The DestiMetrics Market Briefing from May found travelers from Western Europe are also pulling back, with summer bookings down 30.3 percent. Conversely, Mexico’s visitation is running ahead 33 percent year-over-year.
Author: SGB Media
24 Hour Fitness Closes On $305M Senior Secured Facility
This transaction “proactively addresses upcoming debt maturities, enhances liquidity, while strengthening the company’s position in the fitness industry.
Urban Outfitters Debuts On Rotation In-Store Experience — Starting with Nike
On Rotation will debut in UO stores featuring lounge-style installations in five key cities: New York, Washington D.C., Scottsdale, AZ, San Diego, CA, and Manhattan Beach, CA. The activation starts today, May 14, with its first partner, Nike.
Rakuten Rewards Appoints Chief Marketing Officer
Previously, Wendy Bergh was the general manager of Zoom’s Online business as the company became an AI-first work platform. She also held leadership roles at ServiceNow, Minted and Walmart.
Inflation Rise Falls Short of Estimates; CPI Posts Slowest Annual Rate Since 2021
On an annual basis, CPI came in at 2.3 percent, reportedly the slowest annual rate since early 2021, countering the consensus estimate that it would hold at 2.4 percent.
U.S. Customer Satisfaction Falls in First Quarter
The American Customer Satisfaction Index has remained flat or dropped in four consecutive quarters, something that has not occurred since the COVID pandemic.
Thompson/Center Arms Partners with Four Agencies to Expand Nationwide Sales Reach
Precision Sales & Marketing, ProActive Sales & Marketing, Ken Jefferies & Associates (KJ&A), and BCE Marketing have partnered with T/C Arms on a new nationwide sales strategy.
CZ-USA Advances Operations; Hires Three Senior Leaders
Petr Pišt?lák comes on board as president of U.S. Operations, Tom Taylor as chief marketing officer and executive vice president, and John Dain, who joined the company in 2024, was promoted to executive vice president, Commercial Sales.
Faxon Firearms Taps Precision Sales Unlimited for Midwest Region
Precision Sales Unlimited will represent the company in Ohio, Kentucky, Indiana, Illinois, and Michigan. Faxon now has the most rep coverage in the company’s 13-year history.
Airstream Parent Thor Industries Appoints Head of Corporate Development & IR
The parent of the Airstream, CrossDoads, CruiserRV, Dutchman, Enter, Heartland RV, Highland Ridge RV, Jayco, Keystone, KZ, Starcraft, Thor, Tiffen, and Venture RV brands hired Seth Woolf as head of corporate development & investor relations.
Crunch Fitness Franchisee Opening Two New Albuquerque Locations in Fall 2025
The 50,000-square-foot Crunch Albuquerque Atrisco and 43,000-square-foot Crunch Albuquerque Cottonwood in Albuquerque, NM are operated by Crunch Fitness franchisee The Undefeated Tribe.
EoS Fitness Acquired by CorePower Owner TSG Consumer Partners
TSG Consumer owns CorePower Yoga after acquiring the business from L Catterton in 2017, and has invested in Canyon Bicycles, Revolve, Planet Fitness, and Backcountry over the last 10 years.
Saks Hires Financial Advisors
Saks Global Enterprises has hired PJT Partners, Kirkland & Ellis and Bank of America Corp. to help the retailer explore ways to raise new financing alongside the asset-based loan it is pursuing.
Kohl’s Proposes Private Offering Of Senior Notes
Kohl’s Corp. launched a private offering of approximately $360 million aggregate principal amount of senior secured notes due 2030.
Academy Sports Board Member Resigns
Scott Boatwright, an independent board member, has resigned as a director, reducing the size of its board from eleven to ten directors.
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