The National Retailer Federation (NRF) in a statement said data indicating that small business owners are increasingly pessimistic about the coronavirus shows the need for continued economic stimulus measures.
Author: SGB Media
Costco’s August Same-Store Sales Jump Double-Digits
Costco Wholesale Corp. reported same-store sales in the U.S. grew 12.5 percent in August.
Smith & Wesson Firearms Unit Growth Outpaces NICS Checks In Fiscal Q1
Smith & Wesson handgun unit shipments increased 122 percent to 441,000 units, while long gun unit shipments increased 89 percent to 108,000 units.
Shopify Hires Former Adidas Exec Jon Wexler
Jon Wexler, the former Yeezy GM at Adidas, will become VP of Shopify’s creator and influencer program.
Under Armour Announces Thanksgiving Store Closures
Under Armour, Inc. announced plans to close all UA Brand House and UA Factory House retail locations in the United States for Thanksgiving . All U.S. retail locations will re-open to the public on Friday, November 27.
Adidas Places Two Bonds In The Amount Of $1 Billion
Adidas successfully placed two bonds in an amount of €1 billion in total. The 4-year bond of €500 million matures in September 2024 and has a coupon of 0.00 percent, while the 15-year bond of €500 million matures in September 2035 and has a coupon of 0.625 percent.
Adidas Extends Partnership With Belgian KVBV
Adidas extended its kit supplier agreement with the Belgian Football Association (KBVB) for six more years until 2026.
Nordstrom Appoints Men’s Fashion, Editorial Director
Nordstrom has appointed Jian DeLeon, former editorial director of Highsnobiety, as men’s fashion editorial director.
Core Health & Fitness Appoints VP Of North America Direct And Distributor Sales
Core Health & Fitness, the maker of commercial fitness products, promoted Joey Osborne to VP of North America direct and distributor sales.
Hyperice Signs Ja Morant
Hyperice has signed Ja Morant, star point guard of the Memphis Grizzlies, as a brand ambassador.
Augusta Sportswear Partners With Perfect Game
Perfect Game, one of the largest elite youth baseball and softball platforms and scouting services with Augusta Sportswear, announced a new multi-year apparel and uniform partnership agreement.
The Buckle’s August Comps Increase 1.7 Percent
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 29, 2020 increased 1.7 percent from comparable store net sales for the 4-week period ended August 31, 2019.
VF Corp. x Timberland Collaborate With Redress
VF Corporation, together with its Timberland brand, announced a collaboration with Redress for the Redress Design Award 2020.
American Outdoor Brands’ Q1 Revenues Climb 52 Percent
American Outdoor Brands Inc., the outdoor gear and accessories business, recently spun off from Smith & Wesson Brands, reported sales in the first quarter ended July 31 of $50.5 million, an increase of 51.9 percent, over net sales of $33.2 million for the comparable quarter last year, driven primarily by increases in both e-commerce and traditional sales channels.
Robin Hood CEO Joins Under Armour Board Of Directors
Under Armour Inc. announced that Wes Moore has been appointed to its Board of Directors effective October 1, 2020. Moore, 41, is CEO of the Robin Hood Foundation, a nonprofit that finances over 500 organizations serving children, families and communities.
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