Hotlines Establishes U.S. Distribution To Support Bike Channel
Hotlines, the B2B distributor owned by Signa Sports United North America, launched in North America, with its headquarters in Park City, UT, to serve the U.S. bike market by offering a wide range of Nukeproof products.
Industrial Revolution Names New Regional Sales Manager
Industrial Revolution named Harrison Frye as regional sales manager, responsible for managing relationships across the company’s markets, managing accounts and overseeing independent reps and distributors of its brands, including UCO, Morakniv, Esbit, and Pedco.
NRF: Imports Climbing But Below Pandemic Peaks
Import cargo volume at the nation’s major container ports should climb steadily through the summer but will remain below record-setting levels seen during most of the pandemic, according to the Global Port Tracker report* released by the National Retail Federation (NRF) and Hackett Associates.
Brunswick Corp. Makes Changes To Segment Reporting
Brunswick Corporation updated its reportable segments from three to four—Propulsion, Engine Parts & Accessories, Navico Group, and Boat. The company’s previous Parts & Accessories reportable segment now splits into Engine Parts & Accessories and Navico Group.
Ports Of Los Angeles And Long Beach Temporarily Shut Down
The Ports of Los Angeles and Long Beach were back in operation Saturday after a worker shortage shut down the largest U.S. port complex for the better part of two days.
BRC: March UK Retail Foot Traffic Up 6.8 Percent But Lags February Rate
The British Retail Consortium (BRC) is reporting that total U.K. footfall (retail foot traffic), as measured by BRC-Sensormatic IQ data, increased by 6.8 percent in March year-over-year (YoY), 3.6 percentage points worse than February and worse than the 3-month average increase of 9.5 percent.
NRF: Full Effect Of The Fed’s Monetary Tightening Has Not Shown Up
The National Retail Federation’s (NRF) Chief Economist, Jack Kleinhenz, believes its recently-published 2023 retail sales forecast was one of the most difficult written to date.
Mammut Avalanche Shovels Face Recall
Mammut Sports Group has recalled about 5,580 Alugator Ride 3.0 Hoe and Alugator Ride SE avalanche shovels.
VF Corp. Realigns Leadership At Dickies, Altra, Smartwool, And Icebreaker
VF Corp. announced key leadership appointments at its Dickies, Altra, Smartwool, and Icebreaker brands, effective immediately.
Mastercard: March Retail Sales Up 4.7 Percent, Driven By Growth In Service Sector And Grocery
According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales, excluding automotive, were up 4.7 percent year-over-year in March.
Ermenegildo Zegna Swings To 2022 Profit On Double-Digit Sales Growth
Ermenegildo Zegna N.V. reported that revenues for 2022 were €1.49 billion, up 15.5 percent year-over-year. Excluding the Greater China Region, which was affected by COVID-19-related restrictions throughout 2022, mainly from mid-March to the end of May and then again in the fourth quarter, 2022 revenues were up 42 percent year-over-year.
Clarus’ President John Walbrecht Steps Down
Clarus Corp., in a regulatory filing, said John Walbrecht, company president, mutually agreed to terminate employment effective March 31.
Pure Fishing Appoints New CEO As Kent Moves To Board
Pure Fishing hired Dave Allen as CEO, replacing Harlan Kent, who moves into a new role as a member of the company’s board of directors and a special project advisor.
Meijer To Open Indiana Supercenter
Meijer will open a new 159,000-square-foot supercenter in Elkhart, IN, on May 11, making it the 11th Meijer store in Northern Indiana, and will include a Meijer Express gas station, scheduled to open on April 13 adjacent to the center.
Camping World Holdings To Acquire Arkansas RV Center
Camping World Holdings, Inc. reported it would acquire Breeden RV Center in Van Buren, AR. The acquisition, closing in the second quarter of 2023, will increase the company’s Arkansas location count to four.
