Camping World Profits Plummet in Third Quarter on Lower ASPs
Profits at Camping World Holdings Inc. fell 73.9 percent in the third quarter ended September 30 due in part to lower average selling prices on new and used RVs. On a positive note, combined new and used same-store unit sales returned to positive growth.
Boot Barn Posts Another Strong Quarter; CEO to Exit to Ross Stores
Jim Conroy, Boot Barn’s CEO since 2012, is stepping down to assume the role of CEO of Ross Stores. John Hazen, the company’s current chief digital officer, will assume the role of interim CEO.
Rural King Opens Newest Store in Hopkinsville, KY
The store boasts a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.
Mammut Sports Group Taps Matt Kaplan as Managing Director for North America
In his new role, effective November 18, Matt Kaplan will oversee business operations in the U.S. and Canada. Most recently, Kaplan was vice president of sales at Vail Resorts.
Crunch Fitness to Open Three New Gyms In Texas with Partner James Harden
Harman Fitness owns and operates Crunch locations nationwide.. Once the three new locations are open, the franchisee will operate seven Crunch gyms in Texas and over 40 nationwide.
Primark to Open Second Store in Queens, NY
The new 37,000-square-foot store at Queens Center in Elmhurst, NY will open on December 5. This is Primark’s second store in Queens, following its Jamaica Avenue location, and its tenth store in New York.
U.S. Golf Rounds Played Increase for Second Straight Month
Golf Datatech, a subsidiary of Circana, reported that golf rounds played in the U.S. increased 3.6 percent in September and are now ahead 1.7 percent in the first nine months of 2024.
RealReal Names New CEO
RealReal appointed Rati Sahi Levesque, the luxury resale marketplace’s president and COO, as CEO, effective immediately. Levesque succeeds John Koryl, who has departed from the company and no longer serves on the Board.
X-Bionic Secures Investment from Olympic Skier Marco Odermatt
X-Bionic reported that Olympic gold medalist and three-time Alpine World Cup champion Marco Odermatt has become an investor in the Swiss apparel specialist. The amount of the investment was undisclosed.
Newton Golf Expects Robust Q3 Sales Growth
Newton Golf Company, formerly Sacks Parente, reported preliminary results for the third quarter ended September 30 showing sales expected in the range of $1.15 million to $1.25 million against $95,000 in the year-ago quarter. Sequentially, sales grew 48 percent at the midpoint of the range over $813,000 in the second quarter.
Adidas’ Debt Rating Outlook Upgraded as H1 Performance Exceeds Targets
S&P Global Ratings raised its debt ratings outlook on Adidas AG to stable from negative due to the company’s stronger-than-expected operating performance and its expectation that the brand’s growth momentum will continue.
Kampgrounds of America Hires SVP, Franchise Operations
Mark Lemoine reportedly brings first-hand franchise experience to KOA’s executive leadership team. He has owned and operated the Coloma/St. Joseph KOA Holiday in southwest Michigan since 2016.
OluKai to Open Store at Walt Disney World Resort
OluKai plans to open a store at Disney Springs, an outdoor shopping complex at the Walt Disney World Resort in Lake Buena Vista. The opening will mark the Hawaii-based sandal maker’s first store in Florida.
Winnebago Industries Closes Out Fiscal Year with Q4 Loss; Shuffles Leadership Deck
CEO Michael Happe announced leadership changes focused on enhancing the Winnebago Motorhome and Winnebago Towables businesses, which he noted have underperformed in recent quarters.
K-Way Finds New Minority Equity Partner
Founded in 1965 in Paris by Leon Claude Duhamel, K-Way manufactures apparel, shoes and accessories for men, women and kids, including its iconic packable waterproof jacket, the “Claude,” with its distinctive colorful zip and logo inspired by the French national flag.
