Pure Fishing Acquires Svendsen Sport
Pure Fishing Inc., announced the acquisition of Svendsen Sport, a supplier of fishing tackle in Europe and owner of the Savage Gear, Prologic, MadCat, WaterWolf, and DAM brands.
HanesBrands’ Q4 Growth Led By Champion, Raises 2024 Full Potential Financial Targets
HanesBrands Inc. reported earnings rose 5.4 in the fourth quarter. Sales grew 4 percent and gained 9 percent on a constant currency basis excluding PPE and 53rd-week sales in 2020. Sales and EPS were in line with Wall Street targets. Global Champion brand sales increased 10 percent over the prior year and 25 percent over fourth- quarter 2019. HanesBrands raised its 2024 Full Potential financial targets.
Vista Outdoor Hikes Outlook Following Robust Third-Quarter Results
Vista Outdoor Inc. again raised its full-year guidance after reporting earnings surged 104 percent in the third quarter ended December 26 on a 38 percent revenue gain. Results topped Wall Street’s consensus targets. Sales vaulted 60 percent in the Sporting Products segment and gained 17 percent in the Outdoor Products segment.
The Buckle’s January Comps Grow 4 Percent
The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended January 29, 2022 increased 4.2 percent from comparable store net sales for the 4-week period ended January 30, 2021.
Foot Locker Appoints New Board Member
Foot Locker, Inc. announced that its Board of Directors has elected Virginia C. Drosos as a director of the Board. Drosos is currently chief executive officer of Signet Jewelers.
Ruffwear Names New President
Ruffwear announced that Will Blount, who has served as president of Ruffwear for 20 years, will step down and Brandan Hill, former head of product development will assume the role of in-coming president.
ABG Appoints SVP Entertainment And Special Projects
Authentic Brands Group (ABG) has announced Matthew Goldstein has joined the company as senior vice president, entertainment and special projects.
U.S. Ski & Snowboard Names New CMO
U.S. Ski & Snowboard announced the appointment of Guy Slattery as the organization’s new chief marketing officer. Slattery was CMO at Vice Media.
Withings Acquires 8fit
Withings announced the acquisition of 8fit, the health, fitness and wellness app.
Hyperice Appoints CFO
Hyperice announced that Sung Kim has been appointed chief financial officer (CFO). He was at The Honest Company.
Woom Bikes Appoints New Global CEO
Woom Bikes appointed Woom USA founder, Mathias Ihlenfeld, as the kids’ bike brand’s global CEO. The company’s founders, Marcus Ihlenfeld and Christian Bezdeka are stepping back from day-to-day operations but remain shareholders in the company.
Nike Veteran To Lead Harley-Davidson Apparel And Licensing
Harley-Davidson has appointed Erica Bullard, most recently Nike’s VP and general manager of Nike NYC and the East, as SVP Apparel & Licensing.
Canadian Tire Announces Chairman Succession
Canadian Tire Corp., Ltd. announced that Maureen Sabia will retire as chairman and from the Board of Directors following the company’s Annual Meeting of Shareholders on May 12, 2022. She will be succeeded as chairman by J. Michael Owens following his re-election as a director at that meeting.
Sportsman’s Warehouse Appoints CFO
Sportsman’s Warehouse Holdings, Inc announced the appointment of Jeff White as its chief financial officer. He has been with the company for six years.
Compass Diversified Invests In Packaging Firm
Altor Solutions, a subsidiary of Compass Diversified (CODI) and a manufacturer of custom protective packaging solutions and componentry, announced that it has acquired Foam Concepts, Inc. Financial terms of the transaction were not disclosed.
