Retail Imports To See Surge Ahead Of December Tariffs
Imports at the nation’s major retail container ports are expected to hit their highest level of the year again next month just before more tariffs take effect in December, according to the Global Port Tracker report released Wednesday by the National Retail Federation and Hackett Associates.
US Relaxes Sponsorship Rules For Olympic Athletes
U.S. Olympic and Paralympic athletes will be able to thank personal sponsors, appear in advertisements for those sponsors and receive congratulatory messages from them during next year’s Tokyo Games under guidance released Tuesday by the U.S. Olympic and Paralympic Committee. Athletes’ personal sponsors will also be able to run generic ads during the Olympics.
CrossFit Launches Search For Fittest Woman And Man In Every Country
At the conclusion of the 2020 Reebok CrossFit Games Open in October, CrossFit Inc. will find the fittest man and woman in every eligible country participating in the worldwide CrossFit Open and crown them national champions.
ICSC Sees 4.9 Percent Increase In Holiday Spending
ICSC forecasts 4.9 percent increase in holiday spending over last year for a total of $832.3 billion, with 90 percent of shoppers spending in physical stores.
Next Ventures Announces Former Nike Executive As Managing Partner
Next Ventures, the venture fund co-founded by Lance Armstrong focused on growth opportunities in the sports, fitness, nutrition, and wellness markets, announced the addition of Melanie (Mel) Strong as a managing partner. Strong led several businesses for Nike.
Fitbit Diversifies Its Supply Chain Outside Of China
Fitbit announced that it has undertaken a plan to shift its manufacturing operations outside of China for effectively all of its trackers and smartwatches.
Mirror Launches One-On-One Personal Training
Mirror, which makes a reflective LCD display for following workouts at home, announced the launch of one-on-one Personal Training.
GK Elite Outfits 2019 Men’s & Women’s World Championship Teams
GK Elite, a division of Elite Sportswear, has signed up as the official competition apparel partner of USA Gymnastics and provider of the training and competition apparel worn by the 2019 U.S. Men’s and Women’s World Championship Teams.
JackRabbit To Acquire Olympia Sports
JackRabbit, the running chain owned by affiliates of CriticalPoint Capital (CPC), announced the acquisition of certain assets and liabilities, including the online presence and the “Olympia Sports” brand from Olympia Sports. JackRabbit will be retaining about half of Olympia Sports’ locations and plans to continue to operate the banner.
Report: Topgolf Exploring IPO
Topgolf International Inc. is exploring an initial public offering (IPO), according to a Tuesday report from Reuters.
Housewares Segment Drives Helen Of Troy’s Q2 Sales Growth
Helen of Troy Ltd., parent of Hydro Flask, on Tuesday reported revenue for the fiscal second quarter ended August 31 of $414 million, up 5.2 percent from the year-ago period, driven by 22.1 percent growth in Housewares. That beat Wall Street’s expectations by $23.5 million.
Family RV Group Acquires Candys Campers
Family RV Group, a specialty retailer of new and used recreational vehicles and related services, announced Tuesday the acquisition of Candys Campers Inc.
Voormi Opening Store In Bozeman, MT
Apparel brand Voormi is opening its second company-owned retail store in Bozeman, MT.
Nester Hosiery Promotes Kumerow To Director Of Sustainability
Nester Hosiery, a U.S. manufacturer of performance merino wool socks and home to the Farm to Feet brand, has promoted Katie Kumerow to director of sustainability.
Nike And Lululemon Score High In Piper Jaffray’s Teen Survey
Piper Jaffray’s 38th semi-annual Taking Stock With Teens survey shows Nike gaining share within its No. 1 rank and Lululemon hitting a new survey high as the No. 7 preferred apparel brand. Within footwear, Crocs also achieved a new survey record as the 7th preferred footwear brand, behind Birkenstock.
