November Sales Show Small Gain, Tops Expectations
The Commerce Department reported that retail sales rose 0.3 percent in November over the prior month, stronger than the 0.2 percent decline in October and better than the Dow Jones estimate for a decrease of 0.1 percent.
Nordstrom Rack to Open in Noblesville, IN in Fall 2024
The 25,000-square-foot store, located in Hamilton Town Center, which includes Ulta, Ross, Dick’s Sporting Goods, and Total Wine, is owned and managed by Simon Property Group.
Survey: 142 Million Shoppers Expected for Super Saturday
According to the National Retail Federation, the number of expected shoppers is up significantly from the last time Super Saturday fell on December 23, when 126 million consumers were expected to shop on that day in 2017.
PeopleForBikes Coalition Board Reviews 2024 Priorities
PeopleForBikes Coalition Board of Directors, a group of 21 bike industry leaders, virtually met for its semi-annual gathering on December 12 to review the organization’s top priorities and initiatives for 2024.
Rossignol Opens Brand Store in the French Alps
The new store in Courchevel, a summer and winter vacation destination in the French Alps, sells its full range of apparel and winter sports equipment.
Lucyd Eyewear signs NFL Defensive End as Ambassador
Innovative Eyewear, Inc., the manufacturer of ChatGPT smart eyewear under the Lucyd, Nautica, Eddie Bauer, and Reebok brands, signed Emmanuel Ogbah as brand ambassador. Ogbah plays for the NFL as a defensive end for the Miami Dolphins.
EXEC: McKinsey Identifies Tech Outerwear Among Hot Fashion Trends For 2024
In its The State of Fashion 2024 study, McKinsey & Co. provided a bullish outlook for technical outerwear, stating the category “has been propelled by consumers post-pandemic embrace of healthier lifestyles as well as ‘gorpcore,’ and is likely to accelerate even further in 2024.”
Gerber Gear Hires Marketing Chief
Gerber Gear, based in Portland, OR, hired Ash Williams as the outdoor brand’s new head of marketing, effective December 4. Williams was, most recently, the VP of marketing at Grundéns.
Yamaha U.S. Marine Business Names Senior Manager in Financial Planning
Yamaha U.S. Marine Business Unit hired Chris Postanowicz as senior manager of Marine Financial Planning and Analysis.
La Sportiva Releases New Skis and Alpine Touring Boots for 2024
La Sportiva is releasing four new ski models for 2024—Capo, Tempo, Sorriso, and Salto, and two new lightweight alpine touring boots, Kilo and Stratos Hybrid.
Vuori Opens Stores In New York City and Chicago
Vuori opened new stores in New York City and Chicago, representing a second location for the brand in each city. The NYC store opened on the Upper East Side, the Chicago storefront in Lakeview.
Sam’s Club to Reopen Store In Grapevine, TX
Sam’s Club reported plans to reopen in Grapevine, TX, in late 2024 after closing the store due to storm damage incurred in December 2022.
Study: Retailers See Online Sales Boosted by Store Openings
ICSC quantified the impact of opening or closing physical stores on online sales and retailers’ overall performance. Its latest study, the third installment in ICSC’s research on the halo effect of brick-and-mortar retail on online sales, is said to again prove the power of physical retail by demonstrating that a new store boosts online sales, while a closed store impedes them.
Vista Outdoor, Sport Dimension Renew Jimmy Styks License
Vista Outdoor, Inc. and water sports products manufacturer Sport Dimension, Inc. announced the renewal of their Jimmy Styks LLC brand license covering stand-up paddle boards, inflatable stand-up paddle boards, kayaks, and water mats.
Oberalp Group Hires New Sales and Marketing Director
The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country, and Evolv, hired Loren Morshead as sales and marketing director for North America for the five brands in the U.S. and Canada.
