JD Sports Divests Shares Of 15 Premium Brands
British Retailer JD Sports Fashion Plc is “significantly simplifying” its branded fashion offer through the divestment of 15 UK-based non-core fashion businesses to Frasers Group Plc.
Gyroor Recalls E-Bikes
The Consumer Product Safety Commission reported it is working with Gyroor, a Chinese e-bike maker, to recall about 3,000 Gyroor C3 e-bikes because the battery packs could ignite.
Report: Holiday Shopping Seen As Lackluster In Early Season Review
The first two weeks of December did not bring much holiday cheer after a lackluster Black Friday and generally disappointing November results.
Johnson Outdoors Director To Exit Board
Johnson Outdoors, Inc.’s Board Director, William D. Perez, will not stand for re-election to the company’s board of directors during its 2023 Annual Shareholder Meeting.
Foresight Sports Partners With Sportsbox AI
Foresight Sports, the maker of an optical launch monitor and golf simulation technology, reported it partnered with Sportsbox AI, the creator of single-camera markerless 3D motion capture on a mobile phone.
TenPoint Crossbow Technologies Promotes VP Of Sales
TenPoint Crossbow Technologies reported it promoted Keith Arnold to vice president of sales. He joined the company in early 2019 and previously served as national sales manager and brand manager.
Marucci Sports To Open New Distribution Center
Marucci Sports, the Louisiana-based sporting goods brand, continues to expand its footprint, reported it will develop a 100,000-square-foot, Class A distribution center
RIA Elects New Board Members For 2023
The Running Industry Association (RIA) membership voted to approve to elect the suggested slate of new directors for 2023.
Winnebago Industries’ Q1 Revenues Fall 18 Percent
Winnebago Industries, Inc. reported sales slid 17.6 percent in the first quarter ended November 26 as a steep decline in Towable segment offset growth in Motorhome and Marine segments. Results were still easily ahead of analyst expectations.
New Balance To Expand Operations At Skowhegan Plant
New Balance announced plans to invest $65 million in construction and capital equipment to double its production capacity to one million pairs of shoes at its factory in Skowhegan, ME.
November Retail Sales Dip 0.6 Percent
U.S. retail sales fell 0.6 percent in November from October but were up 6.5 percent year-over-year, the Department of Commerce reported. That compares with increases of 1.3 percent month over month and 8.3 percent year-over-year in October, which got a boost from earlier-than-usual holiday shopping driven by concerns that inflation would continue to increase prices.
Fleet Feet Plans To Open A Second Store In Pittsburgh
Fleet Feet is planning to open a second store in Pittsburgh in the near future. Look for more news next week on details once the store is open.
HLC Expands Sales Rep Coverage
HLC, the U.S. sales agent for Marin Bikes, hired seven outside market development reps to support its brands, IBDs and the cycling community.
Shoe Carnival Launches Share Buyback Program
Shoe Carnival, Inc.’s Board of Directors authorized a share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2023.
PlayOn! Sports Names President And COO
PlayOn! Sports hired former Turner Sports COO Matt Hong as president and chief operating officer. In this newly created role, Hong will oversee day-to-day operations.
