Holiday Sales Expected to See Modest Rise

Deloitte said it expects revenues to climb 3.5 to 4 percent during the November-to-January holiday period. The gain represents a pullback from a 5.2 percent gain seen over the same period a year ago…

REI Names Lightenberg VP of Retail

REI promoted veteran employee Rachel Ligtenberg to VP of Retail, adding retail operations to her current responsibilities of leading store design, visual merchandising and the co-op’s flagship strategy…

Frilufts Retail Europe AB Appoints COO

Frilufts AB appointed Henrik Hoffmann as chief operating officer of Frilufts Retail Europe AB to replace Thomas Lipke, who resigned from the position, but remains a managing director at its German subsidiary Globetrotter…

Active Junky Acquired by Purch

Active Junky, a loyalty platform and online shopping community that rewards and incentivizes users for their passion for gear and the outdoors, has been acquired by Purch, a digital content and commerce company…

Hearst Acquires Minority Stake in Complex

Hearst invested $21 million to acquire a minority stake in Complex. Now reaching over 57 million diverse millennial males monthly across its destination and partner sites, Complex generates some of the strongest engagement metrics amongst leading digital

Merida Growth Slows by Half in Second Quarte

Merida Industry Co. Ltd, the Taiwanese company that manufactures bicycles for Specialized and many other U.S. and European brands, reported net revenue growth slowed by more than half in second quarter ended June 30…