North Face sweat shirt on sale for $130

NEW YORK (Reuters) – North Face is selling a black sweater for $132 and a hooded sweat shirt for $129 in a deal that could be a flash in the pan for the outdoor apparel maker.

The deal is the latest in a string of moves by North Face to expand its outdoor retailing, with the sale of new outdoor gear such as jackets and sweat shirts on a shoestring budget.

A North Face spokesperson said the clothing was on sale on Thursday and would be available through its online store and retail outlets through the end of the month.

It was unclear how much the sale would be worth, and if it would qualify as a sale, or if it was subject to the usual minimum order quantity.

A similar deal on a black jacket was announced last month and was also subject to a minimum order.

North Face has sold jackets and sweatshirts in the past, including a black version in 2017 that retailed for $200.

In February, it sold a black ski jacket that retails for $100.

North American outdoor apparel companies typically require minimum orders to qualify for discounts.

North Americans sales were down 4.3 percent in March, while worldwide sales fell 2.2 percent.

The U.S. outdoor industry’s worst-performing quarter in four years was in 2015, when outdoor sales fell 6.6 percent.

North America’s overall sales fell 3.3 percentage points to $1.17 trillion in the fourth quarter, according to Thomson Reuters I/B/E/S.

The company is currently in talks with retailers to sell outdoor gear, including hooded sweatshorts.

North-American outdoor apparel sales fell 8.5 percent in 2016, and apparel sales in North America dropped 11.5 million, according the U.K. Outdoor Retailers Association.

The North Face deal will be the company’s second foray into outdoor retail in recent years, after it sold jackets for $30 in 2012.

The company did not disclose its sales.


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