NBDA Expands E-bike Database Initiative
The National Bicycle Dealers Association database is meant to be a vital tool for retailers, consumers, e-bike incentive programs, and municipalities seeking to ensure the highest standards of safety and quality in the e-bike market.
VF Corp. To Roll Out 300 Additional Mono-Brand Retail Stores
The parent company of Vans, TNF, Timberland, and other active lifestyle brands engaged with Dubai-based global retail conglomerate GMG to expand its retail network across the Middle East, North Africa, and Southeast Asia markets over the next five years.
CPSC Issues Recall Warning on Certain Refillable Fuel Bottles
CPSC issued a Notice of Violation to the seller Shenzhen Pink Vine Technology Co. Ltd., of China, but the firm has not agreed to recall these fuel bottles or offer a remedy to consumers.
Carhartt Launches Limited-Edition National Park Collection
“Inspired by the hardworking people who preserve the beauty and safety of our national parks, this collection aims to raise awareness around our partnership with the National Park Foundation.” —Susan Hennike, Chief Brand Officer, Carhartt
Massimo Group Closes IPO; Commences Nasdaq Listing
The manufacturer and distributor of powersports vehicles and pontoon boats, closed on the initial public offering of 1,300,000 shares of its common stock at an IPO price of $4.50 per share.
Christy Sports Shuttering All New Mexico Stores
Christy Sports operates six stores in New Mexico, including four in Taos Ski Valley under the banners Cottam’s, Alpine Xtreme and Bootdoctor’s. One location in downtown Taos is under Cottam’s, and there is one seasonal Cottam’s in Santa Fe.
Bridging DTC and Wholesale: Your Brand’s Path to Sales
Discover how blending DTC and wholesale strategies with a dash of tech can boost your brand’s sales and market presence.
EXEC: Sportsman’s Warehouse Kicks Off ‘Spring Reset’ to Clean Inventory, Grow Sales
Wall Street reacted positively to the planned changes, and the Q4 earnings beat as SPWH shares surged 21 percent on Thursday, closing at $3.79 a share. The inventory reduction efforts were said to be $10 million better than planned.
REI and Partner Expand Camping Experience near Bryce Canyon NP
The companies collaborated to create elevated platforms from Trex composite decking to elevate tent set-ups, expanded REI’s Signature Camp near Bryce Canyon National Park in Utah.
Consumer Confidence Index Flat in March, but Outlook Index May Signal Trouble Ahead
The Consumer Confidence Index was 104.7 in March, essentially unchanged from February. But the Expectations Index, based on consumers’ short-term outlook for income, business and labor market conditions, fell to 73.8, which is in recession territory.
NRF: Economy Remains ‘Sturdy’ Despite Forecast for Slower Growth
Adjusted for inflation, GDP is expected to grow about 2.3 percent year-over-year, slower than last year’s 2.5 percent but still strong enough to sustain job growth that drives consumer spending.
Sportsman’s Warehouse Posts DD Same-Store Sales Decline in Q4; Swings to Loss
The retailer reported lower-than-expected Q4 sales for the 14-week period ended February 3, but indicated it was successful in reducing excess inventory. Same-store sales decreased 12.8 percent on a 13-week comparable basis.
Leki USA Hires New Sales Representation for Great Lakes Region
Specialty Sports Reps (SSR) will cover the Great Lakes trekking and outdoor retail territory (Michigan, Ohio, Indiana, and Kentucky), effective immediately.
Peak Ski Company Appoints Director of Operations
Alex Ford was, most recently, operations manager and has been with the company since its launch In April of 2022.
Gordon Brothers Acquires Catch Co. Assets
Catch Co. brands include Mystery Tackle Box, 10,000 Fish, BioSpawn, Hard Hat Jigs, Heavy Metal Tungsten, Stickies Hooks, and collaborations.
