Lululemon becomes an official apparel partner of Life Time Tennis and Pickleball.
Category: Apparel
Report: First Quarter Results Show Economy is Slowing but “Remains Resilient”
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, according to recent comments from National Retail Federation (NRF) Chief Economist Jack Kleinhenz.
Surf Expo and OR Parent Posts Solid Q1 with Sales and Profits Both Up
The owner and manager of the Outdoor Retailer and Surf Expo B2B trade shows in the active lifestyle market, and other large shows and conferences, posted revenues of $133.4 million in Q1 2024, an increase of 9.1 percent year-over-year.
Titleist Drives Double-Digit Q1 Growth in U.S. Market for Parent Company
The U.S. market set the pace for the quarter with a 13 percent increase in sales year-over-year. Net sales in regions outside the U.S. decreased 8.5 percent (-6.5 percent CC), due primarily to lower sales in Korea, EMEA and Japan.
Nordstrom, Inc. to Open New Rack Location in Minnesota
The new 30,000-square-foot Nordstrom Rack store will be in Apple Valley, MN, and it is scheduled to open in spring 2025 in the Fischer Marketplace.
EXEC: Black Diamond Returns to U.S. Growth in Q1, Posting DD Gain as Inventory Clears
By fall of 2025, all of our apparel and packs will be PFAS free, but there will likely be some residual PFAS inventory to clear in the first half of next year. BDE also made to exit the ski bindings business in the first quarter.
Kent Outdoors Hires Chief Supply Chain Officer
Dave D’Angelo brings over 25 years of experience in manufacturing, global operations and supply chain optimization to the company.
Report: Golf Apparel Sales in Specialty Market Fall in Mid-Teens in Q1
The green grass sub-channel, which accounts for the bulk of golf apparel sales, is almost 19 percent down for the first quarter, while off-course specialty stores fell by 6 percent.
Report: Nordstrom Sees Interest from Sycamore Partners in Take Private Effort
Nordstrom, Inc., in its efforts to take the company private, reportedly received interest from buyout equity firm Sycamore Partners, according to early reporting from Reuters, citing “people familiar with the matter.”
Puma Hoops and Lamelo Ball to Launch First Lifestyle Shoe
LaFrancé takes its inspiration and name from Ball’s lifestyle brand specializing in designer streetwear. The inspiration for the style comes from the chunky silhouettes of the 90s and early 2000s skate footwear.
Clarus Sees Q1 U.S. Outdoor Wholesale Growth Offset by Weaker Europe and Distributors
The Black Diamond-dominated Outdoor segment sales were $47.0 million, compared to $52.8 million in the year-ago quarter, due primarily to weakness in European and independent global distributor markets, partially offset by growth in the North American wholesale channel.
Brooks Running Posts Record First Quarter as Global E-Comm Jumps 22 Percent
In Q1, the brand launched six new footwear styles contributing to 10 percent growth in footwear sales year-over-year in what the company said would be a record year for product introductions.
ThredUp Appoints New GM for European Business
Former executive of Pigu Hobby Hall Group and eMag, Florin Filote, to lead European business as long-time GM of Europe Dan DeMeyere transitions back to ThredUps U.S. business as chief product and technology officer after running international business.
Lee Launches Men’s Golf Collection
The technology-infused curated assortment includes tops and bottoms that are made to transition from the office to the green.
EXEC: BOA Fuels CODI’s Q1 Branded Consumer Group; Primaloft Sees Order Growth
BOA grew revenues and adjusted EBITDA by 13 percent and 15 percent, respectively in the first quarter of 2024. Bookings outpaced revenue growth, which supports expectations of a strong 2024.
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