The parent of Fjällräven, Royal Robbins, Hanwag, and Fenix Outdoor brands reported that the 2024 fourth quarter started promising, but a delay in winter weather meant it slowed down before improving again toward the latter part of the quarter.
Category: Apparel
EXEC: JD Sports Fashion Plc Shifts Leadership at JD Outdoor Segment
Dominic Jordan, the former CEO of Hobbycraft, assumes the top seat held by outgoing CEO Lee Bagnall for the past 12 years. Bagnall has agreed to stay on for a transition period.
Recall: TravisMathew Women’s and Men’s Sweatshirts and Hoodies
This recall is in cooperation with the CPSC and involves roughly 59,450 women’s half-zip sweatshirts and women’s and men’s full-zip and no-zip hoodies for violation to meet federal flammability standards.
Bass Pro Shops to Open Outpost in Arkansas
The Fort Smith, AK, store is expected to open in early 2026. The 70,000-square-foot location will be the retailer’s third in the state.
Momentec Brands Names Chief Technology Officer
Christine Rose will oversee Momentec Brands’ technology initiatives, including digital customer-facing platforms, enterprise infrastructure, supply chain systems, and information security.
Dick’s SG Begins Enrolling Non-Employees as Paid Social Media Influencers
Since launching as an internal program in 2023, Dick’s Varsity Team members have created over 1,000 pieces of social media content, garnering over 38 million impressions, and have been featured in 10 campaigns for both Dick’s and its national brands.
Nordstrom to Open Rack Store in Longmont, CO
The Rack store will occupy a 28,000-square-foot space in the Harvest Junction Shopping Center, which includes Marshall’s, Best Buy, Dick’s Sporting Goods, Ulta Beauty, Ross Dress for Less, and other notable retailers. Harvest Junction is owned and managed by an affiliate of Pine Tree.
Report: Import Cargo Trends Remain Fluid Due to Tariff Threats
A strong December brought 2024 to a total of 25.5 million TEU, or Twenty-Foot Equivalent Units, up 14.8 percent from 2023 and the highest level since 2021’s record of 25.8 million TEU during the pandemic.
CNBC/NRF Retail Monitor Sees January Reporting Strong Retail Sales Gains
The Sporting Goods, Hobby, Music, and Bookstores segment was down 1.9 percent m/m, seasonally-adjusted, but up 2.82 percent y/y, unadjusted, after a very strong December trend.
Macy’s, Inc. Names Chief Stores Officer of Macy’s
Currently, Barbie Cameron is the senior vice president and regional director of stores for the East Region. Before that, she was the interim chief stores officer at Macy’s since August 2024.
EXEC: Citi Downgrades Nike Shares, Cuts Price Target After Hill Meeting
Nike management indicated that Air Jordan and Air Force One will “still be large franchises” even after inventories are managed lower, but Dunks will “not be a relevant part” of the mix over time.
EXEC: Liberated Brands Store Closings Commence in U.S. Markets
Gordon Brothers has begun closing sales at all 122 Volcom, Billabong, Quiksilver, Roxy, Honolua Surf, RVCA, Beachworks, Becker Surfboards, ZJ Boarding House, Spyder and Boardriders store locations under Liberated Brands’ retail fleet in the U.S.
EXEC: Nordic SG Retailer XXL Sees Q4 Sales Decline
Norway-based sporting goods retailer XXL ASA said it delivered total operating revenue of NOK 7.2 billion in 2024 in a Nordic sporting goods market that persisted to be challenging. Fourth quarter sales declined 1.8 percent year-over-year.
EXEC: Mizuno Corp. Sees Modest Q3 Revenue Growth In Americas Region
Mizuno Corp. reported sales in the Americas region rose 1.2 percent in the third quarter and gained 6.6 percent in the nine-month YTD period. Consolidated global sales in the third quarter grew 4.3 percent to ¥55.8 billion
EXEC: Ahead, Craft, Cutter & Buck Parent Sees Q4 Sales Expand 3 Percent
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson AB, reported that Q4 growth was led by gains in the Sports & Leisure segment and the promo sales channel, with 3 percent growth in the U.S. region.
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