EXEC: 361 Degrees Boasts Record Growth During China’s 618 Shopping Period
Throughout the nearly 30-day “618” period, 361 Degrees said the 361° brand emerged as a prominent player, ranking among the Top 5 of all footwear brands, and standing as the sole domestic brand on the Top 30 list. The “Flying Flame 3” reportedly topped the chart as the best-selling professional marathon running shoe.
Summit Golf Brands Promotes Jack Lessing to President
Lessing will oversee all revenue channels for the company’s brands, including B. Draddy, Zero, Restriction, Zero Restriction, Fairway & Greene, and EP New York, and the functional areas of the business that support them. Lessing has been with the company for the past 11 years.
Pacsun Debuts Men’s A.R.C. Apparel Collection
The 28-piece collection, available at retail and through PacSun, marks the brand’s entry into men’s activewear category with a campaign featuring NIL Athletes Carson Beck, Khoi Young, Shareef O’Neal, and Shedeur Sanders.
Rally House Opens Another Store in Pennsylvania; Fourth in Wisconsin
Rally House opened another store in Pennsylvania with Rally House Grove City Premium Outlets. On July 12, the company opened Rally House Southridge Mall in Greendale, WI increasing its store count in the state to four.
Bass Pro Shops to Open Outpost in Tyler, TX in Early 2025
The retail site is expected to open in the first half of 2025. Upon completion of the Tyler store, Bass Pro Shops will have 18 stores in Texas and employ roughly 100 “outfitters”.
CNBC/NRF Retail Monitor Sees Biggest YoY Retail Sales Jump Since Fall 2023
Retail sales showed moderate growth in June and posted the biggest year-over-over year increase in nearly a year amid a still-solid economy and near-zero inflation for retail goods.
Deckers Brands Will Execute a Six-for-One Forward Stock Split
The parent company of Hoka, Ugg, Teva, Sanuk, Koolaburra, and Ahnu said its Board approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the stock split.
Canada Goose Appoints Chief Digital and Information Officer
Alfredo C. M. Tan will oversee all consumer-facing digital platforms, as well as IT, digital media and marketing and consumer insights.
Groupe Royer Transfers Ownership of Von Dutch to Brand Management Firm
Groupe Royer and its subsidiary Royer Brands International have transferred ownership of the iconic American brand Von Dutch to WSG Brands.
The Buckle Posts Another Comp Store Sales Decline in June
The 5.7 percent decline for the 5-week fiscal June period comes on top of a 2.4 percent comp sales decline in the 2023 June period. Net sales for the month decreased 5.8 percent year-over-year to $101.7 million.
Lotto Launches Pickleball Collection at Dick’s; Adds Pablo Tellez as Brand Ambassador
The new pickleball line, which expands beyond Lotto’s soccer and tennis collections, includes equipment and footwear for both men and women. Tied to the announcement, Major League Pickleball and PPA Tour player Pablo Tellez, was added to Lotto’s roster of over 300 athletes globally.
REI’s Chris Speyer to Join MEC as New Chief Merchandising Officer
Speyer, who has worked as REI Co-op’s CMO for the last seven years, reportedly brings over thirty years of leadership experience in the specialty outdoor retail, wholesale, and direct-to-consumer businesses.
EXEC: Rossignol Reopens Paris St–Germain Store
Joining a host of other brands freshening or expanding their Paris retail presence for the Summer Olympics, The Rossignol Group has reopened its Paris St–Germain store following a complete renovation.
REI Co-op Appoints SVP, Chief Technology Officer
Guillaume Ledieu succeeds Dan Shull, who will depart REI on July 12 for a new opportunity. Guillaume joined the co-op in 2023 as VP of foundation technology and has already had an incredible impact in his short time working for the company.
EXEC: Anta Sports Sees Fila’s China Retail Sales Growth Slow in Q2
The Fila brand increased in mid-single-digits year-over-year in the second quarter, a moderation from the high-single-digit first quarter trend and the high-teens trend for full year 2023.
