The Biden Administration has weighed in on the de minimis shipment controversy with a Notice of Proposed Rulemaking to suspend exceptions to products otherwise subject to Section 301, 201, or 232 tariffs, highlighting impacts to the U.S. apparel industry in its release.

The multi-brand outdoor and shooting sports company is leaning into innovation to capture retailer shelf space and DTC sales in a slow market where newness drives the bulk of consumer interest.

Deloitte is first out of the gate with predictions for Holiday 2024 retail sales, calling for 2.3% to 3.3% growth this year to between $1.58 and $1.59 trillion from Nov. to Jan., lapping a 4.3% increase for the same period last year.

The Eager Beavertons were hit with a third proposed shareholder class action suit filed in OR district court by Benjamin Lapin, naming president and CEO, John Donahoe, CFO, Matthew Friend and several directors as defendants.

Following its recent addition of sandal and casual slip-on footwear brand Sanuk from Deckers, the Canadian apparel maker has inked an agreement to acquire Louis Garneau, adding Garneau, Sugoi and Sombrio to its portfolio of brands.

The latest round of early stage companies vying for the SFIA’s annual prize has expanded to nearly a dozen contestants this year.