Academy Sports Opens New Store In Indiana
Academy Sports + Outdoors will officially open a new store in Jeffersonville, IN, located at 1600 Veterans Pkwy, in the Jeffersonville Town Center, on October 7.
South Korea’s Naver To Buy Poshmark For $1.2 billion
South Korean Internet giant Naver agreed to acquire Poshmark, the U.S.-based online resale platform, for roughly $1.2 billion. Naver is paying $17.90 per share in the all-cash deal. Poshmark closed Monday at $15.57.
Karl’s Fishing & Outdoors Opens Second Retail Store At Mall Of America
Karl’s Fishing & Outdoors opened its second brick-and-mortar storefront at the Mall of America in Bloomington, MN. The 2,000-square-foot space follows the recent opening of its first store location in Fort Worth, TX.
Remington Enters Apparel Licensing Partnership With Ganka
Remington Ammunition has officially partnered with Ganka, Inc., an outdoor clothing and accessories distributor, as a new licensee. The partnership is designed to provide apparel and footwear to hunters, hikers and outdoorsmen.
Dickies Names Senior Director, Global Growth And Performance Marketing
Dickies hired Justin Bones as senior director of global growth and performance marketing to oversee its North America marketing, strategy, planning, and execution for new customer acquisition and retention.
Gravity Haus Acquires Ptarmigan Inn
Gravity Haus has acquired a fifth property, its fourth hotel in Colorado, with the purchase of The Ptarmigan Inn. The company said it would also expand its membership offering in Steamboat Springs, CO.
Sea To Summit Hires General Manager For EMEA
Sea to Summit announced it hired David Ledouble as general manager for Europe, the Middle East and Africa.
NRF Report: Consumers Continue To Spend Despite Inflationary Worries
Consumers continue to worry about high inflation and the Federal Reserve interest rate hikes intended to bring inflation down, but neither has stopped them from spending, according to the National Retail Federation Chief Economist Jack Kleinhenz.
Obit: Dan Wieden, Co-Founder, Wieden + Kennedy
Dan Wieden, the Co-Founder of Wieden + Kennedy who coined Nike’s phrase, “Just do it,” passed away at the age of 77.
NPD Survey: Economy Concerns Weigh On Holiday Spending
NPD, which recently merged with Information Resources, Inc. (IRI), reported that 29 percent of U.S. consumers would spend less this holiday season due to increased economic negativity and personal finances, following its recent holiday purchase intentions consumer survey.
Specialized Appoints Chief Marketing Officer
Specialized has appointed David Schriber, formerly with Nike, Burton, and Masterclass, as chief marketing officer.
F45 Confirms Buyout Offer
F45 Training Holdings Inc., the fitness studio, confirmed that it received an unsolicited preliminary non-binding proposal from Kennedy Lewis Investment Management LP (KLIM) to acquire all of the outstanding shares of common stock of the company, not already beneficially owned by KLIM.
Rocky Sells Neos To SureWerx
Rocky Brands Inc. announced that it has sold Neos Overshoe to SureWerx, a manufacturer of safety, tool & equipment products. Terms were not disclosed.
Peloton Partners With Hilton Hotels
Peloton Interactive, Inc. announced a partnership with Hilton Hotels, making Hilton the first hospitality brand to feature Peloton’s bikes across its U.S. hotel portfolio.
Spanx Promotes Kim Jones To CEO
Spanx, LLC. announced that Kim Jones had been promoted to CEO effective immediately. Jones takes over the top executive position from Spanx founder Sara Blakely, who remains executive chairwoman.
