NRF: Economic Conditions Look Like A Soft Landing, Not Recession
Economic indicators are giving conflicting signs but the nation does not appear to be in a recession and should be headed toward a soft landing from the rampant inflation and high interest rates of the past two years, according to National Retail Federation Chief Economist Jack Kleinhenz.
Report: Labor Still A Top Challenge For Manufacturers As Optimism Remains Low
As rising interest rates, poor economic conditions and an ongoing talent shortage continue to plague manufacturers, optimism amongst industry leaders remains low, according to a new industry report.
Camping World Acquiring Mid-Atlantic RV Dealer
Camping World Holdings, Inc. is set to acquire Hitch RV, including three locations across Delaware, Pennsylvania, and New Jersey. It is anticipated to close in the third quarter of 2023.
The Dyrt Hires First Head Of Sales
The Dyrt, an app for camping information and booking, hired Rob Hudson as head of sales. Hudson has spent two decades in advertising media and technology, most recently as senior sales director at Outside Interactive for the past three years.
RVIA 2023 Shipment Forecast For RVs Lowest In More Than 20 Years
RV wholesale shipments are projected to climb into the mid-300,000 unit range in 2024 after finishing 2023 in the 300,000-unit range, according to the Summer 2023 Issue of RV RoadSigns, the quarterly forecast prepared by ITR Economics for the RV Industry Association.
G-Form Awarded $1.2 Million R&D Agreement With U.S. Army
G-Form has secured its first Other Transaction Authority Agreement for Prototype (OTAp) with the U.S. Army Development Command – Soldier Center (DEVCOM SC), which ensures the dominance of Army capabilities by creating, integrating, and delivering technology-enabled solutions for soldiers.
Helinox Names New Independent Sales Reps For New England
Helinox partnered with Mindful Outdoor Sales to support the brand’s continued growth in the Northeastern U.S. region.
Academy Sports Trims Full-Year Outlook On Q1 Shortfall
Academy Sports and Outdoors, Inc. slightly reduced its guidance for the year after reporting results for the first quarter ended April 29 missed plan although the sporting goods chains predicted sales would improve in the back half of the year.
Traeger Appoints Former Fanatics, UA Ops Chief As President Of Meater Brand
Traeger, Inc. appointed Jim Hardy as president of the Meater brand. Hardy has been the COO of Traeger since September 2022 and previously as its chief supply chain officer since March 2021. Hardy held the position of COO of Fanatics, Inc. and was EVP of global operations for Under Armour, Inc.
NSSF-Adjusted NICS Background Checks Flattish In May
The May 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1,174,142 is a decrease of 0.1 percent compared to the May 2022 NSSF-adjusted NICS figure of 1,174,791.
Winchester Ammo Parent Adds Board Member
Olin Corp., the parent of the Winchester firearms brand, appointed Julie Piggott to serve on the company’s Compensation Committee and Nominating and Governance Committee of Olin’s Board.
BRP, Inc. Appoints New President Of Its Marine Group
BRP, Inc., the parent company of the Sea-Doo, Ski-Doo and Lynx brands, appointed long-standing BRP executive Bernard Guy as president of its Marine Group effective immediately.
Mountain Khakis Hires New Sales Director
With 20-plus years of experience in sales and retail roles, Mountain Khakis hired Justin Julian as sales director.
Camping World Holdings To Acquire RV Center Outside Seattle
Camping World Holdings, Inc. plans to acquire Roy Robinson RV Center in the greater Seattle, WA market. The acquisition will reportedly close in the third quarter of 2023, increasing Camping World’s Washington location count to seven.
SGB Media Reports Top 25 Most-Read Articles For May 2023
SGB Media’s Top 25 most-read articles for May 2023 include the unfortunate news about an industry leader passing away; staff cuts at various companies; a lawsuit against former employees; tough Q1 results amid heavy inventories for both brands and retailers; and several reports covering the Adidas x Yeezy debacle. On the upside, the top stories SGB Media covered for the month included…
