Forloh Appoints Vice President Marketing And E-Commerce
Forloh, the technical outdoor brand, announced the appointment of Nick Skally to VP, marketing and e-commerce.
Academy Sports Announces Inaugural Quarterly Cash Dividend
Academy Sports and Outdoors Inc. announced that its Board of Directors approved the initiation of a quarterly cash dividend.
Reebok Appoints VP Europe
Reebok promoted Laurent Fricker to vice president for Europe, according to Fashion Network.
Golftec Opens Location Outside Of Boston
Golftec opened an instruction and club fitting center in Burlington, MA.
Nike To Temporarily Close Stores In Russia
Nike, Inc. said it would temporarily close all its owned stores in Russia. The brand joins a number of other Western brands that have suspended their businesses in the country following Moscow’s invasion of Ukraine.
Athleta Q4 Sales Gain 52 Percent On Two-Year Basis
Gap, Inc. reported fourth-quarter net sales at Athleta jumped 52 percent versus 2019 with comparable sales up 42 percent versus the fourth quarter of 2019.
Smith & Wesson’s Q3 Revenues Drop 31 Percent
Smith & Wesson Brands, Inc. reported sales were down 31 percent year-over-year in the third quarter ended January 31 but surged more than 118 percent on a two-year basis. Both sales and earnings trailed analyst estimates.
OC Sports Appoints National Sales Manager
OC Sports announced it promoted Nate Currier to national sales manager. Currier has over five years of experience at Outdoor Cap, previously in the Farm and Western Division.
Adidas Appoints Chief Creative Officer
Adidas announced the appointment of Alasdhair Willis to chief creative officer responsible for the global creative direction for its brands and its three labels—Performance, Originals and Sportswear.
PrimaLoft Appoints Senior Vice President, Technology And Development
PrimaLoft, Inc. named Manish Jain as its new senior vice president, technology and development.
Snipes Acquires Expressions
Snipes continues its expansion in the U.S. by acquiring New England-based sneaker retailer Expressions. The acquisition comes on the heels of its recent acquisition of Jimmy Jazz.
Anta To Open Fila-Branded Hotel In Shanghai
Anta announced a partnership with Hyatt Hotels to open a lifestyle hotel concept, Fila House Shanghai, in 2024.
Under Armour Must Submit Documents Related To SEC, DOJ Investigations To UCLA
Under Armour, Inc. must submit documents related to the federal government’s investigation into its accounting practices which led to a $9 million fine last year, a Los Angeles judge overseeing the litigation over its canceled UCLA contract has ruled, according to the Baltimore Business Journal.
Peloton Ex-CEO Sells $50 Million In Stock To Michael Dell’s Investment Firm
According to a securities filing, Peloton co-founder and ex-CEO John Foley has sold about $50 million in stock to an investment firm backed by Michael Dell, MSD Partners.
RYU Apparel Hires DJM Sales Consulting
Vancouver-based RYU Apparel Inc. announced the hiring of DJM Sales Consulting, to lead global sales and oversee the company’s wholesale strategy.
