Deloitte’s annual Holiday survey found that total average consumer spending for the season will jump 8% to $1,778 from $1,652 last year, which was a 14% increase over $1,455 in ‘22 and significantly higher than $1,496 in pre-pandemic ‘19.

Adjusted sales of sporting goods/hobby/book and music stores declined again last month to $8,167 million from $8,463 million, the ninth straight month of negative growth, according to Commerce Dept. data.

The high-end sneaker and fashion footwear maker’s third quarter sales inched up around 1% to $389.7 million from $387.2 million, on moderately higher demand.

To strengthen its localized strategy under Elliott Hill, the Eager Beavertons elevated Angela Dong to CEO of Greater China, and also appointed her chairwoman and global CEO of Nike's ACG business.

Under Dog is hoping to replicate its success in Italy, where a partnership with the sports brand owner and distributor grew revenues there from €8 million in 2017 to €50 million last year.

Ski Kare, the largest distributor of Vola Racing Waxes in the U.S., has been acquired by Kyle and Rachel Kucin from Gifford Hoback for undisclosed terms.

After multiple appeals, an E. PA federal court judge has ruled that the Eager Beavertons are on the hook for almost $7 million in legal bills and interest, after losing a long-running trademark infringement suit to the small compression wear maker over the “Cool Compression” mark.