Rawlings Named Official Helmet Of Women’s Professional Fastpitch
Rawlings entered into a multi-year agreement with the Women’s Professional Fastpitch league to become the exclusive helmet brand worn in all games by WPF teams throughout the season.
Camping World Declares Dividend, Initiating Review Of Capital Allocation Strategy
Camping World Holdings, Inc. declared a second-quarter dividend and said it is reviewing its capital allocation strategy with future dividend payouts up to the board’s discretion.
Picklemall To Open First Location In Tempe, AZ
Picklemall, an indoor pickleball concept, will debut its first location at the Arizona Mills shopping mall in Tempe, AZ in July 2023.
Elevate Textiles Undergoes Recapitalization, New Ownership
Elevate Textiles, the fabric manufacturer servicing the automotive, apparel, interior furnishing, and industrial industries owned by Platinum Equity, reached an out-of-court restructuring deal in which its lenders will take control of the company.
Kohl’s Posts Surprise Profit In First Quarter
Kohl’s Inc. reported a surprise profit in its fiscal first quarter of 13 cents a share. Analysts were calling for a loss of 43 cents. Comparable sales decreased 4.3 percent and overall sales were slightly ahead of analyst targets.
Shoe Carnival Reduces FY Outlook On Q1 Shortfall
Shoe Carnival, Inc. reduced its outlook for the year after reporting first-quarter results at the low end of expectations due to unfavorable weather and consumer pressure from inflation and lower federal tax refunds.
Peloton Will Attempt to Reintroduce Itself To Anyone, Anywhere
Peloton is attempting to shed its original branding as a marketer of high-end fitness bikes sold directly to consumers to rebrand itself to reflect everything Peloton has to offer to everyone, at any level, wherever they are.
Urban Outfitters Q1 Profits Jump On Strength At Free People And Anthropologie
Urban Outfitters, Inc.’s profits vaulted 67.6 percent in the first quarter on a 5.9 percent revenue gain and significantly improved gross margins. Healthy double-digit retail gains at Free People and Anthropologie offset declines at Urban Outfitters’ retail business and at wholesale channels.
Nautilus Sales Fall 43 Percent In Fiscal Q4; Posts Wider Net Loss
Nautilus, Inc. reported fiscal fourth quarter net sales were $68.4 million in the period ended March 31, 2023, a decline of 42.9 percent versus the prior-year comparable period. Direct segment sales declined 30.4 percent and Retail segment sales fell 55.4 percent in the quarter.
VF’s Fiscal Q4 Revenues Dragged Down By Vans And Americas Region Declines
VF Corp. reported sales were down 3 percent in the fiscal fourth quarter ended April 1, dragged down by a 14 percent decline at Vans and a 7 percent overall decline in the Americas region. The North Face’s sales grew 12 percent globally. Earnings were down 62 percent on an adjusted basis but in line with guidance.
DU/ER Hires Vice President Of Global Sales
Canadian performance apparel brand DU/ER hired Burt Damsky as VP of global sales. Based out of the company’s New York City showroom, Damsky will oversee the strategic growth of the brand’s global wholesale network.
Hydrow Appoints New Company President
Hydrow, the connected rowing brand, announced the promotion of its CFO John Stellato to president, effective immediately.
Fanatics Buys PWCC To Enter Collectibles Auction Space
Fanatics Collectibles reported it acquired the PWCC Marketplace, the largest sports card, memorabilia and collectibles auction houses. Terms were not disclosed.
Report: 2022 European Health Club Memberships Nearly Back To 2019 Levels
According to a report from EuropeActive and Deloitte, European fitness club memberships increased by roughly seven million members, or 12.3 percent, from 56.2 million in 2021 to 63.1 million by year-end 2022, just slightly short of the pre-COVID year level in 2019.
NMMA: Recreational Boating’s Economic Impact Soars To $230 Billion
NMMA released new data that found that the annual economic impact of recreational boating increased 36 percent, from $170 billion in 2018 to $230 billion in 2023.
