Costco’s Global Sales Climb 10 Percent In December
Costco Wholesale Corporation reported net sales of $26.15 billion for the retail month of December, an increase of 9.9 percent from $23.80 billion last year. U.S. sales were up 7.3 percent.
Report: U.S. Holiday Online Sales Grow 4.9 Percent
Online spending in the U.S. during the 2023 holiday season climbed 4.9 percent to $222.1 billion in November and December, according to Adobe Analytics. Growth was reportedly driven by sizeable discounts across electronics, toys and apparel, as well as increased usage of the flexible ‘Buy Now Pay Later’ payment option.
Lazydays Promotes Dillard to VP Operations
Amber Dillard was promoted to VP of operations, effective immediately. The company said Dillard’s tenure began in 2011, “reflecting over a decade of commitment and service to the company.”
Brooks Hires VP of Apparel and Accessories
Brooks Running hired Gabriel Rodriguez as VP of apparel and accessories. Most recently, Rodriguez was the director of run apparel and competitive train/Curry and basketball at Under Armour.
SFIA Re-Elects Ram as Chair; Adds Three New Board Members
SFIA re-elected Jonathan Ram, CEO of Clarks, Inc., as chairman of the Board of Directors for the 2024 term. Isabel Coscia, SVP of marketing at Technogym, Ryan Cruthirds, chief digital commerce and brand development officer at Implus LLC and Koichiro Kodama, president and CEO for Asics North America, were newly elected to the SFIA Board,
Riton Optics Appoints Marketing Director
Riton Optics hired Trent Marsh as marketing director. Marsh has almost 15 years of experience as a marketer in the shooting sports industry, having worked in the UTV, trail camera and optics categories.
Dead Air Silencers Promotes Tarantino to Head of Channel Development
Dead Air Silencers promoted Tony Tarantino to the newly created position of senior director of channel development, responsible for executing strategies and programs at the dealer and consumer levels to increase brand exposure.
Hornady Names Director of Manufacturing
Hornady Manufacturing Company hired Scott McKelvey as director of manufacturing, oversee manufacturing processes throughout all production divisions.
Iron Valley Supply Co. Welcomes New CEO
Iron Valley Supply Co., the distributor of firearms and accessories, appointed Clay Halla president and chief executive officer.
Camping World to Acquire Two Locations in Louisiana
Camping World Holdings, Inc. announced plans to acquire Bent’s RV, with two locations in Boutte and Albany, LA. The company expects to close the transaction in the second quarter of 2024 and increase its Louisiana location count to four.
The Buckle’s Comps Decline 6 Percent In December
The Buckle, Inc. announced that comparable store net sales for the 5-week period ended December 30 decreased 5.8 percent versus the year-ago period. Net sales decreased 5.0 percent to $203.8 million from $214.5 million a year ago.
Colt CZ Acquires Grenade Launcher Technology
Colt CZ Group SE, through its subsidiary Colt, acquired the intellectual property rights for the Mk 47 Automatic Grenade Launcher, including the Fire Control, from General Dynamics Ordnance and Tactical Systems.
Academy Sports’ Former President Lands at Groundworks
Groundworks, the foundation and water management solutions company, hired Michael Mullican as CFO. Last October, Mullican stepped down from Academy Sports as president and CFO to pursue personal and professional opportunities.
Digital Brands Group Lays Out Initial 2024 Guidance
In a release, the company said it expects first-quarter 2024 revenues to approximate $6 million, based on $4.5 million in confirmed wholesale bookings.
Chums Expands Marketing Team
Chums hired Grace Overby as its new marketing coordinator, enabling Maddy Morton to transition to the newly created role of creative brand manager.
