Otis Technology Announces New CEO Appointment
Otis Technology, based in Lyons Falls, NY, announced that Bill Kleftis will take the helm as CEO overseeing Otis Technology, Shooter’s Choice and DRD Tactical, effective April 4, 2022.
Winnebago Delivers 39 Percent Growth In Second Quarter
Winnebago Industries, Inc. reported strong earnings gains in the second quarter ended February 26 as sales grew 39 percent, including organic growth of 29 percent.
Kathmandu Parent Sees Slight Sales Decline In First Half
KMD Brands, formerly Kathmandu Holdings Limited, reported sales dipped 0.8 percent in the six months ended January 31. The second quarter showed a positive rebound following Q1 COVID lockdown impacts on Kathmandu and Rip Curl in Australasia. Oboz’s sales were impacted by COVID closure of Vietnam factories.
Anta Sports’ Sales Grew 39 Percent In 2021
Anta Sports reported sales for the year ended December 31 vaulted 38.9 percent to RMB49.32 billion ($7.74 bn). Sales for Amer Sports were up 18.1 percent.
Dexter Acquires HiSpec Wheel And Tire
DexKo Global, Inc. announced that its wholly-owned subsidiary, Dexter Axle Company, acquired HiSpec Wheel & Tire, Inc., located in Mishawaka, IN.
SureWerx Acquires Footwear Specialties International
SureWerx, a manufacturer of safety, tool and equipment products, announced that it has acquired Footwear Specialties International (FSI), a maker of safety footwear based in Portland, OR. Terms of the acquisition were not disclosed.
Sacks Parente Golf To Open Shaft Manufacturing Facility In Missouri
Sacks Parente Golf, a specialist in putters based in Camarillo, CA, announced plans to open a golf shaft manufacturing and design facility in St. Joseph, MO.
Tennis Sees Significant Growth In 2021 Participation And Equipment Sales
The USTA announced that tennis showed significant growth in participation and equipment sales in 2021, marking the second year for the trend.
Rumpl Strengthens Leadership Team With New Hires
Blanket brand Rumpl has hired David Visnack as vice president, product and marketing, and Ellyn Craven as vice president of finance.
Fila Group’s Sales Expand 8 Percent In Fourth Quarter
Korea-based Fila Group reported sales grew 7.9 percent in the fourth quarter and 21.3 percent in the full year. At Fila USA, sales were down 8.7 percent in the fourth quarter but grew 11.5 percent for 2021.
Macy’s Expands Backstage Store-Within-Store Concept
Macy’s announced plans to expand its store-within-store Backstage locations across the U.S. beginning April 9 through June 2022 with 37 new locations nationwide.
Canada Goose Accelerates Expansion Of Japanese Market
Canada Goose Holdings Inc. and longstanding partner Sazaby League Ltd. have entered into an agreement to create the joint venture Canada Goose Japan, with plans to accelerate DTC expansion, including retail stores.
Nike’s Q3 Tops Wall Street’s Targets On Digital Momentum
Nike, Inc. reported earnings topped Wall Street’s targets by 15 cents in the fiscal third quarter ended February 28 with sales also slightly ahead of estimates. Sales grew 8 percent on a currency-neutral basis, led by a 17 percent gain in DTC and a 22 percent gain in digital. Double-digit digital growth in North America, APLA and EMEA offset declines in Greater China.
BSN Sports Partners With Generation ESports
BSN Sports, a division of Varsity Brands, has partnered with Generation Esports as the uniform and apparel partner of its High School Esports League.
Nosler Retains Canadian Distribution
Nosler, Inc. the manufacturer of bullets, ammunition, cartridge cases, firearms, and suppressors, announced that it has hired Northern Exposure Sporting Group to provide sales representation and merchandising support in Canada.
