Vulcabras’ Q3 Sales Expand 7 Percent
Brazil’s Vulcabras reported sales increased 7.3 percent to R$784.6 million ($135 mm) in the third quarter with growth seen at its owned Olympikus brand as well as licensed Mizuno and Under Armour athletic footwear brands.
HanesBrands Closing Champion Distribution Center, Affecting 75 Jobs
According to a report filed with The N.C. Department of Commerce, the plant closure will result in the layoff of 75 workers. Some employees will lose their jobs around December 31. Others will stay on until around January 31.
NRF Study Sees Sharp Increase in Cost to Consumers with Tariff Increase
The National Retail Federation is suggests in its latest study that U.S. consumers could lose between $46 billion and $78 billion in spending power each year if new tariffs on imports to the United States are implemented.
Alo Yoga to Open New Store in São Paulo, Brazil
Alo Yoga’s first South American location at JK Iguatemi, the gateway for luxury brands, will enter the market in the first quarter of 2025.
Acon Closes on Investment in Mexico Boutique Fitness Operator
This latest deal comes as Mexico’s fitness market appears to be in expansion mode. Founded in 2017, Commando operates 11 facilities in Mexico, with over 30 fitness rooms where group-based fitness classes are the focus.
ICSC Sets 2025 Transition Plan for Chief Operating Officer Role
International Council of Shopping Centers, is reporting that Whitney Livingston will join the trade association as chief operating officer in March 2025, succeeding Valerie Richardson, who plans to retire at the end of 2025.
Asics Neocurve: Model of Re-Use and Waste Elimination
Can we create something new from what we would otherwise throw away? Asics’ Neocurve proves that materials can have a second life reduce our environmental impact.
Primo Water to Merge with Bluetriton Brands
The closing is expected on or about Friday, November 8, 2024. The combined company name was declared Primo Brands Corporation, trading on the NYSE as “PRMB” on November 11.
Puma Inhale: Two Designs, One Shared DNA
Blending inspiration from the future while drawing from Puma’s iconic heritage, the company introduces a progressive and futuristic approach to running with the Inhale and the AI-generated Inverse.
EXEC: Peloton Shares Rise on Double Upgrade from Bank of America
Peloton’s PTON shares rose nearly 4 percent on Monday, November 4, and shares are up ~14 percent since the company reported its results before the market opened last Thursday, October 31.
Adidas x David Beckham Celebrate 30 Years of the Predator with Latest Collab
The latest Predator 24 boot is made of white canvas in a two-tone colorway. For the first time, the shoe features the Adidas brand trefoil. A lifestyle apparel collection inspired by 1970s silhouettes completes the collection.
Rawlings Announces 2024 Gold Glove Award Winners
Rawlings Gold Glove Award winners are honored for the best individual fielding performances at each American League and National League position. To determine the winners of the 18 defensive position awards, each team’s manager and up to six coaches on staff voted from a pool of qualified players in their league and could not vote for players from their own team.
1440 Foods Acquires Fitcrunch, CEO Assumes Same Role at 1440
Founded in 2012 by Bakery Barn and celebrity chef Robert Irvine, Fitcrunch manufactures high-protein snacks catering to consumers with active lifestyles. Fitcrunch CEO Patrick Cornacchiulo will become the CEO of 1440.
PXG Launches Apparel Pop-Up in Scottsdale Fashion Square
While PXG has three standalone retail stores in the Greater Phoenix metro area and operates 25 stores in the U.S., this is the company’s first apparel and accessories-only shop.
Study: Boys Participation Declines; Increased Specialization Tops Youth Sports Concerns
Kids have returned to pre-COVID sports participation levels. However, some worrisome trends in the Aspen Institute’s National State of Play 2024 report highlight that boys continue to play fewer sports and kids are specializing in one sport rather than multiple, even more so post-pandemic.
