Winnebago Industries Closes Out Fiscal Year with Q4 Loss; Shuffles Leadership Deck
CEO Michael Happe announced leadership changes focused on enhancing the Winnebago Motorhome and Winnebago Towables businesses, which he noted have underperformed in recent quarters.
K-Way Finds New Minority Equity Partner
Founded in 1965 in Paris by Leon Claude Duhamel, K-Way manufactures apparel, shoes and accessories for men, women and kids, including its iconic packable waterproof jacket, the “Claude,” with its distinctive colorful zip and logo inspired by the French national flag.
On Opens Flaghips in NYC and Chicago
Swiss-running brand On opened flagship stores in Chicago and New York City, bringing its store count in North America to eight. In 2020, the company opened its first global store in SoHo, a neighborhood in Lower Manhattan.
Crunch Franchisee to Open Fitness Facility in Omaha, NE
Crunch Maplewood will be Fitness Ventures’ 59th gym nationwide and the second location for the franchise in Nebraska. The company plans to open at least 10 more locations this year.
PickUp USA to Open First Basketball Gym in Des Moines
The new franchise location, owned by Kerby Louis, will open before the end of the year, in Urbanville, IA. The 3,000-square-foot space offers weight and cardio center and three full basketball courts.
Yoga Joint Raises $12M to Continue Florida Expansion
Since announcing its expansion with the Joint Venture Program, the company has added 8 studios and is looking to continue establishing a foothold in South Florida, Orlando, Tampa, and Jacksonville.
RVIA: Travel Trailers Show Growth in Flattish September Shipments Report
The RV Industry Association reported that in its September 2024 survey of manufacturers, found that total RV shipments ended the month with 24,595 units, a decrease of 0.4 percent compared to the 24,700 units shipped in September 2023.
PickUp USA Basketball to Open in Charlotte Metro
The Concord, NC gym is a franchised location owned by Kim and Peter Betz, with a targeted a mid-November soft opening.
Skechers U.S.A. Posts Double-Digit Q3 Sales Growth with Strength Across Channels
Third quarter sales increased 15.9 percent to $2.35 billion, with a 16.4 percent increase internationally and a 15.3 percent increase domestically. On a constant-currency basis, sales increased 15.9 percent year-over-year (y/y).
Winchester Ammunition Posts Solid Q3 Growth but Falls Short of Expectations
The 13.8 percent year-over-year sales increase was primarily due to higher international military sales, military project revenue and White Flyer sales, partially offset by lower commercial ammunition sales.
Columbia Brand Appoints Marketing Chief; Launches New Brand Vision
Matt Sutton, as senior vice president and head of marketing for the Columbia brand, was hired as the Columbia Brand has reportedly worked to bring a new strategic vision to life internally over the last few months.
WaveCel Promotes David Visnack to CEO
David Visnack was prmoted from chief marketing officer to chief executive officer timed the company expanding its product line with new helmets to mitigate traumatic brain.
Craft Sportswear to Open Pop-Up in SoHo During NYC Marathon
The retail space will serve as Craft’s “basecamp” during the New York City Marathon (November 3, 2024), where it will host events and feature the Kype Pro, the brand’s latest shoe designed for elite runners.
Pure Fishing Lands Refinancing Deal on Outstanding Debt
As part of this transaction, the company entered into a new five-year, $750 million first lien credit facility with a consortium of lenders including Monarch Alternative Capital LP and Silver Point Finance as co-lead lenders.
Concert Golf Partners Acquires Golf Club of the Everglades
Rees Jones-designed golf club in Naples, FL is the 35th private facility nationwide to join Concert Golf’s portfolio. The Club is private, members-only that is one of the most exclusive and respected in the Naples community.
