Report: RV Shipments Down Nearly 50 Percent in First Half
The RVIA’s June 2023 survey of manufacturers found that total RV shipments ended the month with 24,095 units, a decrease of 46.4 percent compared to June 2022. Halfway through 2023, RV shipments are down 49.2 percent.
Lazydays Closes on Knoxville RV Dealer Acquisition
Lazydays reported it completed the acquisition of Buddy Gregg RVs & Motor Homes in Knoxville, TN. The acquisition is expected to strengthen the company’s presence in the Knoxville market.
Life Fitness Hires New Chief Executive Officer
Life Fitness, the maker of commercial fitness equipment, tapped Jim Pisani as CEO effective immediately, with Paul Stoneham transitioning from a senior advisor to the company’s Board of Directors. Most recently, Pisani led the Outdoor & Recreation Business Segment for Newell Brands and was the global president of Timberland.
Ammo, Inc. Names New CEO
Ammo, Inc. promoted Jared Smith to chief executive officer. Smith joined the company in January 2023 as president and COO. Previously, he was the general manager of Fiocchi of America.
Report: U.S. Footwear Sales Slip in Q2 Despite Performance Footwear Growth
U.S. footwear industry sales revenue was down 5 percent in the second quarter to $10.3 billion, versus Q2 2022, according to Circana. Declines in leisure and fashion categories were offset by gains in performance footwear.
Academy Sports To Open Store in Fredericksburg, VA
Academy Sports and Outdoors, Inc. will open its first store in Fredericksburg, VA, in the fall of 2023; this is the retailer’s second store in Virginia. The store’s footprint is over 77,000 square feet.
LVMH to Sponsor 2024 Olympic Games in Paris
Luxury brand giant LVMH signed on as a premium partner for the Paris 2024 Olympic and Paralympic Games with its jeweler Chaumet designing the medals and fashion brands Louis Vuitton, Dior, Berluti and Sephora, as well as its Moët Hennessy wines and spirits division marketed during the games.
Paramount Headwear Rebrands to Imperial
Paramount Apparel International rebranded itself and introduced Imperial as its new corporate name. Paramount acquired the Imperial golf headwear brand in late 2012. This change reflects its commitment to the Imperial flagship brand.
Nextorch Opens Seattle Distribution Center
Nextorch Industries reported opening a new U.S. distribution center in Tukwila, WA, to service the U.S. market and reduce lead times for dealers.
Life Time’s Q2 Profits Surge
Life Time Group Holdings, Inc. raised its earnings guidance for the year after reporting a profit against a loss in the second quarter ended June 30 as adjusted operating earnings grew 115 percent. Revenue gained 21.8 percent.
Asics North America Names VP of U.S. Sales
Asics North America hired industry veteran Michael Dougherty as vice president of U.S. sales, effective immediately. He has over 15 years of global footwear industry experience, including at Clarks and New Balance.
Columbia Sportswear Company Hires Director of Strategic Accounts
Columbia Sportswear Company hired long-time Reebok and Adidas sales pro Dave Stellick as director of strategic accounts.
Adidas Outdoor North America GM Departs
Michael Kadous, North America’s senior director and GM for Adidas Outdoor, Terrex and Five Ten since March 2019, exited the brand.
361 Degrees Expands Spain Distribution with VC Sport
361 Degrees International reported it tapped VC Sport as its distributor for the 361º brand in Spain. The company will initially distribute the 361º basketball shoes this summer and expand the range to include running and lifestyle categories in 2024.
Camping World Acquires Indiana RV Dealer
Camping World Holdings, Inc. reported that it will acquire Mount Comfort RV in Greenfield, IN. The dealer sells Forest River, Coachmen, Tiffin, Newmar, and Winnebago products.