Smith & Wesson Moves into Knives
Showing its commitment to invest in its accessories division and diversify from firearms, Smith & Wesson Holding Corp reached a definitive agreement to purchase substantially all of the assets of Taylor Brands, LLC, a leading supplier of knives and outdoor tools.
Tory Sport Expands to Honolulu
Tory Burch’s activewear brand Tory Sport is scouting a retail location in Honolulu.
Kmart Launches Risewear Footwear Brand
Kmart launched the first of seven slam dunk contests it will hold in store parking lots this summer to launch the Risewear athleisure footwear brand.
STYR Converts Health & Fitness Data into Customized Supplements
STYR Labs is bringing together activity tracking and nutrition supplement recommendation via kits that deliver personalized nutrition solutions.
Whoop Expands Market From Elites to Consumers
Whoop will begin marketing its wearable performance optimization system to consumers in time for the 2016 holiday season.
Planet Fitness to Open Second Club in Columbus
Planet Fitness, a health club franchise known for its “Judgement Free Zone,” plans to to open its second location in Columbus, GA.
ICSC: Back-to-School Sales Set for Smart Uptick
The International Council of Shopping Centers (ICSC) said its annual back-to-school survey predicts a robust BTS-selling season this year.
Callaway Golf Staff Pro Cards Championship Record
Callaway Golf Company congratulated Staff Professional Henrik Stenson for becoming Champion Golfer Of The Year.
Nike Looks to Lead on Race Relations
Nike’s Chairman and CEO Mark Parker sent a letter last Thursday to the company’s 32,000 employees understating Nike’s commitment to “racial justice” following the heightened tensions in black communities and the police. He also said Nike will hold meetings at Beaverton headquarters and in its NY, Chicago and LA offices to explore race issues.
ICSC Survey: BTS Sales Expected to Climb
The International Council of Shopping Centers (ICSC)’s annual back-to-school survey shows 78 percent of BTS shoppers expect to spend more this year, a significant increase compared with those who planned to do the same in 2015.
Retail Sales Climb in June
Retail sales (excluding automobiles, gasoline stations and restaurants) continued to grow in June and were up 5.1 percent year-over-year, the National Retail Federation said today. Retail sales rose 0.8 percent unadjusted over May, according to NRF’s calculations.
Texas Surf Park Ignored Stop Work Order
The company developing the 160-acre NLand Surf Park near Austin, Texas ignored an order to halt construction on the site last fall after failing to comply with state health codes, according to a lawsuit filed by Travis County Thursday.
By The Numbers, Week of July 11
A quick hit of the figures and facts coming out of the industry this week.
Amazon Kills It On Second Prime Day
Marking its biggest sales day ever, Amazon Inc. said customer orders taken during second annual Prime Day, July 12, surpassed Prime Day 2015 by more than 60 percent worldwide. Sales vaulted more than 50 percent in the U.S.
