July 14, 2023
The 71 highest paid executives at public sporting goods retailers saw their total compensation contract by 8% for those with comparable earnings in both years, to an overall average of $3,288,113 compared to $3,501,402 in 2021.
The closing date for Authentic Brands Group’s $1.25 billion deal for the Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua brands has been pushed back to the end of Aug., Shop Eat Surf reported, citing sources inside Boardriders.
The U.K.-based direct-to-consumer men’s and women’s fashion, apparel, and footwear brand is expanding into the U.S. market.
Ponto, the Encinitas, CA-based sustainable footwear lifestyle brand, appointed Barry McGeough as its new brand president.
The Chinese sportswear company said that retail sales at its Kappa and Kappa kids’ stores increased mid-double digits in the first fiscal quarter ended Jun. 30, with same store sales up mid- to low-double digits.