<p>The Black Diamond-dominated Outdoor segment sales were $47.0 million, compared to $52.8 million in the year-ago quarter, due primarily to weakness in European and independent global distributor markets, partially offset by growth in the North American wholesale channel.</p>
<p>In Q1, the brand launched six new footwear styles contributing to 10 percent growth in footwear sales year-over-year in what the company said would be a record year for product introductions.</p>
<p>Net loss in the first quarter of fiscal 2024 was $3.5 million, compared to net income and net income margin of $41.8 million and 10.4 percent, respectively, in the first quarter of the prior fiscal year.</p>
<p>Former executive of Pigu Hobby Hall Group and eMag, Florin Filote, to lead European business as long-time GM of Europe Dan DeMeyere transitions back to ThredUps U.S. business as chief product and technology officer after running international business.</p>
<p>The technology-infused curated assortment includes tops and bottoms that are made to transition from the office to the green.</p>
<p>Island lifestyle meets adventure on the water</p>
<p>Proprietary innovative lenses debut in best-selling guide’s choice and new hookset sunglasses</p>
<p>A new look at style</p>
<p>Original maker of performance stretch belts and adventure lifestyle brand introduce second seasonal collection </p>
<p>BOA grew revenues and adjusted EBITDA by 13 percent and 15 percent, respectively in the first quarter of 2024. Bookings outpaced revenue growth, which supports expectations of a strong 2024.</p>
<p>Vail closed on the purchase of Crans-Montana Mountain Resort. The acquisition represents the company’s second strategic investment to own and operate ski resorts in Europe.</p>
<p>Michael Minter joined the company on April 29 with nearly 20 years of experience working in creative and marketing leadership roles for Sanuk, Billabong, Keen, DC, and Reef.</p>
<p>Mahbobeh Sabetnia, a non-executive director and member of the Remuneration Committee, has decided not to stand for re-election at the company’s Annual General Meeting on June 27.</p>
<p>Revenue increased 16.8 percent to $596.7 million from continued strong membership dues and in-center revenue growth.</p>
<p>Brands segments, which includes Fjällräven, Royal Robbins, Hanwag, and Fenix Outdoor, had sales of €45.2 million in the first quarter, falling 14.9 percent from €53.1 million in the prior-year first quarter.</p>
