Amazon To Shutter Halo Fitness Wearable Business
Amazon reported it would stop supporting its Halo health-tracking wearable business after July 31, and notified employees on April 26 who work in that division that they were being laid off.
Rally House Opens Seventh Store In Oklahoma
Rally House reportedly opened a store in Broken Arrow, OK, its seventh storefront in the state for the national sports and merchandise retailer.
Black Diamond Parent Sees Q1 Revenues Decline 14 Percent
Clarus Corp. reported sales declined 14 percent in the first quarter as a small gain at Black Diamond was offset by an 18 percent drop in ammunition sales due to ongoing supply chain challenges as well as continuing weakness in its Adventure segment. Earnings on an adjusted basis were down 53.4 percent.
Winnebago Industries Completes Acquisition Of Lithionics Battery
Winnebago Industries, Inc. reported it completed its previously announced acquisition of Lithionics Battery, a lithium-ion battery solutions provider to the recreational equipment and specialty vehicle markets.
Anthropologie Group Appoints Three To New Leadership Roles
Anthropologie promoted Anu Narayanan to president of women’s apparel, accessories, weddings, and beauty. Holly Thrasher was named chief merchandising officer of apparel and weddings. Aaron Mutscheller joins Anthropologie Group as president of Anthropologie Home and Terrain.
Life Time’s Debt Ratings Upgraded
S&P Global Ratings upgraded the debt ratings of Life Time Inc. due to the operator of upscale health clubs’ planned refinancing and improving metrics.
GT Bicycles Names Head Of Product
GT Bicycles hired Mike Giese, as head of product, responsible for overseeing product development, engineering and the company’s graphic teams, primarily focused on industrial design.
The Athlete’s Foot Opens New Store Concept In Atlanta
The Athlete’s Foot (TAF) opened a “neighborhood” concept store on April 28 at Atlantic Station in midtown Atlanta, GA. Timed with the opening, the company hosted community events to elevate the “consumer experience while continuing to drive hyper-localized product assortment and community engagement efforts.”
Delta Apparel Elects New Member To Board Of Directors
Delta Apparel, Inc. has elected Dr. Bill C. Hardgrave to its Board of Directors.
Intersport France Set To Acquire Go Sport Out Of Receivership
The Grenoble Commercial Court in France has ruled that Intersport France will acquire French retailer Go Sport in partnership with Qatari firm Al-Mana. The Court’s unanimous opinion supported an Intersport/Al-Mana bid valued at €35 million.
Investors Sue Adidas Over Yeezy Partnership With Ye
Adidas is facing a class-action lawsuit filed by investors who claim the company knew about the risks of its partnership with Ye, formerly known as Kanye West, years before it terminated its relationship with the rapper over his antisemitic comments.
Nike Signs Lifetime Contract With Kevin Durant
It was reported that Phoenix Suns star forward Kevin Durant signed a lifetime contract with Nike, the third basketball player to sign the same deal behind Michael Jordan and LeBron James.
St. Croix Rod Hires New England Reps
St. Croix Rod announced that Justin Sterner and the team at Outdoors East have taken over sales representation throughout New England for conventional rods and fly fishing in the states of Maine, New Hampshire, Vermont, Connecticut, Massachusetts, and Rhode Island.
Yeti Board Member Resigns
Yeti, Inc. said in a regulatory filing that Tracey Brown gave notice of her resignation from its Board of Directors effective May 4 for reasons related to her other professional responsibilities.
Faxon Firearms Appoints Manufacturers Rep Agency
Faxon Firearms hired Tim Bailey & Associates as the company’s manufacturer representative.
