GSM Outdoors Acquires Roboworm
Roboworm has produced hundreds of millions of bass worms. “When you think of impactful soft plastic brands in the bass fishing space, you can’t have the conversation without talking about Roboworm.” —Crispin Powley, SVP of fishing, GSM
SIA: U.S. Snow Sports Participation Surpasses 30M
SIA’s annual study highlights key trends and insights from the past season and a comprehensive view of the health and growth of the snowsports industry.
PrimaLoft Beefs Up Product Team
PrimaLoft, Inc. appointed Chris Gallo as senior vice president of product strategy and Andrea Paulson as senior vice president of innovation and technology. Gallo was most recently at Nobull while Paulson was at Saucony.
Firedisc Cookers Adds New Indie Sales Agency
The maker of portable cooking solutions hired Alexander-Townsend as its sales representative partner.
Scent Thief Retains New Sales Rep Group
The maker of scent control technology for the hunting industry retained The Outdoor Business Solutions Group, founded by Bill Harris and Brad Schorr, as its sales rep agency.
Supreme Acquisition by Oakley Parent Closes
EssilorLuxottica closed the previously announced transaction to acquire the Supreme brand from VF Corp for an aggregate base purchase price of $1.5 billion in cash.
Kizik Secures Japan and Canada Distribution
The hands-free footwear brand announced its expansion into Japan and Canada through strategic partnerships with Marubeni Consumer Brands Inc. and Kanner Corporation.
Foot Locker Partners to Expand into India
Foot Locker launched operations in India for the first time through licensing arrangements with Metro Brands Ltd operating Foot Locker physical stores and Nykaa Fashion operating the e-commerce business.
EVent Fabrics Announces New Hires
EVent Fabrics announced the hiring of Bartosz Lassak as senior sales manager for the Eastern U.S. region, Xie Yi as textile engineer and Terry Kim as senior consultant in Korea.
New York Sports Club Hit by Data Breach
New York Sports Club notified 19,836 individuals, believed to be all employees, that their personal data was stolen due to a data breach.
Shoes For Crews Names New Board Members
A global provider of slip-resistant safety footwear products, announced the selection of its new board of directors, which includes Donald Watros, Jame Donath, Chris Quinn, and Colin Browne. This new board brings years of experience working in the footwear, financial services and consumer product industries.
CheaperThanDirt Acquired by 2A Group
Based in Fort Worth, TX, the CheaperThanDirt.com brand offers a wide range of ammunition, shooting accessories, and outdoor gear. It began as a mail-order catalog business in the early 90s.
Nike Crushes Q1 EPS Targets, Warns of Guidance Adjustment
Nike Inc. reported earnings for its first quarter handily topped Wall Street targets, but said it was postponing its upcoming Investor Day and indicated it “would address its approach to guidance” on its quarterly analyst call in light of the appointment of Nike veteran Elliott Hill as CEO. Sales in the quarter were down 10 percent with declines of 13 percent in direct and 8 percent in wholesale channels.
Pvolve Studio to Add Third Location in SFO Bay Area
Local entrepreneur Venetia Vonich, teamed up with friend and business partner Lupita Romero to expand the company’s reach in the San Francisco Bay area.
Nordstrom Rack to Open New Store in Massachusetts
The 25,000-square-foot Nordstrom Rack will open in the fall of 2025 in the The Landing at Hyannis. Nordstrom operates seven Nordstrom Rack stores in Massachusetts, generating over 900 jobs statewide.
