Houdini Establishes U.S. Office In Portland, Bolsters Leadership Team
Houdini, the Swedish outdoor brand, hired Niclas Bornling as GM, North America, and Brian Anthony as head of sales and merchandising. Both work from its Portland, OR headquarters.
North Arc Capital Acquires Project 321
North Arc Capital announced it had acquired the Project 321 brand, known for its magnetic-pawl mountain bike hubs, and bike hub-related assets from JLSO, Inc.
Wilson Sporting Goods Names Global GM, Rac Sports
Wilson Sporting Goods Co. promoted Jason Collins, senior director, global product, to global general manager, Racquet Sports, effective immediately.
Saris Cycling Group Acquired By C+A Global At Bankruptcy Auction
C+A Global acquired Saris Cycling Group at a bankruptcy auction and will rename the brand Saris Equipment.
VF Names Global President, Dickies
VF Corp. promoted Lance Meller to global brand president, Dickies. The company announced the hire during its recent Investor Day meeting.
Summer Booking Pace Slips At Western Mountain Destinations
DestiMetrics, the tracker of advance reservation occupancy and revenue and part of the Business Intelligence division of Inntopia, noted that summer occupancy is likely to be down compared to summer 2021, pre-pandemic 2020 and the benchmark-setting summer 2019.
Sherwood Hockey Hires First Fashion Stylist
Sherwood Hockey, the Canadian manufacturer of ice hockey equipment, announced it hired Kesha McLeod as style director.
Play It Again Sports Parent Sees Slight Quarterly Earnings Decline
Winmark Corporation, the parent of Play It Again Sports, reported earnings for the quarter that ended September 24, 2022, of $10.37 million, or $2.93 per share, against $10.1 million, or $2.67, a year ago.
Yue Yuen’s Sales Expand 37 Percent In September
Yue Yuen reported sales grew 37.4 percent in September and are now up 8.2 percent in the first nine months of the year.
Nike Adds New Restrictions For Resellers
Nike has added new terms and conditions to prevent resellers from purchasing footwear and reselling it on the secondary market to monitor sneaker-buying bots.
Suntex Marinas Acquires Florida’s Legendary Marina
Suntex Marina Investors, LLC (Suntex), the owner and operator of marina properties based in Dallas, TX, announced its first acquisition in the Florida panhandle with the purchase of the Legendary Marina in Destin, FL.
Topgolf To Open Second Venue In St. Louis Area
Topgolf plans to open a new location in Midtown St. Louis in late 2023 located south of the Saint Louis University campus at Chouteau Avenue and Compton Avenue, south of I-64. This will be the second to serve the greater St. Louis area.
CFDA Elects New Chairman
The Council of Fashion Designers of America (CFDA) announced that Thom Browne will become its new chairman, effective January 1, 2023. The CFDA Board of Directors unanimously elected the designer to the role for a two-year term.
Krimson Klover Expands Representation With Powers-Pederson Sales Group
Krimson Klover, the manufacturer of active women’s apparel, founded in 2009, announced it expanded its contract with the Powers-Pedersen Sales Group to represent the company in the Midwest region.
Yoox Net-A-Porter Names Interim CEO
Yoox Net-A-Porter announced that Alison Loehnis has been named interim CEO, effective October 31, 2022, replacing Geoffroy Lefebvre, who is stepping down to pursue a private equity-backed entrepreneurial career outside of Richemont after 11 years with the company.
