Industry stakeholders in the virtual meeting emphasized that growth in the outdoor recreation economy is threatened by ongoing trade disruptions and the expiration of essential trade programs, including the Generalized System of Preferences.
Author: SGB Media
Report: August Retail Sales Growth Slowed Sequentially from July Trend
August’s core retail sales, as defined by the NRF, are based on census data, excluding auto dealers, gas stations and restaurants, were reportedly up 0.3 percent m/m seasonally-adjusted and up 3.3 percent y/y unadjusted.
EXEC: Bain Sees E-Commerce Driving 90 Percent of Holiday Growth (updated)
Bain said a potential rate cut this week could spur consumer confidence and sales may also benefit as some consumers feel wealthier from rising disposable income and strong stock market gains this year. Deloitte and Bain both see e-commerce up in the high single digits for Holiday 2024 versus Holiday 2023.
Lazydays Holdings Promotes Amber Dillard to Chief Operating Officer
The newly minted COO sits on the Board of the Lazydays Employee Foundation, which is dedicated to helping at-risk kids in the communities the company serves.
NRF Names Jill Dvorak as Senior VP of Content
Dvorak previously served at the NRF as vice president of content and retail strategy from 2017 to 2022. Before returning to the NRF, Dvorak was the chief content officer at CommerceNext.
Western Mountain Destinations See August Pick-up in Winter Bookings
Early winter occupancy rose during August after being down sharply for the past few months with the first four winter months all reporting improvements from just one month ago.
X-Vision Optics Adds New Marketing Specialist
With nine years of digital marketing experience, Brady Stevenson is expected to play a key role in shaping the company’s marketing strategies.
NRF and Comexposium Expand Retail’s Big Show to Europe
The marriage of NRF Retail’s Big Show and Paris Retail Week to create Retail’s Big Show Europe broadens with the rebranding of the Paris Retail Week annual conference and exhibition beginning in 2025.
Arcus Hunting Appoints Product Development and Category Management Lead
Matt Kinamore, who was most recently at American Outdoor Brands, will reportedly oversee the company’s portfolio across key categories, including hunting and fishing scents, scent elimination, and outdoor accessories.
JD Sports Board Remuneration Committee Chair to Step Down
Suzi Williams, non-executive director and chair of the company’s Remuneration Committee, submitted her intention to step down on November 1, 2024. On October 1, Williams will hand over the Remuneration Committee Chair role to Angela Luger.
Freedom Munitions Shuttering Nevada Operations as Idaho Expansion Continues
The company is consolidating its X-Treme Bullets projectile component production from its Carson City, NV plant into its Lewiston, ID facility. Freedom Munitions expects to close the Carson City site by the end of 2024.
Report: Leisure Footwear, Portable Beverageware Rise to Top of BTS Shopping Lists
Circana said in a media release that this year’s BTS spending is following a pattern similar to last year, but it’s falling short of last year’s performance.
Lazydays Holdings Appoints Interim CEO as John North Exits
former SVP of Operations Ron Fleming is returning to the company and has assumed the role of Interim CEO and joined the Board of Directors on September 14, 2024.
Crunch Franchise to Open in Port Arthur, TX
Crunch, a full-spectrum fitness gym offering weight and cardio equipment, personal training and over 200 fitness classes, is a U.S.-based brand with over ver 400 franchised and corporate-owned fitness clubs worldwide.
EXEC: Nike and Adidas’ China Retail Partner Warns of Fiscal H1 Sales and Profit Decline
The company, which also manages retail operations in China for other “non-principal” brands, including Puma, Converse, Vans, The North Face, Timberland, Asics, Hoka, Skechers, the NBA, and other brand partners, reported that H1 profit is expected to decrease 35 percent year-over-year.
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