Original Co-Founder and CEO Anne-Worley Moelter returns as CEO of Movement Climbing Yoga and Fitness, effective immediately. Moelter has been a climbing industry veteran for almost 25 years.
Author: SGB Media
PickleRage Entering Alabama with New Mobile Location in Early 2025
Jonathan Keith and Mark Howard, franchise owners of the new Mobile location and longtime business partners in the real estate space, said they are eager to bring a first-class pickleball facility and experience to their local community.
Topgolf Breaks Ground on New Panama City Beach Location
The two-level venue located along Florida’s Emerald Coast in Panama City Beach. Set to open in summer 2025, it will be Topgolf’s 10th venue in the state.
EXEC: August Footwear Factory Shipments Show Mixed Trend Lines
Yuen Yuen, one of the largest active lifestyle footwear manufacturers, saw growth trends improve in August, increasing over 21 percent y/y, while Feng Tay, one of the longest-tenured makers of Nike footwear, saw shipments decline for the month.
Nate Smith Named CEO of Huk and Nomad Outdoor Parent
Smith brings 20 years of executive leadership experience working for consumer-branded omnichannel organizations in apparel, footwear and accessories. He has held senior executive roles at Patagonia and Oakley and, most recently, was president at Boardriders,
Academy Sports and Outdoors Cuts Guidance After Dismal Q2 Results
Sales for the second quarter were said to be more challenging than expected, impacted by a tough economy, a temporary DC backlog related to going live with a new warehouse management system and by a very active storm season across key portions of the retailer’s footprint.
SMBGolf Acquires IGDB, Enhances Data Accuracy
The company remarked that this “is a pivotal moment for SMBGolf and Apparation as they merge resources and expertise to create a more valuable golf course and people database for the golf industry.”
EXEC: Giant Group Ekes Out Another Sales Increase in August Against Easy Comps
The increase was more moderate than the 16.6 percent increase in July. Still, it was good news as the company faces easier comparisons against an ugly fall shipping period last year.
Apex Ammunition Increases Canadian Distribution with Canuck Guns
Canuck Guns, the importer and distributor of firearms and accessories to Canadian firearms dealers, will distribute Apex shotshells throughout Canada. The company also distributes Apex Waterfowl Blends and S3 Steel loads in stock in 12- and 20-gauge.
Modern America Campgrounds Expands Portfolio with Connecticut Campground Deal
The largest RV park owner in the Northeast has acquired Lone Oak Campsites in East Canaan, CT, marking its 27th park acquisition in the last 24 months.
Under Armour Cuts Guidance on Expanded Restructuring Cost Expectations
The company has identified approx. $70 million of additional charges, largely related to the decision to exit one of its primary distribution facilities located in Rialto, CA on top of the $70 million to $90 million already planned in connection with its Fiscal 2025 restructuring plan.
Dovetail Workwear Hires VP Marketing; Promotes Co-Founder to VP of Product
Dovetail Workwear has hired Linda Reese as VP of marketing and promoted co-founder Sara DeLuca to VP of product. Collaboratively, Reese and DeLuca will reportedly “strengthen alignment across product and marketing strategies.”
EXEC: Vista Outdoor Confirms New $3.3B Bid; Adjourns Stockholder Meeting (Update)
The new offer represents a 41.4 percent premium to the VSTO share price the day before MNC’s first offer in February and a 12.3 percent premium over the company’s $38.29 closing price on Friday, September 6. But all is not well in this relationship.
Are We Headed for More Inventory Overhang as Retailers Bring Goods in Early?
If the forecasts prove correct, 2024 will have seen a seven-month stretch of import levels at or above 2 million TEU, the longest since a 19-month stretch through September 2022, as retailers pull shipments forward for fear of a port strike.
Alterra Mountain Company Names New President & COO at Palisades Tahoe
Amy Ohran comes to Palisades Tahoe as president and COO with nearly 35 years of experience in the snow sports industry, primarily working in the Lake Tahoe area.
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