Signa Sports Sales Climb 29 Percent In Q3
Signa Sports United N.V. (SSU) reported sales in its third quarter ended June 30 grew 29 percent, boosted by the full contribution of recently acquired businesses WiggleCRC and Tennis Express. The Berlin-based online platform reduced its guidance for the year due to continued supply chain challenges and weaker consumer spending.
Macy’s Elects Board Member
Macy’s, Inc. elected Emilie Arel, president and chief executive officer of Casper Sleep, to its board of directors, effective August 15, 2022.
Academy Sports Opens First Store In Virginia
Academy Sports + Outdoors announced the opening of its first Richmond, VA. The 58,075-square-foot store is located at 11861 W. Broad Street in The Corner at Short Pump.
Li Ning’s Sales Climb 22 Percent In First Half
Li Ning Company, Ltd. reported net income grew 11.6 percent in the half ended June 30 on a 21.7 percent revenue gain. The improvement came despite the “impact of repeated outbreaks of the COVID-19 pandemic and significant increase in raw material prices that led to certain challenges to the operating environment.”
Alterra Mountain Company Expands Social Responsibility Team
Alterra Mountain Company expanded its Social Responsibility team, focused on the company’s three pillars of Sustainability, DEI and Community.
On Lifts Guidance On North America Momentum
Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.
Cascade Designs Hires National Sales Manager
Cascade Designs, the parent company of MSR, Therm-a-Rest, Platypus, SealLine, and PackTowl, hired Jaime Buyagawan as national sales manager overseeing its U.S. Outdoor Specialty channel.
RV Retailer Announces Leadership Appointments
RV Retailer, LLC announced it hired Jennifer Robinson as vice president and chief financial officer, Mario Lozada as chief information officer and Shahnaz Broucek as chief leadership coach and culture development officer.
Ammo’s Q1 Sales Expand 37 Percent
Ammo Inc., the owner of GunBroker.com, continued to show strong momentum in both its ammunition and marketplace divisions in the first quarter of Fiscal 2023, as revenue increased 37 percent from the first quarter of Fiscal 2022.
Carhartt Hires Chief Brand Officer
Carhartt announced it hired Susan Hennike as chief brand officer reporting to Linda Hubbard, president and chief operating officer of Carhartt.
Fila Holdings Q2 Earnings Slump On Gross Margin Pressures
Korea-based Fila Holdings Corp. reported earnings declined 15.7 percent in the second quarter ended June 30 despite a 15.0 percent sales gain.
Super Shoes Closes Store In Pennsylvania
Super Shoes has closed its location on Philadelphia Street in Indiana, PA. The chain continues to operate 41 stores in the Northeastern and Mid-Atlantic states as well as Supershoes.com.
Under Armour Named Official Outfitter Of Spire Academy
Spire Academy, located in Geneva, OH, said Under Armour has become the official outfitter of its student-athletes.
Nike Closes Offices For “Well-Being Week”
Nike, Inc., for the second consecutive year, has closed its global corporate office from August 15-19 for “Well-Being Week,” for Nike employees to “relax and recharge.”
Trek Bicycle Appoints VP Of Ascend
Trek Bicycle, based in Waterloo, WI, announced that longtime executive Roger Gierhart will take the helm as vice president of Ascend, the retail management system that Trek sells to independent retailers.
