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Short Stops Week 24, 2025
EXECUTIVE CHANGES +++ GoPro has appointed Mike Dennison, CEO of Fox Factory Holding Corp., and Emily Culp, Chief Brand and Strategy Officer of BodyHealth, to its Board of Directors +++ Cooling fabric developer Brrr has announced David Ludd, most recently Chief Global Sales and Marketing Officer at Coolcore, as ...
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GoPro faces persistent Asia-Pacific challenges as transformation proceeds
The US action camera maker faces sharp Asia-Pacific headwinds and macro uncertainty, but focuses on lean operations and new product launches.
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GoPro appoints Mick Lopez to board
The action cam maker adds a financial expert to its board and nominates two seasoned executives to strengthen leadership ahead of its June stockholder meeting.
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Short Stops Week 09, 2025
EXECUTIVE CHANGES +++ North American sporting goods retailer Lids has appointed long-time executive Greg Cox as CFO to lead finance, loss prevention, HR and IT initiatives and drive strategic growth and operational efficiencies +++ Eyewear brand Wiley X has expanded its sales leadership team, appointing Seth Quackenbush, Jack Schindler and ...
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GoPro cuts costs, delays launch of new 360 camera
Facing revenue declines and delayed product launches, GoPro slashes costs and refocuses on growth to regain profitability by 2026.
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Short Stops Week 07, 2025
CORPORATE AND M&A +++ Outside Interactive Inc. has acquired Inntopia, combining its outdoor content and mapping with Inntopia’s booking technology to create a comprehensive adventure travel platform +++ finanzen.ch reports that Germany-based Bike24 Holding AG has successfully extended its €40 million syndicated loan with three banks, enhancing financial stability and ...
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Short Stops Week 06, 2025
CSR & SUSTAINABILITY +++ Halti’s headquarters in Sipoo, Finland, has been re-certified as a WWF Green Office, reaffirming its commitment to sustainability and reducing its carbon footprint +++ CORPORATE AND M&A +++ Unifi Inc., the manufacturer of Repreve recycled yarns, announced plans to close its Madison, North Carolina, ...
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Yardsale innovates ski gear with magnetic pole technology
The new US-based ski lifestyle brand is transforming slopes with magnetic pole technology, stylish designs, and a focus on the everyday skier experience.
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GoPro vows to slash expenses, become profitable in 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
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GoPro says turnaround will take more time as Q1 loss widens
GoPro’s Q1 revenues exceeded its guidance, but the operating loss increased for the period ended March 31. Founder and CEO Nicholas Woodman said the company is making progress on its multi-year strategy. Still, he urged investors to be patient as GoPro continues investing in a broader product line and retail ...