Competitive Cyclist Partners With L39ION Of Los Angeles
Competitive Cyclist, an online retailer of cycling gear and apparel, and L39ION of Los Angeles, a professional cycling team, announced it had formed a multi-year partnership.
Dick’s SG Announces Opening Of Second Public Lands And Golf Galaxy Performance Center Locations
Dick’s Sporting Goods said it will expand the footprint of its Public Lands outdoor concept with the grand opening of its second Public Lands store in Columbus, OH on November 5. Dick’s will also open its second Golf Galaxy Performance Center, a redesigned concept featuring an “elevated experience for golfers,” in Woodbury, MN.
Report: Rothy’s Seeks $1 Billion Valuation In Funding Round
Rothy’s Inc. is in discussions to raise funding that could value the eco-friendly footwear company at more than $1 billion, according to Bloomberg.
Report: Skechers Considering IPO For Asia Segment
Skechers is reportedly considering spinning off its Asia business into a public company, according to Bloomberg.
Accell Group Appoints Chief Supply Chain Officer
Accell Group N.V. appointed Francesca Gamboni as chief supply chain officer and member of its Board of Management.
Victorinox North America Appoints Director Of Watches
Victorinox North America has named Barbara Jackson to director of watches, Victorinox Swiss Army Inc. She previously held senior sales and marketing roles at John Hardy and Tag Heuer watch and jewelry.
Puma Signs High School Basketball Star
Puma signed 17-year-old prep phenom Mikey Williams to an endorsement deal, making him the first American high school basketball player to sign a sneaker deal with a global footwear company.
Newell Brands Sees Modest Q3 Growth In Outdoor & Recreation Segment
Newell Brands said its Outdoor & Recreation segment generated net sales of $391 million in the third quarter compared with $383 million in the prior-year period, primarily reflecting core sales growth of 1.7 percent and the impact of favorable foreign exchange. Net sales exceeded the 2019 level.
Solo Brands Sees Strong IPO Debut
Solo Brands Inc., the parent of Solo Stove, Chubbies, Oru Kayak, and Isle paddleboard brands, raised $219.4 million in its initial public offering and saw a strong debut on its first day of trading.
Fanatics And IOC Partner On Global Online Store
Fanatics and the International Olympic Committee (IOC) announced a new partnership to launch its first global e-commerce platform and Olympic store to support the upcoming Paris Games in 2024, Milano Cortina Games in 2026 and LA Games in 2028.
Certor Sports Appoints CEO, Prepares For New Headquarters
Certor Sports appointed Jim Heidenreich as CEO. The parent of Adams USA, Hollywood Bases, ProGear, Schutt Sports, Tucci, and VICIS, also announced plans to move its global headquarters to Plainfield, IN.
Adidas Renews NBA Marketing Partnership
Adidas announced that it would remain a global marketing partner of the NBA, the WNBA and the NBA G League.
Compass Diversified Delivers Significant Q3 Earnings Gain
Compass Diversified (CODI) reported significant improvement in earnings in the third quarter due to a gain on its sale of Liberty Safe. Earnings, excluding the gain, grew about a third due to the 2020 acquisition of BOA and a strong performance by its branded consumer companies.
Deckers Brands Sees 16 Percent Q2 Growth On Hoka Momentum
Deckers Brands reported sales increased 15.8 percent in its fiscal second quarter ended September 30, led by a 47.0 percent gain for Hoka One One. Ugg’s sales grew 8.0 percent. The company maintained its guidance for the year.
Skechers Slightly Lowers 2021 Outlook On Q3 Miss
Profits at Skechers USA surged 61.0 percent in the third quarter ended September 30 on a 19.2 percent revenue gain, but both sales and earnings came were below guidance. The footwear giant slightly lowered its EPS and sales targets for the full year.
