Mastercard SpendingPulse Forecasts 7.5 Percent Growth For U.S. Back-To-School Sales

Mastercard SpendingPulse forecasted that U.S. retail sales would grow 7.5 percent year-over-year from mid-July through the Labor Day back-to-school buying period. It anticipates that sales will be up 18.3 percent compared to the pre-pandemic 2019 selling season, with department stores a noteworthy winner as the retail sector continues its recent rebound.

Oberalp Group Makes Hires And Promotions

The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country and Evolv, has hired Phil Hoffman as sales manager, appointed Mike Sohasky as key account sales manager, and promoted Steve Goddard, Michael Casarrubia, and Eric Poore to new roles within the company.

Hibbett Announces Changes To Board

Hibbett, Inc. announced the resignation of Jamere Jackson, effective June 9, 2022 and the appointment of Pamela Edwards to its Board of Directors, effective June 10, 2022.

RYU Apparel Q1 Sales Climb 75 Percent

 RYU Apparel, Inc. reported revenues reached Canadian C$347,938 (U.S. C$270,647) in the first quarter ending March 31, up from C$198,825 during the same period last year.

REI Domestic Trip Offerings Experience Robust Growth

REI Co-op announced that its adventure trips have expanded to include domestic multiday excursions, guided day tours, rentals, and adventure center locations, and its experience offerings grew more than 60 percent in the last 12 months.

Culture Kings U.S. Appoints President

A.K.A. Brands Holding Corp. announced the appointment of Jonathan Yuska as president of its Culture Kings’ U.S. division, reporting to Simon Beard, CEO and co-founder, to its expansion in the United States.