Primary Arms Optics Names Director Of Sales
Primary Arms Optics hired Scott Tirman as director of optic sales. Prior to the role, Tirman was the CFO and vice president of operations at Steyr Arms in Bessemer, AL.
Nike’s Chief DEI Officer Exits
Nike’s chief diversity, equity and inclusion (DEI) officer, Jarvis Sam, has exited Nike after only five months in the post, according to a report from Business Insider.
Life Is Good Opens First California Store
Life Is Good opened its first store in California in La Jolla.
Ronnie Fieg Named NY Knicks’ Creative Director
The New York Knicks hired Kith-founder and CEO Ronnie Fieg as the Knicks’ first creative director.
Maryland Governor-Elect Steps Down From Under Armour’s Board
Under Armour Inc. announced that Wes Moore has stepped down from its Board of Directors effective immediately due to his election as governor of the state of Maryland.
Dillard’s Sees Q3 Profits Slip
Dillard’s Inc. reported a slight decline in earnings in the third quarter as a gross margin decline offset 3 percent same-store sales growth.
Gregory Sales Slip At Samsonite
Samsonite International S.A. reported sales of the Gregory backpack brand were down 2.7 percent on a currency-neutral basis in the third quarter.
Yue Yuen Sees Manufacturing Offsetting Retail Weakness In YTD Report
Yue Yuen Industrial (Holdings) Inc. reported revenue of US$6.972 billion in the nine months ended September 30, 2022, representing an increase of 8.2 percent compared to revenue of US$6.441 billion in the prior-year YTD period.
KMD Brands Adds Director
KMD Brands, Ltd., the parent of Kathmandu, Rip Curl and Oboz, announced that it had completed the process to hire an additional non-executive director to its Board. Zion Armstrong, former president of Adidas North America, agreed to join the company as a non-executive director, effective December 1, 2022.
Vista Outdoor Facing Possible Debt-Ratings Downgrade
S&P Global Ratings placed the debt ratings on CreditWatch with negative implications due to the potential spin-off of its Outdoor Products business.
Pro Athletes Join In Ownership Of Honey Stinger
Honey Stinger reported that ten professional athletes had joined in ownership of the company and its principal investor, Factory LLC, as part of a $15 million raise facilitated by Chaos Ventures.
SportChek’s Sales Dip In Third Quarter
Canadian Tire Inc. reported SportChek’s retail sales were down 1.5 percent in the third quarter with comparable sales down 1.0 percent over the same period last year.
Wolverine World Wide Re-Aligns Brand Structure, Leadership
Wolverine World Wide, Inc. is reorganizing its brand group structure into the Active, Work, and Lifestyle Groups and appointed new leadership for each group.
Ammo Manufacturer Sees Exit Of Board Member
Scott Ferguson, managing partner of Sachem Head Capital Management, has resigned from the Olin Corporation Board of Directors.
OS1st Appoints SVP Business Development
OS1st hired industry veteran Chris Bevin as the brand’s SVP of business development.
