Lazydays Holdings Removes “Interim” from CEO’s Title, Implements Reverse Stock Split
Ron Fleming becomes the company’s CEO after serving in the role on an interim basis since September 2024. The company’s primary intention for the reverse stock split is to increase the per-share market price of its common stock, seeking to regain Nasdaq market compliance.
Report: Bain Capital Mulls Selling Canada Goose Stake
Discussions remain in the early stages, and there is no guarantee that a transaction will take place, the sources added. Other shareholders may also consider participating in a deal.
REI Sets Grand Opening for Store in Elk Grove
REI Co-op set plans to host a grand opening of its new store in Elk Grove, CA which is part of the Sacramento metropolitan area in Northern California.
The Buckle’s June Sales Climb
The Buckle, Inc. reported that comparable store net sales increased 3.8 percent in June. Net sales grew 4.7 percent to $106.5 million from net sales of $101.7 million a year prior.
Pentland Returns Ellesse to U.S. in New Licensing Deal
The exclusive, long-term licensing partnership will see The Iconic Brand Corporation design, develop, produce, and market Ellesse apparel and accessories in the U.S. in collaboration with Ellesse’s London team. The first collection will launch in Spring 2026.
Osprey and Hydro Flask Parent’s Home & Outdoor Segment Sales Retreat in Fiscal Q1
Helen of Troy, Ltd. reported sales in its Home & Outdoor segment, which includes Hydro Flask, Osprey and Oxo, declined 10.3 percent in the fiscal first quarter ended May 31 due in part to weaker demand for insulated beverageware and the cancellation of orders due to tariffs. Sales are expected to decline in the range of 16.5 percent to 11.5 percent in the fiscal second quarter.
Solo Brands Executes Reverse Stock Split
The parent of the Solo Stove, Chubbies, Isle and Oru brands implemented a 1-for-40 reverse stock split of its common stock to restore compliance with the New York Stock Exchange listing standards.
Allbirds Names Three Additional Distributors
With the completion of the three agreements, Allbirds has now signed distribution deals with 16 companies globally since shifting its primary distribution strategy from direct-to-consumer to wholesale distributors.
USTA Hires Chief Growth Officer
Mike McGoohan, former president and chief growth officer of Solo Stove, was appointed to the newly created role of chief growth officer for the United States Tennis Association (USTA). Reporting into McGoohan are Play & Competition, USTA Coaching, Marketing, Digital Strategy, Strategy & Innovation, and Industry & Sales departments.
Columbia Sportswear Opens Largest Store in Japan
The flagship store in Harajuku, Tokyo, marks the brand’s largest retail location in Japan to date, spanninb roughly 2900 square feet across two levels.
NRF: Import Cargo Levels Drop Again After Tariff Delay Ends; Rebound Expected in July
Ports have not yet reported numbers for June, but Global Port Tracker projects the month to climb 5.9 percent from May but down 3.7 percent year-over-year. July cargo volume is expected to increase 2.1 percent year-over-year, but then fall 10.4 percent in August and 19.9 percent in September as previously paused tariffs take effect.
Head/Tyrolia Winter Sports Undergoes Management Reset
Head USA, Inc. reported that Jon Rucker, president of Head and Tyrolia Winter Sports for the last 15 years, departed from the company on June 27 to pursue a new opportunity. The company’s new structure for the segment will see Andrew Couperthwait as VP of Winter Sports Product & Marketing while Rob Mignon will continue as VP of Winter Sports Sales.
NFHS Rule Committee Rolls Out New High School Football Arm Covering Standard
The NFHS Football Rules Committee announced the requirement for this new standard in February 2025 and is designed to be a “fairness standard,” not a “safety standard,” aimed at maintaining fair competition in high school football.
Saks’ Debt Ratings Lowered On Proposed Restructuring
S&P Global Ratings lowered the credit ratings of Saks Global Enterprises, LLC, due to the luxury chain’s $600 million financing package, which it views as “tantamount to default.”
Decathlon Acquires French Cycling Team
The French sporting goods chain has agreed to become the sole owner of Decathlon AG2R La Mondiale UCI World Tour, the French cycling team with UCI WorldTeam status, at the close of 2025.
