Recall: Rio-Branded Swinging Hammock Chairs
About 786,000 RIO-branded swinging hammock chairs from ShelterLogic are being recalled.
AlgiKnit Raises $13 million In Series A Funding
AlgiKnit, a sustainable kelp yarn producer based in North Carolina, has received $13 million in a Series A financing round led by Collaborative Fund with participation from H&M CO:LAB and SOSV.
NRF Says Economy Is Slowing But Recession Is Unlikely In Near Term
The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the remainder of 2022, National Retail Federation Chief Economist Jack Kleinhenz said.
Winnebago Announces Senior Leadership Moves
Winnebago Industries, Inc. announced that Amber Holm accepted the position of senior vice president, chief marketing officer. Sri Koneru was promoted to senior vice president, chief information officer and Chad Reece was promoted to vice president, government and industry relations.
American Sportfishing Association Elects Board Of Director Members For 2023
Four members of the American Sportfishing Association (ASA) were elected to fill two At-Large seats and two regional seats on the board of directors.
BioSteel Sports Nutrition Appoints President
BBioSteel Sports Nutrition Inc. announced the appointment of Bruce Jacobson as president.
The Lycra Company Announces New Equity Ownership
The Lycra Company announced that a group of financial institutions, comprising Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management, and China Everbright Limited (“New Shareholders”), have gained complete equity control of the company.
Mitchell & Ness Partners With NHL
The NHL, Fanatics and Mitchell & Ness announced an agreement giving Mitchell & Ness official rights to create apparel and accessories for the NHL and its 32 teams.
StockX Lays Off 8 Percent Of Its Employees
Resale exchange platform StockX confirmed Wednesday that it has laid off eight percent of its workforce, citing the impact of “macroeconomic challenges” on its web-based shoe resale business.
Puma Extends Contract With AC Milan
Puma and AC Milan announced a long-term extension of their partnership, which was first established in 2018.
WizWheelz Acquires Recumbent Cycle-Con
WizWheelz, the parent company of TerraTrike and GreenSpeed, acquired Coyne Publishing, LLC, on June 24, 2022. The deal includes the Recumbent Cycle-Con (RCC) show
Fitness International’s Debt Ratings Upgraded
Moody’s Investors Service upgraded the debt ratings of Fitness International, LLC, the parent of LA Fitness, Esporta Fitness and City Sports Club.
Running USA Elects Board Members
Running USA member representatives approved the election of five board members to three-year director terms, which begin July 1, 2022, and conclude June 30, 2025.
GunBroker.com Parent Sees Robust Growth In Fiscal Year
Ammo, Inc., the owner of GunBroker.com, reported net revenues increased 285 percent in its fiscal year ended March 31, to $240.3 million.
Stio Hires Industry Veterans To Lead Product Design And Development
Stio, the mountain lifestyle brand headquartered in Jackson Hole, WY, has hired Margaret Eder as product line director and Eryn Gregory as product design and development director.
