SGB Update Outdoor
Simon Property Group Sells Off Eddie Bauer Interest
Simon Property sold its interest in its Eddie Bauer licensing joint venture in exchange for additional equity ownership in Authentic Brands Group.
JD Sports Completes Divesture Of Tessuti Brands
JD Sports Fashion Plc, parent of JD Sports, Finish Line, DTLR, and Shoe Palace, completed the divestment of the businesses which trade as Tessuti (inc Xile), Scotts, Choice, Giulio, and Cricket to Frasers Group Plc.
Bob’s Stores Opens Western Mass Location
On February 10, Bob’s Stores will open a new location in Western Massachusetts in the Holyoke Mall. The store will house departments dedicated to activewear, denim, casual, workwear, team, and footwear.
NRF: February Imports Expected To Be Lowest In Nearly Three Years
According to the Global Port Tracker report released by the National Retail Federation and Hackett Associates, import cargo volume at the nation’s major container ports is expected to drop to nearly its lowest level this month since the beginning of the pandemic.
Delta Apparel Posts Loss On Inflationary Pressures
Delta Apparel logged a loss in the fiscal first quarter ended December 31 due to inflationary raw material costs and production curtailment expenses. The company was impacted by reduced demand in the mass retail supply chain served by its Delta Direct channel.
OutsidePR Adds Account Manager
Hailing from Vermont, OutsidePR hired Zachary Levy as an account manager.
Lippert Appoints Chief Technology Officer
Mark Woloszyk was promoted to Lippert’s chief technology officer. In this role, he will lead Lippert’s global product technology and innovation initiatives, reporting to Jamie Schnur, president of aftermarket and technology.
Four Seasons Investments Adds RV Rental Company To Portfolio
Four Seasons Investments acquired Scamper RV Rentals, based in Atlanta, which claims to be the largest camper van rental agency in Georgia and is also an independent consumer-direct builder of RV vans.
DLP Capital Acquires High-End RV Resort In Central Florida
DLP Capital, a private real estate investment and financial services firm, has acquired Ocala North RV Resort for a purchase price of $33 million.
Signa Sports Posts €566 Net Loss In 2022; Sees Bike Overstocks Into 2024
Signa Sports United N.V. posted 28 percent growth in net revenue to €300 million in the fourth quarter and revenues grew 31 percent to €1.063 billion for the full year on a reported basis.
Coros To Set Up Direct Operations In The UK And Ireland
Coros, the maker of GPS sports watches, reported that after more than three years of partnership, 2pure would hand back the UK and Ireland distribution of Coros’ products to its manufacturer, effective March 1.
Sample N’Co Acquires Rollin’Stoke
Sample N’ Co., a French distributor of snowboards, skis, bindings, outerwear, and accessories, acquired Rollin’Stoke, a French distributor of skateboards and surfboards.
Canada Goose Targets C$3 Billion In Revenue In Five Years
Canada Goose Holdings, Inc. ahead of its Investor Day, said it aims to nearly triple revenue to Canadian$3 billion (C$2.23 billion) in the next five years as it triples its store base and expands its categories and geographic reach.
BRC Points To Return To Office Trends Driving Retail Foot Traffic In January
The British Retail Consortium (BRC) reported that total U.K. retail foot traffic increased 12.5 percent year-over-year (YoY) in January, 2.6 percentage points worse than December but better than the three-month average increase of 10.3 percent.
REI Agrees To Hold Union Elections At Cleveland Store
REI agreed to hold a union election vote on March 3 at its Beachwood, OH store following a hearing on Friday with the National Labor Relations Board.
