Brooks Appoints Dan Sheridan Next CEO as Jim Weber Plans Departure
Jim Weber will step down as CEO of Brooks Running Company this spring after 23 years in the position. Dan Sheridan, company president and chief operating officer, will succeed Weber as CEO, effective April 26, 2024.
North Point Brands Adds RepYourWater to Brand Portfolio
The husband-and-wife co-founders of RepYourWater, Garrison and Corinne Doctor, will bring their talents to all sectors of North Point Brands.
On Holding Continues Strong DD Growth into Q4 with DTC Leading the Way
The company said the strength and increasing awareness of the On brand drove record-high traffic to the brand’s website and retail stores worldwide, resulting in a 46.2 percent direct-to-consumer share, the highest in the company’s history.
Clarus Board Appoints New Director, Approves Top Shareholders to Increase Stakes
The parent of the Black Diamond, MaxTrax and Rhino-Rack brands, has appointed Roger Werner to serve on the Board of Directors, effective as of March 8, 2024 and approved two top shareholders’ bids to increase ownership percentage.
Vail Resorts, Inc. Appoints New Board Member
Reggie Chambers is EVP and chief transformation officer for the TIAA. Before joining the company in September 2023, he was the CFO and head of strategy for the commercial banking division of JPMorgan Chase.
Vail Resorts Fiscal Q2 Hurt by Weather Issues, but Pre-Season Pass Sales Help
The results for the second quarter were said to be negatively impacted by challenging conditions at all North American company resorts, with approximately 42 percent lower snowfall across western North American resorts through January.
First Lite Welcomes New VP, Head of Product
Grundéns and Simms alumnus, Curtis Graves joins First Lite as VP, head of product for the hunting apparel brand First Lite.
NRF Reports Import Cargo Returning to Normal After Red Sea Disruptions
Inbound cargo volume at the nation’s major container ports remains on track to show year-over-year increases through the first half of 2024.
Amped Fitness Opening First Texas Location
The new Amped Fitness studio will open in Richardson, TX, marking the company’s 25th corporate-owned gym.
Crunch Franchise Opens New SoCal Location
Crunch Monrovia is owned by Harman Fitness, one of the largest Crunch franchisees in the U.S. with 37 clubs open in five states.
Ross Stores, Inc. Opens 18 New Stores to Start the Fiscal Year
These new locations are part of the company’s plans to add approximately 90 new stores, comprised of about 75 Ross and 15 DD’s Discounts, during fiscal 2024.
HanesBrands Extends Apparel Partnership With Ole Miss
The University of Mississippi and HBI signed a three year extension on its current apparel partnership that gives HanesBrands exclusive rights to Ole Miss fanwear in the mass retail channel.
Macy’s, Inc. Hires VP to Lead Macy’s Media Network
Michael Krans oversees the company’s in-house media publisher connecting the retailer’s advertising partners with Macy’s and Bloomingdale’s customers.
Bass Pro Shops to Open New Store in Pittsburgh
Bass Pro Shop’s newest 100,0000-square-foot two-level Outdoor World retail store, part of the Newbury Market, is the company’s third in Pennsylvania and the first in Western Pennsylvania.
Freeletics Closes $45 Million Funding Round with Superstar Investors
The Series A funding round was led by FitLab, Causeway Media Partners and Jazz Venture Partners, with participation from Courtside Ventures, Elysian Park Ventures, ward.ventures, and business strategist Tony Robbins.
