Weekly 5: Two buyers possible for Fairline Boats
The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Tuesday on BoatingIndustry.com.
1. Report: Two buyers possible for Fairline Boats
UK boat builder Fairline Boats is weighing offers from two prospective buyers, reports The Telegraph.
According to the paper, the potential buyers include a foreign manufacturer as well as a private equity firm.
The company went into administration (the equivalent of bankruptcy in the U.S.) in December, with 380 of its 450 employees being laid off, two months after being sold to private equity group Wessex Bristol.
2. NMMA: Outboard engine shipments up 4.7% in 2015
U.S. outboard engine wholesale shipments were up 4.7 percent year-over-year to end 2015 for the National Marine Manufacturers Association’s control group of manufacturers, representing 95 percent of the market, NMMA reported. Total retail sales were up 8.7 percent in 2015.
3. Brunswick Corp. stock hits three-year low
Brunswick Corp. has not been immune to the general stock market malaise of recent weeks, with share price hitting $36.89 in after hours trading Monday.
That was the lowest price since 2013 and down from the 52-week high of $56.63.
4. Three marketing and customer-experience trends for 2016
With the start of a new year comes the chance to re-evaluate your business, marketing, and customer-experience strategies.
Marketing Profs has three trends to consider for this year.
5. Five questions to ask before dealing with a negative employee
Every company has to deal with a negative employee situation at some point. Entrepreneur offers advice on five considerations to think about before dealing with a problem employee.
