Nordstrom Rack to Open New Store in San Diego
With this new location opening in Fall 2024 and to other announced store openings, Nordstrom will operate 68 Nordstrom Rack stores, 22 Nordstrom stores, 5 Nordstrom Locals, and one asos | Nordstrom in California.
The Rossignol Group Names VP Direct-to-Consumer
Daniele Milani joins the Group to continue “accelerating the growth of its DTC business, aiming at progressing from “10 percent to more than 15 percent of revenues by 2026.”
EXEC: Active Lifestyle Retail Weathers Rough Second Quarter Waters
Although a few retailers outperformed in the second quarter, big names in the active lifestyle space fought through a challenging quarter amid promotional pressures, retail theft and the consumer’s continued shift away from discretionary purchases.
Academy Sports Opens First Store in Brenham, TX
Academy Sports + Outdoors announced it opened its first store in Brenham, TX, with a grand opening planned from September 15-17.
Pelican Products Appoints James Curleigh as CEO
The maker of protective cases, coolers, outdoor accessories, and temperature-controlled packaging, appointed James Curleigh as CEO. The outdoor industry veteran was, most recently, CEO of Gibson Guitars.
Zanders Sporting Goods Appoints President/COO and Director of Procurement
Zanders Sporting Goods promoted Dan Siegler to president and chief operating officer and Luke Poston to director of procurement.
NRF Now Sees 2023 Retail Sales at Low End of Earlier Forecast
The March forecast called for 2023 retail sales to increase between 4 percent and 6 percent over 2022; however, the Fed’s interest rate increases slowed the economy and the NRF believes there is a good chance that sales will end up in the lower range of the forecast, if not lower.
NRF: Import Cargo Volume Could Hit 2 Million TEU Three Months in a Row
Import cargo volume at the nation’s major container ports is expected to hit the 2 million Twenty-Foot Equivalent Unit (TEU) mark for the second consecutive month in September and remain there in October.
VF Corp. Loses Appeal On Tax Dispute Tied to Timberland Acquisition
VF reported in a regulatory filing that The U.S. Court of Appeals for the First Circuit decided in favor of the IRS in a tax issue connected to its acquisition of Timberland in September 2011.
Yue Yuen Sees Another Sharp Footwear Manufacturing Sales Decline in August
The manufacturer of footwear for most major outdoor and athletic brands, reported that in August, net consolidated operating revenue, declined 19.8 percent after posting a 106 percent increase in the prior-year month.
Mark’s Rolls Out Two New Workwear Retail Formats in Canada
Mark’s, the Canadian retailer owned by Canadian Tire and sister company to SportChek, Sports Experts, Pro Hockey Life, and Helly Hansen, introduced two new industrial-exclusive retail stores—Mark’s WorkPro and L’Equipeur Pro.
Cotopaxi Taps Two Outdoor Industry Sales Vets to Drive Wholesale Sales
Joining the team in August are Jody Carlson as VP of global wholesale and Kari Larsen as director of North American wholesale.
EXEC: American Outdoor Brands Execs Detail Fiscal First Quarter Progress
The recent issues with inventory and reduced consumer demand in the broader firearms market at retail had an effect of the company’s Shooting Sports segment, but strong growth in the company’s Outdoor Lifestyle segment offset the decline in the shooting accessories business.
Portland’s Andy and Bax to Close
Andy and Bax, the Portland, OR-based retailer of camping equipment and military surplus gear, is closing after 78 years.
EXEC: Zumiez Hopeful for Holiday Selling After Q2 Beat and BTS Momentum
Zumiez, Inc. reported better-than-expected Q2 results with sales declines lessening further into the third quarter, including men’s, its largest category, turning positive. The action sports chain predicted another high-single to low-double-digit decline for the third quarter but remains hopeful of continued improvement through holiday selling.
