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September 23, 2020


Kathmandu Net Shrinks Despite Soaring Top Line

Net income attributable to shareholders plunged 86% to NZ$8,145,000 ($5.2 mm) for the fiscal year ended July 31, from NZ$57,633,000 last year, though incremental Rip Curl sales sent revenues up 49% to NZ$801,524,000 ($510.5 mm) from NZ$538,855,000.

SG Industry Works to Get Out the Vote

Industry manufacturers and retailers are weighing in on voting in the presidential election year, launching their own initiatives or partnering with longstanding voter registration organizations.

Survey: Holiday Shopping Season Extends Forward

Consulting firm AlixPartners is forecasting 1.0% to 2.6% retail sales growth this year for the Holiday season, which it opines should now include the month of Oct, in addition to Nov. and Dec.

Goat Group Raises Another $100 Million

The online sneaker, apparel and accessories resale platform raised the Series E round from D1 Capital Partners, bringing its total raised to nearly $300 million since it was launched in 2015.

National Park Visits Fall 11% in August

Traffic at National Parks continued to lag behind last year, with Aug. recreational visits down 10.8% to 36,366,501 from 40,784,074 in 2019.

CPSC Recalls: Specialized and Pedego Bicycles

Specialized is recalling about 39,200 Sirrus, Sirrus X and Sirrus Sport Bicycles with alloy cranks because the crank arm can disengage and cause the bicycle’s rider to lose control.

Etcetera: Puma, Rumpl, Ortovox

 
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