Guess?, Inc. Announces CFO Transition
Dennis Secor has been appointed interim chief financial officer of Guess?, effective August 26, 2024. He succeeds Markus Neubrand, who is stepping down to pursue another opportunity
Adidas America Faces OSHA Penalties for Ongoing Hazards at New York DC
Adidas America, Inc. has 15 business days from the receipt of the citations and penalties to comply, request an informal conference with OSHA’s area director or contest the findings before the independent Occupational Safety and Health Review Commission.
Rally House Expands Store Count in Cleveland
The retailer opened its doors to Rally House Shops of Mentor, its 13th in the Cleveland metro area.
Stance Appoints David Tichiaz as Chief Executive Officer
Stance Co-Founder John Wilson will remain with the company as an advisor. Tichiaz joined Stance in 2023 as president after a 15-year career at Vans.
Pvolve and Vuori Build on Successful Partnership
The company’s announced an expansion of their partnership through a nationwide Pvolve x Vuori tour and the introduction of Pvolve-branded Vuori products to appear in Pvolve studios later this year.
EoS Fitness Hits Key Milestone as it Opens 100th Gym
The new gym also marks the company’s 16th in Nevada and is the state’s first gym to EoS’ CryoLounge recovery platform.
Do U.S Office Workers Really Have a Strong Preference to Work in the Office?
Approximately three-quarters of respondents (73 percent) said they would not consider going into the office if their commute was longer than 45 minutes roundtrip, but many opinions differed based on career position.
Circana: July Retail Sales Reveal a Summer Vacation From Discretionary Spending
Circana said products are prioritized based on need, and financial concerns and competitive product offerings across all channels test brand loyalty.
Galvin Green Introduces Waterproof Dryvr Collection
“Working closely with Pertex and through rigorous testing, we’ve ensured the advanced fabric performs to our exceptionally high standards and are delighted to welcome it into our market-leading Dryvr product range,” —CEO Nicholai Stein
Axil Brands Posts Strong FY Growth, or How to Survive on 73 Percent Gross Margins
Consolidated net sales for the fiscal year ended May 31, 2024 increased 17 percent year-over-year to a record $27.5 million, delivering gross margins of 73.4 percent of sales and operating margins of 68.0 percent for the fiscal year.
Imperial Promotes David Shaffer to Brand President
Shaffer has been with Imperial for over 13 years, serving in roles including director of marketing, VP of sales and marketing, and, most recently, as senior vice president of sales.
U.S. Census Bureau Reports 5.2 Percent Y/Y Growth for July Core Retail Sales
Sporting Goods, Hobby, Musical Instruments, and Bookstore sales were reported down 6.8 percent y/y from July 2023, doubling the 3.4 percent year-over-year decline reported in June, and down 0.1 percent versus June 2024.
NFL and Fanatics to Stage Pop-Up Shops in Brazil Ahead of Season Opener
The Eagles and Packers will open the 2024 NFL season in Brazil on September 6 at the Corinthians Arena in São Paulo. The NFL and Fanatics will open six retail stores in the country before the first regular-season game, including a roughly 10,700-square-foot superstore and a retail outlet at the NFL Experience.
Walmart’s Strong Second Quarter Drives Wall Street Indices Higher
Walmart Inc. shares were up in the mid single digits on Thursday morning, Aug. 15 and assisted in driving the stock market up as a whole as analysts heralded strong retail numbers.
EXEC: Nike Cuts Off Shipments for Türkiye Online Orders
The move by Nike comes as Türkiye’s Ministry of Trade increases the duty paid on shipments valued over €30 to 30 percent from 20 percent, if arriving from EU countries, and to 60 percent from 30 percent if arriving from other countries.
