SGB Footwear

La Sportiva Acquires Majority Stake in Meet Italia

La Sportiva reported it acquired a majority stake in the Veneto-based company Meet Italia, a manufacturer that produces Made in Italy mountain footwear and with a strategic partner that has been in place for over twenty years.

Bob’s Stores To Open Three Locations

Bob’s Stores plans to open a “flagship” store in Norwalk, CT, that will also carry merchandise from sister retailer Eastern Mountain Sports within the next few months. It’s also planning two other Connecticut stores in Hamden and Southington.    

NRF Economist Sees Consumer Spending Growth Slowing

U.S. consumers are still buying more than last year, but spending growth has slowed as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation Chief Economist Jack Kleinhenz said Thursday.