The National Retail Federation is optimistic about the 2015 holiday season, expecting November and December sales to rise 3.7 percent to $630.5 billion, but for recreational marine companies the question is how much of that pie will be served to them.
T-H Marine Supplies of Huntsville, Ala., and Magnetic Marine Products LLC, of Ada, Mich., entered into an agreement that grants T-H Marine exclusive global rights to manufacture and distribute the patented Gear Grabbar line of magnetic tackle management systems.
BRP’s manufacturing facility in Juárez, Mexico, received the Best Corporate Social Responsibility Practices Award from the Mexican Philanthropy Centre, Cemefi, at the 16th International Seminar on Best Practices in CSR.
Newport, R.I., will host the North American stopover of the 13th edition of the Volvo Ocean Race in May 2018 after the success of the sailing-mad coastal town’s hosting of the world’s leading offshore event earlier this year.
The Florida Yacht Brokers Association will host a media event with U.S. Rep. Lois Frankel at the Fort Lauderdale International Boat Show to update the brokerage community on efforts to remove federal laws barring the sale of foreign-flagged yachts to U.S. citizens while in domestic waters.