcement that it partnered with Peloton and the related discontinuance of its Mirror device.
Dick’s SG To Open Store in Glen Carbon, IL
Dick’s Sporting Goods plans to open a new store at Orchard Town Center in n Glen Carbon, IL, in spring 2025.
Toys R Us to Open Up to 24 Flagship Stores in the U.S. Next Year
WHP Global, the parent company of Toys “R” Us, partnered with Go! Retail Group to open as many as 24 Toys R Us flagship stores across the U.S. starting next year.
Report: Woods and Golf Balls Help Drive Positive Golf Equipment Growth in August
Golf Datatech reported that golf equipment sales posted an increase in on-and off-course specialty stores in August after 11 consecutive months of contracting sales. Total golf equipment sales reportedly grew by almost 3 percent for the month in the channel, driven by the Woods and Golf Balls categories.
Jack Wolfskin Appoints New CEO as Current CEO and GM Europe Plan to Leave
Richard Collier resigned as CEO of Jack Wolfskin and is leaving the company at the end of the year. Matthew Jung, GM of China, will take over as CEO globally in January 2024. Natascha el Mahmoud, GM Commercial Europe, is also leaving the company in early 2024.
Report: Adidas Appoints New Digital Chief
Scott Zalaznik, Adidas’ SVP of digital, is leaving the company, according to a report from Germany’s Manager Magazin. His successor is Tobias Seemann, who joins the company as SVP of global digital and e-commerce in October.
Kohl’s Names Director of Stores
Kohl’s hired retail veteran Fred Hand as senior EVP and director of stores, reporting to President and Chief Operating Officer Dave Alves. Hand will be part of Kohl’s senior executive leadership team and support the company’s strategic focus to drive store sales and productivity.
Outdoor Gear Exchange to Open Second Vermont Store
Outdoor Gear Exchange, which operates one store in Burlington, VT, plans to open a second in Essex Junction, VT.
