In the third quarter, Group revenues were €635.5 million, down 3 percent constant-currency compared to the same period of 2023, cutting into the year-to-date trend increase of 6 percent at constant exchange rates.
Category: Outdoor
Modern America Campgrounds Acquires Thomas Point Beach & Campground
Thomas Point Beach was started in 1956 by Harry and Marion Crooker. The 80-acre Oceanside Park was owned and operated by the family until it was sold. Modern America was selected to purchase the property because it intends to carry on its legacy.
EXEC: Big 5 Sees Improving Sales Trends Leading into Holiday Season
The retailer saw the Apparel and Footwear categories each down ~9 percent and Hardgoods was down ~6 percent in Q3 but a number of product categories are contributing to the improvements in sales trending, including the early rates in fall and winter apparel.
Hoist Appoints Board Chair
The manufacturer of “IV-level hydration,” announced that Gerry David has been appointed chairman of the board of directors.
EXEC: Adidas Settles with Kanye, But Yeezy Hangover Still a Drag on Strong Third Quarter
With this settlement, Adidas unwound a €100 million provision related to outstanding legal issues over the Yeezy break-up and now plans to also donate that sum to charities. Including the €100 million, total funds earmarked for charity related to the Yeezy inventory sell-off now stand at about €250 million.
EXEC: Leatt Corporation Ekes Out a Positive Revenue Quarter in Q3 as DTC Sales Jump
The company was said to be “very encouraged” by the results of the 2024 third quarter, calling it a “pivotal quarter” as global revenues returned to growth, “albeit still marginal at this stage.”
EXEC: VF Corp. CEO Sees Recovery Gaining Traction at TNF and Vans Parent
On VF’s quarterly analyst call, Bracken Darrell, CEO and president, said the second quarter delivered “another quarter of really good progress,” marking the third straight quarter of sequential top-line improvement in the decline rate and witnessing moderating sales declines at its two most challenged areas: Vans and the Americas region.
Former Nike and Adidas Vet Named Levi’s Managing Director, Latin America
Dario Aguilar will lead Levi’s business as managing director for Latin America, effective December 2. Most recently he was the CEO of Sephora Mexico. Before that, he worked in various commercial leadership roles at Adidas and Nike across Latin America and Europe.
EXEC: Crocs Inc. Shares Dive Over HeyDude Brand Struggles, Crocs Brand Softens
Crocs shares fell $26.50, or 19.2 percent, to $111.58 per share Tuesday after the footwear company reported third-quarter results topped analyst estimates but tempered its full-year sales guidance as the turnaround at HeyDude falls behind schedule.
On, Patagonia, Puma, Salomon, and LVHM Unveil 100% Fiber-to-Fiber Recyled Tee
In July 2022, On, Patagonia, Puma, and Salomon announced that they had joined forces with French biochemical company Carbios to use its biorecycling technology for synthetic fiber recycling. Together they have produced the world’s first enzymatically recycled t-shirt made entirely from biorecycled fibres.
Wolverine Worldwide Appoints Susie Kuhn as Active Group President
Kuhn is responsible for leading brand strategies, consumer-focused go-to-market plans and driving commercial performance for WWW’s Active Group, which includes the Merrell, Saucony and Chaco brands.
VF Corporation Sees Fiscal Q2 Improvement But Americas Region Still a DD Drag
Revenue for the quarter amounted to $2.8 billion, down 6 percent year-over-year from the fiscal 2024 Q2 period. The company said the decline was a sequential improvement from the 10 percent decline in the fiscal 2025 first quarter.
Camping World Profits Plummet in Third Quarter on Lower ASPs
Profits at Camping World Holdings Inc. fell 73.9 percent in the third quarter ended September 30 due in part to lower average selling prices on new and used RVs. On a positive note, combined new and used same-store unit sales returned to positive growth.
Boot Barn Posts Another Strong Quarter; CEO to Exit to Ross Stores
Jim Conroy, the retailer’s CEO since 2012, is stepping down to assume the role of CEO of Ross Stores. John Hazen, Boot Barn’s chief digital officer, will assume the role of interim CEO.
Rural King Opens Newest Store in Hopkinsville, KY
The store boasts a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.
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