F45 Training Posts Steep Q3 Loss On Charges
F45 Training Holdings, Inc. posted a steep loss in the third quarter ended September 30 on restructuring and litigation charges. Same-store sales increased 16 percent globally and 11 percent in the United States. The fitness studio also formed a committee to explore a sales offer.
Ammo Cuts Outlook On Soft Second Quarter
Ammo Inc. slashed its guidance for its fiscal year while reporting a small loss in the second quarter ended September 30 on a 21 percent revenue decline.
Apex Ammunition Names Marketing Specialist
Apex Ammunition hired Mike Tussey as a marketing specialist. Tussey is a veteran of the hunting industry and will be heavily involved in expanding Apex’s presence in Turkey and waterfowl initiatives.
Fleet Feet Roanoke Owners Retire After 20 Years, Successor Named
The retirement of Blaine and Robin Lewis, Fleet Feet Roanoke franchise owners since 2003, was announced by Fleet Feet corporate. General Manager Matt Thompson will purchase the store with an anticipated ownership transaction finalized in December.
Nike To Open Web3 Marketplace
Nike, Inc. will open an online store and trading platform called SWOOSH for virtual sneakers. Nike will release virtual products on the Web3-enabled platform where users can learn, collect and co-create virtual products.
Adidas’ Senior Unsecured Notes Offering Rated A2 By Moody’s
Moody’s Investors Service assigned an A2 rating to Adidas AG’s proposed €1.0 billion senior unsecured notes, split into two tranches maturing in 2025 and 2029. Proceeds from the notes will be used for general corporate purposes, including the refinancing of the company’s €500 million convertible bond due in September 2023.
AstroTurf Names Vice President, Business Development
AstroTurf promoted Rob Mitchell to vice president, business development. Mitchell previously worked as AstroTurf’s director of rugby and as a regional sales manager in Wisconsin, Illinois, Minnesota, and Indiana.
Lululemon Adds Board Member
Lululemon Athletica, Inc. said Isabel Ge Mahe had joined its Board of Directors, effective immediately. Ge Mahe is vice president and managing director of Greater China for Apple.
The Leisure Collective Hires VP Of Sales, Eyewear Division, Americas
The Leisure Collective, Inc., distributor of Creatures of Leisure, Otis Eyewear and Sito Shades, hired Scott Oliver as vice president of sales, Eyewear Division, Americas. Oliver was, most recently, national sales manager, Smith Optics.
Puma And Foot Locker Expand Partnership
Puma and Foot Locker, Inc. have extended their long-standing partnership through collection and marketing collaborations with a refocus on basketball and to reach younger consumers.
Calcutta Outdoors Welcomes President And General Manager
Ed Small, CEO of Peak Global Holdings, announced that Chris Carlisle was hired as president and general manager of Calcutta Outdoors.
Camping World Acquires Alabama RV Dealer
Camping World Holdings, Inc. has agreed to acquire Ashley Outdoors, a family-owned RV dealership in Salem, AL. The company expects to close the sale in the first quarter of 2023, adding to Camping World’s existing Alabama locations in Calera, Dothan, Anniston, and Robertsdale.
Primary Arms Optics Names Director Of Sales
Primary Arms Optics hired Scott Tirman as director of optic sales. Prior to the role, Tirman was the CFO and vice president of operations at Steyr Arms in Bessemer, AL.
Nike’s Chief DEI Officer Exits
Nike’s chief diversity, equity and inclusion (DEI) officer, Jarvis Sam, has exited Nike after only five months in the post, according to a report from Business Insider.
Life Is Good Opens First California Store
Life Is Good opened its first store in California in La Jolla.
