EXEC: The Pro’s Closet is Back in Business Under New Ownership
Elshair Companies has acquired the TPC (The Pro’s Closet) brand and its intellectual property, marking the beginning of a new chapter for the “world’s largest and most trusted marketplace for pre-owned bikes.”
EXEC: LVMH-Backed Moncler Rumored to Have Interest in UK’s Burberry
Italian outerwear maker Moncler may be eyeing a bid for the iconic UK apparel company to create a luxury outdoor outerwear conglomerate, but luxury is not what it was six months ago, as Moncler turned negative in Q3.
BRP Inc. Hits Key Milestone in Finland Snowmobile Production
celebrating production of half a million snowmobiles on Finnish soil and BRP Finland has now started to produce all of of the company’s electric snowmobiles for all worldwide markets.
Yamaha Motor Corp to Cease Sale of E-Bikes to Dealers
The company has informed its Yamaha eBike dealers that it will withdraw from the e-bike business in the U.S. and cease selling bikes at the end of the year.
M&W Design Acquires Travel Posters
Travel Posters will continue to operate under its current name with its existing website, TravelPosters.com, with uninterrupted service. M&W said this new collection further enriches its portfolio and aligns with its values.
GSM Outdoors Acquires Northland Fishing Tackle
The Northland deal is the third since Platinum Equity closed on its acquisition of GSM Outdoors from Gridiron Capital in early October. GSM acquired Roboworm and K&E Tackle in early October.
ColdVentures Taps Former Camelbak Exec as Strategic Advisor
Joss Warburton most recently served as VP of product and innovation at CamelBak. Previously, he played key roles in PepsiCo’s sports and nutrition portfolio, which includes the pioneering hydration brand Gatorade.
Study: Out-of-Stocks Drive 66 Percent of Consumers to Another Retailer
“Right product, right place, right time’ echoes in every retail conference room. Yet as retailers have expanded their online assortments and marketplaces to attract new customers and traffic, it’s become more challenging to avoid frustrating shoppers when they can’t find their size or their desired item in-store.”
Living In Sunshine Appoints Mike Vavak as Sales Director
The eco-friendly surf and beach products company said Vavak brings a wealth of experience and a passion for supporting surf retail.
Norco Bikes to Assume Brand Control in Australia; Appoints GM
The BC-based mountain bike brand said the transition will take place in October 2025, and Chris Hennessey, who has been managing the Advance Traders business will move to Australia as general manager.
Vuori Opens London Flagship Store on Regent Street
Vuori opened a flagship store on London’s Regent Street, marking its second location in London and its first flagship internationally. It also operates flagships in Encinitas, CA location near its headquarters and in Manhattan.
KMD Brands Europe Appoints Outdoor Division Brand Manager
Pascale Kaiser is expected to lead the development and expansion of the Kathmandu and Oboz brands across Europe, reporting directly to the president of KMD Brands Europe.
EXEC: Fox Factory’s Specialty Sports Segment Gets Q3 Lift from Marucci and Bike
The SSG segment, which includes the Fox Factory, Marucci, Easton cycling, and Race Face brands, posted net sales of $150 million in Q3, compared to $72 million in Q3 last year, with nearly $50 million coming from the acquisition of Marucci.
Camping World Holdings Prices Secondary Offering of Class A Shares
The company has priced an underwritten public offering of 14,634,146 shares of its Class A common stock at a public offering price of $20.50 per share pursuant to a registration statement filed on Form S-3 with the SEC.
Unifi, Inc. Narrows Fiscal Q1 Net Loss on Solid Revenue Gains in Brazil Segment
Revenues from Repreve Fiber products were $44.7 million and represented 30 percent of net sales, compared to $42.5 million or 31 percent of net sales for the first quarter of fiscal 2024.
