S’Well Launches Latest Hydration Product with Explorer Bottle
S’well’s latest product, the Explorer Bottle, uses the same technology as the brand’s original bottles and tumblers but with a new shape for increased functionality when hydrating on the go.
REI Co-Op to Lay Off 357 Non-Store Staff; Forecasts Revenue Decline for 2024
The move sees 357 employees affected, “impacting 200 people at the headquarters, 6 in S&CS, 30 in Experiences, and 121 in our distribution centers,” according to the CEO’s letter obtained by SGB Executive. The senior leadership team will be pared down 22 percent in 2024.
KOA Expansion in Full Swing, Exceeding 510 Locations in 2023
The 20 new agreements in 2023 were said to be attributed to the KOA franchise development team’s efforts, marking a significant increase from 14 agreements in 2022.
RV Shipments Up 8.1 Percent in December, Down 36.5 Percent for 2023
Towable RVs, led by conventional travel trailers, ended the month up 11.4 percent from December 2022, while Motorhomes finished the month down 9.4 percent compared to the corresponding month in 2022 with 2,842 units.
Macy’s Shares Recover on Rumors of Another Buyout Bid
Sycamore Partners, the owner of retail brands Ann Taylor and Talbots, has been negotiating with Macy’s since December.
Nordstrom Adding Rack Location in Fort Myers, FL
The 31,000-square-foot store will be located at Bell Tower, a central shopping, dining, and entertainment complex in Fort Myers.
GearJunkie Parent Acquires Pack Hacker
Pack Hacker’s focus on travel gear reviews and buying advice is expected to complement AllGear Digital’s brand portfolio covering outdoor sports, cycling, surfing, and other outdoor pursuits.
Shot Scope Debuts Pro ZR Laser Rangefinder
“Shot Scope is very excited to innovate the laser rangefinder category once again with a device that provides the best combination of distance and accuracy, with a construction and design that offers unmatched durability for handling harsh conditions on the course.” —David Hunter, CEO of Shot Scope.
Report: Nearly 8 of 10 Online Chargebacks Originate from Consumers, Not Fraud
Based on anonymized data obtained from Chargeflow’s merchant database, the company’s 2024 report found that 79.03 percent of chargeback cases result from friendly fraud, driving the need for businesses to adopt automated fraud detection solutions and educational initiatives.
Ashworth Golf Debuts “Insanely Soft and Stylish” Golfman Hoodies for 2024
“The popularity of the Golfman Hoodie among PGA Professionals speaks volumes to the incredible fabric, super soft feel and consumer affinity for the Ashworth brand.” —Eddie Fadel, President, Ashworth Golf
Marine Products Corp. Sees Q4 Boat Unit Sales Sink 34 Percent
The parent of the Chaparral and Robalo boat brands said Q4 net sales came in at $70.9 million, down 35 percent from Q4 2022, primarily due to a 34 percent decrease in the number of boats sold during the quarter.
Report: Camper’s Preferences Could Mean More Business, New Employees
KOA created its 2023 Odds and Ends report to bring quirky and intriguing findings that showcase travel’s diversity and evolving nature. Many could mean more business for outdoor brands, retailers, campgrounds, and RV dealers.
EXEC: Amer Sports Expects 2023 Full-Year Revenues North of $4.35 Billion
Revenue reportedly increased across all operating segments, geographic regions and channels, according to the company’s recently amended F-1 filing statement. The company sees its annual net loss contracting but EBITDA expanding for the year.
JLab Partners with PGA Tour Pros
JLab plans to add to its roster of international golfers in 2024 as its product assortment and brand grow globally in the US, Europe and APAC. JLab is available in more than 100 countries.
Phantom Glide Expands Sales Team in U.S. and Europe
“With the launch of Phantom Glide Nordic and the strong momentum we’re seeing with Phantom Glide sales, we jumped at the opportunity to add two veteran sales managers to the team.” —Steve Kropf, Senior Vice President, Sales, Phantom Glide.
