Rapala VMC Cutting Jobs, Looking for Cash as H1 Results Disappoint
Rapala VMC reported that current market conditions continue to pose challenges as the de-stocking process at the retail and wholesale levels has persisted for a longer duration than the company initially anticipated.
Yamaha U.S. Marine Appoints Marine Technical Support Manager
Yamaha U.S. Marine Business Unit promoted John Wilkinson to Marine technical support manager, Yamaha Marine Customer Experience Division.
The North Face Opens Location at Woodlands Mall
The North Face opened a new store at The Woodlands Mall, marking its eighth store in Texas.
Arc’Teryx to Open Store at Tysons Corner Center
Arc’teryx announced plans to open a store at Tysons Corner Center in Tysons, VA, its eighth store in the U.S.
EXEC: Mips AB Sees Q2 Sales Halved on Tough Bike Inventories, Late Season Start
Swedish helmet technology provider Mips AB saw second-quarter revenues cut in half from the year-ago comparable period, led by a continued sharp decline in the company’s Sport and Moto businesses.
The Running Event Partners with NSRA to Open TRE to Indie Shoe Retailers
The Running Event (TRE) has partnered with the National Shoe Retailers Association (NSRA) to grow TRE’s support of the specialty retail industry.
UPS Returns to Negotiating Table with Union
United Parcel Service said it would return to the bargaining table with a better offer for roughly 340,000 Teamsters-represented U.S. workers before their contract expired on July 31.
Salewa USA Recalls Certain Cable Wire Chocks Due to Fall Hazard
The recall involves Wild Country brand Superlight Rocks (model number 40-RSL) and Superlight Rocks Set 1-6 (model number 40-RSLSET) single cable wire chocks used for climbing. When exposed to seaside conditions, corrosion could occur and weaken the cable chocks and break.
CPSC Warns Consumers to Stop Using SQM Bike Helmets Sold on Amazon
The U.S. Consumer Product Safety Commission (CPSC) issued a warning to consumers to stop wearing SQM bicycle helmets. The helmets could fail to protect riders in the event of a crash, posing a risk of head injury. The seller, SQM, headquartered in China, has not agreed to recall the helmets.
Camping World Opens First Montana Dealership
Camping World Holdings, Inc. opened an RV dealership in Billings, MT. The company is looking to grow its store count by 50 percent over the next five years.
Canada Ports’ Wage Agreement Rejected, Strike Threat Continues
Canada’s west coast ports’ dockworkers’ union voted against the federal mediator’s “recommended terms of settlement” for the contested collective bargaining agreement, threatening to again shut down British Columbia’s ports.
VF Corp. Names New VP/GM For Vans EMEA Region
VF Corp. promoted Andreas Olsson to VP/GM of Vans EMEA, effective July 17. Olsson had been the VP of sales at Vans for the EMEA region.
QBP Named Exclusive Distributor of Sidi Cycling Shoes and Accessories
QBP said it is launching its long-term partnership with Sidi and existing Sidi retailers in the U.S. with a prebook sales program for the 2024 collection of road, mountain and gravel shoes, and accessories.
Carbitex Founder Returns as President; Outsources Manufacturing to Asia
In a strategic shift in manufacturing operations, Carbitex Founder Junus Khan is stepping back into the role of company president, and the company hired Patrick Sinner to lead brand product development.
Backpacker’s Pantry Hires Director of Marketing
Backpacker’s Pantry and Astronaut Foods hired industry veteran Chris Dickerson as its new marketing director.
