SGB Outdoor

REI Co-op Appoints Chief Marketing Officer

The specialty retailer said Abigail Jacobs brings an impressive background leading marketing for major consumer retailers including Sephora, Williams-Sonoma, West Elm and the Pottery Barn brands.

S&P: Holiday 2024 Sales Growth Will Fall Short of 2023

S&P Global Ratings is forecasting that holiday sales growth will slow to about 3 percent in 2024 from 4.7 percent last year, remaining below the 10-year average of 5.3 percent. The firm said its outlook is influenced by waning, but persistent, inflation that has pressured household budgets.

CNBC/NRF: October Retail Sales Bounce Back

Leaders in the year-over-year growth included E-Commerce & Catalog; Clothing, Footwear & Accessories stores, and Health & Personal Care stores. The Sporting Goods sector, which also includes Hobby, Music and Book stores, posted solid (+2.7 percent) month-over-month results but declined year-over-year.

Leica Appoints Director of Marketing for Sport Optics

Ryan Holm joined Leica USA’s sports optics division and has now stepped into the leadership role as part of Leica’s strategy to reenergize its brand and build on momentum across core verticals such as hunting, birding, and outdoor recreation.

EXEC: Thule Group Set to Acquire Aussie Phone Mount Company

Australia-based Quad Lock is expected to help to strengthen Thule Group’s position in the Asia-Pacific region, where the acquisition increases the share of Thule’s sales from ~5 percent to 10 percent. Direct-to-consumer sales will increase from ~7 percent to 15 percent of sales.