GoPro to Cut 26 Percent of Workforce in Revised Restructuring Plan
The action camera maker now plans to layoff about 26 percent of its workforce (240 employees), up from a plan announced in August that called for the reduction of 15 percent (140 employees).
Modern America Campgrounds Acquires Thomas Point Beach & Campground
Thomas Point Beach was started in 1956 by Harry and Marion Crooker. The 80-acre Oceanside Park was owned and operated by the family until it was sold. Modern America was selected to purchase the property because it intends to carry on its legacy.
Adidas’ Long-Time Chief Corporate Communication Officer to Retire
Jan Runau, Adidas’ chief corporate communication officer since 2006, announced his retirement. He began working for Adidas as a PR manager in Germany
Hoist Appoints Board Chair
The manufacturer of “IV-level hydration,” announced that Gerry David has been appointed chairman of the board of directors.
Former Nike and Adidas Vet Named Levi’s Managing Director, Latin America
Dario Aguilar will lead Levi’s business as managing director for Latin America, effective December 2. Most recently he was the CEO of Sephora Mexico. Before that, he worked in various commercial leadership roles at Adidas and Nike across Latin America and Europe.
Superstroke Names Par Golf as Distributor for Nordic Region
Vellinge, Sweden-based Par Golf is the sole distributor of SuperStoke’s product line in the Nordic region (Sweden, Denmark, Finland, Norway, and Iceland), effective January 1, 2025.
Wolverine Worldwide Appoints Susie Kuhn as Active Group President
Kuhn is responsible for leading brand strategies, consumer-focused go-to-market plans and driving commercial performance for WWW’s Active Group, which includes the Merrell, Saucony and Chaco brands.
VF Corporation Sees Fiscal Q2 Improvement But Americas Region Still a DD Drag
Revenue for the quarter amounted to $2.8 billion, down 6 percent year-over-year from the fiscal 2024 Q2 period. The company said the decline was a sequential improvement from the 10 percent decline in the fiscal 2025 first quarter.
Camping World Profits Plummet in Third Quarter on Lower ASPs
Profits at Camping World Holdings Inc. fell 73.9 percent in the third quarter ended September 30 due in part to lower average selling prices on new and used RVs. On a positive note, combined new and used same-store unit sales returned to positive growth.
Boot Barn Posts Another Strong Quarter; CEO to Exit to Ross Stores
Jim Conroy, the retailer’s CEO since 2012, is stepping down to assume the role of CEO of Ross Stores. John Hazen, Boot Barn’s chief digital officer, will assume the role of interim CEO.
Rural King Opens Newest Store in Hopkinsville, KY
The store boasts a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.
Mammut Sports Group Taps Matt Kaplan as Managing Director for North America
In his new role, effective November 18, Matt Kaplan will oversee business operations in the U.S. and Canada. Most recently, Kaplan was vice president of sales at Vail Resorts.
Crunch Fitness to Open Three New Gyms In Texas with Partner James Harden
Harman Fitness owns and operates Crunch locations nationwide.. Once the three new locations are open, the franchisee will operate seven Crunch gyms in Texas and over 40 nationwide.
Primark to Open Second Store in Queens, NY
The new 37,000-square-foot store at Queens Center in Elmhurst, NY will open on December 5. This is Primark’s second store in Queens, following its Jamaica Avenue location, and its tenth store in New York.
U.S. Golf Rounds Played Increase for Second Straight Month
Golf Datatech, a subsidiary of Circana, reported that golf rounds played in the U.S. increased 3.6 percent in September and are now ahead 1.7 percent in the first nine months of 2024.
