Yue Yuen’s Manufacturing business boasted a 26.7 percent year-over-year increase in September, while Feng Tay reported Manufacturing revenues inched up 1.3 percent to NT$6.82 billion in September.
Category: Apparel
Report: Team Sports Participation Highest in Ten Years
SFIA)released its 2024 U.S. Trends in Team Sports Report breaks down data for 24 team sports by youth and young adult team participation and includes information on coaches, training and trends to watch for in 2024.
Authentic Brands Group and Saks Launch New Luxury Platform
Through its focus on innovation and global expansion, ALG aims to generate growth opportunities and create value for its strategic licensing and distribution partners, each of which bring distinctive positioning, loyal followings and significant global potential.
Costco Comps Grow 8.9 Percent in September Ex-Fuel
Costco Wholesale Corporation reported net sales of $24.62 billion for the five weeks ended October 6, an increase of 9.0 percent from $22.59 billion last year.
Peak Performance Opens First Store in London
Peak Performance opened a concept store on September 27 in London’s Covent Garden. The brand also opens its U.S. online store to consumers.
Rock/Creek Outfitters to Rebrand to Gearhead Outfitters
Chattanooga, TN-based Rock/Creek Outfitters announced it rebranded to Gearhead Outfitters, which it acquired in 2019.
Moose Knuckles Receives Minority Investment from Bosideng
Aligned with the investment, Ayal Twik and Noah Stern, who co-founded the Canadian outerwear brand in 2009, will exit as shareholders.
EXEC: Amer Sports Shares Results of Golden Week in Greater China
The parent of Arx’teryx, Salomon and Wilson Sports said it continues to see an outsized growth opportunity in China, notably in the outdoor segment, which has been resilient despite the weak economy.
Nordstrom to Open Rack Store North of Dallas
The 26,000-square-foot store will be located at The Gates of Prosper, a shopping center that includes Target, Sephora, and HomeGoods, owned and operated by Blue Start Land.
Turtle Fur Expands Leadership Team with Four New Hires
Turtle Fur added a new chief financial officer, senior merchandiser, controller, and director of business development to support “evolving the brand,”
Import Volume Remains Strong Despite Recent Dockworker Strike
The NRF and Hackett Associates, in its recent Global Tracker Report, expect continued elevated shipment levels through October at the nations major container ports despite the recent strike by dockworkers.
Survey: Nearly Two-Thirds of Americans Want to Shop Local More
Lending Tree’s online survey of 2,000 U.S. adults, taken from August 12-14, 2024, found that 90 percent of respondents believe shopping locally positively impacts the quality of their life.
Bain Forecasts Record Black Friday/Cyber Monday Sales
U.S. retail sales over Black Friday – Cyber Monday (BFCM) weekend may set a new record, surpassing $75 billion in sales, according to a forecast from Bain & Company. The weekend is expected to deliver year-over-year growth of around 5 percent, outpacing Bain’s overall holiday sales growth forecast of 3 percent for the entire holiday season.
EXEC: Is The Vista Outdoor Bidding War Finally Over?
Vista’s Outdoor’s moves over the weekend to find a buyer for the Revelyst outdoor business and receive yet another higher offer for its Kinetic Group ammunition and firearms business should be enough to secure shareholder approval and avoid another hostile bid, according to several analysts following the stock.
EXEC: JD Sports Reports Fidelity Subsidiaries Fall Below 5 Percent Voting Rights
FMR LLC has seen its voting rights percentage fall below the 5 percent threshold for reporting purposes to 4.95 percent of JD voting rights. JD Sports is the parent of the JD, Hibbett, Finish Line, DTLR, and Shoe Palace retail brands in the U.S.
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