Reebok Signs Licensing Partner For Middle East And Africa
Authentic Brand Group (ABG) announced that Al Boom Marine (ABM), a company under the portfolio of Scope Investment, will become the operating partner for Reebok in the GCC, the Middle East, including Iraq and Lebanon, and North Africa, which includes Algeria, Egypt and Morocco.
Canyon Bicycle Appoints CEO
Canyon Bicycle appointed former Nike executive Nicolas De Ros Wallace as its new CEO.
Outdoor Cap Promotes Harris As President
Outdoor Cap announced that it had promoted its chief sales officer, Jeanelle Harris, to president of the company immediately. Harris succeeds Jim Haworth, who announced his upcoming departure to serve as Executive Chairman to NOW Diagnostics, a health testing company.
VF’s Q3 Earnings Tops Wall Street’s Targets, Sales Jump 22 Percent
VF Corp. reported earnings on an adjusted basis rose 45 percent in the third quarter ended December 31 and topped Wall Street’s estimates. Sales grew 22 percent led by 28 percent growth at The North Face. Sales grew 8 percent at Vans, 11 percent at Timberland, and 4 percent at Dickies. VF reaffirmed its EPS outlook for the fiscal year while slightly lowering its sales outlook due to lowered growth expectations at Vans.
Boot Barn Q3 Sales Surge 71 Percent
Boot Barn Holdings, Inc. reported earnings more than doubled in the third quarter ended December 25 on a 71 percent revenue gain when compared to the 2019 third quarter.
Lululemon Adds Board Member
Lululemon Athletica, Inc. announced that Alison Loehnis, president of luxury and fashion at Yoox Net-a-Porter, has been appointed to serve on its Board of Directors.
Winchester Q4 Sales Expand 15 Percent
Olin Corporation reported Winchester’s sales grew 14.7 percent in the fourth quarter to $390.6 million compared to $340.6 million in the fourth quarter of 2020. Olin said the increase in sales was primarily due to higher commercial ammunition pricing.
Emerald Releases First B2B Events Research Report
Emerald Holding released its first annual research report reflecting the changing expectations influencing and shaping the future of the B2b events industry.
Decathlon To Close Its Last Two U.S. Stores
French sporting goods retailer Decathlon plans to close its last two stores in the U.S.(San Francisco and the East Bay), effective March 15.
Association Of Golf Merchandisers Announces 2022 Platinum Awards Recipients
The Association of Golf Merchandisers (AGM) announced the recipients of the 2022 AGM Platinum Awards that recognizes 100 premier golf shops, including public, private, resort, and off-course golf shops worldwide.
Dr. Martens Sales Q3 Climb 11 Percent
Dr. Martens plc reported sales in the third quarter ended December 31 rose 11 percent year-over-year and 21 percent compared to 2019.
Nester Hosiery Announces Key Promotions
Nester Hosiery promoted Chris Nitzsche to general manager of licenses and Matt Brucker to general manager of brands, including Farm to Feet. Anna Draughn was promoted to director of merchandising.
U.S. Golf Rounds Played Bounce Back In December
According to Golf Datatech, U.S. rounds of golf returned to year-over-year growth in December, up 1.9 percent. For the full year, rounds played were up 5.5 percent.
NPD Announces U.S. Outdoor Sports Retail Performance Awards
The NPD Group announced the winners of its second annual Outdoor Sports Retail Performance Awards. According to NPD Retail Tracking Service data*, the awards acknowledge the fastest-growing brands in the U.S. outdoor and snow specialty retail markets based on in-store and e-commerce sales revenue.
NSSF Retailer Surveys Find 5.4 Million First-Time Gun Buyers In 2021
The National Shooting Sports Foundation (NSSF) found that at least 5.4 million people purchased a firearm for the first time in 2021. Nearly 30 percent of all firearm purchases in 2021 were sold to new gun owners, based on NSSF retailer surveys and adjusted National Instant Criminal Background Check System (NICS) background checks.
