Prana Hires VP Of Marketing From Nike
Prana, a subsidiary of Columbia Sportswear, hired Brianna Showell as vice president of marketing.
Clarus Issues Statement On Recent Stock Volatility
Clarus Corporation released a statement acknowledging the recent market volatility in the trading of shares of its common stock and related derivatives as well as the unauthorized purchases of common stock by Parallax Volatility Advisers.
New Balance Appoints Global Director Of International Marketing
New Balance hired Romina Bongiovanni as global director of international marketing. She replaces Tim Malone, who joined Crocs as VP of global integrated marketing in May.
ABC Fitness Solutions Completes Acquisition Of Glofox
ABC Fitness Solutions (ABC), a provider of software and related services for fitness chains, completed its acquisition of Glofox, a business unit servicing the boutique gym and studio sector within ABC.
Rapala Warns Of Profit Drop As Fishing Market Softens
Rapala VMC Corp., the manufacturer of fishing lures and other fishing-related products based in Helsinki, updated its full outlook for the year and now expects operating profits to decline “significantly below” previous year levels.
The Buckle’s Comps Increase 4.6 Percent
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 27, 2022 increased 4.6 percent.
Unifi Appoints Board Member
Unifi Inc., makers of Repreve, announced the election of Frank Blake to the company’s Board of Directors, effective September 5.
Otis Technology Announces Sales Team Promotions
Otis Technology, the maker of gun cleaning systems, announced several promotions within the sales organization.
Duluth Trading’s Revenues Slide 5 Percent In Second Quarter
Duluth Trading Company reported sales were down 5 percent in the second quarter ended July 31. Earnings and sales came in short of analyst targets and Duluth lowered its guidance for the year.
Genesco Reduces Outlook Despite Q2 EPS Exceeding Expectations
Genesco, Inc. reported second-quarter earnings that came in well above analyst expectations but reduced its guidance for the year as sales at Journeys slowed toward the end of the quarter and into August, as well as due to inflationary concerns.
Frye And Tretorn Secure Sportswear License Partners
NYC Alliance announced a partnership with Authentic Brands Group (ABG) to design, produce and distribute men’s and women’s sportswear for Frye and Tretorn.
Orangetheory Appoints President Of International
Orangetheory Fitness hired Jason Dunlop as president of international, overseeing the brand’s international studio portfolio and ongoing expansion efforts. Dunlop’s resume includes employment with CrossFit, Canada Goose, Starbucks, and Nike.
Patagonia To Open Store In Baltimore
Patagonia, Inc. will open its first store in Baltimore, MD, next month.
Venum Extends Deal With UFC
Venum, the French brand, and Ultimate Fighting Championship (UFC) have agreed to a multi-year extension of their global partnership.
3Step Sports Acquires FaR Out Volleyball Club
3Step Sports acquired the FaR Out Volleyball Club, adding another nationally-recognized club to its volleyball division.
