Skratch Labs Opens New European Headquarters and Distribution Facility
Skratch Labs, based in Boulder, CO, expanded its distribution network to Europe to serve endurance sports retailers and establish Skratch’s DTC online sales capabilities through its new European domain. Skratch Labs tapped industry veteran Sebastian Eckmann as managing director to lead European operations.
BikeCo Appoints U.S. Sales Manager, Adds New Sales Agencies
Anthony Mikrut has been appointed U.S. sales manager and the company added five new sales agencies across key regions to reflect BikeCo’s commitment to expanding its sales network and enhancing customer service across the United States.
Xponential Fitness Appoints Former Adidas NA President as CEO
Mark King, the former president of Adidas North America, was hired as Xponential Fitness’ new CEO. He will also join the company’s Board of Directors.
X-Vision Optics Partners with Two New Rep Groups
X-Vision Optics reported that this collaboration “marks a milestone for the company as it seeks to broaden its market presence and enhance accessibility in all 50 States to its diverse range of night vision and thermal optics solutions.”
AnyCreek Secures $1.8 Million in Funding
AnyCreek, the Memphis, TN-based guided fishing and hunting experiences company, announced the completion of a $1.8 million seed funding round, brining total funding since its launch in 2022 to $3.3 million.
Adidas Investigating China Corruption Allegations
Adidas received an anonymous letter indicating potential compliance violations in China and is “intensively investigating this matter with external legal counsel.
Orion Wholesale Promotes Nicholson to VP of Sales
Matt Nicholson is now responsible for sales team leadership, expanding new sales territories, developing new distribution channels and contributing to the company’s marketing and business strategies, reporting to CEO Brent Taylor.
Heckler & Koch Hires Sales Manager
Heckler & Koch welcomed back John Harrison as sales manager. Most recently, Harrison was the director of sales and marketing at PTR Industries, LLC, from 2017 to 2023. ·
Piper Sandler Bolsters Consumer Equity Research Team
Anna Andreeva will join the New York office and is responsible for footwear, softlines and global brand analysis. Andreeva began her career in equity research at J.P. Morgan, where she was part of the number one-ranked Institutional Investor team covering specialty retail.
Vista Outdoor Sees Alternative Ammo Bidder Withdraw Offer
The alternative party that made a play for the company’s ammo business last week has withdrawn its offer to acquire The Kinetic Group, Vista’s ammunition business.
Rapala VMC Makes Big Changes in Global Management Team
Ohvo, managing director of Marttiini and Rapala VMC North Europe; Ravennil, EVP and head of distribution in APAC countries and global rods; and Tuominen, EVP of global business development and IT, left the company on June 14.
Consumer Sentiment Falls to 7-Month Low
University of Michigan Survey Director Joanne Hsu stated, “While consumer sentiment declined this month, the 3.5 Index point dip is relatively minor in the grand scheme. That decline is within the margin of error for the survey.”
Auburn’s Aid Station, Trails and Ales To Close
The running store opened in 2018 and moved in June 2021 to 927 Lincoln Way in Auburn, CA, nearly doubling its square footage.
Duca Del Cosma Names Area Director In Southeast Asia
Amike Krakers, originally from the Netherlands, has lived in Asia for almost two decades and brings expertise to promoting lifestyle brands to the role that will see her support product distributors across the region.
Fromuth Racquet Sports Acquires Tennis-Point
Online retailer Tennis-Point, formerly owned by Signa Sports United, has been acquired by Fromuth Racquet Sport. In the short term, Tennis-Point will be operated as a separate business and keep its name and contact details.
