Wolverine World Wide, Inc.’s Debt Ratings Outlook Lowered
S&P Global Ratings revised its outlook on Wolverine World Wide Inc. due to the footwear company’s recent underperformance and challenging conditions going forward.
361 Degrees International Posts Low-Teens Retail Sales Growth in Q2
361 Degrees International Limited reported its retail sales (in terms of the retail value) of 361° core branded products for the second quarter of 2023 posted low-teens growth compared to the comparable period of 2022.
Drive Shack Opens Puttery Location in Minneapolis
Drive Shack, Inc. reported plans to open a Puttery location in Minneapolis, MN, on July 21, in the North Loop at 240 Hennepin Avenue.
Nike Ends Sponsorship of Hockey Canada
Nike ended its sponsorship of Hockey Canada. Last year, Nike was one of several major partners that paused its sponsorship deal with Canada’s governing hockey body amid heavy criticism of the organization’s handling of sexual assault allegations involving members of its 2018 World Junior team and settlement payouts.
Ross Stores Opens 27 New Stores in July
Ross Stores opened 18 Ross Dress for Less and nine DD’s Discounts stores across 14 states in June and July as part of the company’s plan to add approximately 100 new stores—75 Ross and 25 DD’s Discounts—during fiscal 2023.
Journeys Launches Second-Hand Resale Program
Journeys launched Journeys Second-Hand, an apparel resale program where customers can shop secondhand apparel through the company’s website and resell their worn clothing for a Journeys shopping credit.
Oberalp Group Extends Italian Distribution for Fischer for Five Years, Adds One/Way Brand
The Oberalp Group has been the distribution partner for the traditional Austrian brand Fischer in Italy since 2012 and will remain so until 2028. For the first time, the Oberalp Group has been secured the distribution rights of the One/Way brand, which is also owned by Fischer Sports.
Thule Group Appoints New CFO
Thule Group appointed Toby Lawton as chief financial officer and a Group management team member based at its Headquarters in Malmö, Sweden. Lawton will assume his position latest in January 2024.
RBFF Adds Z-Man Fishing Products President to Board of Directors
The Recreational Boating & Fishing Foundation (RBFF) added Z-Man Fishing Products President Daniel Nussbaum as its newest Board of Directors member.
Rally House Opens Stores in Iowa, Illinois and Michigan
Rally House opened stores in Clive, IA; Champaign, IL and Troy, MI, respectively.
Camping World Names Chief Administrative and Legal Officer
Camping World Holdings, Inc. promoted Lindsey Christen to chief administrative and legal officer. Most recently, Christen was the company’s executive vice president and general counsel. She will continue in her role as secretary of Camping World.
Signa Sports Adds Accell Group’s Former CEO to Board
Signa Sports United N.V. (SSU) announced plans to appoint Anthonie Anbeek, most recently CEO of Accell Group, to its Board of Directors, effective April 1, 2024.
Daniel Defense Adds Three New Faces to Executive Leadership Team
Daniel Defense added three executives to its leadership team, reporting to CEO Rod Reasen. Daniel Richmond assumes the role of chief revenue office, Jake Cason was appointed CFO and will lead accounting/finance and IT and Dave Everett joined the company as VP of product and engineering.
Canada Ports Strike to End After Tentative Deal Is Reached
A 13-day-old strike that disrupted shipments at Canada’s western ports, including the Port of Vancouver and Prince Rupert, is scheduled to end after the dockworkers’ union and a group of employers agree on a tentative deal.
Slinger Bag Appoints Board Members
Connexa Sports Technologies, Inc., the parent of the Slinger Bag tennis ball launcher and Gameface.ai, appointed Steven Crummy and Rodney Rapson to its board of directors.
