NICS Background Checks Soar On Black Friday
NICS FBI background checks showed strong firearms demand on Thanksgiving week, culminating in 192,749 checks on Black Friday, a 2.8 percent increase from last year and the third-highest total, according to NSSF.
Foot Locker Makes Leadership Changes
Foot Locker, Inc. named Frank Bracken EVP and chief commercial officer and hired Elliott Rodgers as chief operations officer as part of a corporate move to support growth and enhance operational efficiency. The sneaker chain also announced the planned transition of its chief financial officer.
Udog Hires Global Sales Manager
Italian cycling shoe brand Udog has hired Luc Hall as global sales manager. Hall comes to Udog from Pinarello UK, where he held the position of brand manager.
Union Binding And Capita Snowboarding To Open European Sales Structure
Union Binding Company and Capita Snowboarding will open a new European sales hub in Milano effective January 1, 2023.
JB Capital Makes Strategic Investment In Crossnet
JB Capital reported it made a strategic investment in Crossnet, the Miami, FL-based creator of the four-square, volleyball-like net game.
SportfishingBuddy.com Acquires Chesapeake-Angler.com
SportfishingBuddy.com, the online fishing resources hub, has purchased Chesapeake-Angler.com, a resource for anglers.
Hibbett Reiterates FY Outlook Despite Q3 Shortfall
Hibbett Inc. reported third-quarter results came in below Wall Street estimates with margins impacted by higher logistics and wage costs, but the retailer reiterated its outlook for the year. Comparable sales increased 9.9 percent versus the prior year and increased 51.7 percent compared to 2019 third quarter.
Iconix Founder Convicted In Accounting Fraud Retrial
Neil Cole, the founder and former CEO of Iconix Brand Group, was convicted of securities fraud and other charges for misleading investors about the company’s earnings. Cole was found guilty of all eight criminal charges against him by a unanimous jury Monday in a New York court. He was charged in 2019 with fraudulently inflating Iconix earnings.
Feetures Announces CEO Transition
Feetures, the family-owned and operated sock manufacturer, announced that John Gaither, who has been the company’s COO, would succeed his father, Hugh Gaither, founder and CEO, effective January 1, 2023. Hugh Gaither will evolve his role as chairman of Feetures’ executive committee.
Vail Resorts Hires Chief Financial Officer
Vail Resorts, Inc. reported it re-hired Angela Korch as executive vice president and chief financial officer, effective December 22, 2022. She rejoins the company from CorePower Yoga
3Step Sports Acquires Best FC Soccer Club
3Step Sports, the youth sports club and event operator, acquired Best FC Soccer Club, adding another youth training and development organization to its soccer division.
Life Time Opens Fourth Maryland Club At Annapolis Town Center
Life Time reported it opened its fourth club at the Annapolis Town Center, near the U.S. Naval Academy, in Annapolis, MD.
REI To Open In Marina Del Rey
REI Co-op will open a new store in Marina del Rey in spring 2023. The 24,000-square-foot site is the retailer’s 30th store in California.
On Adds Apparel To Resale Program
Swiss running brand On has added men’s and women’s apparel to its resale program. The move follows the September launch of Onward resale site and online trade-in program initially focused on footwear.
Jack Wolfskin Hires New Leadership For UK And Nordic Regions
Jack Wolfskin hired new leadership for the UK and Nordic regions to align with the company’s global growth strategy, firs reported in 2021.
