Revenue from sales of UTVs, ATVs, and E-Bikes increased 53.3 percent to $34.2 million in the second quarter, partially offset by a 73.5 percent decrease in revenue from sales of pontoon boats.
Category: Outdoor
509’s Winter 2025 Collection Delivers Breakthroughs in Performance
“The Winter 2025 Collection represents another leap forward in meeting the diverse needs of both mountain and trail snow riders.” —Alicia Anderson, managing director.
Farmers’ Almanac Releases Wet Winter Whirlwind Forecast
The Farmers’ Almanac warns that winter 2024/25 will be a “wet whirlwind,” meaning there will be a lot of precipitation and storms. Depending on where you live, you may see a lot of snow or rain.
Pacsun x Reese Cooper Bridge Streetwear and Outdoor with RCOS Collection
The collection offers a wide range of styles, from taped-seam shell pieces, insulated outerwear, and cargo pants to graphic tees, hoodies, sweatpants, and more. Cooper created the collection using technical fabrics like nylon, sherpa fleece, waffle knits, heavyweight cottons, and compression.
CNBC/NRF Retail Monitor Reveals Lower Growth in July Core Retail Sales Trend
July’s increase of 1.7 percent was half the June trend, which showed a 3.4 percent increase y/y. Sporting goods, hobbies, music, and bookstores were up just 1.1 percent y/y, while clothing and accessory stores fell 4.8 percent.
Rockport Secures Australia and New Zealand Distribution Partner
Rockport, acquired last year by Authentic in bankruptcy proceedings, retained Munro Footwear Group as its distribution partner for Australia and New Zealand.
Gregory Parent’s Debt Ratings Raised on Improved Credit Metrics
S&P Global Ratings upgraded the debt ratings of Samsonite International S.A., the parent of Gregory and High Sierra, due to improved credit metrics driven by strong operating performance and disciplined expense management.
The Ironman Group Appoints Managing Director of North America
Keats McGonigal began his career at The Ironman Group as an intern in 2007, rising steadily in responsibilities. In this new role, he leads the North American region’s more than 75 full-time employees and over 55 annual events across multiple sporting disciplines.
MasterCraft Boat Holdings Divests Aviara Brand to MarineMax Subsidiary
The Aviara brand will be transferred to Cruisers Yachts, a subsidiary of MarineMax, Inc. MarineMax will pay for all boats currently on order, in addition to select branding and operational assets, including Aviara’s website, tooling and inventory.
Former JCPenney CEO, Mike Ullman, Passes Away
In addition to his extensive career leading U.S. and global businesses, Ullman had significant experience in government, academia and philanthropic work focused on health care for those disadvantaged, among other humanitarian initiatives.
EXEC: Under Armour’s Shares Jump on Q1 Beat, Guidance Raise
Shares of Under Armour rose nearly 20 percent Thursday after the company notched a surprise quarterly profit before litigation-related charges as both gross margins and North America’s sales performance exceeded expectations. Under Armour slightly raised its outlook for the year.
NRF: Import Cargo Volume May Peak in August Ahead of Potential Port Strike
The contract between the International Longshoremen’s Association and the U.S. Maritime Alliance covering East Coast and Gulf Coast ports will expire on September 30. The ILA has threatened to strike if a new contract is not reached by then.
Elevate Textiles Names Head of Corporate Development and Strategy
Elizabeth K. Ren joins Elevate Textiles with over 20 years of experience in strategic planning, corporate development, investment banking, corporate finance, operations, and treasury. Her career has included key financial and executive positions across private and Fortune 100 companies, including Under Armour.
EXEC: Yeti Shares Surge as Company Delivers Continued Good News to Market
Growing margins, International growth, innovative new products, shifting sourcing, inventory control, new leadership and a new licensing partnership with the NFL rolled up into a very positive report and conference call on Thursday.
FCS Parent Acquires MFC Hawaii
The combined companies, MFC Hawaii and Australia-based FCS, will strive to drive advancements in fin technology. The acquisition will also allow FCS to expand into various watersports and utilize MFC’s manufacturing capabilities and distribution network.
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