Escalade Sees Sales Jump 22 Percent In First Quarter
Escalade, Inc. reported earnings in the first quarter rose 24.1 percent on a 22.3 percent revenue gain. First-quarter 2022 results benefited from organic sales growth across the basketball, archery, pickleball, and indoor game categories, together with contributions from the company’s acquisition of Brunswick Billiards.
Activist Investor Blackwells Capital Renews Push for Peloton Sale
Activist investor Blackwells Capital has renewed its calls for Peloton to put itself up for sale, charging the connected fitness brand continues to flounder under new CEO Barry McCarthy.
Bollé Brands Appoints VP Finance And Operations North America
Bollé Brands has hired Peter Moore as senior VP of finance and operations for North America. In his new role, Moore will support the ongoing expansion of Bollé Brands across the Americas.
Amazon To Surcharge U.S. Merchants For Fulfillment Services
Amazon sellers in the United States who use the company’s packaging and delivery fulfillment service will see a 5 percent surcharge on shipping due to rising fuel prices and growing inflation.
Play It Again Sports Parent Profits Improve In First Quarter
Winmark Corporation announced net income for the quarter ended March 26, 2022 of $9.85 million, or $2.65 per share. compared to net income of $9.3 million, or $2.40, in 2021.
Ebay Names Chief Product Officer
Ebay, Inc. announced the appointment of Eddie Garcia as chief product officer, effective April 18.
PVH Sets Plan To Reach $12.5 Billion By 2025
PVH Corp., the parent of Calvin Klein and Tommy Hilfiger, at its 2022 Investor Day unveiled a strategic plan on Wednesday to reach $12.5 billion in annual sales by 2025, up from sales of $9.155 billion in 2021.
TALO Announces New Executive Director
The Board of Directors of TALO Distributors, Inc. announced it hired Kane Cannedy as executive director of TALO. Cannedy was, most recently, vice president of purchasing at Davidson’s.
RunSignup Sees Reduction In Endurance Events
RunSignup, the registration provider for U.S. endurance events, produced its Q1 market assessment and business update. Overall, the data showed that the industry had fewer planned events, and participants were trending toward delayed registrations.
Pedego E-Bikes Hires Chief Marketing Officer
Pedego Electric Bikes, with over 200 stores worldwide, appointed Kevin Mayer as chief marketing officer of Pedego.
Thule Opens Second North American Brand Store
Thule officially opened its first Canadian brand store in West Vancouver, BC. Thule Store Vancouver is the second North American brand store opened by Thule in the last six months, with Thule Store Denver opening in June 2021.
New Balance Opens Doors To The Track At New Balance
New Balance has opened The Track at New Balance, a multi-sport facility where Team New Balance, professional and community athletes will train and compete year-round.
Norma Precision Ammo Relocates To Georgia
Governor Brian P. Kemp announced that Norma Precision Ammunition, a subsidiary of the leading European ammunition manufacturer RUAG Ammotec, has established its U.S. headquarters, manufacturing site, and warehousing and distribution operations in Chatham County.
Puma Appoints GM Of Puma South Korea
Puma has appointed Lee Na-Young as general manager of Puma South Korea.
Hibbett Expands, Amends Credit Line
According to a regulatory filing, Hibbett, Inc. modified its unsecured credit agreement with Regions Bank that expires July 9, 2026, to expand the limit to $125 million from $100 million. All covenants remain unchanged.
