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REI To Hold Instagram Contest Around HBO’s Camping Series

REI Co-op partnered with HBO to launch a nationwide Instagram contest, #CampingHBOContest, to celebrate the release of HBO’s new, original comedy series Camping, starring Jennifer Garner. Advance screening parties at will be held at three REI flagship stores across the country.

5.11 Tactical Appoints New CEO

5.11 Tactical announced today that Francisco Morales, co-founder and president of 5.11, has been appointed as the company’s chief executive officer, effective September 4. 5.11 also announced the appointment of Matt Hyde as executive chairman.

U.S., Mexico Reach Preliminary Agreement To Restructure NAFTA

The Trump administration and Mexico have reached a preliminary accord to end the North American Free Trade Agreement and replace the agreement with a deal that the administration wants to be more favorable to the United States, according to the Associated Press.

SIMA Appoints New Board President And Vice President

Kelly Gibson is stepping down as CEO of Rip Curl position to pursue new opportunities and is therefore also stepping down as SIMA president. SIMA’s board of directors appointed Shannan North of Billabong to fill the vacated president position. 

Serena William’s Catsuit Faces Ban At French Open

The French Tennis Federation is introducing a dress code at the French Open beginning in 2019 that drew particular attention for banning Serena William’s figure-hugging black “catsuit.”

Walmart Introduces Premium Outdoor Site Curated By Moosejaw

Walmart.com on Monday opened a Premium Outdoor Store curated by Moosejaw. This marks the first time that Walmart is creating an online store on the company’s flagship site for one of the company’s acquired specialty retailers.

Stage Stores Widens Q2 Loss

Stage Stores Inc. reported that for the second quarter, comparable sales decreased 0.2 percent. Loss before income tax was $16.8 million compared to a loss before income tax of $9.6 million in the second quarter 2017, driven by investments in the growth of the off-price business, additional supply chain costs, and increased promotional markdowns.

Ross Stores Lifts Store-Growth Targets

Ross Stores reported net earnings in the second quarter rose 22.7 percent as same-store sales grew 5 precent.  The off-pricer also increased its long-term store growth potential.

The Buckle’s Earnings Climb

The Buckle Inc. reported net income improved 36.5 percent to $15.7 million, or 32 cents per share, compared with $11.5 million, or 24 cents, for the second quarter of fiscal 2017.