Play It Again Sports Parent Sees Slight Quarterly Earnings Decline
Winmark Corporation, the parent of Play It Again Sports, reported earnings for the quarter that ended September 24, 2022, of $10.37 million, or $2.93 per share, against $10.1 million, or $2.67, a year ago.
Yue Yuen’s Sales Expand 37 Percent In September
Yue Yuen reported sales grew 37.4 percent in September and are now up 8.2 percent in the first nine months of the year.
Nike Adds New Restrictions For Resellers
Nike has added new terms and conditions to prevent resellers from purchasing footwear and reselling it on the secondary market to monitor sneaker-buying bots.
Suntex Marinas Acquires Florida’s Legendary Marina
Suntex Marina Investors, LLC (Suntex), the owner and operator of marina properties based in Dallas, TX, announced its first acquisition in the Florida panhandle with the purchase of the Legendary Marina in Destin, FL.
Topgolf To Open Second Venue In St. Louis Area
Topgolf plans to open a new location in Midtown St. Louis in late 2023 located south of the Saint Louis University campus at Chouteau Avenue and Compton Avenue, south of I-64. This will be the second to serve the greater St. Louis area.
CFDA Elects New Chairman
The Council of Fashion Designers of America (CFDA) announced that Thom Browne will become its new chairman, effective January 1, 2023. The CFDA Board of Directors unanimously elected the designer to the role for a two-year term.
Krimson Klover Expands Representation With Powers-Pederson Sales Group
Krimson Klover, the manufacturer of active women’s apparel, founded in 2009, announced it expanded its contract with the Powers-Pedersen Sales Group to represent the company in the Midwest region.
Yoox Net-A-Porter Names Interim CEO
Yoox Net-A-Porter announced that Alison Loehnis has been named interim CEO, effective October 31, 2022, replacing Geoffroy Lefebvre, who is stepping down to pursue a private equity-backed entrepreneurial career outside of Richemont after 11 years with the company.
KOA Makes New Hires To Executive Team
Kampgrounds of America, Inc. hired Eric Rathburn as vice president of real estate development of the Owned and Operated Assets of KOA and Emily Cross as in-house legal counsel.
Nike Once Again Tops Piper Sandler’s Teen Survey
Nike remains the No. 1 brand for teens in apparel (31 percent) and footwear (60 percent ), according to Piper Sandler’s 44th Semi-Annual Generation Z survey. Lululemon, Converse, Crocs, and Hey Dude also gained traction.
Creedmoor Sports Acquires Property For Long-Term Growth
Creedmoor Sports, the manufacturer of precision shooting equipment, completed the purchase of four acres adjacent to its current facility in Anniston, AL, to support its growth objectives and future facility expansion.
Eagle Creek Partners For Canadian Distribution
Eagle Creek partnered with In-Sport Fashions for nationwide product distribution in Canada to offer consumers wider product availability and improved customer support.
HanesBrands Partners With University Of California, Berkeley
HanesBrands announced a new primary apparel partnership with the University of California, Berkeley. The ten-year agreement gives HBI exclusive rights to design, manufacture and distribute fanwear across mass and campus/local channels.
PXG Opens Store In Boston
PXG, the sports equipment manufacturer that sells a line of custom-fitted golf equipment products and accessories, opened its first brick-and-mortar store in Framingham, MA, located West of downtown Boston.
President & CEO Of JLL’s Americas Retail Business To Retire
JLL announced that Greg Maloney is retiring effective December 31, 2022. Kristin Mueller, a longtime partner and the current COO of JLL’s Property Management, will replace Maloney as president of the company’s Retail Property Management business.
