Adobe: Amazon Prime Day Drives 30.3 percent Rise in U.S. Online Spending
The Prime Day sale that ran for four days from Tuesday, July 8 to Friday, July 11 helped boost online spending sales across all Uretailers in the U.S. by 30.3 percent to $24.1 billion, according to Adobe, Inc., which tracked the activity, topping its estimate for 28.4 percent growth for the period ending July 11.
Revelyst Consolidates Golf Brands Under One Platform
The company launched the Revelyst Golf Technology platform, which consolidates its golf brands, including Foresight Sports, Bushnell Golf and PinSeeker, under one integrated identity.
Padel Haus Raises $7M In Funding Round
The Brooklyn-based padel club operator, has raised $7 million in a Series B funding round to accelerate the company’s expansion. By year’s end, it aims to operate 40 courts and reach 120 courts and more than 20 wholly owned locations by 2027.
EXEC: Ciele Athletics Partners with Topsports for China Retail Launch
Ciele will soon open its “official online flagship stores” in China and activate offline channels to reach the country’s fast-growing running community.”
EXEC: Beyond Yoga Revenues Climb 12 Percent in Q2 on DTC Momentum
The company’s sales rose 11.9 percent to $36.8 million in Levi Strauss & Co.’s fiscal Q2, ended June 1, boosted by a 30.1 percent growth in the DTC channel, thanks to new store openings.
Nike, Inc. Appoints New Converse CEO
Aaron Cain, a 21-year company veteran, was named the new CEO of Converse. He replaces Jared Carver, who is stepping down after serving as CEO for two years.
Costco’s June Comps Get 11.2 Percent Growth from E-Commerce
Excluding gas, Costco’s same-store sales in the U.S. were up 5.5 percent in the U.S. and 6.2 percent overall. U.S. sales were up 7.4 percent year-to-date.
FDRA Urges Trump Administration to Halt New Tariffs on Footwear Ahead of BTS Selling
On Wednesday, July 9, the Footwear Distributors and Retailers of America sent a letter to the Trump Administration requesting that it not impose additional footwear tariffs on top of the existing ones ahead of the critical back-to-school selling season.
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The Picklr Names Chief Operating Officer
Abby Olson previously served as VP of Field Operations and VP of Training at Crumbl, where she helped scale the company from fewer than 10 locations to over 1,100 across two countries.
Imperial Appoints National Sales Manager, Golf
Andrew Blatnik joins industry veteran John Anderson, VP of Sales for Golf, in his new role. Currently he serves as the VP of Peter Millar licensing for Imperial.
Deloitte Sees Flat Back-To-School Spending
Deloitte’s 18th Annual Back-to-School Survey finds that spending for K-12 students will remain flat at $30.9 billion this year. Parents surveyed expect to spend $570 per student in grades K-12, down just $16 year-over-year. Overall, parents will spend on essentials, trading down on brands and retailers, and spreading out purchases over time.
Report: Bain Capital Mulls Selling Canada Goose Stake
Discussions remain in the early stages, and there is no guarantee that a transaction will take place, the sources added. Other shareholders may also consider participating in a deal.
REI Sets Grand Opening for Store in Elk Grove
REI Co-op set plans to host a grand opening of its new store in Elk Grove, CA which is part of the Sacramento metropolitan area in Northern California.
Pentland Returns Ellesse to U.S. in New Licensing Deal
The exclusive, long-term licensing partnership will see The Iconic Brand Corporation design, develop, produce, and market Ellesse apparel and accessories in the U.S. in collaboration with Ellesse’s London team. The first collection will launch in Spring 2026.
Osprey and Hydro Flask Parent’s Home & Outdoor Segment Sales Retreat in Fiscal Q1
Helen of Troy, Ltd. reported sales in its Home & Outdoor segment, which includes Hydro Flask, Osprey and Oxo, declined 10.3 percent in the fiscal first quarter ended May 31 due in part to weaker demand for insulated beverageware and the cancellation of orders due to tariffs. Sales are expected to decline in the range of 16.5 percent to 11.5 percent in the fiscal second quarter.
