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.
Columbia Sportswear Appoints Former Nike Brand President to Board
From 1979 to 2014, Denson held various positions at Nike, Inc., in different management roles, including president of the Nike Brand, a position he held from 2001 until his retirement in 2014.
USA Hockey Extends Deal with Winmark as Official Resale Partner
Winmark and its portfolio of resale brands, including Play it Again Sports, will continue its exclusive designation as the official resale partner of USA Hockey and as an official sponsor.
Crunch Fitness Opens Fifth Charlotte Location
The 44,000-square-foot fitness facility in Steele Creek occupies a former Club Fitness facility, representing the fifth Crunch location to open in Charlotte, NC.
Pure Hockey Acquires Arizona Hockey Retailer
The company said this strategic move to acquire Behind the Mask marks its first entry into the Arizona market and underscores the company’s commitment to serving the needs of hockey players across the United States.
REI Plans to Open 10 New Stores in 2024
The co-op will open stores at Arrowhead Promenade in Glendale, The River in Rancho Mirage, and St. George Place in St. George. The new St. George Place store will include a ski and snowboard shop.
