NMMA Envisions New Powerboat Sales Returning to Growth in 2025 After Rough 2024
According to data from the U.S. Bureau of Economic Analysis, boating and fishing are the leading drivers of the $1.2 trillion outdoor recreation economy, contributing 2.3 percent of our nation’s GDP. Ninety-five percent of boats sold in the U.S. are made in America.
Mammut Partners with New Sales Agencies for 2025
Trail House Sales and Marketing Group and Redstone West will represent Mammut in the Western U.S. and Pacific Northwest, respectively.
Costco December Comps Jump 9.9 Percent x-Gas; E-Commerce Jumped 35.7 Percent
E-commerce sales in December were said to be positively impacted by an estimated 15 percentage points, due to Thanksgiving / Black Friday / Cyber Monday occurring a week later in 2024 versus holiday 2023.
Revo Moves to Direct Distribution in Key EU Markets; Adds New Region Leadership
Revo has made a strategic shift in its global distribution model, transitioning to direct distribution in several key markets, supported by a new leadership team.
Otis Technology Partners with Covey Sales & Marketing for Central Region
The internal team will continue to support marketing, customer service and warranty support through Otis’ Lyons Falls, NY facility while working closely with Covey Sales & Marketing.
Retay USA Parent Hires Michael Narus as VP Marketing, Expands Sales Force
Michael Narus will oversee all U.S. marketing operations, focusing on engaging consumers with the performance and benefits of Retay USA and Breda AG products. The company also appointed independent sales agencies across four major territories.
Carhartt Opens Retail Store in SoHo
The new location joins the brand’s existing store in Seven Dials, in the St Giles district of the London Borough of Camden, in the West End of London.
The Buckle Posts 4.6 Percent Comp Growth in Fiscal December
Net sales for the fiscal month of December were flattish, down 0.8 percent to $202.1 million from net sales of $203.8 million for the prior-year fiscal month of December.
Riddell Makes Key Leadership Appointments and Exec Promotions
Ridell promoted Thad Ide to chief product officer and Michael Oller to executive vice president of Revenue and Customer Experience. Joining them on Riddell’s executive leadership team is Aravind Kashyap, chief information officer, who assumed the position last fall.
Genesco Inc. Names First Chief Human Resources Officer
The parent of Journeys, Schuh, Johnston & Murphy said Kyle Polischuk will report to Mimi Vaughn, Genesco’s board chair, president and CEO and serve on Genesco’s executive management committee. Her appointment was effective January 6.
POC Adds Strategic Hires; Creates New Territories in APAC Region
The updates and investments in the company’s regional and central teams will support continued brand growth and be closer and more responsive to its customers.
NRF’s Chief Economist Believes 2024 Ended on a High Note
Jack Kleinhenz’s comments came in the January edition of the NRF’s Monthly Economic Review, in which he reported that the 2024 gross domestic product was on track to grow 2.7 percent over 2023, based on results for the first 11 months of the year.
Burton Adds Exec Hires to Drive Brand and Product Categories
The privately-owned snowboard manufacturing company, hired Jennifer Valentine as chief merchandising officer and Debbie Lee as chief marketing officer based in the company’s global headquarters in Burlington, VT.
Sitka Gear Opens Eighth U.S. Storefront
Sitka Gear has opened a new brand store in Columbus, OH, carrying its technical hunting and outdoor apparel gear. The company will host a grand opening on January 11.
Tilly’s Inc. Appoints PacSun Veteran to Board of Directors
Michael Relich has over 40 years of experience in retail, with an emphasis on systems and information technology. Most recently, Relich served as the co-CEO of PacSun.
