SGB Update Outdoor

Cotopaxi Adds Vice President Positions To Fuel Growth

Cotopaxi reported it added three members to its senior leadership team to position the company for growth. They include Kamal Thota, vice president, Technology, Jason Hermann, vice president, Corporate Sales, and Charlie Mangini, vice president, operations.

Gyroor Recalls E-Bikes 

The Consumer Product Safety Commission reported it is working with Gyroor, a Chinese e-bike maker, to recall about 3,000 Gyroor C3 e-bikes because the battery packs could ignite. 

Johnson Outdoors Director To Exit Board

Johnson Outdoors, Inc.’s Board Director, William D. Perez, will not stand for re-election to the company’s board of directors during its 2023 Annual Shareholder Meeting.

TenPoint Crossbow Technologies Promotes VP Of Sales

TenPoint Crossbow Technologies reported it promoted Keith Arnold to vice president of sales. He joined the company in early 2019 and previously served as national sales manager and brand manager.

Winnebago Industries’ Q1 Revenues Fall 18 Percent

Winnebago Industries, Inc. reported sales slid 17.6 percent in the first quarter ended November 26 as a steep decline in Towable segment offset growth in Motorhome and Marine segments. Results were still easily ahead of analyst expectations.

November Retail Sales Dip 0.6 Percent

U.S. retail sales fell 0.6 percent in November from October but were up 6.5 percent year-over-year, the Department of Commerce reported. That compares with increases of 1.3 percent month over month and 8.3 percent year-over-year in October, which got a boost from earlier-than-usual holiday shopping driven by concerns that inflation would continue to increase prices.

HLC Expands Sales Rep Coverage

HLC, the U.S. sales agent for Marin Bikes, hired seven outside market development reps to support its brands, IBDs and the cycling community.