Led by online selling and boosted by promotions, sales on Black Friday and over the past weekend topped or came in line with modest expectations, according to multiple survey reports and Wall Street analysts.
Category: Apparel
Shein Confidentially Files to Go Public
Shein, the China-founded fast fashion online retailer, has confidentially filed to go public in the U.S. with the potential to start trading in 2024.
Roark Names Active Lifestyle Industry Vet as CEO
New CEO Jason Steris joined action sports brand Volcom in its early years and spent 23 years at the brand, holding various positions from national sales manager to COO, president and CEO. More recently, he was CEO at the motocross and mountain bike gear brand Troy Lee Designs.
Canada Goose Acquires First European Manufacturing Facility
Canada Goose announced that it acquired the operating assets of Romania’s Paola Confectii Manufacturing, the brand’s first European facility.
Nike and BSN Sports partner with The Frontier Conference
Montana’s The Frontier Conference reported it signed a five-year deal with Nike and BSN Sports to be its official conference apparel and equipment provider.
Tennis Express Re-Acquired by Founder
Houston, TX-based Tennis Express announced that Brad Blume, company founder, re-acquired full ownership in the retail and online business from Signa Sports United
Mountain Warehouse Reports Sales Uptick In First Half, Steeped-Up Openings
Mountain Warehouse, the London-based outdoor specialty store with 370 shops across Europe, the U.S., Canada, and New Zealand, reported sales “rebounded strongly” to reach “record” levels of £171 million ($216 mm) in the six months ended August 31.
OIA Names New Director of Sustainable Business Innovation
The Outdoor Industry Association hired Julie M.H. Brown as director of sustainable business innovation to direct and manage its sustainability department.
REI Hires VP of Public Affairs and Impact
REI hired Roma McCaig as VP of public affairs and impact. Most recently, she was the SVP of impact and communications at Clif Bar & Company.
Wilson Opens Storefront in Mall of America
Wilson Sporting Goods Co. officially opened a retail store in the Mall of America in Bloomington, MN. The 2,600 square-foot space is Wilson’s first brick-and-mortar store in the region.
Arc’teryx Veteran Joins Sugarhouse Creative
Sugarhouse Creative hired Dan Green, a former VP of design and senior director of advanced concepts at Arc’teryx, as director of advanced concepts, a new role for the company.
Rally House Adds Stores in Detroit and Kansas City
Rally House announced it opened new stores in northern Detroit and Kansas City. Rally House operates over 180 stores across 18 states in the U.S.
United Sports Brands Acquired by Norwest Equity Partners
Norwest Equity Partners (NEP) has acquired United Sports Brands, the parent of Shock Doctor, McDavid, Cutters, Nathan, Pearl Izumi, and Glukos, from Bregal Partners. NEP’s history with USB brands dates to 2008, when it acquired Shock Doctor as part of its consumer products portfolio.
Backcountry Sells Bergfreunde European Subsidiary
Backcountry reported it entered into a definitive agreement to sell its European subsidiary, Bergfreunde, to Decathlon, the largest sporting goods retailer in the world.
Report: Black Friday Traffic Sees Uptick
Sensormatic Solutions released its initial shopper visit data for U.S. brick-and-mortar stores and shopping centers for Black Friday, November 24, noting that foot traffic increased 4.6 percent compared to 2022.
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