361 Degrees Posts 17.6 Percent Growth In Six Months
361 Degrees International Ltd. reported an uptick in profits in the first half as sales grew 17.6 percent to RMB 3,653.8 million ($532 mm). Apparel led the gains.
Anta Sports Sees 13 Percent Growth In Six Months
Hong Kong-based Anta Sports Products Limited reported a slight decline in profits in the six months ended June 30 as lower gross margins offset a 13.8 percent climb in sales. Amer Sports showed a 23.2 percent sales gain.
Peak Ski Company Hires Senior Director Of Skiing And Product Innovation
Peak Ski Company, based in Bozeman, MT, hired Chris Davenport as senior director of skiing and product innovation. Earlier this year, Co-Founders Bode Miller and Andy Wirth launched the company and its 2022/23 performance lineup of Peak by Bode Miller alpine skis.
Urban Outfitters Q2 Finds Growth At Anthropologie and Free People
Urban Outfitters, Inc. reported modest growth in the second quarter as high-single-digit growth at Free People Group and Anthropologie Group offset a decline at the Urban Outfitters chain.
Nordstrom Slashes EPS Outlook As Traffic Slows
Nordstrom, Inc. significantly reduced its EPS guidance for the year due to a decline in customer traffic beginning in late June, mainly at Nordstrom Rack, and expectations that promotions would be required to clear elevated inventories in the second half.
Caleres Sees Second-Quarter Sales Climb 9.3 Percent
Caleres saw sales expand 9.3 percent in the second quarter that ended July 30 as a 35.6 percent increase in its Brand Portfolio segment offset a 3.8 percent decline at Famous Footwear. Caleres reiterated its guidance for the year.
Ballogy Strikes Partnership With National High School Basketball Coaches Association
Ballogy, Inc., the skills assessment and development app and exposure platform for youth and amateur basketball players, has formed an exclusive partnership with the National High School Basketball Coaches Association (NHSBCA).
Stewart Surfboards Adds New Licensee And Distributor For Europe
California-based Stewart Surfboards retained Sample N Co., the French-based distribution company, as a licensee and distributor for Europe. Sample N Co. has been licensing, distributing and selling surf and outdoor brands in Europe for the past ten years.
Michael Vick Launches Digital Collectibles Platform
Michael Vick, the former NFL quarterback, has co-founded FanField, a sports tech company launching an NFT platform this fall.
Tiger Woods, Rory McIlroy And Mike McCarley Form TMRW Sports
Tiger Woods, Rory McIlroy, and veteran sports industry executive Mike McCarley founded TMRW (Tomorrow) Sports, a technology-focused startup that feature progressive approaches to sports, media, and entertainment. Dick Ebersol is an initial investor.
Academy Sports + Outdoors Opens 12th Store In Atlanta
Academy Sports + Outdoors opened its newest store in Atlanta, GA, its 12th location in the metro area and 20th in the state. Georgia. The 50,200 square-foot store is located at 130 Perimeter Center West in the Perimeter Square Shopping Center.
Camping World Promotes Wintrow To Senior Vice President, Field Operations
Camping World Holdings, Inc. has promoted Brenda Wintrow to senior vice president, field operations.
Tyrolia Recruits New Director Global Sales And Marketing
Tyrolia, the Austrian ski-bindings manufacturer owned by Head GmbH, has hired Horst Tschida as director global sales and marketing, succeeding Robert Stanzl, who retired after 45 years with the company.
Les Mills Adds Two Executives
Les Mills has hired Amber Taylor as chief digital product officer and Luke Waldren as chief customer officer.
Clarus’ Top Shareholders To Increase Ownership Stakes
The Board of Directors for Clarus Corp. approved the respective requests of two of its largest shareholders, Brown Advisory Inc. and Greenhouse Funds LLP, to increase each of their respective beneficial ownership in Clarus to up to an aggregate of 12.5 percent of the company’s outstanding shares of common stock.
