Camping World Holdings Inc. announced that an agreement has been signed to acquire a multi-location Hilltop RV Superstore, with dealerships in Escanaba and Ishpeming, MI.
Month: March 2021
Kohl’s Sends Letter To Shareholders Highlighting Board Strength
Kohl’s Corporation, which is facing a proxy fight from a group of Activist investors, mailed a letter to shareholders detailing the collective strength of its Board of Directors, which the retailer said: “has been thoughtfully assembled to incorporate the full range of skills and capabilities required to oversee Kohl’s continued momentum.”
VF Corp. Announces New Appointments To EMEA Leadership Team
VF Corp. announced several new appointments to its EMEA leadership team, impacting Dickies, Napapijri and supply chain management.
Sportsman’s Warehouse Sees 70 Percent Q4 Revenue Hike
Sportsman’s Warehouse Holdings, Inc., which has agreed to a merger with Bass Pro, reported fourth-quarter earnings soared three-fold as sales ran up 69.7 percent.
Dorel Completes Sale Of China Manufacturing Facility
Dorel Industries Inc. has completed the previously-announced sale of its juvenile products manufacturing facility in Zhongshan, China to Guangdong Roadmate Group Co., Ltd. and has received the gross sale proceeds of approximately US$51 million from Roadmate.
RunSignup Reports Growth At The Close Of Q1 2021
After a challenging year for endurance events and nonprofits, RunSignup said it closed Q1 of 2021 with encouraging signs of market expansion. Total transactions on the platform in March 2021 were just short of the transactions from March 2019, despite the continued absence of large endurance events.
Inside The Call: Lululemon Believes Growth Is Just Getting Started
Lululemon Athletica reported same-store sales climbed a better-than-expected 21 percent in the fourth quarter as online sales continued to vault. Robust sales guidance is again seen for the current year as Lululemon officials expressed confidence that the pandemic has accelerated growth opportunities.
A.k.a. Brands Announces Acquisition Of Culture Kings
A.k.a. Brands, based in San Francisco, announced the acquisition of Culture Kings, the Australian streetwear brand. The financial terms of the transaction were not disclosed.
Tonal Raises $250M In Funding At $1.6B Valuation
Tonal announced $250 million in new funding, valuing the business at $1.6 billion. This brings Tonal’s total funding to over $450 million.
Cotopaxi x HOKA Empower Athletes To Explore The Trails
Cotopaxi and Hoka One One collaborated on two limited-edition styles —Torrent 2 trail shoe and Batac 16L Del Dia Backpack — born out of a shared passion for responsible manufacturing and the great outdoors. The Torrent 2 is a lightweight trail shoe agile on challenging terrain with enhanced cushioning. The Batac 16L Del Día Backpack […]
NSGA Sports Participation Study Offers Glimpse Of COVID-19 Impact
Early figures from the 2021 edition of the National Sporting Goods Association’s (NSGA) Sports Participation in the U.S. report provide an indication of the impact COVID-19 had on the 10 segments tracked by NSGA in 2020. NSGA annual participation study saw five segments increase in participation, three segments decrease and two segments remain relatively flat compared to 2019.
Fitbench Celebrates Five-Year Anniversary With Record Growth
Fitbench, based in Oconomowoc, WI, said it doubled its business in 2020 and plans to launch two products this year as it celebrates its fifth year in business in 2021.
OIA Special Report Examines New Outdoor Participant Amid Pandemic
Outdoor Industry Association (OIA) released a special report, “New Outdoor Participant (COVID And Beyond),” exploring Americans’ spike in engagement in outdoor activities amid the COVID-19 pandemic. The report reveals that these new participants are more likely to be female, younger, living in an urban area and slightly more ethnically diverse than existing participants.
Iconix’s Q4 Sales Slid 22 Percent
Iconix Brand Group Inc. reported sales for the fourth quarter of $33.9 million, a 22 percent decline compared to $43.2 million in the fourth quarter of 2019.
Shimano Announces New President
Shimano appointed Taizo Shimano, who joined the company in 1991 and served as a senior executive vice president since 2018 after leading Shimano’s Fishing Tackle division, as its new president.
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