Anta Sports Saw Solid Q1 China Retail Sales Growth With Fila Up In High Singles
Anta Sports Products Limited reported that retail sales of Anta-branded products posted mid-single-digit growth in the first quarter compared to the year-ago comparable period.
Sportsman’s Warehouse Q4 Profits Decline On Double-Digit Comps Decline; CEO To Retire
Sportsman’s Warehouse Holdings, Inc. announced that John Barker, CEO, plans to retire as CEO and director, effective April 14, to spend time on personal interests. Joseph Schneider, the current Board chair, has been appointed interim CEO. The change comes as the retailer reported fourth-quarter earnings declined sharply against strong year-ago results and although EPS slightly exceeded Wall Street’s targets.
Pou Sheng Retail Sales Surge 29.8 Percent In March
Pou Sheng International (Holdings) Limited, the China-based retail subsidiary of Yue Yuen Industrial (Holdings) Limited, reported that net consolidated operating revenue for March was RMB 1.73 billion, up 29.8 percent from RMB 1.34 billion in the year-ago comparable month.
Fanatics Expands Retail Partnership With The Cleveland Browns
Fanatics expanded its e-commerce partnership with The Cleveland Browns, establishing the company as the team’s end-to-end omnichannel retail partner.
Report: U.S. Parents Spend More On Kids Footwear, Less On Themselves
According to Circana (formerly IRI and The NPD Group), parents with kids living in the U.S. spend less on footwear for themselves and more on the category for their children.
Survey: Supply Chain Managers See Inventory Overhang Lasting Into 2024
According to a new CNBC Supply Chain Survey, only 36 percent of supply chain managers expect retail inventories to normalize in the second half of 2023.
Michael Jordan’s Air Jordans Break Sneaker Auction Record
Sotheby’s announced that a pair of red/black Air Jordan 13 sneakers worn by Michael Jordan when he played for the NBA sold at auction for $2.2 million, setting a record price for game-worn sports footwear.
Sun & Ski Sports Opens Salt Lake City Location
Sun & Ski Sports will officially open its 33rd store in Murray, UT, on April 14. Representatives from On, Hoka, Cannondale, Shimano, Rocky Mountain Bicycles, and Haro will attend the grand opening.
Puttshack Opens Location In Houston
Puttshack opened its sixth location at The Highlight at Houston Center at 1200 McKinney Street. The new 26,000-square-foot space includes four nine-hole mini golf courses, dining and private event space.
Teamworks Closes $65 Million Series E Funding, Acquires Arms Software
Teamworks announced a Series E funding led by Dragoneer Investment Group, a San Francisco-based investment firm. The athlete engagement platform also announced the acquisition of Arms Software.
Xtep International Sees 20 Percent Retail Sales Growth In First Quarter
The Board of Directors of Xtep International Holdings Limited, which operates retail stores in China for K-Swiss, Palladium, Merrell, and Saucony, in addition to Xtep brand stores, reported that retail sell-through growth in the first quarter, including brick & mortar and online channels, increased approximately 20 percent versus the year-ago comparable period.
Kinona Appoints Co-Founder As New CEO, Names Senior Director Of Marketing
Tami Fujii, co-founder of women’s golf apparel brand Kinona, assumed the role of CEO effective March 1. Co-Founder Dianne Celuch remains chief operating and merchandising officer. Kinona’s director of e-commerce, Kirsten Wlaschin, was promoted to senior director of marketing.
Meijer Sets Openings For Two Stores In Ohio
Meijer plans to open two new 159,000-square-foot supercenters in Warren and Wooster, OH, respectively, on May 16, increasing the retailer’s store count to 52 in the state.
Gunpowder, Inc. Forms Executive Leadership Team
Gunpowder, Inc. reported forming an executive leadership team, promoting Carie Breunig to the chief operating officer, Leah Berg to president and Caitlin Conley to vice president of finance. Agency Founder Ryan Chuckel will remain in the CEO role.
Life Time Fitness To Open Locations In Tampa And Atlanta
Life Time, the upscale fitness club operator, entered into new and extended long-term leases with RMR Group for the Harbour Island Athletic Club in Tampa, FL and Atlanta’s Athletic Club Northeast in North Druid Hills.
