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Adventure Vehicle Maker Rossmönster Hires New Chief Revenue Officer
Timothy Morgan brings over two decades of experience in the RV industry in sales, business development and strategic leadership. Morgan was honored as one of RV Associates’ “40 Under 40,” a testament to his leadership and vision.
NMMA Envisions New Powerboat Sales Returning to Growth in 2025 After Rough 2024
According to data from the U.S. Bureau of Economic Analysis, boating and fishing are the leading drivers of the $1.2 trillion outdoor recreation economy, contributing 2.3 percent of our nation’s GDP. Ninety-five percent of boats sold in the U.S. are made in America.
Costco December Comps Jump 9.9 Percent x-Gas; E-Commerce Jumped 35.7 Percent
E-commerce sales in December were said to be positively impacted by an estimated 15 percentage points, due to Thanksgiving / Black Friday / Cyber Monday occurring a week later in 2024 versus holiday 2023.
Otis Technology Partners with Covey Sales & Marketing for Central Region
The internal team will continue to support marketing, customer service and warranty support through Otis’ Lyons Falls, NY facility while working closely with Covey Sales & Marketing.
Retay USA Parent Hires Michael Narus as VP Marketing, Expands Sales Force
Michael Narus will oversee all U.S. marketing operations, focusing on engaging consumers with the performance and benefits of Retay USA and Breda AG products. The company also appointed independent sales agencies across four major territories.
Carhartt Opens Retail Store in SoHo
The new location joins the brand’s existing store in Seven Dials, in the St Giles district of the London Borough of Camden, in the West End of London.
NRF’s Chief Economist Believes 2024 Ended on a High Note
Jack Kleinhenz’s comments came in the January edition of the NRF’s Monthly Economic Review, in which he reported that the 2024 gross domestic product was on track to grow 2.7 percent over 2023, based on results for the first 11 months of the year.
Sitka Gear Opens Eighth U.S. Storefront
Sitka Gear has opened a new brand store in Columbus, OH, carrying its technical hunting and outdoor apparel gear. The company will host a grand opening on January 11.
Massimo Group Adds New Illinois Distribution Center to Network
With the addition of this Illinois facility, Massimo Group’s nationwide distribution network now has six points of distribution, including Edison, NJ; City of Industry, CA; Port Wentworth, GA; Houston, TX; Garland, TX; and Edwardsville, IL.
Columbia’s Chief Digital Information Officer Exits
Columbia said it would launch a search for Skip Potter’s replacement. In the interim, EVP and CFO Jim Swanson will oversee the company’s digital technology department.
Report: 2024 Holiday Online Spending Sets New Record; Sporting Goods Up Big
Strong discounts this season also drove consumers to purchase higher-ticket items in categories such as electronics, appliances and sporting goods. The share of units sold for the most expensive goods was up 54 percent in sporting goods.
NSSF: 2024 NICS Background Checks Fall Again to Lowest Level Since 2019
he 2024 level represents the fourth annual sequential decline after peaking during the 2020 election year and falling to a level below the 2016 election year.
Boa and 5.11 Parent Compass Diversified Starts Year with Board Shuffle
Gordon M. Burns will not be standing for re-election at the company’s 2025 annual shareholders meeting due to other commitments. Nancy B. Mahon has been appointed chair of the Board’s Nominating Committee, replacing Mr. Burns.
Report: Holiday Retail Return Rate Jumps 28 Percent as U.S. Sales Reach $282B
Salesforce is reporting that the data in its system shows that holiday retail sales surged to a record $1.2 trillion globally and $282 billion in the United States, but high returns could dampen retailer overall profit margins.
Lazydays Holdings Appoints New Chief Financial Officer
New CFO Jeff Needles is a Certified Public Accountant, holds an MBA from Washington University, and a Bachelor of Science in Business Administration from Saint Louis University, John Cook School of Business.
