SGB Apparel

Imports Slowing In Second Half, But 2022 Should See Gain Over 2021

After a record-setting spring, imports are expected to slow down at major U.S. container ports for the remainder of the year, but there will be a net gain over 2021, according to the Monthly Global Port Tracker Report* released by the National Retail Federation and Hackett Associates.

Emerald Holding’s Q2 Sales Recover

Emerald Holding, Inc., the operator of trade show, reported a loss in the second quarter ended June 30 but sales bounced back as the company was able to hold 29 in-person trade shows, conferences and other events during the quarter.

Forrester Sees U.S. Online Retail Spending Reaching $1.6 Trillion By 2027

In 2021, U.S. total retail sales, excluding auto and gas, reached a record high of $4.3 trillion, driven by U.S. consumers’ accumulated savings in 2020 and the stimulus checks that they received from the government. By 2027, Forrester expects total U.S. retail sales to reach $5.5 trillion and U.S. online retail sales to reach $1.6 trillion.

Rawlings Promotes Buechter To CFO

Rawlings Sporting Goods Company, Inc. promoted Andria Buechner, former director of financial planning and analysis, to chief financial officer, filling the vacancy left when Ron Ostrowski was named president of Rawlings last month.

Mastercard Sees July Retail Sales Expand 11 Percent

According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail spending, excluding automotive, increased 11.2 percent year-over-year in July, while retail sales, excluding automotive and gas, rose 9.0 percent.