Massimo Group Pontoon Boat Sales Crash in Q3, Less Weakness in E-Bikes, ATVs and UTVs
The company said the 14.4 percent decrease in revenue was primarily due to a significant drop in Pontoon boat sales, and a slight decrease in sales of UTV, ATV and e-bikes.
Ugg Take Two with Post Malone
The second film features the Ugg men’s Heritage Pull-On TrailGazer worn by Malone and a partnership to bring Feel House, the brand’s multi-sensory retail experience, to life in Los Angeles later this month.
EXEC: Safilo Saw Smith’s Q3 Performance Hurt by Still Cautious U.S. Market Environment
The quarterly performance showed lingering soft trends in North America and Asia, while trends proved more resilient in Europe, despite the slowdown of the sunglasses business. Smith’s performance remained affected by a still cautious market environment.
Ugg Celebrates the Holiday Season with “Corner” Pop-Up in Nordstrom NYC
“Ugg at The Corner” features a curated selection of Ugg-branded footwear, outerwear, sportswear, socks, robes, and cold-weather accessories for men, women and kids.
Perfect Moment Sees Fiscal Q2 Sales Fall 35 Percent Leading into Key Winter Season
The company’s net loss was $2.7 million or a loss of 17 cents per basic and diluted share in the fiscal second quarter, compared to a net loss of $0.8 million or a loss of 29 cents per basic and diluted share in the year-ago Q2 period.
Dillard’s, Inc. Net Income Falls 21 Percent Year-Over-Year as Sales Dip 4 Percent
The retailer reported that Cosmetics was its strongest-performing merchandise category, with the weakest performances noted in juniors’ and children’s apparel and men’s apparel and accessories.
Turtleson Bolsters Sales Representation for Mid-Atlantic
Available in golf shops, men’s specialty stores and online, Turtleson sportswear will be represented by in-house industry veteran industry veteran Mark Gama in Virginia, Maryland, Delaware, Pennsylvania, and New Jersey.
Nordstrom Rack to Open New Idaho Location in Fall 2025
The 25,000-square-foot store will be located in The Village at Meridian, a shopping center that includes Lego, Evereve, Warby Parker, and Brandy Melville. The Village at Meridian is owned and managed by CenterCal Properties, LLC.
Report: Christmas Gifting Trends and Consumer Insights from YouGov Survey
YouGov data suggests word of mouth remains the best way for companies to make their products the hottest Christmas gift of 2024, with 18- to 34-year-olds twice as likely to get their gift ideas that way versus social media.
Thermore Launches First Consumer Campaign: “Power Comes from Within”
Imagined by the global creative team, Innocean Italy, the brand’s manifesto highlights the quality and versatility of its synthetic insulation and its commitment to wellness, comfort and sustainability, featuring apparel companies, Aspesi, Emporio Armani and Karbon.
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.”
Wolverine Worldwide Opens Boston Innovation Hub for Product and Design Teams
The 11,000-square-foot facility will accommodate employees from the company’s design and product teams, including Saucony product team members in design, development, product management and merchandising.
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.
October Inflation Rate Gains 20 Basis Points from September’s Year-Over-Year Reading
The CPI, which measures costs across a spectrum of goods and services, increased 0.2 percent for the month. That took the 12-month year-over-year inflation rate to 2.6 percent, up 20 basis points from September.
Winter Occupancy Down on Higher Rates at Western Mountain Resorts
Overall, winter occupancy and rates are pretty even with last winter as of October 31, but the first three months of the season, from November through January, are more sluggish than usual. December is the biggest concern.
