ICSC Holiday Survey Sees Consumers Spending the Most Since 2018
ICSC also released its forecast for the Holiday selling season based on results gathered in its Annual Holiday Shopping Intentions Survey. It indicates that retail sales are expected to grow from 3.0 percent to 3.5 percent.
BRP Inc. to Sell Off its Marine Businesses Excluding Sea-Doo
BRP will channel its efforts and investments into its Powersports year-round products, seasonal products, parts, accessories, and apparel portfolio, including its OEM business.
EXEC: Frasers Group Managing Director of Sport to Step Down
The parent company of Sports Direct, Everlast, and Slazenger, reported that Ger Wright will leave her role as managing director of Sport at the end of November. Wright will remain on the Group’s Board as a non-executive director.
Rural King Opens its First Store in Georgia
The store boasts a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.
BOA and Primaloft Parent Launches Stock Buyback Program
Compass Diversified, owner of BOA, Primaloft, 5.11 Tactical, Velocity Outdoor and other active lifestyle brands, said its board authorized the repurchase of up to $100 million of stock.
Arris Composites Selected for U.S. Army for Study on Carbon Fiber Boot Plates
The company was selected by the U.S. Army for a study on the use of advanced carbon fiber plates in military boots. The project builds on Arris’ development of a carbon fiber plate for Brooks’ Hyperion Elite 4 running shoe.
Deloitte Forecasting 8 Percent Bump in 2024 Holiday Season Spending
The firm reported that consumers will bargain shop even if it means choosing value over loyalty. The business advisory firm also sees a ramp up in experience gifting to more than offset flat sales in traditional merchandise.
Yamaha U.S. Marine Business Unit Rebrands Kracor Division; Names GM
Yamaha U.S. Marine Business Unit has renamed Kracor, a Yamaha Marine Systems Company, Inc. (YMSC) division, to Yamaha Marine Rotational Molders and is officially doing business under the new name. The company named John G. Augustiniak as the general manager.
FireDisk Cookers Appoints Exclusive Sales Rep Firm
The company has tapped Commercial Sales and Marketing as its exclusive representative to target the hardware, sporting goods and grocery markets.
NRF Sees 2024 Holiday Selling Season Growth Lowest Since 2018
“Household finances are in good shape and an impetus for strong spending heading into the holiday season, though households will spend more cautiously.” – NRF Chief Economist Jack Kleinhenz.
Barrett Firearms Appoints Director of U.S. Government Sales
The company said Fraser has over two decades of experience in strategic international collaborations, project management and defense operations, having served in the Australian Army and, most recently, the U.S. Army HQ G8 Branch.
Sig Sauer Opens New Arkansas Ammo Center to Serve U.S. Army Joint Program Needs
The facility adds 210,000 additional square feet of manufacturing space to the Sig Sauer Ammunition campus supporting the U.S. Army’s next-gen squad weapons and the 6.8 Hybrid Ammunition family of products.
SDS Imports Rebrands as SDS Arms
The manufacturer of firearms and accessories in Knoxville, TN, and an import partner of Tisas USA, MAC, Inglis, and Spandau Arms, has rebranded to SDS Arms to help grow its sales and reach in the U.S. firearms market.
MGE Wholesale Adds to Growing Sales Team
Beyond direct firearm industry involvement, Warchus has also served as a reserve patrolman and armorer with the Portage, IN, police department.
TrueTimber Acquires Blizzard Buddy; Integrates Tech into Current Offerings
By joining with TrueTimber, Blizzard Buddy will have access to additional resources and a broader distribution network. The company said, “Customers can expect a seamless transition as TrueTimber and Blizzard Buddy integrate their operations.”
