Genesco Sees 3 Percent Holiday Comp Gain
Genesco Inc. announced that comparable sales, including both stores and direct sales, increased by 3 percent for the quarter-to-date period ended December 24, 2022. The parent of Journeys now expects fiscal 2023 adjusted EPS to be at the low end of the most recent guidance range.
Lululemon Lifts Fiscal Q4 Sales Outlook; Sees Margin Pressure To EPS
Lululemon Athletica, Inc. slightly raised its revenue guidance for the fourth quarter while narrowing its EPS target.
Dick’s SG Closes Store In Worcester
Dick’s Sporting Goods closed its retail store at Lincoln Plaza in Worcester, MA on December 31.
Babolat Names National Sales Director
Babolat USA promoted Bill Edell, key account manager, to national sales director.
Everlane Cuts 17 Percent Of Corporate Workforce
Everlane announced internally it would lay off 17 percent of its 175 corporate employees as part of a cost-cutting measure to address market changes.
Cotopaxi CEO And Founder To Transition To Chairman In July 2023
Cotopaxi reported that CEO and Founder, Davis Smith, will transition to Chairman of the Board and transition his role to Damien Huang on July 1, 2023, respectively.
Kohl’s General Counsel To Exit
Kohl’s Corp. general counsel and corporate secretary Jason Kelroy plans to leave the business this month.
Boot Barn Exceeds Fiscal Q3 Guidance; Comps Down As E-Comm Falls 15 Percent
Boot Barn Holdings, Inc. reported preliminary results for the third quarter of fiscal year 2023 ended December 24, 2022.
Streamlight Names Regional Sales Manager
Streamlight, Inc. hired Brice Silveria as regional sales manager for the company’s Federal/Military Division.
Darby Communications Adds Two Partners To Ownership Structure
After celebrating fifteen years in operation, Darby Communications expanded the agency ownership to include two business partners.
Macy’s To Close Four Stores
Macy’s confirmed it is closing four stores in Los Angeles, CA; Fort Collins, CO; Oahu, HI; and Gaithersburg, MD.
Burris Promotes From Within For Regional Sales Manager Role
Burris promoted Phillip Harding, IV to U.S. regional sales manager.
Nielsen-Kellerman Elevates Arkell To CEO
Nielsen-Kellerman Company hired Chuck Arkell as CEO and as a member of its board of directors, effective immediately.
Quality Bicycle Products Recalls Handlebars And Bicycles
About 8,740 Quality Bicycle Products carbon handlebars and bicycles are being recalled.
ASTM Adds Board Member
ASTM International reported William A. Ells, vice president of sales at Vibram USA, will serve a three-year term on ASTM’s International board of directors.
