January 04, 2023
The New Year brought a new wave of speculation from staff economists at trade groups and analytics firms, with the National Retail Federation and Moody’s on the fence about a looming recession in 2023.
The custom apparel and headwear company has acquired the two sportswear brands from apparel and accessories distributor, S&S Activewear, for undisclosed terms.
The outdoor apparel-styled drink cozy maker closed an unspecified Series A funding round led by Village Family Capital and Jim Collis of Colfam Management, following a SAFE raise last year.
Finishing the year with a 3% decline in Dec. to 1,747,506 from 1,792,797, NSSF’s adjusted NICS checks fell by 11% last year to 16,425,484 from 18,515,188 in 2021, and were off 22% from 2020’s all-time high.
JHT promoted two new vice presidents: Andrew Kolman was named VP of global product development and Patty Parrott is VP of global marketing.
Motland, who is currently the optics mount maker’s president, was elevated to CEO, taking over from the retiring Dan Goetz.