Deloitte Sees BTS Spending Flattening Amid Financial Concerns
Ongoing perceptions of inflation and a cost-of-living squeeze will keep spending steady from last year as K-12 parents weigh prices and priorities in preparation for the new school year as they budget for necessities and make room for a few indulgences.
Pearl Izumi Promotes Daran Godfrey to VP/GM
Godrey has been Pearl Izumi’s director of U.S. sales under the United Sports Brands umbrella for the past two years. Godrey brings two decades of sales management experience in the cycling space to the role.
EXEC: Merida Bikes Reports Passing of R&D Center CEO and Head of Product
Jürgen Falke, the long-standing CEO and co-founder of Merida R&D Center GmbH in Germany, who recently stepped down from his position for health reasons, passed away on June 13 at the age of 61 after a short, serious illness.
Sportsman’s Warehouse Appoints SVP of Marketing, E-commerce & Loyalty
Susan Sanderson is responsible for the company’s digital and traditional marketing, e-commerce, brand strategy, omni-channel experience, and loyalty programs.
NRF: Consumers Just Getting Started on Planned BTS Purchases
The NRF noted in its report that while shopping is well underway, most (86 percent) consumers still have at least half of their purchases left to make.
EXEC: Merida Bikes’ June Sales Surge Fuels Big Second Quarter Gain
Second-quarter revenues were up 24.8 percent to NT$9.29 billion, with revenues for June 2024 increasing 48.7 percent, May sales growing 7.5 percent and April sales surging 24.0 percent year-over-year.
Macy’s Terminates Arkhouse and Brigade Buyout Talks Over Financing Uncertainty
The Macy’s Board of America intends for the management team to return its full focus to enhancing shareholder value through the execution of the company’s “A Bold New Chapter” strategy.
EXEC: Decathlon Creates Independent Investment Entity
An independent entity within the Decathlon Group, Decathlon Pulse is expected to invest in “innovative people and businesses that share its values and commitment.”
Bass Pro Shops to Open Outpost in Tyler, TX in Early 2025
The retail site is expected to open in the first half of 2025. Upon completion of the Tyler store, Bass Pro Shops will have 18 stores in Texas and employ roughly 100 “outfitters”.
CNBC/NRF Retail Monitor Sees Biggest YoY Retail Sales Jump Since Fall 2023
Retail sales showed moderate growth in June and posted the biggest year-over-over year increase in nearly a year amid a still-solid economy and near-zero inflation for retail goods.
Deckers Brands Will Execute a Six-for-One Forward Stock Split
The parent company of Hoka, Ugg, Teva, Sanuk, Koolaburra, and Ahnu said its Board approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the stock split.
Canada Goose Appoints Chief Digital and Information Officer
Alfredo C. M. Tan will oversee all consumer-facing digital platforms, as well as IT, digital media and marketing and consumer insights.
Fit For Any Adventure: Leatherman Signal
The Signal is a compact multi-tool with a built-in ferro rod, hammer and emergency whistle—features essential for surviving the unexpected in the outdoors.
Nite Ize Adds Indie Sales Representation in TALO Region
The Alpine Cowboy, owned by Stephanie and Koby Crooks for over 25 years, will represent the brand in Texas, Arkansas, Louisiana, and Oklahoma (TALO region).
Legacy1846 Outdoor Group Appoints Industry Vet as CEO
Andrew Sibble has previously held key positions with notable portfolio brand companies, including Plano Synergy, Alliance Consumer Group, Xpedition Enterprises, and Dick’s Sporting Goods.
