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The company has named Jeff Bardsley as the next president and CEO of Head North America. The current VP of Racquet Sports marketing for North America, will replace longtime CEO Kevin Kempin, who will retire July 1 after 32 years with the company. Sumit Anand joined Academy this month and reports directly to CEO Steve L
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News
VF Corp’s Debt Ratings Outlook Upgraded to Positive
4+ day, 5+ hour ago (785+ words) S&P Global Ratings revised its debt ratings outlook on VF Corp. to positive from stable due to the company's progress in paying down debt. The ratings agency expects VF will reduce leverage below 3x in fiscal 2027 as it grows organic…...
EXEC: French Performance Eyewear Specialist Loubsol to Launch Volcom Eyewear in 2027
5+ day, 1+ hour ago (305+ words) Loubsol will design, manufacture, and distribute Volcom sunglasses, optical eyewear and accessories, sports goggles, and protective helmet products for men, women and children across Europe. Loubsol, the French performance eyewear and protection specialist, has agreed to a deal with Volcom…...
EXEC: Italian Chamois-Maker Elastic Interface Acquired by Swedish Holding Company
5+ day, 5+ hour ago (113+ words) Sweden-based holding company Röko AB has acquired Italy’s CyTech S.r.l., the parent of Elastic Interface cycling pads (chamois). Terms of the transaction were not disclosed. Elastic Interface also makes ergonomic accessories like palms for cycling gloves and insoles....
Nike To Be Kicked off the S&P 100 on September 21
1+ week, 13+ hour ago (132+ words) Nike Inc. will be removed from the S&P 100 index as part of a "quarterly rebalance" designed to keep the index representative of the largest U.S. mega-cap companies by market capitalization. will be removed from the S&P 100 index as part…...
Mathews Archery Announces Transition to Employee Ownership
1+ week, 21+ hour ago (226+ words) Mathews Archery, based in Sparta, WI, officially transitioned to employee ownership as it reaches its 35th year in business. Mathews Archery, based in Sparta, WI, officially transitioned to employee ownership as it reaches its 35th year in business âFrom the beginning,…...
Smith & Wesson’s Fiscal Q1 Sales Jump 32 Percent
1+ week, 2+ day ago (270+ words) Smith & Wesson Brands, Inc. reported that sales jumped 32 percent in the fiscal first quarter ended July 31. Operating earnings on an adjusted basis nearly doubled due in part to tariff refunds. Smith & Wesson Brands, Inc reported that sales jumped 32 percent in…...
Dick’s SG’s Debt Ratings Outlook Cut on Foot Locker Weakness
1+ week, 2+ day ago (226+ words) S&P Global Ratings lowered its debt ratings outlook on Dick’s Sporting Goods after the retailer reported second-quarter results that came in lower than expectations due to “a highly promotional environment from industry-wide inventory build-ups across key brands and fewer…...
Genesco Inc. Beats Expectations for Q2 with Fewer Stores, Lower Costs and Improved GM
1+ week, 3+ day ago (872+ words) Genesco, Inc., the parent company of Journeys, Schuh and Johnston & Murphy, said they delivered second quarter bottom line results that were significantly better than last year and well ahead of internal expectations. Second Quarter Sales Summary Net sales for the…...
PVH Corp. Sees Modest Sales Drop in Q2, Takes Impairment Charge
1+ week, 3+ day ago (87+ words) Revenue performance for the company’s directly operated channels compared to the prior year period was as follows: Stock Repurchase Program: The company did not make any common stock repurchases under the stock repurchase program during the first six months of…...
G-III Apparel’s Q2 Adjusted EPS Tops Guidance, Sales up High-Singles Excluding Lost Licenses
1+ week, 4+ day ago (355+ words) G-III Apparel Group, Ltd. reported a slight increase in adjusted earnings in the second quarter ended July 31, just ahead of guidance due to improved gross margins. Sales fell 10 percent and were below guidance, with the decline reflecting the loss of…...