December 17, 2024 Abbreviated Season Leads to Huge Super Saturday
The National Retail Federation is expecting 157.2 million shoppers to turn out across channels for a key Super Saturday in the short Thanksgiving-Christmas window, hitting the second highest level on record compared to 2022 and up 11% year-over-year from 141.9 million based on a Dec. 2-9 survey conducted by Prosper Analytics. Sporting Goods Sales Dip 1.4% in November
Adjusted sales of sporting goods/hobby/book and music stores fell again last month, continuing a year-long downtrend, slipping 1.4% to $8,296 million from $8,225 million, but inched up sequentially, according to Commerce Dept. data. Outerstuff Scores Upgrade from S&P Global
The ratings agency upgraded the kids’ licensed sports apparel maker’s issuer credit rating and the issue-level rating on the company’s $122.1 million senior secured term loan to B- from CCC+, with a stable outlook.
The Finnish fishing tackle company appointed Cyrille Viellard as its new president and CEO, effective July 3, 2025, succeeding Lars Ollberg, who is retiring after 45 years with Rapala VMC. Ombraz Expands in the U.S., Adds Key Hire
The armless sunglass maker has partnered with Jeff Weathersbee and Paul Jordan from The Summit Group to expand its retail footprint in the Southeast. ASTM Launches Pickleball Eyewear Standard
ASTM International’s sports equipment, playing surfaces, and facilities committee added pickleball-specific eyewear to its standard on eye protectors for racket sports. Etcetera: Birkenstock, Legacy1846, Authentic Brands Group
|