Insite Performance Hires Nike Veteran as Director of Innovation
Dr. Caleb Dyer brings over a decade of experience to the role in engineering footwear polymers, having served as a material innovator, Polymer Lab manager and lead chemical engineer at Nike since 2012.
Topgolf Names New Chief People Officer
Maryam Morse will reportedly oversee “recruitment and retention, leadership development, training and compliance, the Playmaker (aka employee) experience and Topgolf’s internal mental well-being platform.”
Urban Outfitters, Inc. Beats Q1 Street Estimates as Comps Rise in Mid Singles
The increase in Comparable Retail segment net sales was driven by high-single-digit positive growth in digital channel sales and low-single-digit positive growth in retail store sales.
Imperial Headwear Acquires Pukka
Imperial, the headwear manufacturer founded in 1916 and owned by CPC, rcompleted the acquisition of Pukka, a designer, manufacturer and marketer of custom headwear in the golf, action sports and team sporting goods markets based in Findlay, OH.
Report: Cities in Florida Top U.S. Charts in Freelancer Population and Revenue Growth
The 7th Annual Freelance Economic Impact Report also identifies major growth across Texas while traditional business hubs like San Francisco and New York remain stagnant.
Target Corp. Sees Flattish Bottom Line in Q1 as Comps Fall in the Mid Singles
Total revenue for the quarter was down 3.1 percent year-over-year to $24.5 billion, said to reflect a total sales decline of 3.2 percent and a 3.9 percent increase in other revenue.
Fanatics Signs Retail and Merchandising Partnership with R&A
The long-term deal covers eCommerce, event and physical retail, memorabilia, and licensing rights and will offer consumers the “largest assortment of Open and AIG Women’s Open merchandise ever assembled.”
TJX Ups Full-Year EPS Guidance as Q1 Comps Rise 3 Percent
The company said it saw comp sales growth at every division entirely driven by customer transactions, which underscores the strength of our value proposition.
Lululemon Re-Works Product, Brand Teams as Product Chief Sun Choe Departs
Jonathan Cheung, the global creative director, will drive product design, innovation and product development. Nikki Neuburger will become chief brand and product activation officer. Elizabeth Binder, chief merchandising officer, will report to Neuburger.
Peloton to Sell New Notes, Enter Into Billion Dollar Term Loan Facility
The company will offer $275.0 million aggregate principal amount of convertible senior notes due 2029 in a private offering and enter into a $1.0 billion five-year term loan facility and a $100.0 million five-year revolving credit facility
WHP Global Inks Lotto Licensing Deal for Brazil
Dray Industria e Comercio Ltd has operated in Brazil for three decades, being one of the primary references in the country’s sporting goods segment. The company is headquartered in Saudades in Santa Catarina.
Xponential Fitness Divests Row House Franchise Fitness Brand
Xponential reported it will “work closely with Extraordinary Brands to ensure a seamless transition experience for Row House franchisees.” Established Brands owns fitness brands, including EatTheFrog and Purvelo Cycle, Barre, and Hitt.
Massimo Group Expands Production Facility in Garland, TX
The company continues to experience sales momentum across UTVs, ATVs, ebikes, and pontoon boats, which accounted for annual revenue growth of 32 percent and 38 percent, respectively, in 2023.
Report: Gen Z RVers Most Likely Generation to Work on the Road
Teens drop tech and look to faith for meaning during family road trips. Baby Boomers increase multigenerational camping plans this summer. Economic constraints and appetite for travel push GenZ to search for free campsites. Demand for developed campgrounds booms.
Report: Western Winter Resorts See Disappointing End to Season
Destimetrics said occupancy struggled throughout most of the winter so the somewhat lower figures were expected, but aggregated daily rates were up to help mitigate the declines in seasonal revenues as of April 30.
