Study: Out-of-Stocks Drive 66 Percent of Consumers to Another Retailer
“‘Right product, right place, right time’ echoes in every retail conference room. Yet as retailers have expanded their online assortments and marketplaces to attract new customers and traffic, it’s become more challenging to avoid frustrating shoppers when they can’t find their size or their desired item in-store.”
Living In Sunshine Appoints Mike Vavak as Sales Director
The eco-friendly surf and beach products company said Vavak brings a wealth of experience and a passion for supporting surf retail.
Norco Bikes to Assume Brand Control in Australia; Appoints GM
The BC-based mountain bike brand said the transition will take place in October 2025, and Chris Hennessey, who has been managing the Advance Traders business will move to Australia as general manager.
Vuori Opens London Flagship Store on Regent Street
Vuori opened a flagship store on London’s Regent Street, marking its second location in London and its first flagship internationally. It also operates flagships in Encinitas, CA location near its headquarters and in Manhattan.
KMD Brands Europe Appoints Outdoor Division Brand Manager
Pascale Kaiser is expected to lead the development and expansion of the Kathmandu and Oboz brands across Europe, reporting directly to the president of KMD Brands Europe.
EXEC: Fox Factory’s Specialty Sports Segment Gets Q3 Lift from Marucci and Bike
The SSG segment, which includes the Fox Factory, Marucci, Easton cycling, and Race Face brands, posted net sales of $150 million in Q3, compared to $72 million in Q3 last year, with nearly $50 million coming from the acquisition of Marucci.
Camping World Holdings Prices Secondary Offering of Class A Shares
The company has priced an underwritten public offering of 14,634,146 shares of its Class A common stock at a public offering price of $20.50 per share pursuant to a registration statement filed on Form S-3 with the SEC.
Unifi, Inc. Narrows Fiscal Q1 Net Loss on Solid Revenue Gains in Brazil Segment
Revenues from Repreve Fiber products were $44.7 million and represented 30 percent of net sales, compared to $42.5 million or 31 percent of net sales for the first quarter of fiscal 2024.
Kontoor Brands Posts Q3 Growth at Wrangler, Decline at Lee on Solid U.S. Gains
The increase for the third quarter was said to be driven by growth in global direct-to-consumer (DTC) and U.S. wholesale, partially offset by a decline in international wholesale revenue.
Hipcamp Acquires BookOutdoors
Campsite booking platform Hipcamp announced the acquisition of BookOutdoors, an online travel booking platform for campgrounds, RV parks, cabins, and glamping resorts.
Malibu Boats Posts Sequential Improvements in Revenues and Margins in Tough Q1
The financial performance this quarter reportedly reflects sequential improvements across revenues and margins as the company scaled back promotional activity and continued showcasing operating efficiencies
DPS and Phantom Glide Hires Head of Strategic Product Development
Since its invention over seven years ago, World Cup Nordic Combined champion Billy Demong has been an active Phantom Glide tester. He joins recently hired Ted Ligety as part of the design, development and business strategy team.
Nike, Inc. Shifts Senior Team Roles in Sports Marketing, Legal and Supply Chain
The company and new CEO Elliott Hill continue to make changes in its Senior Leadership Team (SLT), as it moves to position the company for renewed growth and brand energy.
BOA and Primaloft Lead Compass Diversified’s Q3 Active Brands Gains
Compass Diversified Inc. (CODI) reported sales grew 22.3 percent at BOA and 25.2 percent at PrimaLoft to lead the gains among its active lifestyle brands.
EXEC: Columbia Sportswear CEO Lays Out Brand’s “Accelerate” Growth Program
The company said the decline in net sales reflects lower Fall ’24 wholesale orders, as well as weak consumer demand in the U.S. partially attributable to warm weather and outdoor category headwinds. Mountain Hardwear was the only brand in positive territory.
