Drive Shack To Open Puttery Location In Pittsburgh
Drive Shack, Inc., will open a Puttery in Pittsburgh on February 17, spanning two levels and covering 19,000 square feet, featuring three nine-hole golf courses.
Report: U.S. Retail Sales Up 8.8 Percent In January
According to Mastercard SpendingPulse, U.S. retail sales, excluding automobiles, were up 8.8 percent year-over-year in January. E-commerce sales were up 8.4 percent year-over-year, while in-store sales were up 8.9 percent year-over-year.
Mindbody Survey: San Francisco Tops List Of Healthiest Cities
San Francisco ranked the No. 1 city for the first time on Mindbody’s Annual Top 10 Healthiest Cities In America*, replacing three-time winner Miami. In 2022, San Francisco ranked sixth in the company’s survey.
Newell Brands Appoints Peterson CEO, Saligram Retires
Newell Brands promoted current company President Chris Peterson as president and CEO, effective upon the conclusion of its 2023 Annual Meeting of Stockholders on May 16.
Newell Brands Outdoor & Recreation Core Sales Fall 21 Percent In Q4; Loss Widens
The Outdoor & Recreation segment, which includes Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, generated net sales of $211 million in Q4 compared with $304 million in the prior-year period, reflecting a core sales decline of 21.0 percent.
HanesBrands To Offer Senior Notes
HanesBrands, Inc. reported it plans to offer a $600 million aggregate principal amount of senior unsecured notes due 2031 in a private offering.
English Riding Supply Recalls Ovation Protege Equestrian Helmets
About 49,300 Ovation Protégé equestrian helmets from English Riding Supply were recalled due to an impact injury hazard.
Tractor Supply Extends CEO’s Contract; Shifts Board Leadership
Tractor Supply Company extended President and CEO Hal Lawton’s employment contract and key transitions on its Board of Directors. The Board of Directors elected long-standing member Edna Morris as Chairman of the Board.
Topgolf Callaway Posts Wider Q4 Loss On Strong Double-Digit Growth
Topgolf Callaway Brands Corp. posted another strong quarter to end 2022, delivering a 19.6 percent increase in revenue to $851.3 million in Q4, reflecting growth in each operating segment, major product category and region.
Nautilus Slashes Full-Year Guidance On Weakness In Retail Segment
Nautilus Inc. reported a loss of $11.1 million in the fiscal third quarter ended December 31 as sales slumped 33.4 percent. The sales outlook was significantly reduced and the expected loss also widened for the fiscal year due to lower expectations in the Retail segment.
Tetra Hearing Makes Three Key Hires
Tetra Hearing recently expanded its team with Shane Shoemake, Riley Qualls and Crews Holt to assist the company manager since launching three years ago.
Adidas Says Yeezy Fallout Could Result In Billion Euro Loss
Adidas in an outlook update warned it expects a loss in the range of €500 million to €1 billion ($534 million to $1.07 billion) in 2023 from the exit of its Yeezy business.
Thule Names New President and CEO
Thule Group named Mattias Ankarberg as the new president and CEO of the company. To secure a seamless transition, Magnus Welander will remain in his role until Ankarberg finishes his current position.
Moosejaw Launching Consumer Resale Gear Program
Moosejaw will launch ReTrail, a resale program, on February 9. The online platform lets customers buy and sell their previously owned gear directly on the retailer’s site.
Adidas’ Head Of Global Marketing Departs
Vicky Free has left her role as global head of marketing at Adidas, according to Adweek.
