Rockport’s Sale To Authentic Secures Court Approval
Authentic Brands Group reported that The U.S. Bankruptcy Court for the District of Delaware approved the sale transaction of Rockport. Authentic also signed a long-term licensing agreement for Rockport with Marc Fisher Footwear.
Foot Locker to Open First Store in Thailand
Foot Locker reported it is ready to open its first retail store in Thailand after transferring its operations in Singapore and Malaysia to MAP Active earlier this year.
Luth-AR Appoints National Sales Manager
Luth-AR, LLC announced that longtime firearms salesman Shane Cuperus received a promotion to a national sales leadership position, effective immediately. Cuperus joined the company in 2019 as a general manager.
Marine Products Corp. Sees Q2 EPS Surge on Strong Double-Digit Sales Gain
The increase in net sales was said to be due to an 11 percent increase in the number of boats sold during the quarter and a 10 percent increase in the average selling price per boat, as well as an increase in parts and accessories sales.
Garmin Opens Firstbeat Analytics Lab
Garmin reported that it opened its Firstbeat Analytics Lab in Jyväskylä, Finland. The research and testing facility will support the development of smartwatches, cycling computers and advanced wellness products.
Big Agnes Closes On Purchase Of Steamboat Springs Headquarters
Firehouse Holdings, LLC, wholly owned by the Big Agnes Ownership Group, which has been leasing to Big Agnes its headquarters in downtown Steamboat Spring, CO, closed on the building’s purchase on June 30, 2023.
U.S. Consumer Confidence Jumps to Highest Level in Two Years
The Conference Board’s monthly Consumer Confidence Index hit 117 in July, rising from 110.1 the month before. The index increased for the third consecutive month, bounding even higher after a sharp upswing in June.
Xero Shoes Taps 20-Year Footwear Vet as Chief Product Officer
Xero Shoes hire Michael Pao as chief product officer, effective immediately. Pao’s hire comes as Dennis Driscoll, Xero Shoes’ chief product officer, retires after a nearly 50-year career in the footwear industry.
RG Barry Hires Director of Merchandising for Dearfoams
RG Barry, the parent company of the Dearfoams and Baggalini brands, tapped long-time footwear industry vet Bradley George as director of merchandising for the Dearfoams brand.
OrderMyGear Appoints VP of Revenue Operations
OrderMyGear promoted Adam Gainey to VP of revenue operations. The company said Gainey would play a pivotal role in developing and executing on strategies that improve client acquisition, growth and satisfaction.
Retail and Vendor Business Groups Say Court Erred in China 301 Tariff Case
The NRF, AFAA, FDRA and other business groups urge The U.S. Court of Appeals to reverse judgment and vacate List 3 and List 4A China Section 301 tariffs.
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.
