SGB Update

Camber Outdoors Names Chief Of Staff

Camber Outdoors hired Mindy Silva as chief of staff, effective immediately. In this newly created position, Silva will act as a strategic thought partner and advisor to Camber’s CEO, Tiffany Smith.

Recall: Horizon T101-05 Treadmills

About 192,000 Horizon T101-05 Treadmills sold in the U.S. have been recalled for unexpectedly accelerating, changing speed or stopping without user input, posing a fall hazard. 

Deckers Brands’ Q2 Again Driven By Hoka’s Outperformance

Deckers Brands reported earnings and sales both exceeded analyst targets in the second quarter ended September 30 and maintained its outlook for sales and EPS for the fiscal year despite margin pressures. Sales of Hoka surged 58.3 percent year over year in the quarter while sales of Ugg gained 6.3 percent.

Free Fly Apparel Hires Sales Director

Free Fly Apparel, the manufacturer of performance apparel made from bamboo, hired Justin Julian as sales director overseeing the company’s national wholesale business, managing its independent reps and growing the brand in the Western region working with key accounts.

Columbia Sportswear Q3 EPS Tops Wall Street’s Targets

Columbia Sportswear reported earnings surpassed Wall Street’s consensus target in the third quarter ending September 30 as sales grew 22 percent on a constant-currency basis. The company slightly lowered its operating earnings outlook for the year due to margin pressures but maintained its sales guidance.

Fanatics Hires Global HR Executive And Organizational Leader

Fanatics hired Orlando Ashford for the newly created chief people officer (CPO) role at Fanatics Holdings working closely with the company’s three businesses—commerce, collectibles and betting and gaming while managing global human resources.

Mitchell & Ness, Fanatics Expand Ownership Group

Fanatics expanded the ownership group of Mitchell & Ness. The ownership group now includes LeBron James, Kevin Durant, Chris Paul, CJ McCollum, Devin Booker, James Harden, Joel Embiid, Odell Beckham Jr., Kevin Hart, Rich Paul, Rich Kleiman, Scooter Braun, and Steve Stoute.

Vertical Brands Names COO

Vertical Brands, the parent of CB Sports Apparel and Neve Designs, has hired Christopher Pete as COO.

Moncler’s Q3 Sales Climb 12 Percent Currency-Neutral

Moncler S.p.A. reported sales in the third quarter were €638.3 million, up 12 percent currency-neutral compared with the same period of 2021 and 50 percent currency-neutral compared with the same period of 2019.