EXEC: Giant Group Sees May Sales Decline Accelerate
The Taiwan-based bicycle manufacturer reported a 7.1 percent year-over-year decline for the month to NT$7.2 million.
Report: Solo Camping Continues Upward Trend
The surge in solo camping is closely tied to the availability of free camping sites. In 2023, a significant 65.8 percent of campers chose to camp for free, an increase from 47.5 percent in 2021.
Finisterre Opens First North American Retail Location
The retail storefront, in partnership with Maine Surfers Union in Portland, ME, is expected to spearhead the brand’s global retail expansion into North America.
Kreedom Eyewear Hires National Sales Manager
Brandon Hidalgo was appointed national sales manager, replacing Dave Cohen who departed the company.
Trango Hires Facility Sales Coordinator
Roy Quanstrom will work with Trango’s independent sales teams to enhance its relationship with commercial gyms in the U.S. and “wall” accounts
Report: Troubling Decline in Core Outdoor Participants
Among it’s findings, the OIA 2024 Outdoor Participation Trends Report found that the average number of outings per participant in 2023 fell 11.4 percent from 70.5 per participant in 2022 to 62.5 outings per participant in 2023.
Nalgene Outdoor Celebrates 75 Years with Two Exclusive Designs
Nalgene Outdoor’s anniversary limited edition designs featured on its 32-ounce wide-mouth bottle will be available exclusively on Nalgene.com, with 20 percent of each anniversary bottle sold supporting the Nalgene Water Fund.
Centric Brands Inks Global Licensing Partnership with Messi Brand
The product categories will offer a diverse range of styles that embody the Lionel Messi brand, featuring men’s, women’s and kid’s categories, including apparel, outerwear.
JCPenney Invests $40 Million in Supply Chain Upgrades
As part of the retailer’s self-funded $1 billion reinvestment strategy announced last year, the centerpiece of the upgrade is implementing the Joey Pouch sorting system at its distribution center in Reno, NV.
Helinox Opens Flagship in Paris
The company opened its first retail store in Europe and will also serve as a community hub, hosting events, artists and activities.
Retail Sales in May Weaker Than Forecasted
Retail sales increased slower than expected in May versus the prior month, as high interest rates and inflation pressured consumer spending.
Report: Cooling Rates Spark Strongest Western Resort Bookings in a Year
DestiMetrics reported the positive news for lodging properties and consumers represented the strongest booking pace in over a year, along with a return to more predictable pre-pandemic patterns for day-of-the week arrivals.
Authentic Appoints General Manager of Africa
Authentic Brands Group appointed of Warren Bowers as general manager. Bowers’ previous roles include managing director at Bounty Brands and senior retail director at Adidas.
Bass Pro Sets To Open In Grand Prairie, TX
The store will mark the 15th Bass Pro Shops location in Texas and fifth in the Dallas metro area.
EVent Fabrics Names Marketing and Branding Manager
EVent Fabrics hired Shannon Walton as marketing and branding manager. Previously, Walton represented industry brands as a partner with The Walton Works agency and as a PR and marketing manager for Schoeller Textil, Inc., USA, for ten years.
