SGB Update Outdoor

Retail Import Growth Levels Out But Volume Remains High

After a year of unprecedented increases, imports at the nation’s major retail container ports are expected to return to normal growth rates in 2022 but volumes will remain high, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Mastercard: Sales Grew 7 Percent In December

Retail sales excluding auto in December rose 6.9 percent compared to December 2020 and gained 8.1 percent against December 2019, according to Mastercard SpendingPulse.

Lululemon Names New CEO Of Mirror

Lululemon Athletica, Inc. announced the appointment of Michael Aragon as CEO of Mirror and Lululemon Digital Fitness, effective January 17, 2022. He was the chief content officer at Twitch.

Dick’s SG Raises Full-Year Outlook

Dick’s Sporting Goods Inc. in a regulatory filing Thursday raised its guidance for the full year and provided fourth-quarter earnings guidance that was well above Wall Street’s consensus target.

Authentic Brands Group Withdraws IPO

Authentic Brands Group Inc., officially withdrew its plans for an initial public offering, according to a regulatory filing with the Securities & Exchange Commission. The cancellation of the IPO was expected given its move in November to sell significant equity stakes in the company to private equity firms CVC Capital Partners and HPS Investment Partners.

Outdoor Retailer Confirms January Show Still On, Masks Mandatory

In an open letter entitled “Looking forward to seeing you in Denver on January 26,” Outdoor Retailer show organizers said they have no current plans to cancel the Outdoor Retailer Snow Show 2022 amid a surge in COVID-19 outbreaks tied to the Omicron variant. Enhanced safety measures, including mandatory masks, are being implemented, said show organizers.

NRF: Widespread Shutdowns Unlikely Amid Omicron Surge

In a statement, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the COVID-19 Omicron variant brings uncertainty to the economy in 2022 and could contribute to inflation, but is unlikely to cause widespread shutdowns or slowdowns.

RISE Armament Hires Senior Design Engineer

RISE Armament, a manufacturer and supplier of triggers, components and firearms, appointed Jacob Turnblom as a senior design engineer responsible for the creation of new products.