SGB Update

Lands’ End Sets Organzational Changes

Lands’ End Inc. reported executive leadership hires and organizational changes to support its business objectives and growth initiatives.

Delta Apparel Sales Dip In Fiscal First Quarter

Delta Apparel Inc. expects overall 2023 fiscal first quarter net sales of approximately $106 million for the three-month period ended December 31, a decline of 4.2 percent from $110.7 million in the year-ago comp period.

Merrell Hires New VP U.S. Sales

Merrell hired Jessica Adler as VP of U.S. sales. With nearly 20 years of experience in retail, Adler is responsible for the brand’s U.S. wholesale strategy.

Brunswick Corp. Introduces Boat Brand At CES

This week, Brunswick Corp. launched a new boat brand, Veer, at the CES show. The company said the boat supports electric propulsion and appeals to the “next generation of boaters.”

DSW Parent Appoints New CEO, Reiterates Outlook

Designer Brands, Inc., parent company of DSW and Topo Athletic, hired Doug Howe, president of DSW, to succeed Roger Rawlins as CEO, effective April 1, 2023, at which time Rawlins will step down as CEO and as a member of its board of directors.

YakAttack Hires VP Of Sales

YakAttack, LLC hired Joe Butler as VP of sales. Butler was previously the owner of Black Creek Outfitters. He brings 30-plus years of business development and watersports retail experience to the position.

Osprey, Hydro Flask Parent Sees Drop In Fiscal Q3 Home & Outdoor Segment Sales

Helen of Troy Ltd. reported sales in its Home & Outdoor segment, which includes OXO, Hydro Flask, Osprey, were down 7 percent on a reported basis and 23.3 percent on an organic basis in the third quarter ended November 30. Helen of Troy’s overall sales were down 10.6 percent but results exceeded expectations and guidance was raised for the fiscal year.

Fanatics Sells Majority Stake In NFT Startup Candy Digital

Fanatics is selling its 60 percent stake in sports-focused NFT company Candy Digital to a group led by Galaxy Digital, according to a report from CNBC, citing an internal email from the network. Terms were not disclosed.