Macy’s, Inc. to Shutter 150 Macy’s Doors, Boost Investment and Door Count in Luxury
As part of the strategy, approximately 15 Bloomingdale’s nameplate stores, 30 new Bluemercury stores and roughly 30 Bluemercury remodels are anticipated to open in new and existing markets over the next three years.
Moncler CEO To Retain 16 Percent Stake in Holding Company
Moncler SpA’s shareholders are cooperatively exiting from its investment in holding company, Double R, to make the company “more accessible” to potential bidders.
Browning Adds Lightweight Basin Series Camp Furniture to Line
The Browning Basin Table and Chair were developed for outdoor adventurers and campers who favor a small, lightweight camping footprint and portable outdoor furniture.
Dillard’s Q4 Sales Decline Year-Over-Year Despite Extra Week
Total retail sales decreased 5 percent on a like-for-like 13-week basis. Sales in comparable stores for that same period decreased 5 percent.
Dickies Appoints VP, Global Marketing
Denise Anderson joins Dickies as VP of global marketing. She comes to the role from VF Corp.’s sister brand Smartwool.
South Florida Ventures Adds Newport International Boat Show to Growing Portfolio
The division of Informa Markets, Plc acquired the Newport International Boat Show from the Newport Restaurant Group, adding the show to its portfolio of boating and yachting events portfolio.
RVIA Sees Strong Towables Shipments Offset Poor Motorhome Shipments
The January 2024 survey of manufacturers found that total RV shipments ended the month with 22,674 units, an increase of 11.1 percent compared to the 20,405 units shipped in January 2023.
Sustainable Apparel Coalition Rebrands as Cascale
In 2009, Walmart and Patagonia founded the SAC to convene apparel industry stakeholders on a pre-competitive basis and develop a common approach to measuring sustainability.
EXEC: Merrell Expects DD Decline in 2024; Return to Growth in H2
Merrell declined 17.0 percent in Q4 to $161.8 million. For the full year, Merrell was down 11.3 percent in constant-currency to $675.8 million. Merrell is expected to decline in the low-double-digit range in 2024 with inflection to growth in the second half.
EXEC: Fox Factory’s Q4 and Full Year Results Gutted by Declines in the Bike Business
Consolidated net sales declined 9 percent to $1.46 billion for the full year. The decline for the year was attributable to the Specialty Sports Group Bike segment, which was down $309 million, or 45 percent, year-over-year.
Marmot, Coleman Parent Sets Board Refresh
Bridget Ryan Berman Will Succeed Robert Steele as Chair; James Keane Elected to Board of Directors
Shred. Expands Global Distribution
Shred. entered into strategic partnerships with ILP Inc. in Japan, Helia Trade in the Czech Republic, 4Seasons Sports in Poland, and The Group Distribution in Italy, expanding the brand’s global distribution network.
Tumi Introduces New Silhouettes in 19 Degree Aluminum Collection
This latest chapter in Tumi’s Essentially Beautiful campaign highlights the newest 19 Degree Aluminum styles, including the Backpack, the Compact Carry-On, the Briefcase, and Minaudiere.
EXEC: S&P Issues Damning Report on the Health of TNF and Vans Parent
S&P Credit Rating analysts lowered their forecast for VF and now believe the company will have to sell “sizeable brands” to meaningfully reduce leverage in the near term.
Idea Ranch Promotes Three Employees to Account Supervisors
Idea Ranch, the advertising, PR and consumer insights company serving the outdoor industry, promoted Kevin Waggoner, Dillon Jones and Katie Murphy to Account Supervisors.
