Fenix Outdoor’s Q3 Sales Expand 13 Percent
Fenix Outdoor International reported sales climbed 13.4 percent in the third quarter.
NRF Study Forecasts More Than $816 Billion In Holiday Returns
Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a retail report released by the National Retail Federation (NRF) and Appriss Retail. As retail sales continue to grow, the average rate of return has remained flat at 16.5 percent compared with 16.6 percent in 2021.
Gympass Adds 24 Hour Fitness To Platform
Gympass reported it added 24 Hour Fitness to its platform and recently partnered with Thrive Global, Stronger U Nutrition and Sleep Cycle.
REV Group’s Sales Expand 5.7 Percent In Fourth Quarter
REV Group, Inc. reported consolidated net sales in the fourth quarter ended October 31 were $623.6 million, representing an increase of 5.7 percent compared to $589.9 million for the three months ended October 31, 2021.
UCAN Names New CEO
The UCAN Company, the nutrition brand, hired Elena Sukacheva as chief executive officer. Sukacheva will also serve on the company’s Board of Directors.
TravisMathew Announces Hires For European Office
TravisMathew, the manufacturer of lifestyle and performance apparel, hired Matt Freeland and Matt Cox as general manager, EMEA and strategic key account manager EMEA, respectively, headquartered in its newly-created European office.
Dunham’s Sports To Open Stores In Wisconsin And Nebraska
Dunham’s Sports is opening stores on December 16 in Manitowoc, WI and North Platte, NB.
Al’s Sporting Goods To Open In Boise
Al’s Sporting Goods is opening a stores in Boise, ID, according to boisedev.com.
GoFluo Cycling Apparel Enters U.S. Market
GoFluo, the Belgian cyclist apparel brand, reported it will enter the U.S. market in 2023.
PVH Hires Global Brand President, Calvin Klein
PVH Corp. hired Eva Serrano as the global brand president for Calvin Klein. Serrano, a veteran Inditex Group employee, will join the company in March 2023, reporting to CEO Stefan Larsson.
Report: Pinarello Exploring Sale
L Catterton, the private equity fund that acquired Pinarello in 2016, has retained Houlihan Lokey to explore a sale of the Italian bike manufacturer, according to unquote.com.
IAiming Names VP Operations
IAiming, the maker of smart thermal rifle scopes, hired Tom Weeks as vice president of U.S. operations, based in its North American headquarters in Arlington, TX.
Record 158 Million Shoppers Expected To Shop Super Saturday
This year, a record 158 million consumers are expected to shop on the last Saturday before Christmas, according to the annual survey released today by the National Retail Federation (NRF) and Prosper Insights & Analytics. The number is approximately 10 million more than last year’s expected Super Saturday shopper count and the highest number since the NRF started tracking the data in 2016.
Vittoria Group To Be Acquired By PE Firm
Vittoria reported that private equity investors Telemos Capital have signed a binding agreement to acquire a majority stake.
L.L.Bean Inks Licensing Agreement In Japan
Japanese firm Itochu Corp. reported it acquired the master license rights for L.L.Bean in Japan and the wholesale rights for imported products.
