NBDA E-Bike Survey Reveals Leading Brands, Services and Systems
With the ebike category experiencing unprecedented growth, the trade association of independent bicycle dealers said feedback gathered from over 552 bicycle retailers across North America provided invaluable insights into supplier performance and retailer satisfaction.
Rally House Opens Second Storefront in Wisconsin
Rally House expands its presence in Wisconsin to two storefronts after opening Rally House Outlets at The Dells in Baraboo on May 17. Last October, Rally House opened its House Mayfair Collection in Wauwatosa, WI.
Fidlock USA Continues Growth
As part of the company’s growth plan, Fidlock diversified into new product categories, positioning it for expanded U.S. market reach and increased sales representation in the Southeast, Mid-Atlantic and Northeast regions.
Patagonia Prevails in Nordstrom Lawsuit
The suit alleged that Nordstrom sold “thousands of counterfeit Patagonia sweatshirts and t-shirts” through its Nordstrom Rack stores, in the complaint filed in the U.S. District Court for the Central District of California.
Health & Fitness Association Carries PHIT Baton to U.S. Congress Meetings
The trade association, formerly IHRSA, reported that 120 industry leaders participated in this year’s HFA Fly-In and Advocacy Summit May 7-8 in Washington, DC, doubling last year’s attendance.
Snipes Appoints Martin Badour as President of Snipes USA
He succeeds Jim Bojko, who has left Snipes. In his new role, Badour will be responsible for managing the company in the United States, according to a press release from the company..
Report: Public Lands See Increased Visitors as Recreation Funding Declines
Led by the Outdoor Alliance, 34 outdoor recreation organizations and businesses called on lawmakers to “fully fund recreation budgets at the U.S. Forest Service and the Bureau of Land Management.
Ammo Inc. Announces Preferred Stock Dividend
Holders of record of the company’s 8.75 percent Series A Cumulative Redeemable Perpetual Preferred Stock as of the close of business on May 31, 2024 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share.
Vineyard Vines Opens Store at Walt Disney World Resort
The new store in Disney Springs offers the brand’s signature collections of clothing and accessories for men, women and kids, including Vineyard Vines e t-shirts and swimwear.
Ex-Nike DEI Boss Sentenced to 5 Years for Fraud
Barbara Furlow-Smiles stole over $5 million from Nike and Facebook as a DEI manager. Her excessive greed got her a sentence of five years and three months in Federal prison this week.
Gildan Lawsuits Against Investors are Dismissed in Canadian Courts
Browning West, LP, a long-term shareholder of Gildan Activewear Inc. and beneficially owns approximately 5.0 percent of Gildan’s outstanding shares, said the two lawsuits brought by Gildan’s Board against Browning West have been dismissed.
Classic Football Shirts Secures $38.5M Funding Round for Expansion; Appoints Exec Chair
The Chernin Group invested $38.5M of growth equity capital into the company. Cormac Barry, a senior executive with over 25 years’ experience in online B2C, online B2B and retail across multiple sectors has joined the company as executive chairman.
Pnuma Outdoors and Heated Core Appoint Brand Manager
Amber Liljestrand previously worked at Bass Pro Shops, where she was the assistant merchant for Hunting and Tactical Apparel, overseeing design, development and promotion of proprietary brands while collaborating with major national brands.
Dillard’s, Inc. Sees Fiscal Q1 Comps Dip 2 Percent; Net Income Sinks 11 Percent
Total retail sales, which excludes the company’s construction business, CDI Contractors, LLC, for the fiscal first quarter were $1.49 billion, down 1 percent from $1.52 billion in the year-ago Q1 period.
Five Iron Golf to Open in Dubai; Secures Development Rights in the UAE
Five Iron Golf will open its most expansive venue in Dubai, spearheaded by entrepreneurs Matthew Csillag and David Zabinsky, alongside General Manager Andrew Bostock. With a multi-unit franchise agreement spanning six sites in the UAE, the team secured exclusive development rights in the region.
