SGB Update Apparel
L.L.Bean Officially Opens Doors in Enfield, CT
In June, L.L.Bean announced plans to open four new retail stores in 2024, including its first store in Indiana, underscoring its omnichannel growth strategy. Last week, the retailer’s Enfield, CT store officially opened in Brookside Plaza, its third in the state.
CNBC/NRF Retail Monitor Sees Consumers Pull Back Spending In September
Retail sales saw a slight month-over-month drop in September but consumers continued to spend more than last year as interest rates and inflation fell and employment rose, according to the CNBC/NRF Retail Monitor.
Maine Outdoor Brands Appoints Board President
Maine Outdoor Brands appointed Devin McNeill, CEO and co-founder of Flowfold, as its new board president, succeeding Kay Henry. The organization also added three new members to its board of directors.
Rebel Sport’s Parent Appoints Amazon Exec As Director
Super Retail Group, appointed Kate Burleigh, formerly a regional Amazon executive, as a non-executive director, effective November 11.
Reju Launches First Recycling Facility in Germany
Materials recycling company Reju, led by former Under Armour CEO Patrik Frisk, with offices in Europe and North America, has opened its Regeneration Hub in Frankfurt, Germany with expected deliveries to begin in 2025.
Nike Moves Tom Peddie Back Into VP/GM of North America Role
Nike, Inc. announced that Tom Peddie will become vice president, general manager of the North America Geography, effective October 21, succeeding Scott Uzzell, who has decided to leave Nike.
Perfect Moment Expands U.S. Resale Program to Europe and UK
The company has expanded the availability of its U.S. resale program, Perfect Second Moment, to the UK, Italy, Germany and France.
Mizuno Running Shifts U.S. Sales Regional Management Responsibilities
The restructuring comes as the company seeks to return to double-digit growth within the run specialty channel. The sales management team, now includes three regional managers. Casey Barrett (North), Greg Udzielak (West) and Matt Baum (South).
Thirty-5 Capital Launches Pickleball Apparel Brand with Muev
Muev manufactures thermoregulated apparel for men and women for use on and off the court. The apparel ranges from shirts, socks, and hoodies to dresses, skirts, and hats designed by creators who have worked for Tommy Hilfiger, Lululemon, Nike, and Ralph Lauren.
REI Set to Open College Station Store
The nearly 22,000 square-foot space is the co-op’s 11th store in Texas and will host a grand opening on November 1.
Sportsman’s Warehouse Hires VP of Performance Marketing
Ryan Carroll was appointed VP of performance marketing to lead brand management, creative strategy, trade marketing, integrated sales, and marketing planning.
The Buckle Sees Comps Slide Again in Fiscal September
Net sales for the September fiscal month ended October 5 decreased 2.5 percent to $100.6 million from net sales of $103.1 million for the prior-year 5-week fiscal month ended September 30, 2023.
Report: Team Sports Participation Highest in Ten Years
SFIA)released its 2024 U.S. Trends in Team Sports Report breaks down data for 24 team sports by youth and young adult team participation and includes information on coaches, training and trends to watch for in 2024.
Authentic Brands Group and Saks Launch New Luxury Platform
Through its focus on innovation and global expansion, ALG aims to generate growth opportunities and create value for its strategic licensing and distribution partners, each of which bring distinctive positioning, loyal followings and significant global potential.
Costco Comps Grow 8.9 Percent in September Ex-Fuel
Costco Wholesale Corporation reported net sales of $24.62 billion for the five weeks ended October 6, an increase of 9.0 percent from $22.59 billion last year.
