EXEC: VF Corp. Confirms New Global Cuts; Analysts React to ICR Presentation
The parent company of The North Face, Vans, Timberland, Jansport and Dickies, among other outdoor and street lifestyle brands, continues to take action against the goals set out in its Reinvent turnaround plan.
Birkenstock Holding Makes Change at Chief Financial Officer Position
The company has appointed Ivica Krolo as chief financial officer of the Birkenstock Group, effective February 1. He succeeds Dr. Erik Massmann.
Far Bank Promotes Hamilton to CEO; Klein Remains on Board
The manufacturer and distributor of fly fishing products and services based in Bainbridge Island, WA has promoted Ryan Hamilton to CEO as it continues to strength its senior leadership team.
Moncler Appoints International Chief Brand Officer
In this newly created role, Rob Manley joins the company from Burberry, where he was the chief marketing officer until Fall 2024.
Wintersteiger Adds Sales Representation in PCT
CTS Sports, LLC, represents Wintersteiger Sports, Bootdoc and Hotronic in the Pacific Central Territory, including Northern Nevada and Northern California, effective January 1.
Report: Season-to-Date Occupancy Trended Down at Western U.S. Winter Resorts
Destimetrics is reporting that season-to-date occupancy trended down at the nation’s western-based winter resorts this year through December 31, despite good snow conditions across much of the region. The Business Intelligence platform for Stowe-based Inntopia is reporting findings from participating properties in 17 western resorts, noting the environment feels a lot like last season.
Vail Resorts Looks to Strong Season Pass Revenue for Early Season Stability as Visits Dip
The company expects to achieve full year performance within the Resort Reported EBITDA guidance range reiterated in December 2024. Guidance assumes a continuation of the current economic environment, industry normalization to pre-COVID guest behavior and normal wether patterns.
Amer Sports Sees Return of Former Communications and IR Chief Päivi Antola
Antola is returning to Amer Sports after leading corporate communications and investor relations from 2010 to 2018. She will join the company in April 2025 at the latest.
Leki USA Appoints National Sales Manager
Scott Park will oversee all sales operations for the brand’s summer and winter collections in the U.S., working closely with General Manager Chris O’Donoghue and Marketing Director Sven Brunso. He brings over 20 years of sales experience to the role.
EXEC: KT Tape Acquired by Consumer Healthcare Investment Platform
Founded in 2008, KT Tape has manufactured drug-free solutions to prevent and relieve pain and promote recovery. Palladin Consumer Retail Partners, previously known as Palladin Capital Group, acquired KT in 2014.
Modern America Campgrounds Acquires King Phillip’s Campground in Lake George, NY
With the acquisition of King Phillip’s, Modern America Campgrounds will expand its portfolio to 33 parks by the beginning of next season, with a reported three additional acquisitions in the pipeline.
Magnum Boots Inks U.S. Distribution Deal with K Brands
The company has appointed U.S. Army and industry veteran Glen Reich as executive director of K Brands, the newly formed brand management and distribution arm of Kroll Corporation, Inc.
Target Maintains 2024 EPS Guide, Posts 2 Percent Holiday Comp, Shifts Leadership Team
Holiday sales were reportedly driven by a nearly 3 percent increase in traffic, representing gains across both stores and digital channels. During November and December combined, digital sales grew nearly 9 percent over the 2023 period.
Parent of 5.11, BOA, Primaloft, and Velocity Outdoor Amends Management Agreement
Compass Diversified Holdings has entered into a Seventh Amended and Restated Management Services Agreement with Compass Group Management LLC, the company’s manager.
Revo Goes Direct to Optometrists with New Sales Structure
Through a partnership with Launchpad Vision, a commercialization services company closely associated with ClearVision Optical, gives Revo direct access to work with optometrists and their patients worldwide.
