SGB Apparel

NRF Predicts Highest Holiday Retail Sales On Record

Holiday spending has the potential to shatter previous records, as the National Retail Federation forecasts that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between $843.4 billion and $859 billion. NRF President and CEO Matthew Shay said, “There is considerable momentum heading into the holiday shopping season.”

REI Readies Opening In Jackson Hole

REI Co-op plans to open its new store in Powderhorn Mall in Jackson Hole, WY on November 5. The store, located at 974 West Broadway, is the retailer’s first store in the State.

Puma Lifts Outlook On Robust Q3 Results

Puma said it now expects currency-adjusted sales to expand at least 25 percent for 2021, up from at least 20 percent previously, and also raised its earnings guidance after reporting healthy third-quarter growth. Sales in the third quarter rose 20 percent currency-neutral, led by a 31 percent gain in the Americas region.

Russell Athletic Partners With Alphabroder

Russell Athletic announced a partnership with Alphabroder, the distributor of imprintable sportswear and accessories in North America. Through this partnership, an assortment of core styles from Russell Athletic will be available at five distribution centers between California, Texas, Illinois, Pennsylvania, and Georgia.

Orvis Hires Chief People Officer

Orvis announced that Rebecca Jones was hired as chief people officer, effective October 18, 2021. In this new position, Jones is providing executive oversight for its HR department, focused on employee engagement, support, development, training, and growth within the organization.

VF Corp. Appoints VP, Investor Relations

VF Corporation announced the appointment of Allegra Perry to vice president, investor relations, effective January 2022. Perry will report to VF’s chief financial officer, Matt Puckett.