CNBC/NRF Retail Monitor Sees Biggest YoY Retail Sales Jump Since Fall 2023
Retail sales showed moderate growth in June and posted the biggest year-over-over year increase in nearly a year amid a still-solid economy and near-zero inflation for retail goods.
SilencerCo Set to Acquire Zev Technologies
SilencerCo said it will be hyper-focused on furthering Zev’s brand and bringing additional resources for Zev-specific product launches and innovation.
Deckers Brands Will Execute a Six-for-One Forward Stock Split
The parent company of Hoka, Ugg, Teva, Sanuk, Koolaburra, and Ahnu said its Board approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the stock split.
Canada Goose Appoints Chief Digital and Information Officer
Alfredo C. M. Tan will oversee all consumer-facing digital platforms, as well as IT, digital media and marketing and consumer insights.
Sportsman Logistics to Distribute Adidas Pickleball Racquets in Alberta
A partnership with The District, the official distributor of Adidas Pickleball and Padel in Canada, enables Sportsman Logistics to bring these products to Alberta.
Fitness Ventures LLC to Open New Crunch Fitness in Minnesota
Crunch St. Cloud, on schedule to open in Fall 2024, will have a 40,000-square-foot footprint at Crossroads Center Mall next to DSW and Ulta, creating a new fitness venue for St. Cloud residents.
Nite Ize Adds Indie Sales Representation in TALO Region
The Alpine Cowboy, owned by Stephanie and Koby Crooks for over 25 years, will represent the brand in Texas, Arkansas, Louisiana, and Oklahoma (TALO region).
Crecera Brands Appoints Chip Coe as CEO
The parent of the Sportsman’s Guide, The Golf Warehouse and Baseball Savings.com brands has appointed Coe as CEO, effective immediately. He succeeds Corey Bergstrom, who launched Crecera’s strategic transformation.
Legacy1846 Outdoor Group Appoints Industry Vet as CEO
Andrew Sibble has previously held key positions with notable portfolio brand companies, including Plano Synergy, Alliance Consumer Group, Xpedition Enterprises, and Dick’s Sporting Goods.
Pickleball Kingdom Targets Louisville, KY for Three New Locations
Franchisees Sanjay Patel and Dhaval Patel of Pickleball X Equity are expanding Pickleball Kingdom with three new indoor pickleball facilities in Louisville.
Birkenstock Names Managing Director for SE Asia and ANZ Region
Evelyn Chua was appointed managing director for the region covering Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, Australia, and New Zealand, effective July 1.
Orangetheory Fitness Inks Franchise Partner for Central and South Florida
Bluegrass Fitness, an affiliate of Manna Capital Partners, LLC, has acquired 18 Orangetheory Fitness studios in the Orlando and South Florida markets and has executed a multi-year development agreement covering Central and South Florida.
Concert Golf Partners Acquires TPC Jasna Polana
Jasna Polana boasts an immense history, from its ties to the Piasecka Johnson family to its role in professional golf as a past host of the PGA Tour Champions and the classic Wonderful World of Golf match between Tom Watson and Hal Sutton.
Groupe Royer Transfers Ownership of Von Dutch to Brand Management Firm
Groupe Royer and its subsidiary Royer Brands International have transferred ownership of the iconic American brand Von Dutch to WSG Brands.
The Buckle Posts Another Comp Store Sales Decline in June
The 5.7 percent decline for the 5-week fiscal June period comes on top of a 2.4 percent comp sales decline in the 2023 June period. Net sales for the month decreased 5.8 percent year-over-year to $101.7 million.