Nike, BSN Sports Co-Partner With University Of Southern Indiana
Based in Evansville, IN, the University of Southern Indiana (USI) established a new athletic partnership with Nike and BSN Sports.
MidwayUSA Names VP, Logistics
MidwayUSA promoted Brian Rose to vice president of logistics. Rose began his career at MidwayUSA in 2016 as an Industrial Engineer.
Life Time To Open Luxury Residential Complex In Burlington
Life Time reported it plans to open a Lifetime Living residential complex in Burlington, MA, this summer that will share a campus with Life Time’s Burlington athletic country club.
Bass Pro To Open Store In Midland, Its 17th In Texas
Bass Pro Shops reported plans to open a new store in Midland, TX in late 2024, the retailer’s 17th store in the state.
Ocean Pacific Founder Jim Jenks Passes Away
Jim Jenks, the founder of the surf apparel brand Ocean Pacific, passed away at age 84.
QVC Parent’s Debt Ratings Lowered
S&P Global Ratings lowered the debt ratings of Qurate Retail, Inc., the parent of QVC. The rating agency said Qurate’s operating performance weakened further in the fourth quarter of 2022 as profitability was worse than anticipated, driving leverage up amid steadily declining customer demand.
Aleck Acquires Tocsen
Aleck, the maker of wireless audio and communication systems for outdoor sports, has acquired Tocsen, the German maker of intelligent helmet-mounted crash sensors.
Survey: Proposed Golf Ball Rule Receives Mixed Response
On the heels of the USGA/R&A’s proposal for a “Modified Local Rule” for elite competition that reduces the overall distance a golf ball would travel at extremely high speeds, a new survey provides immediate analysis of where Serious Golfers stand on the issue.
The Ironman Group Appoints Chief Marketing Officer
The Ironman Group hired Marieka Barnard as chief marketing officer having worked, most recently, as VP of event marketing for The Ironman Group in the EMEA region, succeeding Suzanne Cohen.
Kitsbow Cycling Apparel To Close
Kitsbow, the manufacturer of cycling apparel and accessories based in Old Fort, NC, is closing after being unsuccessful in securing funding, CEO David Bilstrom said in a post on Kitsbow.com.
Bloomingdale’s Appoints Chief Merchant
Bloomingdale’s has promoted Denise Magid to the newly created role of chief merchandising officer, effective immediately. Within this position, Magid will drive the strategic direction and performance of all Bloomingdale’s merchandising initiatives.
Winnebago’s Q2 Revenues Decline 26 Percent As RV Demand Crashes
Winnebago Industries Inc. reported profits were down 42.1 percent in the fiscal second quarter ended February 25 as sales retreated 25.6 percent. Sales of of towables tumbled 47.0 percent due to softening RV demand following peak selling in the earlier stages of the pandemic.
Shoe Carnival Shows Modest Earnings Growth In Fourth Quarter
Shoe Carnival reported earnings rose 4.9 percent in the fourth quarter ended January 28 as higher gross margins offset a 7.2 percent decline in sales. The family apparel chain said comparable store sales were up 12.6 percent against the pre-pandemic 2019 fourth quarter.
Olin Closing Epoxy Facilities As Part Of On-Going Restructuring Program
Olin Corporation, the parent of Winchester Ammunition, will cease operations at its Cumene facility in Terneuzen, Netherlands and the solid epoxy resin production at its facilities in Gumi, South Korea and Guaruja, Brazil.
Alterra Mountain Co. Lays Out Capital Investment Plan Worth Nearly $500 Million
Alterra Mountain Company outlined a nearly $500 million capital investment program focused on enhancing the guest and employee experience across its destination resorts over the next year.
