The RV Industry Association reported that a February 2023 survey of manufacturers determined total RV shipments ended the month with 24,903 units, a decrease of (-53.7 percent) compared to the record 53,773 units shipped in February 2022.
Author: SGB Media
Canada’s Mountain Sports Distribution Acquired By PE Fund
Mountain Sports Distribution, Inc. (MSD), a distributor in the powersports industry headquartered in Golden, British Columbia, was acquired by KV Capital.
Caracal USA Names New VP Sales For American Market
Caracal USA has named Bill Silver, a firearms industry sales veteran, as vice president of sales for the American market.
Goldtoe Socks Launches Sock Recycling Program
Goldtoe Socks is rolling out a free sock recycling program in partnership with TerraCycle. The program will offer consumers an easy way to recycle used socks from any brand to manufacture new socks.
Hipcamp Launches Free Public Lands Campsite Maps
Campsite booking platform Hipcamp launched free public lands maps to find and book available campsites in the U.S. that are on or near points of interest on public lands.
Chris-Craft Opens New Manufacturing Facility In Sarasota
Boat manufacturer Chris-Craft, a wholly-owned subsidiary of Winnebago Industries, reported it opened a new manufacturing facility in Sarasota, FL. Building 5 increases the company’s production capacity by 50 percent and spans over 70,000 square feet, allowing for the complete build of boats.
Macy’s To Transition Chairman And CEO Role
Macy’s, Inc. Chairman and CEO Jeff Gennette plans to retire in February 2024 after serving the company for 40 years.
Nocs Provisions Launches Nature-Inspired Hat Collection
Nocs Provisions, maker of binoculars, monoculars and accessories, launched its first nature-inspired hat collection, the Extinct Creatures 6-Panel and the Interesting Birds Bucket Hats. Made from 100 percent organic cotton, each six-panel highlights an extinct creature, while the Bucket Hat shows an array of interesting birds. The neutral tones are broken with pops of color […]
Hyosung To Showcase Sustainable Textile Solutions At Functional Fabric Fair
Hyosung will showcase its latest sustainable textile solutions at the Functional Fabric Fair in Portland, OR on April 4 -5, Booth #1413A. The company’s latest USDA and SGS-certified creora bio-based black spandex will be displayed, partly made with renewable resources, providing “reduced carbon emissions compared to the production of conventional spandex.” At the show, Hyosung […]
Noble Biomaterials Ionic+ Botanical Receives EPA Registration
Noble Biomaterials, the maker of antimicrobial solutions for soft surface applications, reported its latest antimicrobial technology had received official EPA registration. Ionic+ Botanical uses a bio-based registered citric acid formula to inhibit the growth of microbes and reduce odor on fabric and other soft surfaces. Noble Biomaterials began the development of the proprietary Ionic+ Botanical […]
TJX Increases Dividend By 13 Percent
TJX Companies, Inc. announced that its Board of Directors had raised the amount of its quarterly dividend by 13 percent from the last dividend paid.
Compass Diversified Re-Works Board As Sally McCoy Plans Departure
Compass Diversified (CODI), owner of Velocity Outdoor, BOA, Marucci, Primaloft, 5.11, and other businesses in the active lifestyle space, announced that its Board of Directors had nominated a new director candidate for election at its 2023 Annual Meeting of Shareholders on May 25.
Lululemon’s Q4 Profits Drop On Mirror Impairment Charge
Lululemon Athletica Inc. reported a sharp decline in earnings for the fourth quarter due to an impairment charge of $442.7 million related to its Mirror connected-fitness business. Earnings on an adjusted basis grew 31 percent as comparable-store sales jumped 27 percent, topping analyst targets.
Burberry To Acquire Technical Outerwear Factory
Burberry announced plans to acquire a specialist technical outerwear factory from Pattern SpA, a longtime supplier whose business activities include engineering and production of luxury garments. The purchase price is €21 million ($23 mm).
Oofos Sees 82 Percent Year-Over-Year Sales Growth; Completes New Funding Round
Oofos reported it completed a growth investment round of funding led by Derek Carr, quarterback of the New Orleans Saints, retired NFL quarterback Alex Smith and women’s college basketball coach Dawn Staley.
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