Beachbody’s Chief People Officer Joins Bionano Genomics
Bionano Genomics, Inc. appointed Helene Klein, formerly chief people officer at the Beachbody Company, to the same role.
F45 Acquires Equipment Packs To Support Expansion
F45 Training Holdings, Inc. announced that the fitness franchisor has increased its purchase of equipment packs to support expected global franchisee demand. As a result, the company will have approximately 1,200 equipment world packs ready for delivery in 2022, including world packs received year-to-date.
Bikeco Opens New Headquarters And Larger Distribution Center
BikeCo LLC, distributor of Fuji, SE, Breezer, Kestrel and Tuesday, announced the opening of its new headquarters in Philadelphia and a new, larger distribution center in South Jersey.
URBN Appoints New CEO Of Urban Outfitters Chain And Free People Group
Urban Outfitters, Inc. appointed Francis Pierrel as global chief executive officer of Urban Outfitters and the Free People Group. The company also reported fourth-quarter sales grew 14 percent.
Dorel Sports President Steps Down
Pon Holdings, which acquired Dorel Sports in January, said Peter Woods, president and CEO of the cycling business, its stepped down.
Canada Goose Announces Share Repurchase Program
Canada Goose Holdings, Inc. announced that the Ontario Securities Commission granted the company exemptive relief to allow the purchase of up to 10 percent of its public float of subordinate voting shares through the New York Stock Exchange and other U.S.-based trading systems.
Kokopelli Expands Offices, Hires GM
Kokopelli has opened a 5,100-square-foot office space and announced the hire of Jeff Popp to general manager.
Topgolf To Open Location In Glasgow
Topgolf Entertainment Group confirmed it is targeting a late 2022 opening for its new venue in Glasgow, its first location in Scotland.
The Athlete’s Foot Reports Record Sales For 2021
Following the acquisition by the Arklyz Group, The Athlete’s Foot (TAF), reported record sales of $503 million with 24 percent retail sales growth in 2021.
RYU Apparel To Close Two Stores In Shift To Digital
RYU Apparel, Inc. announced that it would shift focus to its digital e-commerce business and close its Williamsburg and Toronto store locations.
Under Armour’s Q4 Tops Guidance, Warns Of Supply Chain Challenges
Under Armour Inc. reported fourth-quarter earnings and sales exceeded Wall Street targets. Sales guidance was also raised for the current quarter but margins are expected to be impacted by lingering supply chain constraints.
The North Face Leases Office, Showroom Space In Seattle
The North Face has signed a lease for 6,414 square feet of office and showroom space at the newly-constructed Fremont Crossing Building project in Seattle, WA according to Pastakia + Associates, a Seattle-based development firm.
Callaway Golf’s Q4 Tops Expectations On Topgolf Recovery
Callaway Golf Company reported a loss in the fourth quarter ended December 31 but results exceeded Wall Street’s targets due to a continuing recovery at Topgolf and ongoing momentum at its apparel and golf equipment businesses. Sales surged 89.9 percent in the period. Callaway predicted sales would expand 21 percent in 2022.
Kohl’s Responds To Director Nominations From Macellum Advisors
Kohl’s Corp. responded to the nomination of ten directors for election to the retailers’ Board of Directors by Activist investor group Macellum Advisors by noting that its Board now includes three independent directors that joined as part of a settlement with Macellum and other shareholders in April 2021.
Adidas Extends Appointments Of Two Board Members
The Supervisory Board of Adidas AG extended the appointment of Executive Board member Roland Auschel, responsible for global sales, by two years beyond 2022 until the end of 2024, and Executive Board member Brian Grevy, responsible for global brands, by five years
