News Topics
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August 14, 2023
Alliance RV Buys Land to Support Growth
Alliance RV said it has bought an additional 37 contiguous acres to its existing Elkhart campus in preparation for future growth. With the addition of a new production line that is scheduled to be complete in Q4, the company said it will have over 800,000 total square feet under roof by...
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August 11, 2023
Resale company Trove raises $30 million in Series E funding
Trove has raised $30 million in Series E funding, the resale technology company announced on Thursday. Wellington Management and ArcTern Ventures co-led the funding round, and Mitsui Fudosan’s CVC Fund, G2 Venture Partners, Prelude Ventures and other current Trove investors participated in the round. The funding will support the company’s...
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August 11, 2023
Study finds eating disorders and mental health issues a concern for ultrarunners
A scientific review published in the journal Sports Medicine has amalgamated information about mental health issues among ultra–endurance runners (UERs), and the conclusions may be surprising to many. The study defined UERs as runners who had participated in one or more ultra–endurance events (longer than a standard marathon, 42.2 kilometres)....
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August 10, 2023
Wolverine to Close Boston Campus, Consolidate US Offices to Michigan
In tandem with a major leadership shift at the CEO level, Wolverine on Thursday announced the planned closure of its Boston headquarters by the end of the year and the consolidation of its offices across the U.S. to its Rockford, Mich., campus. FN
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August 9, 2023
Climbing Magazine ‘Summit Journal’ Relaunches for New Generation
This month marks the official revival of climbing’s classic print magazine, Summit Journal. From 1955 until its closure in 1996, this glossy magazine represented the pinnacle of climbing journalism. Its pages were filled with stories from the sport’s biggest names, like Yvon Chouinard, Lynn Hill, and even Royal Robbins — a...
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August 7, 2023
Garmin signs purchase agreement to acquire JL Audio, a highly regarded audio solutions manufacturer
Garmin Ltd. announced it has entered into a definitive agreement to acquire JL Audio, a privately-held U.S. company that designs and manufactures audio solutions for marine, aftermarket automotive, powersports, home and RV customers. PRN
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August 7, 2023
How Outdoor Research Decided to Take the Plunge Into Mountain Biking
Outdoor Research has decided to delve deeper into mountain biking based on customer feedback and is releasing a new, eight-piece line designed solely for the sport. Available for spring 2024, Outdoor Research’s new Freewheel Mountain Bike Collection includes a bike-specific half-zip hoodie, a long-sleeve jersey, a short-sleeve riding T-shirt, riding shorts, two...
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August 7, 2023
Kampgrounds of America’s Revenue Still Trending Up
Kampgrounds of America said its revenue has improved by 2% over the first half of this year, in a year-over-year comparison. Following years of record-breaking same-store revenue, the company anticipates more positive change, with advanced deposits up 9.5% over 2022. RV-Pro
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August 4, 2023
GoPro Gets Q2 Sales Lift on Lower Prices, Return to Retail Doors
GoPro said it saw an immediate retail sales and GoPro subscription lift in the second quarter due to its mid-quarter go-to-market strategy shift that included a return to pre-pandemic pricing and a greater emphasis on retail sales. The company reported exceeding its Q2 expectations for unit sales, revenue and subscriber...
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August 4, 2023
Jackson Hole Sold to Local Investors
After 31 years of ownership, Jay, Connie, and Betty Kemmerer have sold Jackson Hole Mountain Resort (JHMR) to a group of local investors for an undisclosed amount. Owners of JHMR Connie, Betty and Jay KemmererThe Kemmerers, who purchased JHMR in 1992, said their highest priority was maintaining JHMR’s status as...