NRF Economist Says Inflation and Interest Rates Remain Key to Economy
The NRF’s monthly review indicated that January’s 3.1 percent year-over-year (YoY) inflation, as measured by the Consumer Price Index, improved from December’s 3.4 percent but “still a considerable distance” from the Fed’s target of 2 percent.
Pard Optics Taps Zanders Sporting Goods as Distributor
Pard USA, headquartered in Reno, NV, entered the U.S. shooting sports marketplace after five consecutive years of double-digit growth in Europe.
NSSF: February Adjusted NICS Background Check Data Flat Year-Over-Year
For comparison, the unadjusted February 2024 FBI NICS figure of 2,336,390 reflects a 6.6 percent decrease from the unadjusted FBI NICS figure of 2,502,385 in February 2023.
Target Corp. Beats on Q4 Earnings Estimates but Sales Fall Short
Sales fell short of expectations in Q4 on a tough holiday selling period, but earnings beat estimates as the retailer posted GAAP and Adjusted EPS of $2.98, compared with $1.89 in Q4 2022. Analysts were reportedly looking for $2.42 a share.
BowFlex Inc. Files for Chap 11 Bankruptcy; Appoints Stalking Horse Bidder
The fitness company, formerly Nautilus, Inc., entered into a purchase agreement with Johnson Health Tech Retail, Inc. to serve as the Stalking Horse Bidder in acquiring substantially all of the company’s assets for $37.5 million in cash.
Worksman Cycles to Distribute Pacific Adaptive Tricycles
The long-time U.S. manufacturer of industrial-grade, heavy-duty cycles, is now the exclusive North American distributor for the Pacific Micah Adaptive Tricycle
Vigilant Gear Appoints New Company President
Ben Fleming joins Vigilant Gear, the parent company of Primary Weapons Systems and Lone Wolf Arms, as president. Fleming is an industry veteran with years of experience and passion for the shooting sports industry.
Gymshark Appoints First Chief Digital Officer
Carly Natalizia was promoted to Chief Digital Officer at Gymshark. She joined the company in 2022 as vice president of marketing, International leading the marketing team for the UK, EMEA and APAC. She was promoted to global marketing director in January 2024.
Swany America Snags 11-Year Smartwool Vet as VP of Sales
Todd Givnish is an industry veteran of the ski and outdoor verticals, having previously led Smartwool sales and marketing efforts for over a decade.
MasterCraft Appoints New CEO and Chair as Fred Brightbill Exits
Brad Nelson will become the company’s new CEO and be appointed to its Board of Directors, effective March 18. Nelson succeeds Fred Brightbill who is retiring as CEO on March 18.
BPI Outdoors Promotes Dakota Russell to VP of Sales
As VP of Sales for its Bergara Division, Dakota Russell is responsible for managing four independent sales agencies and 40 sales reps.
Longwood Hockey Acquires Palm Beach Ice Works and Palm Beach Breakers
This transaction launches the beginning of Robbins, Laferriere and the Longwood Hockey team’s efforts to revolutionize hockey in South Florida.
Life Fitness Promotes Mahadevan to Chief Commercial Officer
Andrew Mahadevan has led Life Fitness’ Asia Pacific region as vice president and managing director since 2019. His promotion follows the retirement of Frank van de Ven, Life Fitness’ current chief commercial officer.
Sea to Summit Expands Sales Reach in U.S. and Canada
Tandem West Sales will represent Western Canada, Agence Quartier General will represent Québec, Canada, and Caraway and Co. will represent the California and the Southwest regions of the U.S.
Cascade Health & Fitness Hires National Sales Manager
Matt Hennessey was hired as the national sales manager for Cascade Health & Fitness.
