NICS Firearms Background Checks Expand 8 Percent In June
The June 2022 NSSF-adjusted National Instant Criminal Background Check System (NICS) grew 8.1 percent to 1.38 million compared to the June 2021 NSSF-adjusted NICS figure of 1.28 million.
Thor Industries Announces Strategic Investment In Dragonfly Energy
Thor Industries announced that it had invested strategically in Dragonfly Energy, a deep cycle lithium-ion battery producer for the RV industry.
Delta Apparel Expects Q3 Sales Growth Of Approximately 6 Percent
Delta Apparel, Inc. said it expects net sales for its 2022 fiscal third quarter ended July 2 to be approximately $126 million, a 6 percent increase compared to the prior-year third-quarter net sales of $118.7 million and mid-single-digit growth when compared to the pre-pandemic fiscal 2019 third-quarter net sales.
Peloton To Exit Manufacturing Operations
Peloton Interactive said on Tuesday that it would cease in-house production of its bikes and treadmills and move manufacturing to partners to simplify its operations and reduce costs. The New York-based company will expand its relationship with Taiwanese manufacturer Rexon Industrial Corp., which will become the primary hardware manufacturer for its bike and tread product lines.
Outdoor Cap Hires Head Of Technology
Outdoor Cap, the headwear manufacturer, has hired Jermaine Oldham as head of technology for its Retail, Team Sports and Promotional Products businesses.
Designer Brands To License Le Tigre Footwear
Designer Brands, Inc., the parent of DSW, announced an investment in and licensing agreement with Le Tigre, the American athletic apparel brand famous in the 1980s. Designer Brands will design and produce Le Tigre footwear to be sold primarily through DSW and The Shoe Company.
Puma Files Trademark Infringement Suit Against Brooks
Puma SE has sued Brooks Sports in Indianapolis federal court, charging that Brooks alleged advertising for sneakers with nitrogen-infused soles violates Puma’s “Nitro” trademark rights, according to Reuters.
South Korean Fashion Group F&F Acquires Sergio Tacchini
South Korean clothing company F&F has acquired Italian tennis brand Sergio Tacchini for U.S. $63 million.
Gap CEO To Step Down
Gap Inc. announced that president and chief executive officer Sonia Syngal will step down from her position and from the company’s Board, departing the company following a brief transition. The company also announced that Horacio “Haio” Barbeito, formerly at Walmart, will join the Gap Inc. as president and chief executive officer of Old Navy.
USA Pickleball Appoints Chief Marketing Officer
USA Pickleball, the national governing body for pickleball in the United States, announced that Chuck Menke was named chief marketing officer. Menke formerly led marketing for Sparking Life and USA Triathlon.
Vail Resorts CFO To Step Down
Vail Resorts, Inc. announced that executive vice president and CFO, Michael Barkin is stepping down after nearly a decade in the role for personal reasons.
Callaway Golf Names Foresight Sports Partner For Launching Monitor Technology
Foresight Sports, part of Vista Outdoor, has become the official launch monitor partner of Callaway Golf and Topgolf Entertainment Group.
Evo Announces New Campus Location In Tahoe
Evo unveiled plans to build a new campus location in Tahoe City, CA. The site is expected to open in 2023.
Bajío SunglassesSunglasses Expands Reach Into European Markets
Bajío Sunglasses, the maker of blue-light filtering, sustainably-made, performance sunglasses, has partnered with Fly Fish Europe, a fly fishing distributor in Europe, to expand to a broader consumer base.
Coats Acquires Texon International For $237 Million
Coats Group plc has acquired Texon, the manufacturer of structural components and materials for the footwear, accessories and apparel industries.
