Hanesbrands Discloses Ransomware Attack
Hanesbrands, the parent of Champion, has disclosed a ransomware attack. The company identified the incident on May 24 and activated its business continuity plans accordingly.
Five V Capital Becomes Majority Owner Of Sea To Summit
Sea to Summit Pty, Ltd., the adventure equipment brand headquartered in Perth, Western Australia, announced that Australia-based investment firm, Five V Capital, signed an agreement to become the majority shareholder in the company.
Sportsman’s Warehouse Fiscal Q1 Profits Contract as Comps Shrink 11.6 Percent
Sportsman’s Warehouse Holdings, Inc. reported that fiscal first-quarter net sales were $309.5 million for the 13-week period ended April 30, 2022, a decrease of 5.3 percent compared to the $327.0 million year-ago period. Adjusted diluted earnings per share were 5 cents compared to adjusted diluted earnings per share of 28 cents for the comparable 2021 quarter.
Asics Offers Meal Delivery Service To U.S. Running Community
Asics is offering a prepared meal delivery service in the U.S. with Freshly to help runners optimize performance and recovery.
Moulton Bicycles Appoints COO
Moulton Bicycles appointed Mat Hubbard as chief operating officer.
Wilson Opens Second Store In New York City
Wilson Sporting Goods opened its second retail store in New York City. The store is located on the Upper East Side of Manhattan.
Rally House Adds Location In Texas
Rally House opened a location in Mansfield, TX.
Camping World To Expand In Eleven Markets By End Of 2022
Camping World Holdings, Inc. announced plans for the continued expansion of its RV sales and service network through the completion of eleven new dealership locations in seven states by the end of 2022. This comes following the company’s acquisition of Richardson’s RV Centers in California announced last week.
Foot Locker’s EVP, Chief Strategy And Corporate Development Officer To Exit
Foot Locker, Inc. reported in a regulatory filing that W. Scott Martin, formerly EVP, chief strategy and corporate development officer, has left the role on May 24 and will depart from the company on June 23.
Sportsman’s Warehouse Appoints Chief Merchant
Sportsman’s Warehouse Holdings, Inc. announced it has hired Sherry Jane Love as senior vice president of merchandising. Love will be responsible for the company’s omni-channel merchandising business and private brand development.
Allbirds Expands Wholesale Distribution To Nordstrom
Nordstrom said it will start selling Allbirds in 14 select stores. In early May, Allbirds announced its first two retail partners— Public Lands, a banner of Dick’s Sporting Goods, in the U.S., and Zalando in Europe.
Zwift Pauses Smart Bike Plans Amid Layoffs
Indoor training platform Zwift has paused plans for the production of a smart bike, with a reported lay-off of over 150 employees.
The Athlete’s Foot Owner Acquires Shoe City
Arklyz, the parent of The Athlete’s Foot (TAF), announced its acquisition of Shoe City, the Baltimore-based sneaker and streetwear lifestyle retail chain along with an online platform, ycmc.com.
Skechers To Become Pickleball Sponsor
Intersport and the Association of Pickleball Professionals (APP) Tour, USA Pickleball and Major League Pickleball (MLP) have entered into multi-year agreements that makes Skechers the Official Footwear Company of each pickleball organization.
Hibbett Reiterates FY Guidance After Challenging First Quarter
Hibbett Inc., as expected, reported first-quarter results well below year-ago levels that were also just short of Wall Street’s consensus targets. Hibbett said results were in line with internal plans while reiterating full-year guidance. Comps were down 18.9 percent year over year but ahead 22.9 percent against the pre-pandemic first quarter of 2019.
