October 14, 2024 Holiday Sales Hinge on Promotions, Survey Finds
Promotions are top of mind for most consumers during the Holiday selling season, while nearly three-quarters of retailers are anticipating higher seasonal costs, according to Manhattan Associates' 2024 Supply Chain Confidence Survey. Red Wing Shoe is Closing Down Vasque
Red Wing’s 60-plus-year-old rugged outdoor footwear brand is being shut down in favor of the MN-based parent company's core work and hunting labels, including Irish Setter, Worx, and the Red Wing boot brand.
Chinese running specialist 361 Degrees said that core brand retail sales grew approximately 10% in Q3, while sales of its independently run 361º Kids brand increased by around the same percent compared to the prior year. Modern Meadow Elevates David Williamson to CEO
The NJ-based maker of alternative leather materials Bio-Vera and Bio-Tex promoted its president and COO to the top job after a nine-year career at the company that began as chief science and technology officer. Nike Derivative Suits to be Stayed
The Eager Beavertons and several plaintiffs filed a joint motion asking the OR district court for an order staying all derivative suits due to their overlap with a securities class action filed earlier.
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