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NRF Forecasts Holiday Sales Will Grow Between 3.8 And 4.2 Percent

The National Retail Federation said it expects holiday retail sales during November and December to increase between 3.8 percent and 4.2 percent over 2018 to a total of between $727.9 billion and $730.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with an average holiday sales increase of 3.7 percent over the previous five years.

Tariff Impact So Far Less Than Feared

With another round of tariffs arriving on September 1, tariff-mitigation strategies were again detailed on recent quarterly conference calls. Only a few companies significantly reduced earnings forecasts at least for 2019 due to their likely impact. Tariff insights from Sportsman’s Warehouse, Genesco, Lululemon, Designer Brands, Zumiez, Shoe Carnival and others.

Aisle Talk Week Of August 19

Top headlines from the active lifestyle industry you may have missed this week, including Hestra, the 83-year-old Swedish glove maker, relocating its U.S. headquarters to a newly constructed 32,000-square-foot space in Arvada, CO, and adding three key hires as it continues to scale its U.S. business.

Aisle Talk Week Of August 5

Top headlines from the active lifestyle industry you may have missed this week, including Fox International, Europe’s largest privately owned fishing tackle company, announcing that it has agreed to be acquired by Lew’s Holdings Corp., a leader in the U.S. fishing equipment market.

Aisle Talk Week Of July 29

Top headlines from the active lifestyle industry you may have missed this week, including industry and retail trade organizations reacting quickly to criticize President Trump’s plans for a new 10 percent tariff on $300 billion of Chinese imports, taking effect on September 1, 2019.

GNC Sees 700 To 900 Stores Closing

GNC said sales remained sluggish into the second quarter and the seller of performance and nutritional supplements now expects 700 to 900 stores to close over the next three years. GNC CEO Ken Martindale said, “The negative trends in traffic that we’ve seen in mall stores over the past several years has accelerated during the past few quarters.”

Dick’s And Macy’s Collaborate On Outdoor STORY

Macy’s in collaboration with Dick’s Sporting Goods and plant food brand Miracle-Gro has unveiled its second experiential concept, “Outdoor STORY,” in 36 locations. The concept will include a curated mix of apparel and hard goods from DIck’s own private brands, Alpine Design and Field & Stream, marking their first debut at another major retailer.

Aisle Talk Week Of July 1

Top headlines from the active lifestyle industry you may have missed this week, including the U.S. and China agreeing to resume trade talks after a seven-week breakdown, and the Trump administration deciding to hold off adding 25 percent tariffs on $300 billion in Chinese imports, which would have included apparel and footwear classifications and other popular consumer products.

Eight Takeaways From Nike’s Fourth Quarter

Nike Inc. capped off another robust fiscal year with a fourth quarter that exceeded top-line guidance but missed earnings targets. On a conference call, Nike officials said strategic investments, including its focus on digital and growth through strategic partners, are just starting to pay off.

OrthoLite Makes Strategic Hires

OrthoLite, the maker of insoles, announced the hiring of Milton Brice as chief financial officer and Mark Coffield as general manager, Vietnam, as the company continues its global expansion and growth.