Given the incremental retail visibility and progress reducing field inventories during the quarter, the company raised the lower end of its full year guidance.
Author: SGB Media
HanesBrands Closing Champion Distribution Center, Affecting 75 Jobs
According to a report filed with The N.C. Department of Commerce, the plant closure will result in the layoff of 75 workers. Some employees will lose their jobs around December 31. Others will stay on until around January 31.
Shooting Sports Industry Mourns the Passing of Richard Beebe
For 50 years, Richard Beebe was the driving force behind Redding Reloading Equipment. He passed away at his home in Central NY on October 31, 2024, surrounded by his family. His pursuit of quality and precision was relentless and his dedication and hard work was, and will continue to be, inspiring.
NRF Study Sees Sharp Increase in Cost to Consumers with Tariff Increase
The National Retail Federation is suggests in its latest study that U.S. consumers could lose between $46 billion and $78 billion in spending power each year if new tariffs on imports to the United States are implemented.
Sitka Gear Expands Midwest Presence with New Illinois Store
The Vernon Hills store joins the Sitka Gear flagship store in Bozeman, MT, and recently opened stores in Dallas, Atlanta, Charlotte, and two stores in the Minneapolis, MN metro area.
Bogs and Florsheim Parent Weyco Group Sees Q3 Profits Slide on DD Sales Decline
The parent company of the Florsheim, Bogs, Nunn Bush, and Stacy Adams brands reported third quarter revenues fell 12 percent year-over-year to $74.3 million. Earnings from operations totaled $10.2 million in the third quarter, down 18 percent.
Alo Yoga to Open New Store in São Paulo, Brazil
Alo Yoga’s first South American location at JK Iguatemi, the gateway for luxury brands, will enter the market in the first quarter of 2025.
ICSC Sets 2025 Transition Plan for Chief Operating Officer Role
International Council of Shopping Centers, is reporting that Whitney Livingston will join the trade association as chief operating officer in March 2025, succeeding Valerie Richardson, who plans to retire at the end of 2025.
Study: U.S. Consumers See Climate Change Top of Mind for the Future
The NIM Study found that Americans have a cautious eye on the future and challenges that are on the way despite more pressing issues that are having a tangible impact on their lives today.
CWR Wholesale Distribution Hires Outside Sales Rep for the Carolinas and Virginia
Chase Korabik worked multiple marine industry roles before recognizing his interest in marine electronics, components, systems, and made the shift to join the CWR team.
Rec-Com Outdoors Appoints Sales Director
Anthony Puleio assumes the sales leadership role at the parent company of Diamond Fishing Products, Momoi Fishing, Zacatak Lures, Hi-Liner Fishing Gear & Tackle, and Bridle Buddy brands.
Primo Water to Merge with Bluetriton Brands
The closing is expected on or about Friday, November 8, 2024. The combined company name was declared Primo Brands Corporation, trading on the NYSE as “PRMB” on November 11.
Report: Performance Footwear Sales Flat for Q3 as Running Grows on Higher ASPs
Running Footwear sales maintained momentum, with sales up 4 percent in the quarter. Average selling price growth driven by mix shifts offset unit declines.
BRP Inc. Hits Key Milestone in Finland Snowmobile Production
celebrating production of half a million snowmobiles on Finnish soil and BRP Finland has now started to produce all of of the company’s electric snowmobiles for all worldwide markets.
Yamaha Motor Corp to Cease Sale of E-Bikes to Dealers
The company has informed its Yamaha eBike dealers that it will withdraw from the e-bike business in the U.S. and cease selling bikes at the end of the year.
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