The National Retail Federation announced that Jack Kleinhenz, NRF’s chief economist since 2010, is stepping down to serve in a new capacity as senior economic advisor. NRF Executive Director of Research Mark Mathews ill become NRF’s new chief economist while continuing to lead the research team.
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Lululemon Opens First Store in Italy
Located at Vittorio Emanuele II 24/28, the store spans roughly 5,700 square feet across two floors and officially opens July 19. The store’s product line supports yoga, running, training, tennis, and golf.
EXEC: Sports Direct’s Solid Full Year Performance Offset by Other Parent Company Factors
U.K.-based Frasers Group, the parent of Sports Direct, Everlast, and Evans Cycles, among many others, reported a 7.4 percent decline in sales for its fiscal year ended April 27, as continued sales growth from Sports Direct was offset by moves to right-size other sports banners and weakness in its luxury segment.
Report: Western Mountain Resorts Occupancy Turns Positive in June — But There’s a Catch
The most recent monthly Market Briefing data released by DestiMetrics’ parent, Inntopia, reveal a few caveats in the data that create a more mixed evaluation of the results, as fewer rooms available threw off the comparisons from last year.
Recall: Vivi E-Bikes Lithium-ion Batteries Sold with Vivi E-Bikes
About 24,000 36-volt lithium-ion batteries used with Vivi E-bikes are being recalled because the batteries can overheat, posing fire and burn hazards. Vivi is aware of 14 reports of incidents of batteries overheating, including three reports of fires.
NOCSAE Finalizes First Performance Standard for Youth Football Helmets
The standard is the result of over 10 years of NOCSAE-led effort and funding to support scientific research, testing, and analysis to establish sufficient youth-specific data and testing criteria necessary to develop the standard.
NRF’s Chief Economist Transitions to Senior Economic Advisor
The National Retail Federation announced on Thursday, July 17, that Jack Kleinhenz, NRF’s chief economist since 2010, is stepping down to serve in a new capacity as senior economic advisor. NRF Executive Director of Research Mark Mathews will become NRF’s new chief economist while continuing to lead the research team.
Nordstrom Inc. Appoints New Chief Financial Officer
Kelly Dilts joins Nordstrom from Dollar General where she has served as executive vice president and chief financial officer since 2023. Her appointment is effective August 29.
Canyon Appoints U.S. General Manager
Ben Coates was most recently the president and COO of Revel Bikes. As U.S. General Manager, Coates is expected to accelerate the rollout of the MyCanyon bike customization program.
Card Vault by Tom Brady to Open New Collectibles Store Steps from Wrigley Field
Opening August 1, the new store steps from Wrigley Field, will feature a large selection of single cards, sealed boxes, authentic memorabilia, and exclusive Chicago Merchandise.
EXEC: Stella Int’l Q2 Footwear Shipment Volume Accelerates, Driven Mainly by Sports Segment
The manufacturer of footwear for Nike, Saucony, Under Armour, Merrell, Timberland and Ugg said Footwear Manufacturing shipment volumes in the second quarter rose 4.1 percent year-over-year and increased 3.8 percent year-over-year for the first half period.
Next Level Apparel’s Debt Ratings Downgraded by Moody’s
Moody’s lowered the debt ratings of YS Garments LLC, doing business as Next Level Apparel due to refinance risk associated the Torrance, CA-based clothing company’s revolver due February 2026 and its term loan due August 2026.
D&M Holding Inks Partnership to Address Ukrainian Ammo Propellant Shortages
The company is partnering with the Ukrainian Defense Industry Joint Stock Company to manufacture specialty chemicals in the U.S. to address the shortage of propellant used in the production of ammunition for the Ukrainian defense forces.
Bombas Promotes Jason LaRose to CEO; David Heath Moves to Executive Chair
Company President Jason LaRose, a former Under Armour executive, to CEO. Bombas Co-Founder David Heath becomes executive chair. LaRose is responsible for expanding Bombas beyond direct-to-consumer, with only 7 percent of revenues currently coming from wholesale.
EXEC: Mips AB Saw U.S. Tariff Changes Put a Damper on Q2 Growth
The Sweden-based maker of helmet protection technologies reported net sales increased just 1 percent to SEK 135 million in the 2025 second quarter, due to currency fluctuations. Organic sales growth was 12 percent, far below the 42 percent organic growth posted in the first quarter.
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