September 25, 2024 KMD Brands Finishes in the Red after Difficult Year
The net loss was NZ$ 49,760,000 ($30.2 mm) for the fiscal year ended July 31 against income of NZ$ 35,139,000 prior, as revenues contracted by 11% to NZ$ 979,415,000 ($593.6 mm) from NZ$ 1,102,994,000 at the parent of Kathmandu, Oboz and Rip Curl. Adobe Forecasts Record Sales and Deeper Discounts for Cyber Week
U.S. e-commerce spending for Holiday 2024 will increase 8% as ongoing discounting and mobile shopping trends crystallize, according to Adobe Analytics’ initial Holiday forecasts, as sales hit a projected $240.8 million on top of the prior year’s 5% growth to $221.1 billion for the period from Nov. 1 to Dec. 31. Peak Performance Launches in the U.S.
Building upon its recent growth in Canada, the Amer Sports-owned brand is expanding in the U.S. with the introduction of its 2024 Ski Collection, which will be available through a newly established e-commerce platform. National Park Visits Fall in August
National Park recreational visits fell 6% year-over-year for the second consecutive month in Aug, totaling 35,362,712, down from 37,500,130, while year-to-date visits were 2% lower at 223,501,864 compared to 227,708,879. Balanced Body Sees ITC Open Investigation
The Pilates brand’s Aug. complaint has resulted in the International Trade Commission opening a section 337 investigation into exercise equipment and subassemblies that allegedly infringe on Balanced Body’s patent nos. 8,721,511, D659,205, and D659,208. Etcetera: L.L.Bean, Specialized, Sendero Provisions, Sqairz Golf, Weston Backcountry, Saxx
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