Kelly Slater Launches New Performance-Based Footwear Company
Eleven-Time World Surfing Champion and entrepreneur Kelly Slaterhas launched his new sustainable and performance-based footwear brand KLLY.
Outtech Sales Services Adds Scissortail Firearms To Sales Portfolio
Outtech Sales Services, LLC reported partnering with Scissortail Firearms, the exclusive U.S. importer of one of the oldest firearms manufacturers in the world, Sarsilmaz (SAR.)
Farfetch Limited, New Home To Reebok In Europe, Posts Solid Q1 Revenue Growth
Farfetch Limited, the London-based global luxury fashion goods platform and new home for the Reebok brand in Europe and global collaborations, reported that first quarter revenue increased 8.1 percent year-over-year to $556.4 million.
Report: Shein Raises $2 Billion In Funding Round
Reportedly, Shein, the Chinese fast fashion website, has raised $2 billion in a new funding round.
Camping World Opens Branson, MO Supercenter
Camping World Holdings, Inc. announced the opening of its Branson, MO RV dealership, its 191st location.
B. Riley Acquires Interest In Bluestar’s Scotch & Soda
B. Riley Financial, Inc. acquired an equity interest in Scotch & Soda through its participation in its recent acquisition of the Dutch fashion brand by New York-based brand management company Bluestar Alliance, LLC.
Michelin Soles Expands In The U.S. With Vermont Office
JV International, a manufacturer of technical soles and the worldwide licensee of soles by Michelin, is expanding its North American presence with a new office opening in Wolcott, VT. JV North America will be headed by Glen McKibben as VP and general manager.
Camping World To End Title Sponsorship Of NHRA Series
Camping World reported that the company would not renew its title sponsorship of the NHRA (National Hot Rod Association) drag racing series when its contract ends at the close of 2024.
Adidas To Start Selling Yeezy Product At End Of May
Adidas reported it would start selling its stockpile of millions of unsold Yeezy sneakers later this month from its defunct partnership with rapper Kanye West. Proceeds from the sale will benefit Antiracism organizations.
Dunlop Sports Sees Revenue Outlook Reduced Despite Strong Q1 Growth
Sumitomo Rubber Industries, Ltd. Has reported that sales revenue in its Dunlop Sports business increased 19.5 percent to ¥35.5 billion ($267 million) in the first quarter. Business profit increased 37.2 percent to ¥5.5 billion ($41 million).
Lululemon Makes Minority Investment in Recycling Start-Up
Lululemon is making a minority investment in Australian start-up Samsara Eco, which uses plastic-eating enzymes to recycle apparel waste. As part of a multi-year partnership, Samsara Eco will work with Lululemon to create new recycled nylon 6.6 and polyester.
KOA Names Two To Top Leadership Positions
Kampgrounds of America, Inc. (KOA) has named Jill Currier as SVP of operations for the owned properties of KOA and Bill Gottwals as SVP of franchise operations.
EBay Acquires Certilogo To Boost Pre-Owned Authentication
EBay, Inc. signed a definitive agreement to acquire Certilogo, an AI-powered apparel and fashion goods digital IDs and authentication provider.
Foot Locker Slashes 2022 Guidance On Weakening Sales
Foot Locker, Inc. reported first-quarter results came in below Wall Street targets and significantly reduced the retailer’s 2023 outlook as sales “softened meaningfully” since March. The chain also named a new chief financial officer.
KMD Closes NZ$310 Million Debt Refinancing Tied To Sustainability
KMD Brands Limited, the parent company to the Rip Curl, Oboz and Kathmandu brands, has successfully refinanced its existing debt facilities with NZ$310 million of syndicated sustainability-linked multi-currency revolving facilities.
