BSN Sports Acquires Donnelley Sports
BSN Sports has acquired Donnelley Sports, located in Twin Falls, ID.
TJX Sees Modest Q3 Sales Decline Against Tough Comparisons
The TJX Companies, Inc. reported sales for the third quarter of Fiscal 2023 were $12.2 billion, a decrease of 3 percent versus the third quarter of Fiscal 2022. U.S. comp store sales decreased by 2 percent versus a 16 percent increase in U.S. open-only comp store sales in the third quarter of Fiscal 2022.
TJX Names CFO
TJX Cos. Inc. announced that John Klinger has been promoted to executive vice president, chief financial officer, effective January 29, 2023, the beginning of TJX’s fiscal year.
Peloton Expands Relationship With Amazon In The UK And Germany
Peloton Interactive, Inc. expanded its collaboration with Amazon. The Peloton Bike, Guide and select accessories are being sold in Amazon’s UK store. Peloton will also launch its business in Amazon’s German store in the coming weeks.
Kamik Names New COO
Kamik, the Canadian boot brand, hired Steeve Côté as chief operating officer, leading global operations, including supply chain management, manufacturing, and logistics.
Shoe Carnival Sees Continued Strong Growth Versus Pre-Pandemic Levels
Shoe Carnival Inc. reported sales were down 4 percent year-over-year in the third quarter ended October 29 but they marked the second highest quarterly result and were up 24 percent against the pre-pandemic third quarter of 2019.
On Again Lifts Guidance Following Strong Q3
On Holding AG raised its full-year outlook again after reporting earnings in the third quarter ended September 30 grew 20.5 percent on an adjusted basis on a 50 percent sales gain.
Katie O’Donohue Re-Joins SGB Media As Associate Publisher
SGB Media, LLC has announced that Katie O’Donohue has joined the company as Associate Publisher, effective immediately.
Winnebago Industries Sets 2025 Strategic Plan Targets
Winnebago Industries President and Chief Executive Officer Michael Happe and other company leadership team members provided its 2025 strategic plan targets during its Investor Day meeting and an overview of its long-term strategies, business updates and perspective on the outdoor lifestyle industry.
Nike Announces 11 Percent Increase In Quarterly Dividend
Nike Inc. announced that its Board of Directors approved a quarterly cash dividend of 34 cents per share on the company’s outstanding Class A and Class B Common Stock.
Snow Peak Opens First Shop-in-Shop In Costa Mesa, CA
Snow Peak, the Japanese outdoor lifestyle brand, opened its first shop-in-shop in the U.S., partnering with Costa Mesa, CA-based retailer Seed People’s Market, the outdoor retailer representing over 500 eco-conscious brands.
Genesco Opens New Headquarters In Nashville
Genesco, Inc. formally opened its new headquarters in its hometown of Nashville, TN, on November 3.
Planet Fitness Sets Three-Year Growth Target
During Planet Fitness’ first investor day, the company provided its three-year annual financial targets that call for annual growth in the low- to mid-teens in revenue, high-teens in adjusted EBITDA, and low- to mid-twenties in adjusted earnings per share.
Hurley To Open 10 Stores In 2023
Hurley expanded its U.S. store count to 40 and its global footprint to 50 since being acquired in 2019 by Bluestar Alliance, LLC from Nike, Inc. In 2023, Hurley said it plans to add another ten stores worldwide.
Inpiretek Names Chief Executive Officer
Inpiretek, a wellness management system for youth athletes based in Brisbane, Australia, hired Rodney Rapson as CEO.
