SGB Update

Nobull To Become NFL’s Combine Apparel Supplier

The National Football League said Nobull will become the league’s official scouting Combine training partner and on-field supplier of apparel and headwear. The change comes a year after New Era replaced Under Armour as the sponsor.

Kidpik’s Sales Slide In Second Quarter

Kidpik Corp., the online clothing subscription-based e-commerce company, reported sales of $3.8 million in the second quarter ended July 2, a year-over-year decrease of 33.4 percent.

Signa Sports Sales Climb 29 Percent In Q3

Signa Sports United N.V. (SSU) reported sales in its third quarter ended June 30 grew 29 percent, boosted by the full contribution of recently acquired businesses WiggleCRC and Tennis Express. The Berlin-based online platform reduced its guidance for the year due to continued supply chain challenges and weaker consumer spending.

Macy’s Elects Board Member

Macy’s, Inc. elected Emilie Arel, president and chief executive officer of Casper Sleep, to its board of directors, effective August 15, 2022.

Academy Sports Opens First Store In Virginia

Academy Sports + Outdoors announced the opening of its first Richmond, VA. The 58,075-square-foot store is located at 11861 W. Broad Street in The Corner at Short Pump. 

Li Ning’s Sales Climb 22 Percent In First Half

Li Ning Company, Ltd. reported net income grew 11.6 percent in the half ended June 30 on a 21.7 percent revenue gain. The improvement came despite the “impact of repeated outbreaks of the COVID-19 pandemic and significant increase in raw material prices that led to certain challenges to the operating environment.”

On Lifts Guidance On North America Momentum

Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.

Cascade Designs Hires National Sales Manager

Cascade Designs, the parent company of MSR, Therm-a-Rest, Platypus, SealLine, and PackTowl, hired Jaime Buyagawan as national sales manager overseeing its U.S. Outdoor Specialty channel.

RV Retailer Announces Leadership Appointments

RV Retailer, LLC announced it hired Jennifer Robinson as vice president and chief financial officer, Mario Lozada as chief information officer and Shahnaz Broucek as chief leadership coach and culture development officer.

Ammo’s Q1 Sales Expand 37 Percent

Ammo Inc., the owner of GunBroker.com, continued to show strong momentum in both its ammunition and marketplace divisions in the first quarter of Fiscal 2023, as revenue increased 37 percent from the first quarter of Fiscal 2022.

Carhartt Hires Chief Brand Officer

Carhartt announced it hired Susan Hennike as chief brand officer reporting to Linda Hubbard, president and chief operating officer of Carhartt.