EXEC: Big 5 CEO Talks Efforts to Offset One-Two Punch from Weather and Economy
The Apparel category was down approximately 30 percent year-over-year in the fourth quarter. The Footwear category was down approximately 17 percent and the Hardgoods category was down approximately 11 percent for the period.
Big 5 SG Posts Q4 Loss on Sharp Decline in Same-Store Sales
For the fiscal 2024 first quarter, BGFV expects same-store sales to decrease in the low double-digit range compared to the fiscal 2023 first quarter.
Report: Half of Camping Property Owners Added Campsites in 2023
The Dyrt reported that the addition of new campsites was spurred, in part, by results from the previous year’s report, when 58.4 percent of campers reported difficulty booking a site because a campground was sold out.
Primus Taps Silva Distributor and Sales Reps for Canada Expansion
Rock Gear Distribution, the exclusive Canadian distributor for Primus-Silva Sweden AB, has reached new agreements with its existing Silva sales agencies to now represent Primus as well.
Macy’s Inc. Swings to Q4 Loss on $1 Billion Charge for New Plan, Store Closures
Included within the charge is a roughly $950 million non-cash asset impairment charge, primarily related to the approximately 150 locations planned for closure and the remaining associated with corporate assets.
MidwayUSA Hires Merchandising Manager, Gunsmithing
Family-owned and operated since 1977, Midway USA hired Ken Nichols as merchandising manager, gunsmithing. He has an extensive background in firearm accessories within internet retail.
Macy’s, Inc. to Shutter 150 Macy’s Doors, Boost Investment and Door Count in Luxury
As part of the strategy, approximately 15 Bloomingdale’s nameplate stores, 30 new Bluemercury stores and roughly 30 Bluemercury remodels are anticipated to open in new and existing markets over the next three years.
Moncler CEO To Retain 16 Percent Stake in Holding Company
Moncler SpA’s shareholders are cooperatively exiting from its investment in holding company, Double R, to make the company “more accessible” to potential bidders.
Browning Adds Lightweight Basin Series Camp Furniture to Line
The Browning Basin Table and Chair were developed for outdoor adventurers and campers who favor a small, lightweight camping footprint and portable outdoor furniture.
Dillard’s Q4 Sales Decline Year-Over-Year Despite Extra Week
Total retail sales decreased 5 percent on a like-for-like 13-week basis. Sales in comparable stores for that same period decreased 5 percent.
Dickies Appoints VP, Global Marketing
Denise Anderson joins Dickies as VP of global marketing. She comes to the role from VF Corp.’s sister brand Smartwool.
South Florida Ventures Adds Newport International Boat Show to Growing Portfolio
The division of Informa Markets, Plc acquired the Newport International Boat Show from the Newport Restaurant Group, adding the show to its portfolio of boating and yachting events portfolio.
RVIA Sees Strong Towables Shipments Offset Poor Motorhome Shipments
The January 2024 survey of manufacturers found that total RV shipments ended the month with 22,674 units, an increase of 11.1 percent compared to the 20,405 units shipped in January 2023.
Sustainable Apparel Coalition Rebrands as Cascale
In 2009, Walmart and Patagonia founded the SAC to convene apparel industry stakeholders on a pre-competitive basis and develop a common approach to measuring sustainability.
EXEC: Merrell Expects DD Decline in 2024; Return to Growth in H2
Merrell declined 17.0 percent in Q4 to $161.8 million. For the full year, Merrell was down 11.3 percent in constant-currency to $675.8 million. Merrell is expected to decline in the low-double-digit range in 2024 with inflection to growth in the second half.
