Report: Holiday Shopping Intentions Driven by Consumer Optimism, Quest for Value
This year’s household food and grocery costs will impact holiday shopping for 62 percent of consumers, but more holiday shoppers, 57 percent, feel positive about personal finances than in 2023.
Vail Mountain and Town of Vail to Develop Fourth Base Village
The Town of Vail, Vail Resorts, and East West Partners have inked a partnership to develop the West Lionshead area into a fourth base village at Vail Mountain.
Amazon Plans to Hire 250,000 Holiday Workers, Same As Last Year
Amazon aims to add 250,000 U.S. seasonal employees during the 2024 holiday season, matching its target number from 2023.
GSM Outdoors Acquires Roboworm
Roboworm has produced hundreds of millions of bass worms. “When you think of impactful soft plastic brands in the bass fishing space, you can’t have the conversation without talking about Roboworm.” —Crispin Powley, SVP of fishing, GSM
SIA: U.S. Snow Sports Participation Surpasses 30M
SIA’s annual study highlights key trends and insights from the past season and a comprehensive view of the health and growth of the snowsports industry.
PrimaLoft Beefs Up Product Team
PrimaLoft, Inc. appointed Chris Gallo as senior vice president of product strategy and Andrea Paulson as senior vice president of innovation and technology. Gallo was most recently at Nobull while Paulson was at Saucony.
Firedisc Cookers Adds New Indie Sales Agency
The maker of portable cooking solutions hired Alexander-Townsend as its sales representative partner.
EXEC: Rip Curl and Oboz Parent Taps Former Nike Exec as New CEO
The parent company to the Rip Curl, Oboz and Kathmandu brands has named former Nike executive and current KMD Board member Brent Scrimshaw as its new group CEO. Michael Daly has given notice to the Board of his resignation.
Compass Diversified Acquires Lifoam Industries
Compass Diversified announced that its subsidiary, Altor Solutions, a manufacturer of custom protective and cold-chain packaging solutions for the industrial and life sciences markets, completed its previously announced acquisition of Lifoam Industries, LLC.
EVent Fabrics Announces New Hires
EVent Fabrics announced the hiring of Bartosz Lassak as senior sales manager for the Eastern U.S. region, Xie Yi as textile engineer and Terry Kim as senior consultant in Korea.
Nordstrom Rack to Open New Store in Massachusetts
The 25,000-square-foot Nordstrom Rack will open in the fall of 2025 in the The Landing at Hyannis. Nordstrom operates seven Nordstrom Rack stores in Massachusetts, generating over 900 jobs statewide.
EXEC: Patagonia Lays Off 41 Employees at Ventura HQ in Restructuring
CEO Ryan Gellert said in a LinkedIn post that the restructuring aims to “enhance product development, improve customer experiences, and foster a vibrant workplace culture.”
DMR Bikes Hires North America Sales and Marketing Manager
Mike Flaherty will support the bike maker’s two North American distributors, BTi and QBP, along with LTP in Canada and a growing network of dealers stocking DMR Bikes products.
Dockworkers Now on Strike at East and Gulf Coast Ports
The strike spans from Maine to Texas and blocks everything from food to auto shipments across dozens of ports. Analysts have warned that this could cost the economy billions of dollars a day, threaten jobs and potentially stoke inflation.
Moncler to Open New York City Flagship
The location will represent the largest store for the Italian outerwear brand worldwide and follows the announcement that French luxury group LVMH Moet Hennessy Louis Vuitton would invest in Moncler in a deal that gives it a seat on the company’s board.
