Monster Meal Names Key Account Development Specialist
Fore Runner Feeds, LLC, following its recent acquisition of Monster Meal, named Nigel Fox as key account development specialist.
TriStar Arms Names Distributor Of The Year For 2022
Sports South, LLC earned the recognition for 2022 as being the greatest aid to TriStar in helping Americans enjoy shooting sports.
Descente’s Q3 Profits Jump On 8 Percent Sales Gain
Descente reported operating profits in the fiscal third quarter ended December 31 rose 44.4 percent as sales increased 8.0 percent.
Signa Sports Posts €566 Net Loss In 2022; Sees Bike Overstocks Into 2024
Signa Sports United N.V. posted 28 percent growth in net revenue to €300 million in the fourth quarter and revenues grew 31 percent to €1.063 billion for the full year on a reported basis.
Coros To Set Up Direct Operations In The UK And Ireland
Coros, the maker of GPS sports watches, reported that after more than three years of partnership, 2pure would hand back the UK and Ireland distribution of Coros’ products to its manufacturer, effective March 1.
Sample N’Co Acquires Rollin’Stoke
Sample N’ Co., a French distributor of snowboards, skis, bindings, outerwear, and accessories, acquired Rollin’Stoke, a French distributor of skateboards and surfboards.
Brunswick Corporation Names President Of Mercury Marine
Brunswick Corporation named John Buelow EVP and president of Mercury Marine. He was previously VP, global operations, Mercury Marine and succeeds Chris Drees.
Canada Goose Targets C$3 Billion In Revenue In Five Years
Canada Goose Holdings, Inc. ahead of its Investor Day, said it aims to nearly triple revenue to Canadian$3 billion (C$2.23 billion) in the next five years as it triples its store base and expands its categories and geographic reach.
BRC Points To Return To Office Trends Driving Retail Foot Traffic In January
The British Retail Consortium (BRC) reported that total U.K. retail foot traffic increased 12.5 percent year-over-year (YoY) in January, 2.6 percentage points worse than December but better than the three-month average increase of 10.3 percent.
Hanesbrands’ Debt Ratings Downgraded By S&P And Moody’s
Hanesbrands, Inc.’s debt ratings were lowered by S&P Global Ratings and Moody’s Investors Service after the parent of Hanes and Champion reported fiscal 2022 results below expectations and the suspension of its annual dividend to prioritize debt repayment.
SquadLocker Sets CEO Transition
SquadLocker named George Overholser as chief executive officer. Overholser succeeds Gary Goldberg who will transition to a president and founder title.
Club Champion Opens First Location In Scotland
Club Champion opened its first fitting studio in Glasgow, Scotland. It follows the acquisition of the UK-based club fitter Golf Principles in early 2022. Club Champion also has partnered affiliations in Canada, England, and Australia.
Wolverine’s Debt Rating’s Lowered Following Q4 Guidance Update
Moody’s downgraded the debt ratings on Wolverine World Wide, Inc. due to the footwear maker’s updated Q4 2022 guidance, which was lower than previously projected by Moody’s, as well as Moody’s expectation that leverage will remain high over the next 12-18 months.
Belk’s Debt Ratings Downgraded On Weak Results
Belk, Inc.’s debt ratings were downgraded by S&P Global Ratings as the southeast department store operator’s sales and profitability have weakened significantly, well below S&P’s expectations.
Dunlop Becomes Official Tennis Ball Of USPTA
The United States Professional Tennis Association (USPTA) said Dunlop replaced Wilson as the official tennis ball of the organization in a multi-year endorsement agreement.
