Blue Water Acquires Santee Lakes KOA Journey
Rafael Correa, president of Blue Water Development, said, “By investing in significant property enhancements at Santee Lakes KOA Journey, we aim to provide even greater value for our guests and make this picturesque resort a standout destination.”
Marriott International Acquires Postcard Cabins and Trailborn
Marriott has expanded its outdoor-focused lodging offerings through two founding deals in the outdoor lodging segment, acquiring the Postcard Cabins brand, formerly Getaway Outposts, and signing a long-term agreement with Trailborn.
Costco Says Consumer is Healthy as it Reports 7.5 Percent Q1 Sales Growth
The commentary surrounding the fiscal 2025 first quarter results for Costco Wholesale Corporation ranged from “mixed” to “beats” to “strong” on Thursday, December 12 after the retail warehouse giant posted its operating results for the twelve weeks ended November 24.
Ororo Launches the Koldpwoof Heated Dog Vest
The Koldpwoof Heated Dog Vest offers two adjustable heating settings—high and low—and provides up to 9.5 hours of warmth, powered by a rechargeable battery. It also features a no-heating night mode.
EXEC: Giant Group’s 2024 Trend Degrades Further as November Sales Fall 16 Percent
The Taiwan-based bike manufacturer saw its 11-month year-to-date (YTD) sales trend fall further in November after mid-single-digit declines in October and September.
EXEC: Roots Sees Solid Q3 Growth Continuing into Fourth Quarter
Roots Corporation reported that total fiscal third quarter sales were CN$66.9 million for the 13-week period ended November 2, a 5.3 percent increase as compared to CN$63.5 million in Q3 2023, led by double-digit growth in P&O sales.
Nordstrom to Open New Rack Store in Lubbock, TX
The 30,000-square-foot store will be located in West End Center, which includes Costco, Nike Factory Outlet, Bass Pro Shops, World Market, and Marshalls/HomeGoods, among others. Graco Real Estate Development owns and manages the West End Center in Lubbock, TX.
Db Bags Receives Minority Investment from LVMH Luxury Ventures Fund
Db, the Scandinavian luggage and backpack brand, announced a minority investment from LVMH Luxury Ventures Fund I (LLV), the company’s first investment in Norway.
OrthoLite China Named to Guangdong’s Top 500 Manufacturing Enterprises for 2024
The Guangdong Provincial Enterprise Confederation and Provincial Entrepreneurs Association in the Guangdong province of China release the Top 500 list.
United Wheels Appoints New VP of Brand and DTC Marketing
Chris King takes the helm as the company’s VP of brand and DTC marketing. With over 25 years of experience, King will drive brand awareness and consumer engagement across UW’s portfolio.
Under Armour Celebrates Flagship Brand House Opening at New Baltimore HQ
Under Armour hosted a community event this past weekend to mark the official grand opening of its UA Flagship Brand House at Baltimore Peninsula.
EXEC: Macy’s Completes Investigation into Accounting Issues; Lowers Q3 EPS Guidance
The retailer is now reporting it is revising its EPS guidance downward, an announcement that sent M shares tumbling nearly 10 percent in pre-market trading on Wednesday, December 11.
EXEC: Adidas HQ Raided Amid On-Going Tax Probe
Adidas has reassured stakeholders that it has compiled and has been cooperating with authorities over an extended period, furnishing them with the documentation and pertinent information required to the tax investigation.
EXEC: Far Bank Evolves European Distribution with UK-Based Guide Flyfishing
Guide Flyfishing will be taking over Scandinavian distribution responsibilities effective January 1, 2025, and throughout the Republic of Ireland beginning February 1, 2025.
Inov8 Founder is Back as CEO; Price Returns as Director
Wayne Edy, founder of Inov8, will again lead the company as CEO. Michael Price returns to the company as product and marketing director, having worked at Inov8 from 2016 to 2022.
