September 19, 2018 Nike Momentum Keeps Building after Kaepernick Ad
In the two weeks that have passed since the Eager Beavertons’ controversial reboot of Just Do It launched, evidence is mounting that the benefits of featuring Colin Kaepernick are far outstripping the backlash. Grassroots Outdoor Alliance Hits Back at Moosejaw
The outdoor specialty group called Moosejaw’s open letter defending its site on Walmart.com “cynical and inaccurate,” and argues that big retailers like Walmart crave the brand equity that has been built up over years of partnership between outdoor specialty stores and brands. Forecast Sees Strong Holiday Shopping Season
Retail sales are expected to grow 5.0-5.6% over last year, according to a forecast by Deloitte, to exceed $1.10 trillion and digital sales will be the biggest growth driver, accelerating to a 17-22% increase compared to a 16.6% in 2017 and reaching $128-134 billion, about 12% of the total. Yeti Sues 99 Cents Only Stores
Yeti accuses the dollar store operator of selling knockoffs of its Rambler tumbler and Colster beverage holder in a suit filed in W. TX District Court. Xero Shoes Raises $2.3 Million in Debt
The Boulder, CO-based maker of minimalist sneakers and sandals raised the debt capital in a deal with JPMorgan Chase, and will use the proceeds to support growth and expand its product line as well as retire existing debt. National Park Visits Fall 6% in August
National Park recreational visits declined 6% in Aug. to 39,055,628 from 41,756,749 and were down 3% year-to-date at 229,732,211 vs. 237,100,150. |