Oxford Ind., Parent of Tommy Bahama and Duck Head Brands, Reports Q4 Near Top of Guide
The owner of the Tommy Bahama, Duck Head, Jack Rogers,Johnny Was, and Lily Pulitzer lifestyle brands, reported net sales in the fiscal 2024 13-week fourth quarter were $391 million compared to $404 million in the 14-week fourth quarter of fiscal 2023.
Lululemon Posts Double-Digit Sales Gain in Q4 as International Surges
Fourth quarter Americas net revenue increased 7 percent, or 8 percent in constant-dollar terms, year-over-year. International net revenue increased 38 percent, or 40 percent in constant-dollar terms, year-over-year for the quarter.
Academy Sports + Outdoors Opens 300th Store, Adds Two More States to Mix
The full-line sporting goods and outdoor recreation retailer will add five stores through April, with 20 to 25 stores planned for the fiscal 2025 full year.
Report: Inflation and Tariffs Among Top Concerns for Americans in 2025
The findings from the survey and report are said to highlight the financial pressures weighing on American consumers in 2025, with inflation and tariffs emerging as key concerns.
Duluth Holdings Board Member to Retire
Francesca Edwardson reportedly informed the company that she had independently decided not to stand for re-election to the company’s Board of Directors at its 2025 Annual Meeting of Shareholders.
Doug Palladini Named President and CEO of Carter’s, Inc.
Palladini brings over three decades of senior leadership experience with an emphasis on brand and direct-to-consumer strategies. The former global brand president of Vans serves on the Board of Directors of Skull Candy, Inc. and Stance.
Foot Locker, Inc. Promotes Frank Bracken to Company President
The current EVP and chief commercial officer was named company president, effective immediately. He will continue to report to company CEO Mary Dillon. He joined Foot Locker in 2010 and has held several senior leadership roles of increasing responsibility across the company.
Jetty to Open Second Surf Shop on New Jersey Coast
Following the success of the Jetty flagship store in Manahawkin, NJ, which opened in 2022, the upcoming retail space in Pier Village will offer consumers the brand’s full apparel collection for men, women and kids.
Psycho Bunny Reopens Renovated Montreal Eaton Centre Store
Located in the downtown core of Montreal, Quebec, Canada, the renovated store showcases the brand’s latest collections, including its core classics and new sports capsules.
EXEC: Rip Curl and Oboz Parent KMD Posts Positive Fiscal H1 on Strong Online Sales
The parent of the Rip Curl, Oboz and Kathmandu brands said Group online sales performance has been a highlight, with all three brands achieving double-digit sales growth y/y. Online reportedly remains a key growth priority for the Group.
Salomon Appoints Nike Vet as Global Brand Creative Director
As Global Creative Director at Salomon, At the core of all Align product is its insole technologyacross all consumer touchpoints, platforms, channels, and regions.
Summit Golf Brands Honors Salesperson of the Year
Paige Golibart operates out of The Bungalow, SGB’s showroom in Jupiter, FL. She represents three of the company’s apparel brands on Florida’s East Coast — B. Draddy, Zero Restriction and Fairway & Greene.
U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
The Present Situation Index, based on consumers’ assessment of current business and labor market conditions, decreased 3.6 points to 134.5, a solid score, but the Expectations Index, measuring a six-month outlook, fell to 65.2, the lowest level in 12 years.
Adidas SPZL Drops Spring/Summer 2025 Collection
For SS25, Adidas and Gary Aspden present an ode to the three stripes: past, present and future. The collection arrives at retail in limited quantities on March 27
EXEC: EY M&A Outlook Signals Cautious U.S. Deal Market
EY expects U.S. deal volume will rise 10 percent in 2025, building on a robust 13 percent advance in 2024, driven by sustained economic activity, decreasing interest rates, pent-up demand & reduced valuation gaps.
