January 10, 2025 2025 Input Costs: Freight and Labor Up, Raw Materials Stable
U.S.-bound trans-Pacific shipping rates are again on the rise in the face of uncertainty over tariff plans from the incoming Trump administration and earlier fears of the potential International Longshoremen’s Association strike. Journeys Posts Strong Holiday Comps
Genesco’s Journeys banner comped up 14% for the fourth quarter-to-date period ended Dec. 28, accelerating through the season with strong full-price selling, the company announced in a release. November Retail Imports Higher than Expected
Retail imports at U.S. container ports increased 15% in Nov. to 2.17 Twenty-Foot Equivalent Units, far exceeding the 1.91 million TEU forecast by the NRF and Hackett Associates. Yue Yuen Improved, Pou Sheng Struggled in December
Yue Yuen’s manufacturing segment revenue grew 14% in Dec., to an implied $477,956,000 from $420,401,000 last year, driven by its growing order book as the global footwear industry normalizes.
The outdoor apparel company is suing Be Hippy, LLC, and its owners in Cen. CA district court for infringing on the distinctive P-6 logo based on a silhouette of the Mt. Fitz Roy skyline. Etcetera: Tilly’s, POC, Fleet Feet, Primary Arms Optics, ThirtyTwo
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