Occupancy on-the-books is down 2.2 percent compared to last summer at this time in seven western states, according to the most recent monthly Market Briefing released by DestiMetrics, a division of Inntopia.
Month: August 2023
Columbia Sportswear Names Chief Product Officer, Columbia Brand
Columbia Sportswear Company hired Woody Blackford as senior vice president and chief product officer for the Columbia Brand. Blackford is returning to Columbia, where he previously worked for 14 years, culminating in the position of VP of global design and innovation.
Trove Secures $30 Million In Funding Round
Resale tech platform Trove reported it raised $30 million in a Series E funding round, bringing its total funding to over $150 million.
On’s Sales Surge 60 Percent Currency-Neutral In Second Quarter
On Holdings reported adjusted EBITDA nearly doubled in the second quarter as sales vaulted 52 percent (60 percent on a currency-neutral basis). Sales in the Americas region jumped 59.8 percent. On again lifted its full-year sales guidance, implying a full-year growth rate of 44 percent and a second half-year growth rate of close to 30 percent. On Holdings forecast for EBITDA margin was maintained.
Deckers X Lab Conquers Land And Water With X-Scape Baja
Deckers X Lab, the footwear manufacturer, introduced the X-Scape Baja for men and women to unwind whether on land or water. Its sugarcane midsole and anatomically molded footbed alleviate muscle pressure and for recovery after a workout. Engineered with drainage holes and a breathable sugarcane IM-EVA upper frame, the Baja rapidly expels water to accelerate […]
Moultrie Releases Edge Pro Cellular Trail Camera With AI Technology
Moultrie Mobile, a manufacturer of cellular trail cameras that also offers a remote monitoring app for hunters and property owners, released its Edge Pro Cellular Trail Camera with false trigger elimination capabilities powered by AI in the form of Smart Capture and Smart Zone technology. Smart Capture Technology gives users control over what species the […]
EXEC: Dennis Driscoll Looks Back on Nearly 45 Years in the Footwear Business
Long-time global footwear industry veteran and chief product officer for Xero Shoes, Dennis Driscoll, is retiring on September 1 after more than 44 years in the business. Driscoll talked with SGB Executive about the insights he gained over his career, including having worked for Avia and Converse and what he will miss.
Nikwax Names New Global CEO
Nikwax promoted Brian Davidson to CEO of its global business. Davidson will retain his position as president of Nikwax North America.
Study: Luxury Retailers Brace for Rise in Losses to Theft and Security Issues
A new global research survey asked luxury retailer senior executives with a total annual turnover of $3.1 billion across the U.S., South America, Europe, Africa, and Asia revealed that 62 percent expected a rise in losses to theft over the next three years.
Amazon Eliminates Dozens of In-House Brands
Amazon pruned a wide range of private brands to exit weaker performers. The move is timed with the retailer facing antitrust scrutiny involving the expansion of its in-house labels.
TruFit Athletic Clubs Opens Second TN Location
TruFit said it is solidifying its presence in the Tennessee fitness industry with the opening of a Madison, TN location and will introduce two additional locations—a third in Donelson and the fourth in Murfreesboro—this year.
Blain’s Farm & Fleet Names New President
Blain’s Farm & Fleet, a family-owned company for 68 years, promoted Mark Hasting to president, the first time a non-family member has held the position, in addition to his chief commerce and operating officer role. Jane Blain Gilbertson, the owner of Blain’s Farm & Fleet and Blain Supply, Inc., will remain CEO.
Madewell Names President
J.Crew Group appointed Adrienne Lazarus as president of its Madewell brand, effective next month. Most recently, Lazarus was the co-CEO of CUUP, a direct-to-consumer intimates brand newly acquired by FullBeauty Brands.
Study: Strong Pickleball Growth Nets Access Challenges
“If you build it, they will come” certainly applies to the sport of pickleball, according to a new study from the Sports & Fitness Industry Association (SFIA) and Pickleheads, a website that helps players find and schedule pickleball games. The study concluded that pickleball’s unprecedented growth would require a $900 million investment to build the 25,000 courts in the U.S. necessary to support continued participation gains.
InHome Golf Studio and Simulators Opens Showroom in Miami
InHome Golf Studio and Simulators opened a showroom in Miami, FL. The company also has showrooms in Lyndhurst, NJ, where it is based, and Mississauga, Ontario, Canada.
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