Sea-Doo, Ski-Doo Parent Delivers Solid First Quarter Results On Healthy Demand
BRP Inc., parent company of the Ski-Doo, Lynx and Sea-Doo brands, said that strong deliveries, aided by improvements in the supply chain and inflationary environment, allowed the company to deliver a solid first quarter, outperforming the results of the first quarter of Fiscal 2023.
Authentic Acquires Hunter Brand IP; Taps Batra Group And Marc Fisher As Partners
Authentic Brands Group (Authentic) has acquired the intellectual property of the Hunter brand. Authentic said the Hunter brand has evolved over 160-plus years from a rubber boot to a lifestyle brand, offering an expansive footwear collection, outerwear, bags, and accessories.
Report: Nearly 25 Percent Of Campers Worked Remotely While Camping In 2022
The Dyrt, an app for camping information and booking, found that 23.8 percent of campers said they worked remotely while camping in 2022. The statistic is part of Dyrt’s 2023 Camping Report but is identical to the work-from-campsite stat it released in the prior year.
Big Agnes Hires Product And Design Director; Promotes Others From Within
Big Agnes announced it hired Jim Trombly as director of product design and development and promoted four employees to key positions within their respective departments.
Dr. Martens’ Revenues Expand 4 Percent Currency-Neutral In Fiscal Year
Dr. Martens plc reported sales rose 10 percent in its fiscal year ended March 31 to £1,0 billion ($1.25 bn) from £908.3 million a year ago. Sales on a currency-neutral basis grew 4 percent.
NRF: Consumers To Spend Record Amount For Father’s Day
Consumers will collectively spend a record-high $22.9 billion to celebrate Father’s Day this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. The total expected spending for the holiday is up 14.5 percent from last year’s $20 billion and exceeds the previous record of $20.1 billion in 2021.
MarineMax Acquires C&C Boat Works
MarineMax Inc. announced the acquisition of C&C Boat Works, a full-service boat dealer in Crosslake, expanding MarineMax’s footprint in Minnesota to five locations.
Patagonia Settles Trademark Lawsuit Against Gap
Patagonia settled its lawsuit accusing Gap, Inc of illegally copying its longstanding Snap-T fleece design.
Mountain Hardwear Appoints VP Of Marketing
Mountain Hardwear promoted Matt Burbach to vice president of marketing. Burbach has been the company’s global marketing director for the past two years.
Pard Optics Adds Marketing Director
Pard Optics hired John Aho as marketing director, managing the marketing and advertising strategies across all facets of the business.
Wolff E-Bikes Adds U.S. Sales Team
Canada’s Wolff E-Bikes recently hired Mike Russell and Wayne Mansfield to head up its U.S. sales team and to service the company’s 80 U.S. retailers within its 130-store fleet.
Costco U.S. Non-Fuel Comp Store Sales Up 1.7 Percent In May; E-commerce Falls
Costco Wholesale Corporation reported net sales of $18.45 billion for the retail month of May, the four weeks ended May 28, 2023, an increase of 1.2 percent from $18.23 billion last year.
Nike Apparel To Return To Macy’s
On its first-quarter analyst call, Macy’s confirmed that Nike apparel would return to its selling floors. Nike ended distribution to the department store in 2021.
Tilly’s Inc. Sees Better May Results After Q1 Loss And 17.5 Percent Comp Decline
Tilly’s, Inc. reported total net sales for the fiscal first quarter ended April 29 were $123.6 million, a decrease of 15.2 percent from Q2 last year. Comp store sales improved sequentially through May, declining 11.5 percent.
EBay Launches Authentication For Streetwear
EBay expanded its Authenticity Guarantee program to streetwear, marking the expansion of its authentication service to a sixth category, which includes sneakers, watches, jewelry, handbags, and trading cards.
