After yesterday’s gloomy forecast from Deloitte, the picture for Holiday 2025 is a little rosier at the National Retail Federation, as their seasonal survey, conducted by Prosper Insights & Analytics, found an average retail spend of $890.49 on the horizon, down only 1% from last year’s record of $901.99.

Third-quarter revenues increased 4% to $391.6 million from $378.0 million at the high-end sneaker and other footwear maker, driven higher by growing athletic sales.

BIRK is taking over its business down under by acquiring long-standing distributor Birkenstock Australia Pty. Ltd. from founders Marcel and Manuela Goerke, which will now operate under its Birkenstock International Asia GmbH subsidiary.

iFit Health & Fitness is recalling about 45,500 NordicTrack Model NTRW19147 rowing machines because the screen console can overheat and catch fire.