Nordstrom Opening New Colorado Rack Store
Nordstrom, Inc. is opening a new Nordstrom Rack in Aurora, CO.
Report: VF Corp. Looks To Divest Jansport Brand
Bloomberg reported Friday that VF Corp. is considering a sale of its Jansport backpack business, according to people with knowledge of the matter.
JD Sports Divests Shares Of 15 Premium Brands
British Retailer JD Sports Fashion Plc is “significantly simplifying” its branded fashion offer through the divestment of 15 UK-based non-core fashion businesses to Frasers Group Plc.
Report: Holiday Shopping Seen As Lackluster In Early Season Review
The first two weeks of December did not bring much holiday cheer after a lackluster Black Friday and generally disappointing November results.
RIA Elects New Board Members For 2023
The Running Industry Association (RIA) membership voted to approve to elect the suggested slate of new directors for 2023.
November Retail Sales Dip 0.6 Percent
U.S. retail sales fell 0.6 percent in November from October but were up 6.5 percent year-over-year, the Department of Commerce reported. That compares with increases of 1.3 percent month over month and 8.3 percent year-over-year in October, which got a boost from earlier-than-usual holiday shopping driven by concerns that inflation would continue to increase prices.
Fleet Feet Plans To Open A Second Store In Pittsburgh
Fleet Feet is planning to open a second store in Pittsburgh in the near future. Look for more news next week on details once the store is open.
Rally House To Open Store In Iowa
Rally House plans to open a store in Ames, IA, home of the Iowa State Cyclones.
Bentonville Becomes Headquarters For U.S. National Mountain Bike Team
USA Cycling reported that Bentonville, AR, was selected as the official training site for the U.S. National Mountain Biking Team.
NRF Study Forecasts More Than $816 Billion In Holiday Returns
Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a retail report released by the National Retail Federation (NRF) and Appriss Retail. As retail sales continue to grow, the average rate of return has remained flat at 16.5 percent compared with 16.6 percent in 2021.
TravisMathew Announces Hires For European Office
TravisMathew, the manufacturer of lifestyle and performance apparel, hired Matt Freeland and Matt Cox as general manager, EMEA and strategic key account manager EMEA, respectively, headquartered in its newly-created European office.
Dunham’s Sports To Open Stores In Wisconsin And Nebraska
Dunham’s Sports is opening stores on December 16 in Manitowoc, WI and North Platte, NB.
Al’s Sporting Goods To Open In Boise
Al’s Sporting Goods is opening a stores in Boise, ID, according to boisedev.com.
GoFluo Cycling Apparel Enters U.S. Market
GoFluo, the Belgian cyclist apparel brand, reported it will enter the U.S. market in 2023.
PVH Hires Global Brand President, Calvin Klein
PVH Corp. hired Eva Serrano as the global brand president for Calvin Klein. Serrano, a veteran Inditex Group employee, will join the company in March 2023, reporting to CEO Stefan Larsson.
