Orvis Sets Layoffs and Store Closures; Discontinues Catalog
Vermont-based Orvis, founded in 1856, announced plans to lay off 112 employees, close some of its retail stores and discontinue its iconic catalog “to enable a smaller and more agile business.” “Orvis is in a period of business evolution that requires us to think differently.
SGB Media Online | Active Lifestyle Market B2B Information
Retail sales for the Fila brand in China reportedly increased in mid-single digits for the 2024 full-year period, while Anta brand sales improved in the high-singles year-over-year and All Other Brands, including Descente and Kolon Sport, saw fourth-quarter retail sales increase in the 40 percent to 45 percent range.
EXEC: Giant Group’s 2024 Trend Degrades Further as November …
2024年12月13日 · The Giant Group can’t get out of the basement this year even as easier year-over-year comp opportunities paved the runway for strong gains. The Taiwan-based bike manufacturer saw its 11-month year-to-date (YTD) sales trend fall further in November after mid-single-digit declines in October and September.
Accell Group Undergoes Debt Restructuring | SGB Media Online
2024年10月8日 · Netherlands-based Accell Group NV, backed by Kohlberg Kravis Roberts & Co (KKR), agreed to a restructuring that writes off 40 percent of its debt and will see its liabilities at the operating group level cut to €800 million ($881 million) from €1.4 billion, with maturities extended through to 2030.
SDS Imports Rebrands as SDS Arms | SGB Media Online
2024年10月15日 · SDS Imports, a manufacturer of firearms and accessories in Knoxville, TN, and an import partner of Tisas USA, MAC, Inglis, and Spandau Arms, has rebranded to SDS Arms to help grow its sales and reach in the U.S. firearms market
Report: Over 157M Consumers Plan to Shop on Super Saturday, …
2024年12月16日 · The National Retail Federation (NRF) reports that an estimated 157.2 million consumers plan to shop on the last Saturday before Christmas, according to its annual survey released today by the organization and Prosper Insights & Analytics. The estimate is reportedly up from 141.9 million “Super ...
EXEC: Roots Sees Solid Q3 Growth Continuing into Fourth Quarter
2024年12月13日 · Roots Corporation reported that total fiscal third quarter sales were CN$66.9 million for the 13-week period ended November 2, a 5.3 percent increase compared to CN$63.5 million in Q3 2023.. The Canada-based outerwear and sportswear brand reports in Canadian dollars (CN$) unless noted otherwise.
USPS to Raise Rates in 2025 to Remain Competitive
2024年11月25日 · The Postal Service has announced shipping services price changes to take effect on January 19. The USPS governors approved the proposed adjustments last week.
Reebok Returns to Golf Category; Partners with Bryson …
2024年12月15日 · Reebok, Bryson DeChambeau and his LIV Golf team, Crushers GC, announced a long-term partnership designating the brand as the “official apparel and footwear sponsor” of DeChambeau and the team, marking the brand’s re …
Iconic Vasque Brand Discontinued by Parent Red Wing
Red Wing Brands of America, Inc. issued a statement confirming the discontinuation of the Vasque outdoor boot brand. “Together, we have done remarkable things across the outdoor industry,” said Red Wing in the statement.