Core retail sales during the 2023 holiday season, November and December combined, reportedly grew 3.8 percent versus the corresponding period in 2022, supported by continued inflation and despite high-interest rates.
Author: SGB Media

Protect Our Winters Hires New CEO
Erin Sprague is the third CEO to lead POW, which was founded in 2007 by professional snowboarder Jeremy Jones.

EXEC: The Athlete’s Foot Parent to Acquire Lloyd’s Shoes
Arklyz AG and Lloyd Shoes owner AG Ara have signed definitive agreements for Arklyz to acquire the German footwear powerhouse with all its operating subsidiaries.

EXEC: Gildan Activewear Board Releases Info to Justify CEO’s Ouster
With new CEO Vince Tyra now in his seat early in defiance of a large group of investors and shareholders, Gildan Activewear, Inc. has turned to a strategy to justify the move by its Board of Directors to oust former CEO Glenn Chamandy.

GoPro to Acquire Forcite Helmet Systems
Through the acquisition, GoPro will work towards enhancing the performance and safety of motorcycle helmets with the long-term goal of tech-enabling other helmet categories.

Franklin Sports CFX Pro Batting Glove Series More than Just A Standard Batting Glove
“As players’ needs evolve, it is our commitment at Franklin Sports to strive and create an optimal performance glove that not only looks great but feels even better.” —Adam Franklin, President, Franklin Sports

Winmark Corp. Board Member to Exit
Mark Wilson informed Winmark that he will not stand for re-election to its Board of Directors at its next Annual Meeting of Shareholders in April 2024.

Camping World Reviewing Strategic Alternatives for Good Sam Business
Potential strategic alternatives for the company’s Good Sam business could include a potential sale, spin-off or other disposition of the business.

Jones Snowboards Fair Trade Certified
“…We hold all our factory partners to the highest social responsibility standards. Achieving Fair Trade Certification honors our longstanding commitment to the people who manufacture our products.” —Jeremy Jones, founder, Jones Snowboard

Big 5 Lowers Q4, Full-Year EPS Guidance as Q4 Comps Fall 17.7 Percent
Big 5 now expects to report a loss per basic share in the range of 38 cents to 40 cents, which compares to the company’s previous guidance for a fourth quarter loss per basic share in the range of 20 cents to 35 cents per share.

Golfzon Co. Ltd. Appoints CEO for Golfzon America
Sean Pyun joins Golfzon America after spending the last 16 years in various roles at the LPGA, including managing director of international business affairs and VP and managing director, LPGA Asia, before LPGA on all Asia-related business affairs as the chief business officer, Asia.

Manufacturer of Patrick Mahomes’ Cracked Football Helmet Issues Statement
Certor Sports stated the performance and testing of the Vicis Zero2 Helmet and the conditions surrounding the damage sustained to the helmet after a helmet-to-helmet collision in Saturday night’s game between the Chiefs and Dolphins were due to extreme conditions.

Headwinds Put a Hurt on Western U.S. Ski Resorts Again in December
Consumer optimism could not offset the challenges presented by meager snowfall, school holidays that started nearly a week later than usual and ongoing resistance to near historically high daily rates at Western mountain destinations.

Livsn Designs Hires Product Manager/Head of Sustainability
Abby Hollis steps into the newly created for the outdoor apparel company.

General RV Center Acquires Independence RV Center
Independence RV was founded in 1985 by Ronnie Jordan at a one-acre leased facility in Orlando, FL. Four years later, he relocated the dealership to the city of Winter Garden where it operates today.