NBDA E-Bike Survey Reveals Leading Brands, Services and Systems
With the e-bike 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.
EXEC: CEO Kevin Plank Outlines Dramatic Turnaround Plan for Under Armour
With some apparent aggravation on what the brand has become, Plank noted that Under Armour has become a brand that competes primarily on price versus what should be its core competency—performance and technical innovation.
Pnuma Outdoors and Heated Core Appoint Brand Manager
Amber Liljestrand previously worked at Bass Pro Shops, where she was the assistant merchant for Hunting and Tactical Apparel, overseeing design, development and promotion of proprietary brands while collaborating with major national brands.
National Park Foundation Receives $25 Million Gift from Ballmer Family
The donation will support the Foundation’s mission to protect and preserve U.S. national parks.
Supercar Designer, McLaren, Debuts Limited-Edition E-Bike Range
Designed with hand-laid carbon-fiber frames and five power settings: Off, Eco, Trail, Sport, the Race 600W and 250W versions of both Extreme and Sport versions will be available in limited numbers.
Dillard’s, Inc. Sees Fiscal Q1 Comps Dip 2 Percent; Net Income Sinks 11 Percent
Total retail sales, which excludes the company’s construction business, CDI Contractors, LLC, for the fiscal first quarter were $1.49 billion, down 1 percent from $1.52 billion in the year-ago Q1 period.
Canada Goose Beats Fiscal Q4 Expectations But Warns on More Wholesale Declines Ahead
The company reported better-than-expected results for fiscal Q4 but also removed all long-term 2028 financial targets and is targeting an additional 20 percent decline in wholesale revenue in the fiscal 2025 period after it declined 19 percent this past year.
Puma Rewrites a Classic: Takes Easy Rider From the Tracks to the Streets
A retro running silhouette that “embodies a classic era of footwear design,” the iconic Easy Rider, rooted in running, has undergone an evolution in 2024.
EXEC: Descente Ltd. Fiscal Year Profits Increase in Double Digits on Solid Sales Growth
Net sales for the fiscal year increased 5.3 percent to ¥127.0 billion reportedly due primarily to growth in DTC net sales that expanded the channel composition ratio, sales growth in South Korea, and China’s incorporation of Le Coq Sportif Co., Ltd. into consolidated results from the previous fourth quarter.
MEC to Open New Store in Ontario, Canada
MEC, the Canadian outdoor retailer, reported it will open a freestanding store in Whitby, Ontario, in July 2024, its seventh standalone store in Ontario and 23rd standalone in Canada.
