February Retail Sales Rise 5.4 Percent Year-Over-Year
Overall retail sales dipped slightly in February, but core spending rose, according to data reviewed by the National Retail Federation.
Hydro Flask Launches Water Bottle Trade-In Program In The U.S.
Hydro Flask launched a Trade-In program that it claims is the first of its kind in the insulated water bottle category.
Nike To Stop Using Kangaroo Leather In Soccer Cleats
Nike reported it would stop using kangaroo leather in its shoes amid moves from U.S. state and federal lawmakers to ban the sale of kangaroo products.
Sea To Summit Hires Regional Sales Directors, Promotes VP Of Sales
Sea to Summit hired two new regional sales directors, Seth Quackenbush and Brad Beanblossom and promoted Tracy Brunz to VP of sales.
Sweet Protection Names NA Sales Manager
Sweet Protection, the maker of performance helmets, goggles and technical clothing, reported that industry veteran Ryan Davis was hired as North American sales manager, responsible for accelerating the company’s development in the snow and bike categories.
Liberty Ammunition Names Company Controller
Liberty Ammunition hired Cheri Ady as controller overseeing the company’s financial structure.
NSSF Takes Exception With President Biden’s Gun Control Executive Order
NSSF, The Firearm Industry Trade Association, is taking exception with President Joe Biden’s Executive Order to increase gun control measures. In the name of “doing something,” the Biden administration is chilling fundamental Constitutional rights and simply rehashing existing law, many of which were previously supported by the firearm industry.
Pou Sheng International Appoints CEO
The Pou Sheng International (Holdings) Limited board of directors re-designated Wang Jun, the acting CEO, as CEO effective March 15.
Diamond Sports Group Files For Chapter 11 Bankruptcy To Dump Debt
Diamond Sports Group, LLC is finalizing a Restructuring Support Agreement (RSA) with holders of a majority of its debt and Sinclair Broadcast Group, Inc. to eliminate over $8 billion of the company’s outstanding debt. The company filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas.
Marriott Appoints Dick’s CEO To Board Seat
Marriott International, Inc. elected Lauren Hobart, president and chief executive officer of Dick’s Sporting Goods and Grant F. Reid, former president and chief executive officer of Mars, as independent directors.
Gregory Posts Double-Digit Currency-Neutral Sales Growth In 2022
Samsonite International S.A. reported sales at Gregory backpack brand reached $61.4 million in 2022 against $59.4 million a year ago, representing a gain of 3.4 percent year-over-year. Gregory’s sales climbed 12.7 percent on a currency-neutral basis.
Hypetex Appoints Michael Dowse To Board
Hypetex, a UK company that makes colored carbon fiber using sustainable colorization materials, appointed Michael Dowse, former long-time president of Wilson Sporting Goods, as a non-executive director and board member.
Niner Bikes Founder Joins Gates To Develop Bike And eBike Technologies
Niner Bikes founder Chris Sugai joined Gates as general manager of Gates Global Mobility, driving the development of advanced drivetrain solutions and belt technologies for bikes, eBikes, motorcycles, powersports, and electric micromobility.
Cycling Distribution Network Enlists BikeExchange As U.S. E-Com Platform
Cycling Distribution Network (CDN), the U.S. distributor of Basso, Berria and Lee Cougan bikes, reported partnering with BikeExchange (BEX) as its exclusive e-commerce platform.
Smith Names Bike Marketing Manager
Smith, the maker of snow goggles and helmets across bike helmets, sport, lifestyle, and prescription eyewear, hired Jeremy Dunn as bike marketing manager.
