The parent of the Tommy Hilfiger and Calvin Klein brands beat its top- and bottom-line guidance for the third quarter, fueled by a “relentless execution” of the company’s PVH+ Plan.
Author: SGB Media
Salesforce: Global Online Sales Reach All-Time High of $315B During Cyber Week
The company said data analyzed for the Cyber Week period revealed a record $314.9 billion in global online sales, with U.S. consumers contributing $76 billion of the total number.
ThredUp Completes Divestiture of European Business
The online reseller of apparel, shoes and accessories, announced today that it entered into a binding agreement to divest its European business, Remix, in a management buyout led by Florin Filote, the general manager of Remix.
Rapala VMC Hires Regional Sales Manager for Eastern U.S., Sourth Central Territories
As the company’s new Regional Sales Manager, Pete Przepiora is focused on the Eastern U.S., Texas, Arkansas, Louisiana, and Oklahoma, working with Rapala VMC’s retail partners and distributors.
PGA of America Reach Foundation Names Executive Director
Jenny Lewis, a Northern Texas native will oversee strategy, impact and fundraising for the 501(C)(3) Foundation. From 2008 to 2023, she was the Foundation vice president for Kimberly-Clark Corporation in Irving, TX.
Foot Locker Lowers FY Outlook on Q3 Miss, Promo Pressures, and Weak Consumer
Excluding the effect of foreign exchange rate fluctuations, total sales for Q3 decreased 2.2 percent year-over-year. Comparable sales increased 2.4 percent year-over-year, including North America Foot Locker and Kids Foot Locker comparable sales growth of 6.4 percent.
Pvolve to Open First Studio in San Antonio
A new studio agreement with local San Antonio, TX, entrepreneur Rachel Neal, marks the fitness franchise’s 13th studio in Texas.
Crunch Franchise to Open in Augusta, GA
Crunch Augusta will be Fitness Ventures’ 60th location nationwide and the fifth location in Georgia. The franchise plans to open ten more locations across the U.S. next year.
United Wheels Elevates Bruno Maier to Chief Executive Officer
Maier has deep roots and a proven track record of success in the cycling industry. He started his career as a sales associate at Huffy 30 years ago. He joined UW in 2017 as the president of Allite, Inc., and most recently served as president and COO of United Wheels.
StockX Breaks Pre-Cyber Weekend Trades Record; Sees Continued Momentum Into Holidays
Asics is one of the fastest-growing sneaker brands on StockX and will set a new sales record in 2024. Top picks throughout the weekend included the Asics Gel-1130 Black Pure Silver and the Asics Gel-Kayano 14 Cream Black Metallic Plum.
Report: Footwear and Apparel Among Bright Spots for Weaker Store Traffic
“Categories like Apparel, Footwear, and Jewelry saw notable traffic increases on the Saturday following Black Friday, indicating that consumers are spreading out their purchases, revealing a shift in shopping behavior, with extended promotions allowing for more flexibility and reducing reliance on Black Friday.
Report: Online Spending Grew Mid-Teens During Week Ahead of Cyber Five Weekend
Shoppers drove online sales for the critical five-day Cyber Five shopping period up 6 percent in the U.S. versus the comparative period last year, but posted double-digit growth in the week leading up to the all-important weekend.
NRF Reports Thanksgiving Weekend Shopper Numbers Fell Short of 2023 Comp Period
The five-day holiday weekend from Thanksgiving Day through Cyber Monday saw an estimated 197.0 million shoppers, reportedly the second highest number in the NRF’s survey’s history after last year’s record of 200.4 million shoppers—exceeding its initial forecast of 183.4 million.
Thermore Appoints VP of Global Marketing and Communications
Laura Beachy has been appointed VP of global marketing and communications. She joins Thermore from Hyla Strategies, a NYC-based boutique marketing firm, where she served as a managing partner since 2014.
NSSF: NICS Background Checks Down 9.8 Percent for Thanksgiving Week
NSSF said it has worked with firearm retailers to spread out special sales offers to customers throughout the week leading up to Black Friday so as not to overwhelm FBI NICS on a single day, which can result in longer than normal wait times.
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