September 15, 2022 Kanye Quits Gap, Is Adidas Next?
Following last week’s Instagram tirade against the two brand partners, Kanye West’s attorneys notified GPS in a letter that he was terminating their deal. Clarus Says Customers are Holding Up Despite Inflation
Clarus said it is standing by its “super fan brands” strategy in the face of recessionary fears and post-lockdown normalization for the outdoor sector, at the Raymond James investor conference. Rail Strike Averted with Last Minute Deal
The nation narrowly avoided yet another supply chain crisis ahead of the Holiday selling season as the railroad unions and management reached a tentative deal Thursday following intervention by the U.S. Department of Labor. Sporting Goods Sales Accelerate in August
Sporting goods/hobby/book and music store adjusted sales grew 6% year-over-year last month to $9,281 million from $8,793 million, according to Commerce Dept. data, a bit behind overall retail sales excluding cars and fuel, which grew 9%. Eddie Bauer Expanding in Japan
Authentic Brands Group and SPARC tapped Japanese trading company, Itochu Corp., to grow the outdoor brand’s presence in Japan.
Cervélo is recalling about 2,043 model year 2022 R5 and Caledonia-5 bicycles and 182 ST31 LT replacement stems because the handlebars on the bicycles can slip in the stem and cause the rider to lose control. Etcetera: Skechers, Ammo, Inc., Golftec, Primary Arms, Vista Outdoor
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