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October 16, 2024


Nike Leans into Two Old Shoe Dogs to Resurrect Fortunes

The Swoosh, in need of a strategic reset on many fronts, has turned to two long-tenured former executives to devise and engineer a multi-faceted game plan for the brand that rebuilds its culture of innovation and position in the marketplace.

NRF Forecasts Modest Holiday Gains

Holiday 2024 sales are tracking for a 2.5% to 3.5% increase, according to the latest forecast from the National Retail Federation, landing in the range of $979.5 to $989.0 billion on combined in-store and online results over 2023's $995.6 billion final top line.

REI Aims to Sell/Leaseback Distribution Centers

The outdoor co-op is looking to monetize the value of its four distribution centers across the U.S. with triple-net sale-leaseback transactions, according to an ad for its Lebanon, TN facility on the commercial real estate site LoopNet.

Rip Curl CEO Steps Down

KMD Brands announced that Brooke Farris has resigned as the surf brand's CEO after having spent 14 years at the company, including three of those heading up Rip Curl.

Amer Sports Loses Patent Infringement Suit

Binding maker Rottefella announced that Norway’s Oslo District Court ruled in its favor and against the Atomic and Salomon parent over patented binding designs.

Etcetera: REI, Wintersteiger, Sports Direct, Magic Surf Brazil, Astral, Dick’s, Sparx Hockey, EvoShield

 
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