Families Prioritize Back-to-School And College Spending Amidst Rising Inflation
As inflation continues to rise, one-third of consumers (38 percent) said they are cutting back on spending in other areas to cover the cost of items for the upcoming school year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
Alterra Mountain Names New President And COO of Deer Valley Resort
Alterra Mountain Company announced that Todd Bennett had been selected as president and chief operating officer of Deer Valley Resort in Utah, effective August 1, 2022.
Nautilus Announces Departure Of Chief Digital Officer
Nautilus, Inc. announced the departure of Chief Digital Officer Garry Wiseman while also providing an update related to the growth of JRNY, the company’s personalized connected fitness platform.
American Outdoor Brands’ Quarterly Sales Slump 29 Percent
American Outdoor Brands, Inc. reported sales fell 28.8 percent in the fourth quarter and 10.5 percent in the fiscal year ended April 30.
Ex-Reebok Marketing Exec Joins Nix Biosensors
Nix, the biosensor company that compiles health and wellness data for consumers, hired Inga Stenta Reebok’s former head of U.S. marketing as chief marketing officer.
Prime Day 2022 Breaks Records
Amazon Prime members purchased more than 300 million items worldwide during Prime Day 2022, making this year’s event the biggest Prime Day event in Amazon’s history.
CTS Selects New CEO
Carmichael Training Systems (CTS) Founder Chris Carmichael has selected Jeff Pierce, most recently director of elite athletics at USA Cycling, to succeed him as CEO.
Lezyne’s Appoints VP, Production And Engineering
Lezyne promoted Worldwide Engineering Manager Terry Cooke to vice president, Production and Engineering. His promotion follows the recent news of the company’s restructured of its sales and marketing teams.
iRayUSA Announces New Hires
iRayUSA, a Texas-based manufacturer of thermal night vision devices, announced the hiring of a chief operating officer, controller, service/warranty technical specialist, and an account manager
Talon Grips Acquires ArachniGrip
Talon Grips, the maker of stick-on gun grips, acquired ArachniGrip, the creator of the SlideSpider patented stick-on grip for the slide.
Dickies Appoints Global Creative Director
Dickies, which is owned by VF Corp., appointed Matt Lambert as global creative director. Lambert was previously creative director at Backcountry from May 2021 and January 2022.
Endurance Zone Receives Investment From Worldpay Co-Founder
Endurance Zone, a technology platform that rewards consumers for being active, has secured funding from serial entrepreneur and investor David Sear.
Alchemy Bikes Moves Headquarters
Alchemy Bikes, the direct-from-fabricator-to-rider business, has relocated its U.S. operations to Golden, CO.
Report: Tonal Undergoes Layoffs
Tonal, the connected fitness manufacturer, is laying off about 35 percent of its 750-person workforce, according to a report from CNBC.
Walmart U.S. Apparel GMM To Retire
Deanah Baker, senior vice president of apparel for adults, kids, baby, and shoes, is retiring from Walmart after 32 years with the retailer.
