LeMond Bicycles Names New CEO
LeMond Bicycles appointed Rick Adams as CEO. He replaces Dean Hendrickson, who will transition to CEO of LeMond Carbon.
OBIT: Bruce Katz
Bruce Katz, the co-founder of Rockport and the founder of Samuel Hubbard Shoe Company, has passed away. He was 75.
PureCycle Appoints New CEO
PureCycle Technologies Inc., the recycling start-up, announced three key leadership changes, effective August 5, 2022.
SportsPursuit Merges With Private Sport Shop
UK-based SportsPursuit, the online discount retailer and part of Baker’s bd-capital portfolio, announced it has merged with France-based Private Sport Shop.
Kohl’s Sale To Franchise Group Is Terminated
Kohl’s terminated acquisition talks with Franchise Group, owner of The Vitamin Shoppe. The company also cut its sales outlook for the second quarter.
Stan’s Fit For Your Feet Acquires Waxberg’s Walk Shoppe
Milwaukee-based Stan’s Fit For Your Feet is expanding into Chicagoland with the purchase of Waxberg’s Walk Shoppe.
L.L. Bean’s New Headquarters To Open Next Spring
L.L.Bean’s $110 million headquarters redevelopment will be completed two years ahead of schedule as the flexible work-from-home culture during the pandemic enabled construction to speed up, according to Mainebiz.com.
Recall: Rio-Branded Swinging Hammock Chairs
About 786,000 RIO-branded swinging hammock chairs from ShelterLogic are being recalled.
NRF Says Economy Is Slowing But Recession Is Unlikely In Near Term
The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the remainder of 2022, National Retail Federation Chief Economist Jack Kleinhenz said.
Winnebago Announces Senior Leadership Moves
Winnebago Industries, Inc. announced that Amber Holm accepted the position of senior vice president, chief marketing officer. Sri Koneru was promoted to senior vice president, chief information officer and Chad Reece was promoted to vice president, government and industry relations.
American Sportfishing Association Elects Board Of Director Members For 2023
Four members of the American Sportfishing Association (ASA) were elected to fill two At-Large seats and two regional seats on the board of directors.
The Lycra Company Announces New Equity Ownership
The Lycra Company announced that a group of financial institutions, comprising Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Limited (“New Shareholders”), have gained complete equity control of the company.
GunBroker.com Parent Sees Robust Growth In Fiscal Year
Ammo, Inc., the owner of GunBroker.com, reported net revenues increased 285 percent in its fiscal year ended March 31, to $240.3 million.
Stio Hires Industry Veterans To Lead Product Design And Development
Stio, the mountain lifestyle brand headquartered in Jackson Hole, WY, has hired Margaret Eder as product line director and Eryn Gregory as product design and development director.
Kanbrick Acquires Marine Concepts
Kanbrick announced it had acquired Marine Concepts, a provider of custom boat cover systems.
