Big 5’S Q2 Sales Drop Against Challenging Comparisons
Big 5 Sporting Goods Corp. reported same-store sales fell 22.3 percent in the second quarter ended July 3 against tough comparisons in the year-ago quarter. Sales were below company guidance but both earnings and sales surpassed any pre-pandemic second quarter.
Amazon Offers Same-Day Prime Delivery For Select Retail Chains
Amazon announced it’s adding a select group of brick-and-mortar retail brands to its same-day delivery service for Prime members from PacSun, Diesel and Superdry, as well as vitamin retailer GNC, in ten U.S. cities.
Mystery Ranch Adds Director Of Product
Mystery Ranch hired Dana 3 Gleason as director of product. He is the son of Dana Gleason, Jr., company co-founder.
Pentland Brands Announces Director Of Creative
Pentland Brands, the owner of outdoor and lifestyle brands, including Speedo, Berghaus, Ellesse, Canterbury of New Zealand, Mitre, and Endura, hired Paisley Wright as its new creative director.
APL To Open Store In New York City
APL, the Los Angles-based sneaker upstart also known as Athletic Propulsion Labs, is opening its first store in New York City, in Soho, according to TheRealDeal.
PepsiCo Invests In Fitness Energy Drink Maker Celsius
PepsiCo announced a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal.
MidwayUSA Promotes Director Of Merchandising, Hunting & Outdoors
MidwayUSA’s Travis Rodgers was promoted to director of merchandising for the Hunting & Outdoors category.
Primary Arms Adds Firearms & Ammunition Buyer
Primary Arms has hired Tyler Helgeson as a firearms & ammunition buyer.
Creedmoor Sports Promotes VP Of Operations
Creedmoor Sports, the maker of shooting equipment, promoted John Teachey to vice president, operations.
Li Ning Hires Group VP And CFO
Li Ning Company, Ltd. has hired of Zhao Dong Sheng as group vice president and chief financial officer.
Gaia’s Q2 Revenues Improve 7 Percent
Gaia, Inc.’s results for the second quarter ended June 30 marked its eighth consecutive quarter of positive earnings and EBITDA, with Q2 EBITDA margins over 20 percent.
Clarus Bangs Out 57 Percent Q2 Revenue Gain
Clarus Corp. reported profits jumped 105 percent for the second quarter ended June 30. Sales grew 57 percent, boosted by the acquisitions of Rhino-Rack and Maxtrax as well as 22 percent organic sales growth. Sales of the Outdoor segment, led by Black Diamond, increased 17 percent. The company maintained its full-year guidance.
3STEP Sports Acquires Wildfire Volleyball Academy
3STEP Sports acquired Wildfire Volleyball Academy for its volleyball division. Founded in 2004 by Ore Pablos, Wildfire Volleyball Academy has 14 national and 13 state teams and more than 300 girls in its training program.
Camping World To End NASCAR Support
Camping World is ending its longtime NASCAR Truck Series sponsorship after this season after holding the role of title sponsor for more than a decade.
JD Sports Sells Footasylum To Germany’s Aurelius
JD Sports sold Footasylum to German private equity firm Aurelius Group for an enterprise value of about £37.5 million ($38 million), less than the £86 million pounds ($102.9 million) price it paid for the chain in 2019.
