Daiwa Appoints National Sales Manager
Daiwa Corporation announced it promoted National Accounts Manager Gerad Cawhorn to national sales manager.
Elevate Outdoor Collective Hires Global Vice President Design/Creative Director
Elevate Outdoor Collective announced it had hired Peter Stolz as global vice president design/creative director.
Kinco Appoints Chief Revenue Officer
Kinco, a Pacific Northwest-based manufacturer of outdoor and workwear gloves announced it has hired David Orr as chief revenue officer.
TCX To Distribute Through Dainese North America
Dainese Group, the maker of protective wear, announced the consolidation of the TCX brand under the Dainese Group for distribution in North America.
Planet Fitness’ Sales Bounce Back In Fourth Quarter
Planet Fitness Inc. reported sales grew 37 percent in the fourth quarter ended December 31 and predicted sales would climb in the mid-50 percent range in 2022. For 2021, sales were up 44 percent.
Emerald Holding Shrinks Loss In Fourth Quarter And Year
Emerald Holding, Inc. reported a smaller loss in the fourth quarter and saw sales more than double as the company benefited from the return of trade show events.
Brooks Promotes Dan Sheridan To President
Following a record-breaking 2021 when Brooks Running exceeded $1 billion in annual revenue for the first time, the company announced that Dan Sheridan would assume a new president and chief operating officer role, partnering with CEO Jim Weber, to support continued growth for the brand.
ABG Partners With New Guards Group For Reebok Europe
Authentic Brands Group announced it has formed a long-term strategic partnership with New Guards Group, owned by Farfetch, for Reebok’s European businesses, luxury collaborations and premium distribution.
Superfeet Hires New CFO; Announces VP Level Promotions
Superfeet announced it hired a new chief financial officer, Cambria Schmidt, to support the company’s domestic and international growth.
Under Armour Announces $500 Million Stock Buyback Program
Under Armour Inc. announced that its Board of Directors has authorized the repurchase of up to $500 million of Under Armour’s outstanding Class C common stock, effective immediately.
Sturm, Ruger Shows Slight Decline In Q4 Sales
Sturm, Ruger & Company, Inc. reported sales eased 0.8 percent in the fourth quarter while gaining 28.4 percent in the year.
Gildan Activewear’s Q4 Revenues Climb 14 Percent
Gildan Activewear Inc. reported sales grew 14 percent in the fourth quarter and 46 percent in the fiscal year ended January 2. Adjusted EPS also improved significantly in both periods and the basics and activewear provided a three-year financial outlook.
Play It Again Sports Parent’s Profits Improve In Year
Winmark Corp., the parent of Play It Again Sports, announced net income for the year ended December 25, 2021 of $39.9 million, or $10.48 per share, compared to net income of $29.8 million, or $7.72, in 2020.
Sportsman’s Warehouse Appoints VP Supply Chain/Omnichannel Operations
Sportsman’s Warehouse Holdings, Inc. announced the appointment of Tom Clement as vice president, supply chain/omnichannel operations. In this newly created role, Clement will lead the distribution, transportation, planning/allocation, and omnichannel operations for Sportsman’s Warehouse.
Allbirds’ Q4 Revenues Climb 23 Percent
Allbirds, Inc. reported a slightly wider net loss in the fourth quarter but adjusted EBITDA showed improvement as gross margins expanded 45 basis points and revenue increased 23 percent. The sustainable footwear brand forecasted growth of 28 percent to 32 percent in the current year.
