Krimson Klover Hires Industry Vet as Director of Sales
Susie Wagner comes to the company with over 20 years of experience in the outdoor and lifestyle apparel industry, having led sales teams for Spyder, Under Armour, and Kari Traa.
Lev Tanju Joins Fila as Creative Director for Fila+
Fila appointed Lev Tanju, founder of the skatewear brand Palace, as Creative Director of the company’s new sportswear collection, Fila+.
Gildan Activewear Board Makes Extraordinary Next Move in Investor Fight
Gildan Activewear’s Board of Directors turned its ongoing tit-for-tat fight with investors over the ouster of former CEO Glenn Chamandy into a game of chess, taking the extraordinary move to bring its chosen CEO, Vince Tyra, in early.
Under Armour Appoints New Americas President and Chief Product Officer
The company appointed Yassine Saidi as chief product officer and Kara Trent as president of the Americas. Both will report to company President and CEO Stephanie Linnartz.
Safilo Group Extends Eyewear Global Licensing Deal with Hugo Boss
The parent company of the Smith Optics brand and licensee for various lifestyle and sports brands, including Under Armour and Tommy Hilfiger, renewed its global licensing agreement with Hugo Boss through December 2030.
Mondraker Opening U.S. Office; Appoints GM
The Mondraker USA team, led by long-time bike and triathlon industry vet Chris Bogue as general manager, includes Eric Richter, marketing director; Michael Kowalski, senior manager, customer service and sales operations; and Shane Hensley, manager, technical service.
TSG Consumer Partners Promote Five with Ties to Active Lifestyle Brands
The employees who were promoted have worked with companies in the active lifestyle industry, including Backcountry, Nuun, Canyon Bicycles, CorePower Yoga, Sunshine Fitness, and others.
GolfForever Closes on $10M Series A Funding Round
Clerisy, a consumer growth equity fund, led the funding round. Scottie Scheffler, the world’s No. 1 golfer and PGA Tour winner Tom Kim, joined the round as equity investors and serve as GolfForever brand ambassadors.
NMMA Sees New Powerboat Retail Sales Down Slightly in 2023
The National Marine Manufacturers Association reported that new powerboat retail sales are estimated to be down in 2023, approximately 1 percent to 3 percent, to 258,000 units.
Report: RV Shipments Post Rare Increase in November Led by Towables
Total RV shipments ended November with 25,160 units, an increase of 2.8 percent compared to the 24,470 units shipped in November 2022 due to the rise in towable RV’s. Total RV shipments are down 38.4 percent, with 291,652 units.
Kryptek Outdoor Group Expands International Distribution Efforts
The alliance with Highland Outdoors is set to enhance Kryptek’s presence in the UK, Ireland and beyond for the apparel brand, leveraging Highland Outdoors network and market expertise.
Scent Thief Hires Industry Vet as VP of Sales and Marketing
Langston’s career includes establishing and growing the Muzzy Broadheads, Hunter Safety System, Can Cooker, and Wac’ Em Broadheads brands.
Patrick Industries Inc. Acquires Sportech, LLC in $315 Million Deal
Following closing, Sportech will continue its operations as a wholly owned subsidiary of Patrick under the Sportech name and within its existing facilities.
Wolverine World Wide, Inc. Sells Sperry Brand
The sale of Sperry to Authentic Brands Group will reportedly generate total proceeds of approximately $130 million in the first quarter to pay down debt, further strengthening its balance sheet.
EXEC: Feng Tay December Trend Back in the Red and Full-Year Declines 10.6 Percent
Manufacturing revenues for one of the biggest Nike suppliers declined 1.7 percent in December to NT$7.7 billion, returning to the negative trend that has plagued the company for most of the year.
