Black Friday will continue to have an outsized influence on Holiday shopping, according to Bain & Company, which forecasts the day will lead the season in a year when Black Friday to Cyber Monday will grow 8.8% while total Holiday spending grows 4.5%.

Roots shareholders voted overwhelmingly for the go-private deal, with over 99% giving the green light, as Marquee Brands acquires the outdoor and lifestyle apparel brand for C$4.10 ($2.97) per share in cash for a purchase price of C$160.7 million ($116.4 mm).

The parent of Ergatta, Wattbike, CLMBR, and FORME issued 768,509 Series R convertible preferred shares in exchange for $7,685,090 of outstanding unsecured convertible notes on Sep. 30.

Chinese running specialist 361 Degrees said that core brand retail sales grew mid-single digits in the third quarter, while its independently run 361º Kids brand improved mid- to high-single digits.

The Manhattan Beach-based sneaker giant aims to raise $3 million this year in its long-running campaign supporting children with special needs, public schools and national college scholarships.

A class action lawsuit is now underway seeking IEEPA tariff refunds for smaller importers after the U.S. Court of International Trade certified a plaintiff group in Freestyle World, Inc. v. United States late last week.

Yue Yuen’s footwear manufacturing revenue improved 7% in Sep., to an implied $475.5 million from $443.6 million last year, reversing the prior month’s negative trend, which saw revenues slip 1% as shipments rebounded.

Yue Yuen’s retail subsidiary, which operates PRC stores for Nike, Adidas, and many other brands, narrowed its declines in Sep. to a 3% drop in local currency to RMB 1,314.8 million ($193.1 mm) and is now down 4% year-to-date to RMB 12,402.7 million.

BlackStrap’s former VP of brand & marketing, Randy Torcom, has returned to the winter accessories brand as VP of brand & product.

The fast-growing pickleball club franchisor said excessive commitments made to landlords guaranteeing franchisees’ rents are forcing it to reorganize in a Chapter 11 filing in No. TX federal court.

Yeti filed suit in E. NY district court, accusing Bedgear of infringing on two of its utility patents and three design patents with the defendant’s Performance Dog Bed products.

In observance of the Columbus Day federal holiday we will not publish SGI NewsWire on Monday, Oct. 12. We will resume publishing on Tuesday, Oct. 13.

Accelerating from 2024’s 2.0% improvement, total hardgoods sales increased 3.1% last year to $112,240 million from $108,842 million, led by the largest companies, with eight of the top 10 posting sales growth.

With Maggie Gauger’s surprise departure to rival Lululemon, Athleta’s chief marketing officer, Erika Everett, will take the reins on an interim basis until the company finds a permanent successor, according to a company internal memo viewed by Bloomberg.

Now that most Holiday merchandise has arrived in stores and warehouses, imports at U.S. container ports dipped 1% in Aug. to 2.30 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates’ Global Port Tracker report.

The Federal Trade Commission prompted Gildan and S&S Holdings to remove exclusive pricing terms from their partnership agreement after a review found that S&S’s contract with GIL prohibited it from offering similar pricing and discounts to competitors.

Los Angeles Police arrested Wassem Saman, owner of Shoes n Shoes, with $1 million worth of goods allegedly stolen from BNSF and Union Pacific Railroad train property.