Gymshark Hires Chief Supply Chain Officer
Gymshark named Laurent Madelaine as its first chief supply chain officer, overseeing sourcing, supply chain and logistics. He will also be responsible for quality control and the brand’s sustainability strategy, reporting to Gymshark’s CEO and founder Ben Francis.
Nordstrom Cuts Outlook After Holiday Sales Slump
Nordstrom, Inc. posted declines in both comparable store sales and net sales for the nine-week Holiday period ended January 1 as promotional environment and tight margins prompt the retailer to lower fiscal year guidance.
Darn Tough Vermont Hires Environmental And Social Responsibility Chief
Darn Tough Vermont hired Kristen Graf as global director, Environmental and Social Responsibility. Graf steps into the role with two decades of developing and overseeing sustainability and equity programs.
USA Cycling Appoints New Board Chair
Cari Higgins has been elected chairwoman of USA Cycling’s board of directors. She was previously vice chair of the board.
RunSignup Posts Growth In 2022
RunSignup reported strong company growth in 2022 and an encouraging sign that the endurance market is strengthening. Compared to 2019, the pre-pandemic baseline, the number of registrations on its platform grew 20 percent while the total transaction dollars jumped 47 percent.
Compass Diversified Authorizes $50 Million Share Repurchase Program
Compass Diversified Holdings said its Board of Directors authorized the repurchase of up to $50 million of its issued and outstanding common shares.
REI To Open Store In Mount Pleasant
REI Co-op is scheduled to open a store in Mount Pleasant, SC on February 17. Located in Indigo Square at 1720 Shoremeade Road, the store measures 21,500 square feet.
Fanatics Extends Partnership With British And Irish Lions Brand
Fanatics and the British & Irish Lions extended its long-term deal for an e-commerce and manufacturing partnership, which will run until 2030 and include the 2025 and 2029 British & Irish Lions Tours.
USTA Hires Chief People & Culture Officer
The USTA hired Henry Lescaille as chief people & culture officer, a new position.
Wolverine World Wide’s Debt Ratings Lowered
S&P Global Ratings downgraded the debt ratings on Wolverine World Wide, Inc., citing the footwear company’s weakened operating performance over the past few quarters.
SkyTrak Hires VP, Business Development
SkyTrak, the maker of indoor gold launch monitors, hired Dave Pauley as vice president of business development.
Powder Valley Names Director Of Marketing
Powder Valley, a supplier of reloading components, ammunition and accessories, based in Winfield, KS, hired Jon Hardin as director of marketing.
Unifi Sees Steep Sales Decline In Fiscal Second Quarter
Unifi, Inc., the maker of Repreve, said it expects to report a 24 percent to 25 percent drop in sales in its fiscal second quarter ended January 1, worse than forecast.
Nike To Close Store In Downtown Seattle
The Nike store in downtown Seattle, WA, first opened in 1996 at Sixth Avenue and Pike Street, is closing on January 19.
C-A-L Ranch Stores To Merge With Coastal Farm & Home
C-A-L Ranch Stores, the farm and ranch retailer with 33 locations across Idaho, Utah, Nevada, and Arizona, entered into a merger agreement with Coastal Farm & Home, a ranch and country lifestyle retailer with 21 locations in the Pacific Northwest.
