BRP Inc. Merges Powersports and Marine Segments, Appoints New Leadership
The parent of the Ski-Doo, Sea-Doo and Lynx power sports brands has combined its Powersports and Marine organizational structures aiming at maximizing efficiencies and operational excellence, and appointed current execs to new leadership roles.
JD Sports Fashion Completes Acquisition of Polish Partner
In the financial year to January 2023, Poland-based Marketing Investment Group generated approximately £270 million in revenue. As of December 30, 2023, MIG operated 403 stores across 13 countries, including 23 JD stores.
Revo x Bode Miller Goggle Collection Enhanced with Eyeglass Prescription Insert
“The launch of Goggle Rx is a testament to our dedication to building the next generation of goggle technology that complements our customers’ active lifestyles.” — Cliff Robinson, CEO, Revo
Target Shuffles the Executive Deck in Legal, Operations and Merchandising
Michael Fiddelke has been named chief operating officer, effective February 4 and Rick Gomez and Jill Sando will split categories on the merchant side. Additionally, Target announced the upcoming retirement of chief legal and compliance officer Don Liu.
Birkenstock Posts Strong FY 2023 But Shares Down in Pre-Market
Birkenstock said it anticipates sustaining its profitable growth trajectory across its products and regions in fiscal year 2024, but it expects sales growth to moderate slightly from the trend in fiscal 2023.
Jam Collective Adds Three to PR Team
Heather Villanueva is the new PR director, Logan Waddell joins the company as a PR account manager and Cassidy Oonk as the agency’s executive operations manager.
Megabass of America Promotes Buttermore to VP Sales & Marketing
The North American arm of Japan’s builder of fishing tackle promoted Ryan Buttermore to VP of sales and marketing, effective January 2024.
Lazydays Rebrands, Changes Stock Symbol
“We are the portal for our customers to experience that feeling of adventure, and our goal is to provide products and services to make adventure accessible for everyone.” —John North, CEO, Lazydays
Census Bureau Sees Core 2023 Holiday Retail Sales Growth in Line with Inflation
Core retail sales during the 2023 holiday season, November and December combined, reportedly grew 3.8 percent versus the corresponding period in 2022, supported by continued inflation and despite high-interest rates.
Protect Our Winters Hires New CEO
Erin Sprague is the third CEO to lead POW, which was founded in 2007 by professional snowboarder Jeremy Jones.
GoPro to Acquire Forcite Helmet Systems
Through the acquisition, GoPro will work towards enhancing the performance and safety of motorcycle helmets with the long-term goal of tech-enabling other helmet categories.
Winmark Corp. Board Member to Exit
Mark Wilson informed Winmark that he will not stand for re-election to its Board of Directors at its next Annual Meeting of Shareholders in April 2024.
Camping World Reviewing Strategic Alternatives for Good Sam Business
Potential strategic alternatives for the company’s Good Sam business could include a potential sale, spin-off or other disposition of the business.
Jones Snowboards Fair Trade Certified
“…We hold all our factory partners to the highest social responsibility standards. Achieving Fair Trade Certification honors our longstanding commitment to the people who manufacture our products.” —Jeremy Jones, founder, Jones Snowboard
Big 5 Lowers Q4, Full-Year EPS Guidance as Q4 Comps Fall 17.7 Percent
Big 5 now expects to report a loss per basic share in the range of 38 cents to 40 cents, which compares to the company’s previous guidance for a fourth quarter loss per basic share in the range of 20 cents to 35 cents per share.
