CGPR Taps Former Employee As Vice President
CGPR tapped former employee Charlotte Daher de Garcia as vice president.
Salt Life Inks Licensing Deal For Home Furnishings
Salt Life is expanding its product line to include the company’s first home furnishings collection—Salt Life Home—via a license agreement with Magnussen Home, offering U.S. customers coastal-inspired products for living, dining, entertainment, office, sleep, and other home spaces.
MarineMax Promotes Executive Officer To EVP
MarineMax, Inc. has promoted Anthony E. Cassella, Jr. to EVP finance and chief accounting officer.
Compass Diversified Posts Q4 Loss Despite Mid-Single-Digit Growth
Compass Diversified (CODI), which owns Velocity Outdoor, BOA, Marucci, Primaloft, 5.11 and others in the active lifestyle space, reported net sales in the fourth quarter of 2022 were $594.9 million, up 6 percent (+4 percent on a pro forma basis).
Mossberg Reorganizes Sales And Marketing Department
O.F. Mossberg & Sons, Inc., the firearms manufacturer headquartered in North Haven, CT, made personnel changes in its sales and marketing department, with Bill Brown becoming senior director of product management and Brian Krouse taking on the role of director of sales, effective March 1.
Lyman Products Names National Sales Manager And Product Manager
Lyman Products Corp. promoted Alex Hayowyk to national sales manager and Spencer Karoll to product manager.
Big 5 SG Sees Q4 Same-Store Sales Fall 13 Percent; Margins And Earnings Shrink
Big 5 Sporting Goods Corporation reiterated its fiscal 2022 fourth quarter net sales were $238.3 million, compared to net sales of $273.4 million for the fourth quarter of fiscal 2021. Same-store sales decreased 13.2 percent for the fourth quarter of fiscal 2022 compared to the fourth quarter of fiscal 2021.
Report: Shift In Buyer Intentions Show Conditions Normalizing For Boating Market
The boating market began to normalize in 2022 as buyer interest shifted and the number of boats sold globally decreased for the first time since the pandemic-driven boom.
RV Shipments Plunge In January As Towable RVs Fall By Two-Thirds
The RV Industry Association’s January 2023 survey of manufacturers found that total RV shipments ended the month with 20,405 units, a decrease of 61.8 percent compared to the record 53,351 units shipped in January 2022.
Wrangler, Lee Parent Posts Solid Q4 Results On Double-Digit U.S. Growth
Kontoor Brands, Inc. the lifestyle apparel company led by the Wrangler and Lee divested VF Corp. denim brands, reported fourth quarter revenue was $732 million, a 7 percent increase (+9 percent increase constant currency) over the prior-year comparable period. U.S. revenue was up 16 percent over the prior-year comparable period.
USA Archery Appoints Marketing And Communications Chief
USA Archery has appointed Richard Fleming as senior director of communications and marketing. Fleming brings with him more than 30 years in the sports industry as a writer, broadcast journalist, content creator, and digital and communications strategist.
MidwayUSA Names Outbound Logistics Manager
MidwayUSA recently promoted Kyle Smarr to logistics manager, outbound. He joined MidwayUSA in December 2008 as a logistics specialist and became the company’s logistics shipping supervisor in June 2020.
Target Ekes Out Fiscal Q4 Comp Sales Gain On Strong Traffic; Beats Expectations
Target Corporation reported that total comparable sales grew 0.7 percent in the fiscal fourth quarter ended January 28, reflecting comparable stores sales growth of 1.9 percent and a comparable digital sales decline of 3.6 percent.
Vortex Optics Acquires GeoBallistics
Vortex Optics acquired GeoBallistics, a Dallas, TX-based business providing ballistic mobile application software.
VF Prices €1 Billion Of Senior Notes To Fund Sustainable Development Goals
On the heels of a Moody’s Investors Service downgrade in the debt ratings of VF Corporation, the active lifestyle company has priced €500 million aggregate principal amount of unsecured senior notes due 2026
