Pure Vida’s Sales Decline 3.6 Percent in Second Quarter
Vera Bradley, Inc. reported sales of Pure Vida declined 3.6 percent year-over-year in the second quarter ended July 30 to $25.1 million, primarily related to a decline in wholesale revenues.
MasterCraft Boat Holdings Sees Worsening Boat Trends in Fiscal Q4
The company said the 15.5 percent sales decrease in Q4 reflects decreased sales volumes, less favorable model mix, and increased dealer incentives, partially offset by higher prices.
Report: Resale Market To Reach $276 Billion in Five Years
OfferUp’s 2023 Recommerce Report found that 85 percent of shoppers buy and/or sell secondhand goods, an increase of 3 percent from 2022. Furthermore, 27 percent of shoppers ventured into the secondhand market for the first time in the last year.
Wren Sports Hires Managing Director For Europe
Wren Sports, the U.S.-based supplier of Wren inverted suspension forks and bike parts, hired Richard Hurst as managing director of its European operation.
Springfield Armory Retains Orion Wholesale as Firearms Distributor
Springfield Armory added Orion Wholesale, based in Jeffersonville, IN, to its lineup of distributors to represent the company’s brand.
Buck Knives Makes Marketing Appointments
Buck Knives reported the promotions of Justin Baar to senior e-commerce and digital marketing manager and Katie Swanson to marketing communications manager.
August U.S. Consumer Confidence Index Decline is Highest in Two Years
U.S. consumer confidence fell the most in two years as pessimism on the labor market, higher borrowing costs and stubborn inflation curbed optimism. The Conference Board continues to expect a recession before the year’s end.
Report: Golf Apparel Has First Monthly Sales Decline in 18 Months at Specialty
Golf Datatech reported that July 2023 retail sales for golf apparel at on- and off-course specialty shops in the U.S. posted their first decline in 18 months, decreasing 3.6 percent versus the year-ago July period.
Express, Inc. Names Atwood Footwear Creative Director
Express, Inc. hired Brian Atwood as creative director of footwear, overseeing women’s and statement men’s footwear.
MC Sports’ Mort Finkelstein Passes Away
Mort Finkelstein, the co-founder of the MC Sports chain, passed away on August 17. He was 93.
Macy’s Partners With Gap on Sleepwear and Intimates Line
Macy’s announced that it is selling an exclusive collection of Gap sleepwear, loungewear, underwear, and intimates, marking the first time the two retailers have partnered.
Mitchell & Ness Names New CEO as Kevin Wulff Retires
Eli Kumekpor has been named the company’s CEO, effective immediately. Kumekpor was most recently global VP and general manager of the Jordan Brand’s men’s business. He succeeds Kevin Wulff, who is retiring on Friday.
Elevate Outdoor Collective Names North America Race Manager
The company promoted Harry Goss to North America race manager for Völkl skis, Dalbello boots, Marker bindings, and accessories.
Nomadix Names New Brand Marketing Manager
Nomadix, the maker of The Only Towel You Need, made from post-consumer recycled materials, promoted Elyse Cornett to brand marketing manager, responsible for developing and executing marketing strategies.
Chandler Bats Acquires Emery Glove
Chandler Bats announced the acquisition of custom baseball glove manufacturer Emery Glove Co., benefiting both companies with product diversification and increased opportunity for customer crossover.
