ISPO To Launch Digital Live Conference

ISPO has developed a digital live conference, ISPO Re.Start Days, for the sports and outdoor industry. The event, to be held between June 30 and July 1, will offer orientation for the “new normality” during and after COVID-19.

REI Forms Partnership With West Elm

REI Co-op formed a partnership with West Elm, the home furnishings retailer, on an outdoors-themed home goods collection. The collection marks the first time REI will sell gear through another retailer.

Consumer Confidence Ticks Up In May

The Conference Board Consumer Confidence Index held steady in May, following a sharp decline in April. The Index now stands at 86.6 (1985=100), up from 85.7 in April.

Thor Industries Releases RV Consumer Survey Report

A survey of RV owners and prospective owners across North America found that 94 percent of consumers still plan to vacation in 2020. The survey from Thor Industries, a leading maker of motorhomes and campers, explored changes in RV consumer travel and purchase intent since the onset of the coronavirus pandemic.

The Orvis Company Appoints Simon Perkins President

Orvis announced the appointment of Simon Perkins to president. Perkins will assume full strategic and operational leadership of the company as president and is the third generation of the Perkins family to lead Orvis since 1965. Outgoing President/CEO Bill McLaughlin will act as an advisor through the transition period.

Deckers Brands’ Q4 Profits Slide

Deckers Brands Inc. reported earnings on an adjusted basis were off 35.3 percent as sales slid 4.9 percent.  A 51.8 percent hike in Hoka One One’s sales was unable to offset a 17.9 percent decline at Ugg tied to store closures.

Canada Goose Lays Off 125 Employees

Canada Goose Holdings Inc has laid off 125 workers, about 2.5 percent of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.

Target’s Same-Store Sales Grew 10.8 Percent

Target Corp. reported first-quarter comparable sales grew 10.8 percent, driven by a 12.5 percent increase in average basket, as guests made fewer, bigger shopping trips. Store comparable sales increased 0.9 percent. Digital comparable sales grew 141 percent. Profits slumped 64 percent due to incremental pay and investments in safety measures.