Under Armour Hikes Outlook On Q3 Earnings Beat
Under Armour Inc. strongly raised its guidance for the full year after reporting third-quarter earnings that were double Wall Street’s consensus targets. Revenues climbed 8 percent in the third quarter.
Nike Board Member To Retire At End Of Year
Nike Inc. said in a regulatory filing that John Connors on October 27 notified the company of his decision to retire as a director of the company effective December 31, 2021. Connors’s decision to retire is not because of a disagreement with the company or the Board of Directors
Olin Announces $1 Billion Share Repurchase Program
Olin Corp., the parent of Winchester, announced that its Board of Directors approved a new $1.0 billion share repurchase program.
Beachbody Appoints Head Of Partnerships And International Development
The Beachbody Company Inc. announced that Jean-Michel Fournier assumed the newly created role of president, global partnerships and corporate development, effective November 1, 2021.
Callaway Golf Company Announces Strategic Investment In Five Iron Golf
Callaway Golf Company announced that it had completed a $30 million minority investment in Five Iron Golf, a privately-owned, urban indoor golf and entertainment company offering simulator rentals, golf lessons, custom club fittings, social events and for and beverage.
Scheels Expanding To Idaho
Scheels announced plans to open its first All Sports Store to Idaho. The store is scheduled to open in Spring 2024 in Meridian, West of Boise. The 240,000 retail store is planned to anchor the Ten Mile Crossing development.
Foot Locker Completes Acquisition Of Atmos
Foot Locker Inc. completed the acquisition of Atmos, a digitally-led retailer headquartered in Japan, for $360 million.
BikeExchange Appoints Chief Customer Officer
BikeExchange Limited announced the appointment of Rebecca Boxall as its newly created position of chief customer officer, finalizing the recruitment of its executive team following an IPO in February this year.
Unifi Appoints Board Member
Unifi Inc. announced the election of Rhonda Ramlo to its Board of Directors, effective October 27, 2021.
Galaxy Universal To Acquire And1, Avia, Gaiam, And SPRI
Galaxy Universal, LLC. has agreed to acquire the And1, Avia, Gaiam, and SPRI brands as part of the bankruptcy proceedings of Sequential Brands Group, Inc. for approximately $330 million.
Katadyn North America Appoints President; Announces Sales Promotion
Katadyn North America announced it had promoted Chris Voxland to company president the promotion of John Wright to vice president, Sales.
Canada Goose Opens First California Store
Canada Goose opened its first retail location in California at South Coast Plaza.
Allbirds Opens In Paramus
Allbirds opened a new retail store and community center at the Garden State Plaza in Paramus, NJ. The 3,140 square foot space is the brand’s first store in New Jersey and 35th globally.
Dorel Announces Judgment Of Luxembourg Administrative Court
Dorel Industries Inc. announced that the Luxembourg Administrative Court has confirmed on appeal the previously-announced decision of the Luxembourg Administrative Tribunal to the effect that one of Dorel’s wholly-owned subsidiaries owes €54.6 million (euros) in tax (US$64.2 million) including interest.
Emerald Holding Shrinks Q3 Loss
Emerald Holding, Inc. reported reduced losses in the third quarter ended September 30 as it was able to hold 32 in-person trade shows, conferences and other events in the period.
