ICSC forecasts that shoppers will spend $807 billion, an increase of 4.5 percent over last year, with $685 billion being spent on gifts and other holiday items and $122 billion on food and beverage.
Author: SGB Media
NRF Forecasts Holiday Sales Will Expand Between 4.3 Percent And 4.8 Percent
The National Retail Federation announced that the federation expects holiday retail sales in November and December to increase between 4.3 and 4.8 percent over 2017. The forecast compares with an average annual increase of 3.9 percent over the past five years.
Conservation Alliance Stewardship Event Draws 110 Outdoor Industry Volunteers
More than 110 volunteers from 12 Conservation Alliance member companies participated in the organization’s 11th Annual Backyard Collective stewardship event near Boulder, CO, on Friday, September 28.
Flowfold Finalizes Acquisition Of New Headquarters
Portland, ME-based outdoor and lifestyle brand Flowfold has announced the acquisition of a 7,500-square-foot, multi-tenant industrial building in Gorham, ME.
Darn Tough Vermont Announces VP Of Product Design And Development
Darn Tough Vermont, an American manufacturer of outdoor and lifestyle socks, has announced the promotion of Lyn Feinson to VP of product design and development.
Outdoor Retailer Introduces Judges For Outdoor Retailer Innovation Awards
Outdoor Retailer, the largest U.S. tradeshow and premier business event for the outdoor industry, on Thursday introduced the initial judges for the inaugural Outdoor Retailer Innovation Awards.
VF Corp. To Sell Reef To The Rockport Group
VF Corp. announced that the company has entered into a definitive agreement to sell the Reef brand to The Rockport Group. Reef will operate as an independent global brand under The Rockport Group, and will maintain its Carlsbad, CA, headquarters.
Adidas Signs 2017-18 NHL All-Star MVP Brock Boeser
Adidas announced a multiyear partnership with 2017-18 NHL All-Star Game Tournament MVP and 2017-18 Calder Trophy (Rookie of the Year) finalist Brock Boeser of the Vancouver Canucks.
California To Require Women On Corporate Boards
Democratic Gov. Jerry Brown signed California Senate Bill 826, which requires publicly held companies based in California to have a minimum of one woman on their boards of directors by the end of 2019 and more in the future.
OBIT: Nike’s Sandy Bodecker
Sandy Bodecker, a long-time Nike employee credited with bringing the Nike SB label to prominence and recently leading the Breaking project, has passed away.
Firearms Background Checks Drop In September
The September 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 919,979 represented a decrease of 9.7 percent compared to the September 2017 NSSF-adjusted NICS figure of 1.02 million.
Kobe Bryant Backs Body Care Line
Art of Sport, a new body care brand for athletes counting Kobe Bryant as a founding partner, officially launched.
NSSF Reiterates Support Of Kavanaugh Confirmation
The National Shooting Sports Foundation (NSSF) reconfirmed the company’s support for Judge Brett Kavanaugh and urges the United States Senate to act quickly to confirm Judge Kavanaugh to the Supreme Court.
RECALL: Ozark Trail Camp Axes
About 246,000 Ozark Trail camp axes sold by Walmart are being recalled. The axe head can detach from the handle posing an injury hazard.
L.L.Bean Pledges $1 Million For Parks
L.L.Bean announced the company’s partnership with The Trust for Public Land with a $1 million investment to help connect more people to nature.
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