Camping Report: Millennials Prefer Tent Camping While Gen Z Likes Glamping
In its Annual State of the Industry Report, RMS North America examined Millennials and Gen Z camping behaviors and preferences focused on their technology use.
Asics Study Shows Exercise Sharpens Mind, Improves Mental Performance
A study commissioned by Asics showed that exercise could significantly improve cognitive function and mental performance. After four months of regular exercise, Asics found that their minds had significantly sharpened, and they performed at a higher competitive level.
Courtside Ventures Launches $100 Million Fund
Courtside Ventures, a New York-based early-stage VC firm, raised $100 million for a fund focused on sports, gaming and lifestyle companies. Fund III investors include a globally diverse group of the industry across professional sports team owners, athletes and industry executives, including Dick’s Sporting Goods.
Life Time’s Debt Ratings Upgraded
S&P Global Ratings lifted its debt ratings on Life Time Inc., the operator of upscale fitness clubs, due to improving results.
NGF Releases List Of Top 100 Golf Businesses
The National Golf Foundation released its latest list of the Top 100 Golf Businesses it recognizes to be the “most influential, successful, prominent and innovative companies on the commercial side of the U.S. golf industry.”
Meyer’s RV Acquires Rochester RV Dealership
Meyer’s RV, with 13 RV dealerships on the east coast, has purchased Johnston RV, located in Webster, NY. Johnston RV is full service RV dealership located at 784 Ridge Road just east of Rochester, NY.
Levi Strauss Names Chief Digital Officer
Levi Strauss & Co. hired Jason Gowans as senior vice president and chief digital officer for LS&Co., effective February 6. Gowans joins the company from Nordstrom, where he spent the past ten years in various marketing, data science and digital roles, and, most recently, as senior vice president of digital commerce.
Gymshark Hires Chief Supply Chain Officer
Gymshark named Laurent Madelaine as its first chief supply chain officer, overseeing sourcing, supply chain and logistics. He will also be responsible for quality control and the brand’s sustainability strategy, reporting to Gymshark’s CEO and founder Ben Francis.
Nordstrom Cuts Outlook After Holiday Sales Slump
Nordstrom, Inc. posted declines in both comparable store sales and net sales for the nine-week Holiday period ended January 1 as promotional environment and tight margins prompt the retailer to lower fiscal year guidance.
Darn Tough Vermont Hires Environmental And Social Responsibility Chief
Darn Tough Vermont hired Kristen Graf as global director, Environmental and Social Responsibility. Graf steps into the role with two decades of developing and overseeing sustainability and equity programs.
USA Cycling Appoints New Board Chair
Cari Higgins has been elected chairwoman of USA Cycling’s board of directors. She was previously vice chair of the board.
RunSignup Posts Growth In 2022
RunSignup reported strong company growth in 2022 and an encouraging sign that the endurance market is strengthening. Compared to 2019, the pre-pandemic baseline, the number of registrations on its platform grew 20 percent while the total transaction dollars jumped 47 percent.
Compass Diversified Authorizes $50 Million Share Repurchase Program
Compass Diversified Holdings said its Board of Directors authorized the repurchase of up to $50 million of its issued and outstanding common shares.
REI To Open Store In Mount Pleasant
REI Co-op is scheduled to open a store in Mount Pleasant, SC on February 17. Located in Indigo Square at 1720 Shoremeade Road, the store measures 21,500 square feet.
Fanatics Extends Partnership With British And Irish Lions Brand
Fanatics and the British & Irish Lions extended its long-term deal for an e-commerce and manufacturing partnership, which will run until 2030 and include the 2025 and 2029 British & Irish Lions Tours.
