Adidas To Merge Canadian And U.S. Operations
Adidas confirmed that it is consolidating its operations in the US and Canada, according to Retail Insider.
Topgolf Sets Opening For Charleston
Topgolf will open its 87th global venue on January 20 in North Charleston, SC.
Anta Sports Sees Modest Decline In Q4 Revenue
Anta Sports reported that sales for the fourth quarter of Anta-branded product, in terms of retail value, declined in the high-single-digits compared to the same period in 2021.
Crocs’ Debt Ratings Outlook Revised To Stable
S&P Global Ratings revised its outlook on Crocs, Inc. to stable from negative on expectations that the company’s revenue and EBITDA would continue to grow despite a challenging macro environment.
Under Armour To Open Second Store In Manhattan
Under Armour has signed a 6,750-square-foot lease to open a store in the Flatiron District of Manhattan, according to The Real Deal.
BSN Sports, Under Armour Partner With Schreiner University
BSN Sports and Under Armour established a new athletic partnership with Schreiner University Athletics in Kerrville, TX.
Nike’s Mark Parker To Become Chairman Of Walt Disney
The Walt Disney Company elected Mark Parker, a seven-year member of the Disney Board and executive chairman of Nike, Inc., as chairman of its board of directors, effective following its annual meeting of shareholders.
Bare Performance Nutrition Names CEO
Bare Performance Nutrition promoted Kat Thomas to chief executive officer. The position was previously held by its Founder Nick Bare, who now assumes the role of chief creative officer.
REI To Open Athens Store
REI Co-op will open a new store in Athens, GA on February 10.
Academy Sports To Open Store In Lafayette, IN
Academy Sports + Outdoors, Inc. will open its first store in Lafayette, IN this spring in Lafayette Pavilions. This is the retailer’s fourth location in Indiana.
JD Sports Posts 20 Percent H2 Growth Across North American Retail Banners
JD Sports Fashion Plc, the parent company of Finish Line, DTLR and Shoe Palace in the U.S. and sports fashion and outdoor retail brands Blacks, JD, Millets, and Go Outdoors in the U.K., realized sales growth of more than 10 percent in its organic retail businesses through 22 weeks of the second half of 2022.
Kimber Names COO
Kimber, Mfg., Inc., the manufacturer of 1911 handguns and other firearms, hired Chris Klope as chief operating officer, succeeding outgoing COO Dennis Dougherty, who is transitioning to Kimber’s board.
Fernandez Holdings Acquires Kash CA, Names New President And CFO
Fernandez Holdings, Inc. (FHI) reported the acquisition of KASH CA, which includes the firearmsbrands of Freedom Munitions, Ammo Load Worldwide, X-Treme Bullets, as well as LAX Ammunition retail locations.
Yue Yuen’s Sales Drop In December
Yue Yuen reported sales for the month of December slid 20.5 percent to $629.8 million.
BlackStrap Creates Midway Campus And Company Headquarters
BlackStrap, the manufacturer of face gear, base layers and accessories for winter sports, anglers and outdoor recreationists, is expanding and constructing its Midway campus and company headquarters.
