Retail studies arrived on increasing rates of discretionary spending online, online personalization disappointing consumers, disconnects around consumers pricing perceptions, unplanned absence creating selling floor shortages, and rewards members desire for cash.
Author: SGB Media
Clarus Raises EBITDA Margin Outlook On Record Sales In Q3
Clarus Corp. on Monday raised its EBITDA margin outlook to 9.5 percent from 8.5 percent after the company reported sales for the third quarter ended September 30 jumped 22 percent to a record $55.7 million, which also beat Wall Street targets by $2.5 million.
Oboz Footwear Names Pacific Crest Trading As Southwestern Sales Team
Outdoor footwear company Oboz Footwear has announced that Pacific Crest Trading will represent the brand in the Southwest, including California, Arizona, Nevada and Hawaii.
Adobe Forecasts $124 Billion In U.S. Online Sales This Holiday Season
Adobe predicts that U.S. online sales will increase 14.8 percent, totaling $124.1 billion, while offline retail spending is expected to increase a modest 2.7 percent.
361 Degrees Launches Retail Racing League
Kicking off mid-2019, the league will be comprised of teams from run specialty retailers who will compete at local races over an eight-month period to win the opportunity to run the final race in early 2020 and take home the coveted $50,000+ prize purse.
Darn Tough Vermont Appoints Reps For Southern Region
Darn Tough Vermont, the maker of performance outdoor and lifestyle socks, announced that effective immediately Apex Outdoor Sales is responsible for representing the Darn Tough brand covering all channels servicing Texas, Arkansas, Louisiana, and Oklahoma (TALO).
Ikon Pass Announces Partnership With Chile’s Valle Nevado
Ikon Pass has announced Valle Nevado in Chile as its newest partner, now offering access to nearly 77,000 acres at 37 mountain destinations across the planet.
Vasque Appoints Peter McConkie As National Sales Manager
Vasque Footwear, a family-owned company with more than 50 years of experience in the outdoor footwear sector, has named industry veteran Peter McConkie as its new national sales manager.
2018 Rawlings Gold Glove Award Winners Announced
Rawlings Sporting Goods Company, Inc., announced the winners for the 2018 Rawlings Gold Glove Award, honoring the best individual fielding performances at each position in the American League and National League. Winners were unveiled during a live, one-hour “Baseball Tonight – The 2018 Rawlings Gold Glove Award® Announcement Show” on ESPN presented by Dick’s Sporting Goods.
Nike Joins Transgender Equality Group
Nike joined 56 other major companies in issuing a call to respect transgender rights.
Asics Slashes Guidance On Weak Nine-Months Results
Asics significantly lowered its outlook for the year after reporting a steep decline in profits in the nine months on a 4.7 percent revenue decline. The Americas region showed a loss in the nine months on a 17.8 percent sales drop.
Amazon Drops Minimum Purchase Requirement For Free Holiday Shipping
Amazon said that beginning November 5, and for a limited time, all Amazon customers can enjoy free shipping with no minimum purchase amount on orders that will arrive in time for the Christmas holiday.
NICS Checks Drop 11 Percent in October
FBI background checks, as adjusted by the NSSF, continued their trend of year-over-year declines, falling 11.2 percent to 1.0 million from 1.13 million in October 2017.
Dorel Sports Sees Robust Growth In Q3
Dorel Sports’ revenue grew 6.6 percent in the third quarter to U.S.$219.1 million from U.S.$205.5 million, according to the financial report of its parent, Dorel Industries. Organic revenue grew approximately 11.8 percent.
ABEO Appoints SVP Of Global Business Development
ABEO, the comfort footwear brand, announced the hire of Brian Dillman as senior vice president of global business development.
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