Approximately three-quarters of respondents (73 percent) said they would not consider going into the office if their commute was longer than 45 minutes roundtrip, but many opinions differed based on career position.
Category: Apparel
Circana: July Retail Sales Reveal a Summer Vacation From Discretionary Spending
Circana said products are prioritized based on need, and financial concerns and competitive product offerings across all channels test brand loyalty.
Galvin Green Introduces Waterproof Dryvr Collection
“Working closely with Pertex and through rigorous testing, we’ve ensured the advanced fabric performs to our exceptionally high standards and are delighted to welcome it into our market-leading Dryvr product range,” —CEO Nicholai Stein
Imperial Promotes David Shaffer to Brand President
Shaffer has been with Imperial for over 13 years, serving in various positions at the company, including director of marketing, VP of sales and marketing, and most recently as senior vice president of sales.
Reima Appoints NA Wholesale Marketing Manager
Cotopaxi veteran Drew Eakins is Reima’s new wholesale marketing manager for North America. He will be based at the brand’s North American headquarters in Golden, CO.
U.S. Census Bureau Reports 5.2 Percent Y/Y Growth for July Core Retail Sales
Sporting Goods, Hobby, Musical Instruments, and Bookstore sales were reported down 6.8 percent y/y from July 2023, doubling the 3.4 percent year-over-year decline reported in June, and down 0.1 percent versus June 2024.
NFL and Fanatics to Stage Pop-Up Shops in Brazil Ahead of Season Opener
The Eagles and Packers will open the 2024 NFL season in Brazil on September 6 at the Corinthians Arena in São Paulo. The NFL and Fanatics will open six retail stores in the country before the first regular-season game, including a roughly 10,700-square-foot superstore and a retail outlet at the NFL Experience.
Walmart’s Strong Second Quarter Drives Wall Street Indices Higher
Walmart Inc. shares were up in the mid single digits on Thursday morning, Aug. 15 and assisted in driving the stock market up as a whole as analysts heralded strong retail numbers.
EXEC: Nike Cuts Off Shipments for Türkiye Online Orders
The move by Nike comes as Türkiye’s Ministry of Trade increases the duty paid on shipments valued over €30 to 30 percent from 20 percent, if arriving from EU countries, and to 60 percent from 30 percent if arriving from other countries.
EXEC: Fila USA Narrows Q2 Net Loss Despite Strong DD Decline in Sales
Revenues were down more in local currencies as constant-currency sales fell 20.4 percent for the second quarter, compared to a 7.4 percent decline in the first quarter.
EXEC: Ahead, Craft, Cutter & Buck Parent Gets Q2 Lift from Sports & Leisure
The Sports & Leisure segment increased 10 percent, and all regions except Other Countries improved their net sales. Net sales from April through June increased to SEK 958.6 (869.2) million.
Perfect Moment Sales Dip in Fiscal Q1 on Heavy E-Commerce Returns
The end-of-season sale for AW23 included an unusually high percentage of products sold at a discount to make room for a new collection replacing many of the brand’s product lines for AW24, partly due to new restrictions on PFAs in apparel.
Dillard’s Q2 EPS Contracts 42 Percent on Lower Sales, Tighter Margins and Rising Expenses
The department store retailer hit the trifecta as sales and margins fell and expenses rose for the fiscal second quarter. The weakest performances came from men’s apparel, accessories and shoes; the best category was cosmetics.
Report: Online Spending Rose in July, but Shifted to Lower Cost Options
Signifyd’s data shows e-commerce sales are still growing, but consumers are relying on discounts and low-cost options as merchants wonder what it means for the coming Holiday shopping season.
EXEC: 361 Degrees Posts Healthy H1 Results, Outpaces China Retail Growth Trends
The strong growth was said to be mainly due to the Group’s continuous efforts in channel rollout and marketing to promote online and offline omni-channel operations.