Life Time Group Estimates 2024 Revenue Increased in the High-Teens
Net income for the full-year period is estimated to have nearly doubled year-over-year, while Adjusted EBITDA is expected to increase over 25 percent for the year.
Parent of 5.11, BOA, Primaloft, and Velocity Outdoor Amends Management Agreement
Compass Diversified Holdings has entered into a Seventh Amended and Restated Management Services Agreement with Compass Group Management LLC, the company’s manager.
Revo Goes Direct to Optometrists with New Sales Structure
Through a partnership with Launchpad Vision, a commercialization services company closely associated with ClearVision Optical, gives Revo direct access to work with optometrists and their patients worldwide.
Report: Americans Still Focused on Health and Fitness Goals for the New Year
As the new year begins, a nationwide survey conducted by the Health & Fitness Association (HFA) revealed that health, fitness and exercise remain top-of-mind on Americans’ New Year’s resolution lists.
The Snow League Secures $15 Million in Funding
Launched in June by three-time Olympic gold medal winning snowboarder and entrepreneur Shaun White, The Snow League is the first professional winter sports league dedicated to snowboarding and freeskiing. Left Lane Capital led the $15 million funding round.
United Wheels Appoints New VP Operations and Supply Chain Management
The parent company of Huffy, Niner, Batch, and Buzz Bicycles, has appointed Ryan Karp as its new VP of Operations and Supply Chain Management. With over 20 years of experience, Karp will oversee the operations teams, rider services teams and supply chain management across multiple regions.
Pura Vida Parent to Cut $20 Million in Company Costs
Vera Bradley, Inc., parent of the Vera Bradley and Pura Vida brands, announced a strategic cost efficiency initiative to reduce company costs by approximately $20 million annually commencing with its fiscal year 2026.
Filson Parent Appoints Tim Bantle as Brand President
The VF, Eddie Bauer, Black Diamond, TNF and Patagonia veteran will lead the next phase of growth and global expansion for the 128-year-old heritage brand.
Revelyst and RCBS Announce Weaver Mounts License
As part of this agreement, RCBS will continue to manufacture all Weaver rings, bases and mounts in its Oroville, CA, headquarters. RCBS has manufacturered reloading ammunition tools since its founding in 1943. Since 1930, Weaver Mounting Systems has manufactured optics mounting systems
L.A.B. Golf Bolsters Leadership Team
Robert Johnson joins the company as president. Headquartered in Eugene, OR, the company’s patented technology eliminates torque to give golfers the ability to repeat their golf stroke.
Big 5 Sporting Goods Narrows Q4 EPS Guide After Comps Fall 6.1 Percent
The company now expects to report a loss per basic share in the range of 94 cents to 97 cents for Q4, which compares to previous guidance for a loss per basic share in the range of 80 cents to $1.05.
Under Armour Renews Global Eyewear Licensing Agreement with Safilo Group
Through the renewed agreement until 2031, the companies will offer sunwear and prescription eyewear solutions that support athletes on and off the field.
Cotton Inc. Promotes William Kimbrell to President and CEO
The 22-year veteran of Cotton Inc. was executive vice president and chief operating officer before his promotion to CEO and president in November.
CNBC/NRF: Retail Monitor December Retail Sales Jump; Sporting Goods Rebounds
Core Retail Sales, excluding restaurants, auto dealers and gas stations, rose 2.2 percent m/m in December and up 8.4 percent y/y. That compared with a decrease of 0.19 percent m/m and an increase of 1.4 percent y/y in November.
Veo Strip Appoints Nike Veteran as Company’s First CEO
The company that created a product to prevent sweat from affecting an athlete’s vision during physical activity has tapped former Nike executive Tom Kelley as its first CEO.
