Unifi Sees Healthy Sequential Improvement In Q3 Results
Unifi, Inc. announced preliminary results for its fiscal third fiscal quarter ended April 2, showing sequential improvement in sales and earnings over its fiscal second quarter.
Samsonite’s Debt Ratings Upgraded On Robust Sales Recovery
S&P Global Ratings upgraded the debt ratings of Samsonite International S.A. to reflect the company’s sales recovery in fiscal 2022 and the expectation of continued global travel recovery supporting further performance improvement through 2023.
Nordstrom’s Debt Ratings Outlook Lowered
Moody’s Investors Service changed Nordstrom, Inc.’s debt ratings outlook from stable to negative, reflecting Nordstrom’s continued operating challenges, particularly in its off-price Nordstrom Rack chain.
Authentic Brands Group Purchases IP Of Vince
Authentic Brands Group reported it agreed with Vince Holding Corp. (VNCE) to acquire the fashion brand’s intellectual property for an undisclosed amount.
Original Penguin Golf Partners To Expand In Asia Pacific Region
Perry Ellis International and Walkinshaw Sports agreed to a strategic partnership to distribute Original Penguin golf and tennis apparel to the Australian and New Zealand wholesale and retail markets.
New Study Shows Economic Viability For Professional Women’s Sport In Canada
Canadian Women & Sport, in partnership with Boston Consulting Group and the Canadian Tire Corporation, parent company to SportChek and Helly Hansen, released new research outlining the growing investment opportunity for Canada’s professional women’s sports market.
EoS Fitness Opens Newest Arizona Location
EoS Fitness opened an Arizona location a 40,000-square-foot space at Queen Creek gym. The gym is the company’s first location to open at Queen Creek and its 28th location in the state.
Coca-Cola’s Sports Drinks Revenues Slip In First Quarter
The Coca-Cola Company reported sales of its sports drinks segment declined 1 percent in the first quarter, primarily driven by declines in Bodyarmor and Powerade in the U.S.
Beyond Yoga Opens Third Store In Los Angeles
Beyond Yoga opened its third store in Westfield Century City in Los Angeles following the opening of venues in Santa Monica and Irvine, CA, respectively, last fall. Beyond Yoga has another Los Angeles location set to open on May 12 in the Larchmont Village.
Apex Ski Boots Welcomes New President
Apex Ski Boots, based in Golden CO, appointed Jax Mariash Mustafa as company president.
Versa Group Inks Deal With Authentic On Geoffrey Beene Brand
Authentic Brands Group and Versa Group announced a partnership for Geoffrey Beene starting with the Spring 2023 collection, whereby Versa Group will design, produce and distribute men’s dress shirts for the brand in North America, sold at department stores, specialty retailers and online.
Canadian Sports Investment Group Looks To Drive Growth For Cricket In Canada
Cricket Canada and WEIC Sports United, formerly Teams Canada, formed a strategic alliance, Boundaries North, to grow the sport of Cricket in Canada.
Vail Resorts Sees Skier Visits Climb Six Percent Over Ski Season
Vail Resorts, Inc. reported season-to-date total skier visits were up 6.1 percent from the beginning of the ski season through April 16 year-over-year, helped by favorable weather conditions that enabled the ski resort operator to extend the season at resorts across Utah, Tahoe and the Northeast.
Whistler Blackcomb Names COO
Whistler Blackcomb, the largest ski resort in North America in the Canadian province of British Columbia, named Belinda Trembath as vice president and chief operating officer, effective May 15.
Edel Golf Under New Ownership
Edel Golf, the golf equipment manufacturer based in Denver, CO, was acquired by Doug Coors, a former executive at CoorsTek, a technical ceramics maker.