July 14, 2023 Retail Executive Compensation Fell By 8% In 2022
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. Report: ABG’s Boardriders Acquisition to Close Aug. 31
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. U.K. Brand Arne to Enter U.S. Market
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 Taps Wolverine Vet as President
Ponto, the Encinitas, CA-based sustainable footwear lifestyle brand, appointed Barry McGeough as its new brand president. Kappa Sales Improve in Q1 for China Dongxiang
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. Etcetera: Hibbett, Connexa, Rally House, Smith & Wesson
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