Deloitte: Summer Travel Stays the Course Amid Pricing Pressures
As costs takeoff, shifting demographics and desire to stretch dollars are likely changing how Americans travel. In its new report, Vacations Pass the Value Test: 2024 Deloitte Summer Travel Survey, Deloitte examines the trends and preferences that could shape the upcoming summer travel season.
Academy Sports + Outdoors Opens First Ohio Store, Expands Footprint to 19 States
The Zanesville, OH is roughly 54,000 square feet, marking the third store the retailer has opened in 2024. Academy plans to expand its retail footprint by opening 15-to-17 stores in its fiscal 2024 year, with 160-to-180 new stores over the next five years.
Macy’s, Inc. Narrows Full Year Guidance Range After Solid Start to Year
Macy’s nameplate go-forward business comparable sales were down 1.3 percent on an owned basis and flat on an owned-plus-licensed-plus-marketplace basis. First 50 locations comps were up 3.3 percent on an owned basis and up 3.4 percent on an owned-plus-licensed basis.
Amer Sports Easily Beats Q1 Guidance on Lift from Arc’Teryx, DTC and Asia
First quarter revenue increased 13 percent to $1.2 billion led by a 44 percent increase in the Technical Apparel segment and Asia. Outdoor Performance revenue increased in Greater China, Asia Pacific, and EMEA, offset by a decline in the Americas.
Fieldsheer Hires New Director of Products
Karin Trevino’s career spans almost 25 years, working across multiple business functions in the apparel, swimwear and furniture industries as a designer, co-owner, consultant, and operator.
Royal Robbins Adds New Indie Sales Agencies in Three Key Territories
Venture West Sales is the new agency for the West Coast territory, while Round Lake Sales covers the Western Great Lakes territory and Kevin Brew Sales lead sales efforts in the Mid-Atlantic.
Kent Outdoors Divests Kona Bikes to Founders-Led Group
The company successfully closed on selling Kona Bikes to a group led by Kona’s original founders, Dan Gerhard and Jake Heilbron. Kent acquired the bike brand with the Bote brand in early 2022.
SeaWide Marine Distribution Opens New Distribution Center
The company said the new 520,000-square-foot space is strategically located to enhance SeaWide’s distribution capabilities while maximizing service levels for its customers and suppliers.
America’s Conservation Enhancement Reauthorization Act Passes U.S. Senate
America’s Conservation Enhancement Reauthorization Act includes funding for fish habitat restoration, pollution reduction in the Chesapeake Bay, invasive species management, and the protection of traditional tackle.
NBDA E-Bike Survey Reveals Leading Brands, Services and Systems
With the ebike category experiencing unprecedented growth, the trade association of independent bicycle dealers said feedback gathered from over 552 bicycle retailers across North America provided invaluable insights into supplier performance and retailer satisfaction.
REI Chicago Union Workers Disrupt Anniversary Sale, Walk Off Job
REI Union Chicago workers walked off the job this on Saturday May 18, during the retailer’s annual Anniversary Sale, demanding the retailer reach a “fair contract” by the end of 2024.
Fidlock USA Continues Growth
As part of the company’s growth plan, Fidlock diversified into new product categories, positioning it for expanded U.S. market reach and increased sales representation in the Southeast, Mid-Atlantic and Northeast regions.
EXEC: Tom Cove to Retire from SFIA Leadership Post in October
Always the gentleman, always understated and always a class act, Tom Cove let slip this week that he will retire from his leadership role at the SFIA, the Sports & Fitness Industry Association, formerly SGMA, in the fall.
Report: Public Lands See Increased Visitors as Recreation Funding Declines
Led by the Outdoor Alliance, 34 outdoor recreation organizations and businesses called on lawmakers to “fully fund recreation budgets at the U.S. Forest Service and the Bureau of Land Management.
Vineyard Vines Opens Store at Walt Disney World Resort
The new store in Disney Springs offers the brand’s signature collections of clothing and accessories for men, women and kids, including Vineyard Vines e t-shirts and swimwear.
