Recall On GSM Outdoors Captain Hang-on Treestands
About 1,030 Captain Hang-on Treestands from GSM Outdoors are being recalled. According to the CPSC, the crimps of the plastic-coated cables can slip during use causing the standing platform to release, posing fall and injury hazards to users.
Thor Industries Sets $250 Million Share Buyback Plan
Thor Industries, Inc. announced that its Board of Directors has authorized the repurchase of up to $250 million of its common stock.
U.S. Golf Rounds Slide In November
According to Golf Datatech, U.S. rounds of golf were down 17.6 percent in November 2021 against November 2020, but still up 5.6 percent in the first 11 months of the year.
Decision On ‘Container Dwell Fee’ On Hold Until December 27
Further consideration of the “Container Dwell Fee” will be postponed until Dec. 27, the Port of Long Beach and the Port of Los Angeles announced.
Orangetheory Fitness Appoints Chief Fitness And Product Officer
Orangetheory Fitness announced that it has appointed Ryan Flaherty as chief fitness and product officer effective immediately. Flaherty was most recently the vice president of performance and activity for Nike.
F45 Teams Up With Concert Golf Partners
F45 Training Holdings, Inc. announced that it has partnered with Concert Golf Partners, a boutique owner-operator of upscale private golf and country clubs nationwide, to open and operate F45 studios in Concert clubs.
Slinger Sees Sales Reaching Up To $18 Million In Fiscal 2022
Slinger reported revenue of $5.4 million in the second quarter ended October 31 versus $2.6 million a year ago. The Baltimore-based parent of Slinger Bag predicted sales would reach $17 million to $18 million in its current fiscal year.
NSSF: Background Checks Top 687,000 During Black Friday Week
The National Shooting Sports Foundation (NSSF) revealed that the FBI’s National Instant Criminal Background Check System (NICS) processed 687,788 background checks during the week leading up to and including Black Friday.
SFIA Trends In Team Sports Report Reveals 2020 Organized Participation Down
The Sports & Fitness Industry Association (SFIA) released its 2021 U.S. Trends in Team Sports Report that shows the total number of Americans participating in a team sport dropped by 3.8 million players in 2020.
RV Shipments Set New November Record
Results for the RV Industry Association’s November 2021 survey of manufacturers determined that total RV shipments ended the month with 49,135 units, a new record for the month of November and an increase of 15.6 percent compared to the 42,513 units shipped during November 2020, the previous record for November.
NPD: Clothing, Fashion Accessories, Footwear, And Beauty Lead Holiday Self-Gifting Options
Findings from an NPD Group survey, conducted in conjunction with partner CivicScience, found that among the consumers who plan to buy a gift for themselves during the holidays, half (51 percent) expected to buy apparel, followed by accessories at 35 percent, and beauty and footwear products at 31 percent.
Skechers Announces Changes To Its Board Of Directors
Skechers USA Inc. announced that Zulema Garcia has been named to its Board of Directors and appointed to serve on the company’s Audit Committee. The company also announced that four current members—Jeffrey Greenberg, Geyer Kosinski, Richard Rappaport, and Tom Walsh—have resigned from the Board bringing the total number of directors to seven.
Imperial Headwear Sold To Private-Equity Firm
Paramount Apparel International, the parent of Imperial Headwear, has been sold to CPC LLC, a Kansas City, MO-based family office investment firm.
Inside The Call: North America And Digital Power Nike To Q2 Beat
Nike Inc.’s fiscal second-quarter earnings and sales topped Wall Street’s expectations as strong momentum in North America helped offset a steep decline in China. The sportswear giant maintained its guidance for the full year. Major themes on Nike’s analyst call included continued hyper-growth in digital, the Nike One Place reset accelerating Nike’s direct growth, healthy full-price sales, and ongoing, but not-worsening, supply chain disruption.
Brixton Appoints New CFO
Brixton announced that Rick Robertson, the former chief financial officer of Municipal Co, Inc., will join Brixton as its new chief financial officer beginning January 3.
