Play It Again Sports Parent Sees Q1 Revenues Up Slightly Despite Sharp Leasing Decline
Winmark Corporation, the parent of Play It Again Sports, reported net income for the first quarter ended April 1, 2023, of $8.94 million, $2.49 per share, down 9.2 percent from $9.85 million, or $2.65, a year ago.
Fanatics Signs Retail Partnership Deal With England’s Millwall F.C.
Fanatics reported signing a long-term multichannel retail partnership with Millwall F.C. to enhance its worldwide shopping experience.
Dick’s SG Hires New Chief Marketing Officer
Dick’s Sporting Goods’ Chief Marketing Officer Ed Plummer is retiring and will be replaced by PepsiCo’s Emily Silver.
Icebreaker Names Independent Sales Agency For The Rockies
Icebreaker tapped Ian Decker and Shondia Houtzer at Black Dog Sales Group to cover sales for the company in the Rocky Mountain region (Colorado, Utah, New Mexico, and Wyoming).
Reima Appoints New Head Of Cluster For North America
Finnish kids’ activewear brand Reima, founded in 1944, hired Marc Cutilletta as head of North America, responsible for business and operations in the U.S. and Canada.
MidwayUSA Promotes New Inventory Control And Services Manager
MidwayUSA promoted David Naugle to inventory control and services manager.
A.k.a. Brands Sees First-Quarter Sales Top Guidance
A.k.a. Brands Holding Corp, the parent of Princess Polly, Culture Kings, mnml, and Petal & Pup., issued preliminary first-quarter results showing sales reached the high end of its previously provided outlook.
Toadfish Assets Up For Auction
Toadfish, the Charleston, SC-based lifestyle brand, is being auctioned off by Hilco Streambank, including its intellectual property, social media accounts with more than 225,000 followers, 980,000 customer files and about $1.6 million of inventory.
Anta Sports To Raise $1.5 Billion From Stock Placement
Anta Sports Products is seeking to raise HK$11.8 billion (U.S.$1.5 billion) from a stock placement to reduce debt.
Campers Inn RV Opens Third Location In New Hampshire
Campers Inn RV reported opening a third location in New Hampshire— the company’s 37th full-service dealership—at 263 Dover Road in Chichester.
Pelican Products Hires SVP Of Product & Marketing
Pelican Products, Inc. hired Monica Rigali as senior vice president of product and marketing. Most recently, Rigali was the vice president of global brand management at JanSport/VF Corp.
China’s Economic Growth Accelerates With Consumption Boost
According to China’s National Bureau of Statistics, China’s economy grew 4.5 percent in the first quarter. The accelerated growth marked the fastest pace in a year and relieved Nike, Adidas, VF Corp., and several industry-leading vendors with heavy exposure in the world’s second-largest economy.
Nike And Jordan Combine For 75 Percent Share Among NBA Players
Nike-branded shoes were worn by 67.2 percent of players in the NBA this past regular season, while its Jordan brand was third with 7.5 percent, according to new data compiled by BasketballInsiders.
Vuori Taps Big Brands For Four New C-Suite Hires
Vuori has hired a chief operating officer, general counsel/corporate secretary, chief people officer and chief information officer, each with big brand experience with Yeti, Vans, Starbucks and Beachbody, respectively.
OrthoLite Names OrthoLite Cirql Development And Commercialization Director
OrthoLite hired Marc Kronenberg as development and commercialization director for OrthoLite Cirql working from its headquarters in Ho Chi Minh City, Vietnam.
