EBay, Inc. has agreed to acquire Sneaker Con Digital’s authentication business, a sneaker authenticator with operations in the U.S., UK, Canada, Australia, and Germany.
Author: SGB Media
Golf Rounds Played Slip In October
According to Golf Datatech, golf rounds played were down 1.8 percent in October but are still ahead 7.4 percent year-to-date.
Slinger Extends Distribution Agreement With Tennis Bot In Indonesia
Slinger announced an extension to its Indonesian distribution agreement with Tennis Bot, a racquet sports distributor in Asia who has been representing Slinger across Indonesia, Hong Kong, Malaysia, and Singapore.
Skechers Extends Eyewear Licensing Agreement
Skechers USA Inc. and Marcolin announced the renewal of its licensing agreement for the design, production and worldwide distribution of Skechers sunglasses, eyeglasses and kids’ eyewear.
Adobe: Black Friday Online Spending Sees Slight Decline
Total online spending on Black Friday was $8.9 billion, down from sales of $9 billion in 2020, according to Adobe Analytics. Results came in at the low end of Adobe’s predicted range. Thanksgiving Day coming in flat year-over-year at $5.1 billion.
Sensormatic: Black Friday In-Store Traffic Down Sharply From Pre-Pandemic Levels
In-store traffic at U.S. brick-and-mortar retail stores and shopping centers was down 28.3 percent on Black Friday, November 26, compared to 2019, the last pre-pandemic year, but showed a 47.5 percent rebound compared to 2020, according to Sensormatic Solutions.
Amazon Physical Retail VP Exits
Cameron Janes, who most recently oversaw Amazon’s physical retail division, has left Amazon after more than 14 years.
Peloton Sues Lululemon Over Patent Infringement Claims
Peloton filed a lawsuit against Lululemon after Lululemon threatened to sue the connected fitness leader over its new apparel line.
Neiman Marcus Announces Executive Appointments
Neiman Marcus Group announced three executive appointments and role expansions to support the luxury retailer’s continued transformation.
Target Makes Thanksgiving Store Closures Permanent
Target will no longer open its stores on Thanksgiving Day, making a permanent shift to the unofficial start of the holiday season that was suspended during the pandemic.
Canada Goose Names President, Asia-Pacific
Canada Goose announced the appointment of Paul Cadman as President, Asia-Pacific (APAC). His past experience includes roles at Salvatore Ferragamo, Asprey & Garrard, Bvlgari, and Estée Lauder.
S&S Activewear Completes Acquisition Of TSC Apparel
S&S Activewear, based in Bolingbrook, IL, has completed its acquisition of competitor TSC Apparel, the parent of Tultex.
Puma North America Raises Hourly Wage for Retail Employees
Puma announced that it will raise its minimum wage for Puma North America and Puma Canada retail employees to $15 per hour, effective November 29.
Nike Veteran Lobbyist To Retire
Julia Brim-Edwards, senior director Nike GPA Global Enterprise Initiatives and WHQ Region, is leaving the company after 17 years, according to The Oregonian.
Rossignol Sells Felt Bicycles To Pierer Mobility
Rossignol has sold Felt Bicycles to Pierer Mobility, the owners of KTM motorcycles.
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