REI To Open In Tulsa In Spring 2024
REI Co-op will open a store in Tulsa, OK in spring 2024.
BRC Sees Solid UK Holiday Sales Growth Aided By Inflation; Volumes Fall
The British Retail Consortium reported that UK total retail sales for 2022 increased by 3.1 percent versus 2021. Food growth was 3.0 percent and non-food growth was 3.2 percent for the year.
Study: 36.5 Million Americans Played Pickleball In 2022
The Association of Pickleball Professionals released its 2023 APP Pickleball Participation Report that showed 14 percent of adults in the U.S. (36.5 million people) played pickleball at least once in the 12 months from August 2021 to August 2022 and 8.5 million people played pickleball eight times or more in the same period.
Marathon Sports Signs As Lead Retailer At Run Show USA Boston
ported that Marathon Sports, acquired by Fleet Feet in July 2022, is the headline retailer for its show scheduled to take place in Boston’s Hynes Convention Center, February 4-5.
Nike Partners With Fordham
Nike reached an agreement to replace Under Armour as the official athletic footwear, apparel and accessory sponsor of Fordham Athletics, effective July 1, 2023.
Sports Direct Parent Invests In Hugo Boss
Frasers Group, the parent company of British retailer Sports Direct, reported its current investment in Hugo Boss now comprises 2,714,300 shares of common stock, representing 3.9 percent of Hugo Boss’s total share capital.
Backbone Hires E-Commerce Director
Backbone hired Martin Mudry as e-commerce director, a new position at the company, to support its entrance into marketplace marketing across key third-party e-commerce platforms, including Amazon, Walmart, and others.
Urban Outfitters Sees Modest Growth Over Holiday Period
Urban Outfitters, Inc. reported total company net sales for the two months ended December 31, 2022 increased 2.3 percent compared to the two months ended December 31, 2021.
Apex Mills Acquires Hanesbrands Plant
Apex Mills has agreed to purchase a former HanesBrands plant in Virginia.
Next Level Apparel Acquires Stedman GmbH
Blue Point Capital Partners and its portfolio company Next Level Apparel acquired Germany-based Stedman GmbH, a designer, manufacturer and supplier of casual and sportswear blank apparel for the printwear, retail, brand specialty and other decorated apparel industries.
Zumiez Holiday Comps Fall Nearly 24 Percent
Zumiez, Inc. posted a 22.2 percent net sales decrease for the nine-week period ended December 31, 2022, compared to the nine-week period ended January 1, 2022. During the same period comparable sales decreased 23.9 percent.
SFIA Re-Elects Ram; Adds Two Members To Board
The Sports & Fitness Industry Association (SFIA) re-elected Jonathan Ram, CEO of Clarks, Inc. as chairman of its Board of Directors for the 2023 term.
Imports Drop As Pandemic-Driven Shipping Surge Comes To An End
With a pandemic-driven surge over, monthly import cargo volume at the nation’s major container ports fell below the two million Twenty-Foot Equivalent Units mark and is forecasted to remain there through the spring, according to the Global Port Tracker Report released by the National Retail Federation and Hackett Associates.
VF Corp. Realigns EMEA Leadership Team
VF Corp. added new hires to its leadership team in Europe, the Middle East and Africa (EMEA).
Tilly’s Sees Holiday 2022 Comps Decrease In The Mid-Teens
Tilly’s, Inc. saw total 2022 holiday period net sales decrease 12.9 percent to $150.9 million for the nine-week period ended December 31, 2022 compared to $173.3 million for last year’s comparable nine-week holiday period.
