SGB Update Apparel

CNBC/NRF: March Retail Sales Grew 2.7 Percent

Total retail sales, excluding automobiles and gasoline, were up 0.36 percent seasonally-adjusted month-over-month and up 2.7 percent unadjusted year-over-year in March, according to the Retail Monitor.

Salomon’s President & CEO Departs

Franco Fogliato, president and CEO of Salomon, is leaving the company for personal reasons. James Zheng, CEO, Amer Sports, will reportedly lead Salomon and the Outdoor Performance division on an interim basis.

EXEC: 361 Degrees Posts Strong Double-Digit Q1 Retail Sales Growth

Retail sales performance of the 361° core branded product in offline channels posted high-teens growth compared to the year-ago comparative period, while sales generated via the 361° e-commerce platform increased approximately 20 percent to 25 percent in Q1.

Giordana Cycling Opens Pop-Up Shop in Boulder

The Italian-made cycling apparel brand will showcase bestsellers and the latest new releases in a storefront while participating in local events from April to June, 2024.