Camping World Closes on Purchase of Three Hitch RV Locations
The deal includes three locations in Delaware, Pennsylvania, and New Jersey. Upon the completion of certain facility renovations, the Company intends to open these locations throughout the first quarter.
Johnson Outdoors Swings to Fiscal Q1 Loss as Sales Fall 22 Percent
All segments declined in double digits, with Fishing posting the biggest decline. Net loss was $15.3 million, or a loss of $1.49 per diluted share, compared to net income of $4.0 million, or 38 cents per diluted share in the prior-year first quarter.
Mondraker USA Appoints U.S. Sales Director
Mariano Gon was appointed U.S. sales director effective February 3, 2025. He has spent 25 years honing his sales and cycling industry expertise, strategic vision and passion to Mondraker’s growing U.S. presence.
Elan Sports Parent Appoints Korošec as SVP of the Company
KJK Sports, the Luxembourg-based parent of the Elan, Zegul, Tahe Outdoors, Core Kiteboarding, Baltik Vairas, and SIC brands, has appointed Melanja Korošec, a former Elan Group executive, as SVP of the company.
Taos Footwear Gets $65 Million Influx, Loans from Investment Firm
Prospect Capital Corp. has provided a first lien senior secured term loan, a first lien senior secured convertible term loan and a preferred equity investment to Taos Footwear Holdings, LLC in collaboration with the company’s founder and leadership team.
Crunch Fitness Opening in Lynchburg, VA in Summer 2025
Crunch Lynchburg will be located in a former Big Lots building on Wards Road. The 40,000-square-foot fitness facility will be operated by Crunch Fitness franchisee Fitness Ventures, LLC.
Cole Haan Opens Store in Flatiron District, its Third Location in New York City
The store is in a 1904 Neo-Renaissance landmark building. The company said the 1,622-square-foot retail space represents the company’s global store expansion initiative.
Nordstrom, Inc. Plans to Open New Rack Store in Lake Grove, NY
The new retail location expands the company’s physical footprint and economic impact in New York, where it currently operates five Nordstrom stores and 10 Nordstrom Rack stores, generating over 1,900 jobs statewide.
Club Pilates Franchisee Adds Master Franchisee Agreement for Three Additional Countries
TMCP Fitness LP and its Founders, Chris and Susan Fichaud, existing Club Pilates master franchisees in France, Ireland and Switzerland, and domestic franchisees in Texas, have added a new MFA for Belgium, Luxembourg and Monaco.
Ortholite Appoints Commercial Director for OrthoLite India
Pankaj Kumar joins OIN in its newly expanded manufacturing facility in Ambur, Tamil Nadu, India, which “enables increased capacity to two million pairs of insoles per month.”
Report: Flat U.S. Footwear Retail Sales Led by Sport Lifestyle Growth in 2024
Circana reports that U.S. footwear industry sales totaled $89.2 billion in 2024, a flat performance year-over-year, with the sport lifestyle category generating $31 billion in sales to lead all categories for the year.
Global Defense to Relocate Corporate Headquarters to Coral Springs
The U.S.-based importer, exporter and wholesale distributor specializing in firearms, parts, components, accessories, ammunition, and specialized equipment for commercial, military and law enforcement, will move its corporate headquarters to Coral Springs, FL, effective February 2, 2025.
Yamaha U.S. Marine Business Unit Promotes MD Kabir
Kabir was promoted to division manager, Operational Excellence, Manufacturing Support. In his new role, he leads support for North American Monozukuri (NAM) activities, Monozukuri-Lean Transformation and Continuous Improvement with a focus on profitability for Yamaha U.S. Marine Business Unit.
Turtleson Toasts Grover Walker on Account Exec’s Retirement
Grover Walker has represented Izod Lacoste, Corbin, Bobby Jones, and, most recently, Turtleson over his 50-year career. Turtleson has named Tammy Kaminsky, who joined the company in 2022 with over 30 years of experience representing global brands, to replace Walker.
Outdoor Retailer and Surf Expo Parent Re-Works Term Loan and Revolver
A portion of the proceeds of the Term Loan Facility were used to refinance all existing loans outstanding under Emerald’s previous senior secured credit facilities, and to pay costs and expenses in connection with the refinancing.
