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October 22, 2024


Li Ning Creates International Joint Venture

The Chinese sportswear giant continued to struggle in its home market in the third quarter and has turned its aspirations outside the PRC by creating a joint venture in the British Virgin Islands with Hong Kong-based venture capital firm HongShan.

NRF Sees Record Holiday Spending

Finding results largely in line with earlier surveys, Holiday 2024 spending per shopper is projected to increase 3% to a record $902 over $875 in '23 and up 2% over the prior high of $886 in pre-pandemic '19, according to the National Retail Federation's latest findings from Prosper Insight & Analytics.

X-Bionic Launches in North America

The Swiss apparel and gear brand has entered the North American market with a new showroom at Battery 621 in Denver, CO, headed up by N.A. president and co-owner, Kris Kuster.

Fabletics Aims to Expand Footprint

The active lifestyle apparel brand is expanding into Mexico through a partnership with Liverpool beginning in Q2 '25, bringing Fabletics towards its objective of securing a presence in ten countries by the end of 2027.

Buds Gun Shop Names New President & COO

Buds Guns Shop & Range, one of the country’s largest firearms and ammunition retailers, appointed Mark Stecher as president and COO.

Reebok Settles Autry Lawsuit

Ex-Numero Uno has reached a deal with Autry’s Italian parent to settle a 2023 trademark infringement suit that accused it of copying Reebok's Window Box, Crosscheck, and Stripecheck marks.

Etcetera: Lululemon, TrusTrace, Peloton, Reebok, St. Croix Rod

 
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