March 04, 2024 Skechers Sees a More Normal 2024 after Record 2023
After a year where sales topped $8 billion, the world’s third-largest footwear brand sees most of its potential expansion coming from international and direct-to-consumer, calling those channels the engine of its future growth at the Raymond James conference. Canada Goose Plans to Double Owned-Store Fleet
Store productivity and protecting margins remains at the core of the brand’s shift to DTC, GOOS laid out at the Raymond James conference, alongside the paring down of wholesale accounts to boost full-price selling and brand image. Vista Outdoor Rejects $2.9 Billion Buyout Offer
Vista Outdoor’s board will push forward with its planned sale of the Sporting Products business to Czechoslovak Group for $1.91 billion, spurning the $35 per share offer from MNC Capital that would have kept the company together. Winter Sports Retailers Formed after Buying Group Merger
Snowsports Merchandising Corporation and Sports Specialists Ltd have combined to form Winter Sports Retailers, bringing together their 118 members that operate over 300 locations in 33 states. Fenix Outdoor Acquires Stake in Arctic Fox
The Swedish outdoor company has acquired 30% of its long-time strategic partner, Artic Fox s.r.o., which runs six Fjällräven Stores and an online platform in the Czech Republic and Slovakia. Wolverine Worldwide Will Close KY Distribution Center
WWW is laying off the 150 staff at it Louisville, KY, facility, effective May 3, according to a WARN notice filed with the state. Longwood Hockey Acquires Palm Beach Ice Works
Longwood Hockey and Larry Robbins have acquired the Palm Beach Breakers youth hockey and ice-skating program from Lori Alf, as well as a lease for the Palm Beach Ice Works Olympic-style ice rink. Vigilant Gear Names New President
The parent company of Primary Weapons Systems and Lone Wolf Arms has appointed Ben Fleming as president. NICS Checks Flatten in February
NSSF’s adjusted NICS checks were flat last month at 1,343,478 compared to 1,343,593, an improvement from the 5.6% decline in Jan. to start the year. Etcetera: Deckers, Gymshark, Johnson Health Tech, BPI Outdoors, Gill Fishing
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