Skechers Opens Superstore In New Jersey
Skechers announced it had opened its largest East Coast retail store in New Jersey. The 22,000-square-foot superstore is at The Mills at Jersey Gardens.
Emerald Acquires Advertising Week Global Event Platform
Emerald Holding, Inc. announced that it had completed the acquisition of all the business assets under the name Advertising Week from Stillwell Partners.
Pou Sheng Names New CEO, Chairman
Pou Sheng, Yue Yuen’s Chinese retail subsidiary, appointed Wang Jun as CEO, effective July 1, succeeding Shao-Wu Lee who is stepping down to become chairman.
Obit: Luxottica Founder Dies At 87
Leonardo Del Vecchio, the chairman of eyewear giant EssilorLuxottica and founder of Luxottica, has passed away at the age of 87.
Anon Appoints General Manager
Anon, a maker of ski and snowboard helmets, goggles and sunglasses owned by Burton, has named Mark Wakeling as general manager.
USWE Sports AB Acquires Giant Loop
USWE Sports AB, a publicly traded backpack company based in Malmö, Sweden, has acquired Bend, OR-based Giant Loop LLC, a powersports brand known for its innovative off-road motorcycle soft luggage designs. The transaction is scheduled to close on July 1.
Eleiko USA Appoints President
Eleiko, the supplier of strength equipment, appointed Magnus Nyberg as president of Eleiko USA.
Sports Fandom Increases, Powered By New Digital Platforms
A new study by Nielsen and LaLiga Tech shows Millennial and Gen Z consumers are following more sports competitions than Gen X and Boomers but strongly prefer streaming and mobile experiences, including fantasy games.
Nike’s Q4 Tops Wall Street Targets
Nike, Inc. reported earnings in its fiscal fourth quarter ended May 31, down 5 percent year-over-year but topped Wall Street estimates. Sales were down one percent as a 7 percent decline in its wholesale segment was offset by a 7 percent gain in direct sales.
Camber Outdoors Names CEO
Camber Outdoors announced that they hired Tiffany Smith as CEO. Most recently, she was the chief development officer for the organization. Smith steps into the new role effective immediately.
Wilson Opens Third New York City Store
Wilson Sporting Goods Co. opened its third store in New York City at Columbus Circle.
Holo Footwear To Move Headquarters To Grand Rapids
Holo Footwear moved its headquarters from Portland, OR to downtown Grand Rapids, MI, opening its e-commerce operations and creating 61 jobs and $1.6 million in capital investment for the state.
Thor Industries Boosts Buyback Program To $600 Million
Thor Industries Inc. said its board has authorized the buyback of up to $600 million while extending the duration of the program by approximately seven months.
Primary Arms Names Senior Director Of HR
Primary Arms has announced the hiring of Osvaldo “Ozzie” Cortes to the position of Senior Director of Human Resources.
Compass Diversified Joins Russell 2000 And 3000 Indexes
Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.
