EXEC: Industry Organizations Push Back on Biden Administration’s Tariff Decisions
The decision to maintain Section 301 China tariffs and implement new tariffs has U.S. retail and brand companies up in arms over the decision released this week by the Biden administration.
U.S. Sporting Goods Segment Retail Sales Decline in April as Market Grows 3.9 Percent
Sporting Goods, Hobby, Musical Instrument, Bookstore sales were reported down 4.7 percent YoY from April 2023 and down 0.9 percent versus March 2024. Clothing and Clothing Accessories Stores sales were up 2.7 percent YoY.
Mytheresa Gets U.S. Lift to Posts Strong Fiscal Q3 Growth
The company’s U.S. business continues to be a growth driver with the highest regional growth, increased share of total business and record number of top customers in the third quarter fiscal year 2024.
Boulder Boatworks’ Co-Owner & Sales Director Departs for Sales Rep Role
Shaun Hargrave is relocating to Missoula, MT and will be transitioning into a sales rep role in the Northern Rockies, covering Montana, Idaho, and Wyoming.
Tractor Supply Opens Largest Distribution Center in Arkansas
Facility brings 500 full-time jobs to local residents and represents an investment of more than $175 million in the region
Canada Goose Hires First Creative Director; Launches of Exclusive Style for PBI
Canada Goose’s appointment of Haider Ackermann comes with the launch of its limited-edition sweatshirt, PBI Hoodie, with 100 percent of the proceeds going to Polar Bears International. The launch campaign also celebrates actress and activist Jane Fonda, “the ideal protagonist for this important story.”
Wild Rye Adds to Marketing and Product Teams to Support Growth
The outdoor and active lifestyle apparel brand made four new additions to the brand’s team: a marketing director, a product development associate, an e-commerce and digital merchandising manager, and a customer experience and events coordinator.
Boot Barn Ends the Year with 400 Doors, with Q4 Comps Falling in Mid Singles
An 8.7 percent decrease in net sales was said to be the result of the decrease in consolidated same-store sales and the impact of a 13-week quarter when compared to a 14-week quarter in the prior-year Q4 period, partially offset by the incremental sales from new stores opened over the past twelve months.
Vasque Footwear Expands Waypoint and OSM Sales Partnerships
Vasque expanded Waypoint Outdoor’s coverage to the Southwest and South Central regions, while Outdoor Sports Marketing now extends its reach to the Mid-Atlantic—the two groups now represent six of Vasque’s sales regions.
PetSmart Searching for the Next “Chief Toy Testers;” $20K to New Team Members
The Chief Toy Tester search is back and submissions are open for one lucky dog, cat and human parents to join the PetSmart team.
Meijer Opens New Supercenters in Michigan and Northeast Ohio
Meijer opened its first store in Michigan in 1934. Today, it opened a new 159,000-square-foot supercenter in Hillsdale, MI and two new 159,000-square-foot supercenters in Northeast Ohio. This summer, the retailer will celebrate its 90th anniversary as a family-owned Midwest retailer.
Sea to Summit Launches Canadian Website, Expands DTC
The company has seen increased demand for its products from Canadian consumers. This platform meets them where they are with 24/7 access to its full line of gear.
Skechers Enters Global Footwear Partnership With John Deere
The co-branded pro and lifestyle footwear collection is scheduled to launch in July, designed for agricultural professionals, construction workers, outdoor enthusiasts, and trendsetters.
EXEC: Giant Group Sees Improving Bike Picture as April Shipments Close to Flat
The 1.75 percent year-over-year decline was the smallest year-over-year decrease in sales since April 2023 when sales grew 20.3 percent to NT$7.03 billion. First quarter results that were down 20.3 percent.
EXEC: Giant Group Sees China Q1 Gains Offset by Inventory Reduction, OEM Sales Elsewhere
The Taiwan-based manufacturer of bikes, bike parts and components reported that the sharp sales decline came despite increased bike sales in China offset by inventory reductions in Europe and North America and order adjustments from OEM customers.
