Ammo Cuts Outlook On Soft Second Quarter
Ammo Inc. slashed its guidance for its fiscal year while reporting a small loss in the second quarter ended September 30 on a 21 percent revenue decline.
Lululemon Adds Board Member
Lululemon Athletica, Inc. said Isabel Ge Mahe had joined its Board of Directors, effective immediately. Ge Mahe is vice president and managing director of Greater China for Apple.
The Leisure Collective Hires VP Of Sales, Eyewear Division, Americas
The Leisure Collective, Inc., distributor of Creatures of Leisure, Otis Eyewear and Sito Shades, hired Scott Oliver as vice president of sales, Eyewear Division, Americas. Oliver was, most recently, national sales manager, Smith Optics.
Calcutta Outdoors Welcomes President And General Manager
Ed Small, CEO of Peak Global Holdings, announced that Chris Carlisle was hired as president and general manager of Calcutta Outdoors.
Camping World Acquires Alabama RV Dealer
Camping World Holdings, Inc. has agreed to acquire Ashley Outdoors, a family-owned RV dealership in Salem, AL. The company expects to close the sale in the first quarter of 2023, adding to Camping World’s existing Alabama locations in Calera, Dothan, Anniston, and Robertsdale.
Primary Arms Optics Names Director Of Sales
Primary Arms Optics hired Scott Tirman as director of optic sales. Prior to the role, Tirman was the CFO and vice president of operations at Steyr Arms in Bessemer, AL.
Life Is Good Opens First California Store
Life Is Good opened its first store in California in La Jolla.
Gregory Sales Slip At Samsonite
Samsonite International S.A. reported sales of the Gregory backpack brand were down 2.7 percent on a currency-neutral basis in the third quarter.
Yue Yuen Sees Manufacturing Offsetting Retail Weakness In YTD Report
Yue Yuen Industrial (Holdings) Inc. reported revenue of US$6.972 billion in the nine months ended September 30, 2022, representing an increase of 8.2 percent compared to revenue of US$6.441 billion in the prior-year YTD period.
KMD Brands Adds Director
KMD Brands, Ltd., the parent of Kathmandu, Rip Curl and Oboz, announced that it had completed the process to hire an additional non-executive director to its Board. Zion Armstrong, former president of Adidas North America, agreed to join the company as a non-executive director, effective December 1, 2022.
Vista Outdoor Facing Possible Debt-Ratings Downgrade
S&P Global Ratings placed the debt ratings on CreditWatch with negative implications due to the potential spin-off of its Outdoor Products business.
Pro Athletes Join In Ownership Of Honey Stinger
Honey Stinger reported that ten professional athletes had joined in ownership of the company and its principal investor, Factory LLC, as part of a $15 million raise facilitated by Chaos Ventures.
SportChek’s Sales Dip In Third Quarter
Canadian Tire Inc. reported SportChek’s retail sales were down 1.5 percent in the third quarter with comparable sales down 1.0 percent over the same period last year.
Wolverine World Wide Re-Aligns Brand Structure, Leadership
Wolverine World Wide, Inc. is reorganizing its brand group structure into the Active, Work, and Lifestyle Groups and appointed new leadership for each group.
BEA Report Confirms Strong Recovery For Outdoor Recreation Industry
Inflation-adjusted GDP for the outdoor recreation economy increased 18.9 percent in 2021, compared with a 5.9 percent increase for the overall U.S. economy, reflecting a rebound in outdoor recreation after the decrease of 21.6 percent in 2020, according to new analysis released by the U.S. Bureau of Economic Analysis (BEA).
