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.
The Snow League Secures $15 Million in Funding
Launched in June by three-time Olympic gold medal winning snowboarder and entrepreneur Shaun White, The Snow League is the first professional winter sports league dedicated to snowboarding and freeskiing. Left Lane Capital led the $15 million funding round.
United Wheels Appoints New VP Operations and Supply Chain Management
The parent company of Huffy, Niner, Batch, and Buzz Bicycles, has appointed Ryan Karp as its new VP of Operations and Supply Chain Management. With over 20 years of experience, Karp will oversee the operations teams, rider services teams and supply chain management across multiple regions.
Filson Parent Appoints Tim Bantle as Brand President
The VF, Eddie Bauer, Black Diamond, TNF and Patagonia veteran will lead the next phase of growth and global expansion for the 128-year-old heritage brand.
EXEC: Perfect Moment Names Two Additional European Sales Agencies
New Look Fashion Deal will manage Perfect Moment’s wholesale distribution in Belgium, the Netherlands and Luxembourg (Benelux) and Bernd Schürmann will focus on Germany, Austria and Switzerland (DACH region).
Big 5 Sporting Goods Narrows Q4 EPS Guide After Comps Fall 6.1 Percent
The company now expects to report a loss per basic share in the range of 94 cents to 97 cents for Q4, which compares to previous guidance for a loss per basic share in the range of 80 cents to $1.05.
Under Armour Renews Global Eyewear Licensing Agreement with Safilo Group
Through the renewed agreement until 2031, the companies will offer sunwear and prescription eyewear solutions that support athletes on and off the field.
