Authentic Brands Group Partners With Macy’s For Reebok Apparel
Authentic Brands Group announced a partnership with Macy’s for Reebok sportswear and activewear for men’s, women’s and kids apparel.
Outerstuff’s Debt Ratings Outlook Lowered
Moody’s Investors Service changed Outerstuff LLC’s outlook to negative from positive. Concurrently, Moody’s affirmed the company’s Caa2 corporate family rating (CFR), Caa2-PD probability of default rating (PDR) and Caa3 senior secured term loan rating.
NICS Firearms Background Checks Slide In April
The April 2022 NSSF-adjusted National Instant Criminal Background Check System (NICS) slipped 19.7 percent to 1.36 million compared to the April 2021 NSSF-adjusted NICS figure of 1.69 million.
TeamSnap Announces Two Appoints
TeamSnap announced that Mark Salloom has joined the company as chief financial officer. The company also announced the promotion of Sheila Repeta to vice president of people.
Helen Of Troy Adds Two Board Members
Helen of Troy, Ltd. announced the appointment of Tabata Gomez and Elena Otero to its Board of Directors, effective May 3, 2022.
Camping World’s Q1 Sales Climb 7 Percent
Camping World Holdings, Inc. reported earnings were down in the first quarter ended March 31 but represented the second strongest first-quarter earnings in the company’s history. Sales grew 6.7 percent.
Delta Apparel’s Sales Expand 21 Percent In Fiscal Second Quarter
Delta Apparel, Inc. reported profits grew over 130 percent in the fiscal 2022 second quarter ended April 2. Sales grew 21 percent.
Rocky Brands Sees Sales Nearly Double In First Quarter
Profits at Rocky Brands, Inc. grew 63.4 percent for its first quarter ended March 3 on a 90.5 percent revenue gain. The sales gains were boosted by the acquisition of Muck Boot, Xtratuf, Servus, Neos, and Ranger brands.
Weyco Racks Up Record Sales In First Quarter
Weyco Group Inc. reported consolidated net sales in the first quarter ended March 31 were a first-quarter record of $81.4 million for the period compared to $46.9 million in 2021.
Big 5’s Q1 Profits Top Guidance
Big 5 Sporting Goods Corp. reported same-store sales were down 11.4 percent for the first quarter ended April 3 and flat compared to the pre-pandemic first quarter of fiscal 2019. Earnings were also down against year-ago record results but exceeded guidance.
NRF Economist Sees Consumer Strength Despite Inflationary Pressure
The economy’s fast-paced growth could slow somewhat as the Federal Reserve tries to bring inflation under control in the next few months, but consumers are likely to keep shopping as lower inflation eases uncertainty, according to the National Retail Federation’s (NRF) Chief Economist Jack Kleinhenz.
Patagonia, The North Face, Levi Strauss Top Circular Fashion Index
Patagonia, The North Face and Levi’s are the brands most committed to fashion circularity, according to management consulting firm Kearney’s 2022 The Circular Fashion Index.
AAFA Appoints Events And Programming VP
American Apparel & Footwear Association (AAFA) appointed Corinne Suder to lead the organization’s Events and Programming Department as vice president, effective June 13.
Jordan Brand Appoints Chief Marketing Officer
Jordan Brand appointed Shannon Watkins, former chief brand and marketing officer at Aflac, as chief marketing officer.
Torrid Holdings Shifts Leadership Team Roles
Torrid Holdings Inc. appointed Liz Muñoz to a new role as chief creative officer, Lisa Harper as Muñoz’s successor as chief executive officer, and Tanner MacDiarmid as interim chief financial officer.
