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News
EXEC: Saucony Raises Outlook After Solid Q2 with Wholesale Growth Led by Int’l, Continued U.S. Gains
1+ day, 18+ hour ago (434+ words) Saucony revenue reportedly increased 9.9 percent, or 9.0 percent growth in constant-currency (CC) terms, to $158.6 million in the second quarter, building on top of 40 percent growth in the second quarter last year. The increase was said to be driven by growth in both…...
EXEC: Japan’s Xebio Holdings Sees 6 Percent Growth in Fiscal Q1
1+ day, 20+ hour ago (144+ words) The largest sporting goods and athletic apparel retailer in Japan reported sales in the fiscal first quarter ended June 30 rose 6.1 percent to ¥68,242 million ($428 mm). Xebio Holdings Co., Ltd., the largest sporting goods and athletic apparel retailer in Japan, reported sales in…...
EXEC: Leatt Corp. Sees Q2 Earnings Dip on Supply Chain Constraints
1+ day, 20+ hour ago (407+ words) Leatt Corp., the South African-based maker of protective gear for MOTO, MTB, and a wide range of extreme and high-velocity sports, reported that profits in the second quarter declined 20.2 percent in the second as it faced some temporary supply chain…...
EXEC: Birkenstock Completes Secondary Stock Offering
2+ day, 13+ min ago (200+ words) Birkenstock Holding plc announced the pricing of a secondary public offering of 25.5 million shares of Birkenstock sold by BK LC Lux MidCo S.à r.l., an entity affiliated with L Catterton. The sale reduces L Catterton's stake in Birkenstock from…...
EXEC: Sports Direct Parent Frasers Group Acquires Luxury Retailer Harvey Nichols
2+ day, 21+ min ago (331+ words) Frasers Group plc (Group), parent of Sports Direct, has acquired Harvey Nichols from FTI Consulting LLP. Harvey Nichols is said to be one of the UK’s most recognized luxury retailers, with a heritage spanning almost 200 years and a portfolio of…...
FDRA Sees Tariffs Taking an Even Bigger Bite Out of Family Back-to-School Budgets
2+ day, 53+ min ago (351+ words) The Footwear Distributors and Retailers of America (FDRA) issued a statement this week, suggesting that the July Consumer Price Index (CPI) underscores continued affordability pressures facing American families during the back-to-school (BTS) shopping season, as inflation and higher tariffs increase…...
EXEC: Asics Hikes FY Outlook On Gangbuster First-Half Results
2+ day, 46+ min ago (710+ words) Asics Corp. raised its outlook for the year after reporting net earnings rose 53.3 percent in the first six months on a 32.7 percent sales surge. On a currency-neutral basis, sales in the half grew 22.0 percent, fueled by gains of 29.7 percent in…...
EXEC: Fila Brand Parent Misto Holdings Sees Q2 Driven by Partial Ownership of Titleist and Footjoy
2+ day, 1+ hour ago (429+ words) Misto Holdings reported in the South Korean Won (KRW) currency. SGB Media converted to U.S. dollars at a conversion rate of 1 KRW to.000666 USD as published as the average conversion rate by the company. Strong performance at Acushnet and improved profitability…...
iFabric Corp.’s Q2 Sales Vault 65 Percent
2+ day, 1+ hour ago (507+ words) Ontario's iFabric Corp. reported sales surged 65 percent in the second quarter to Canadian $9.6 million (U.S. $6.9 mm), led by a 94 percent gain in its Intelligent Fabrics Division and a 28 percent increase in its Intimate Apparel Division....
Outdoor Research Moving Seattle Headquarters, Flagship Store
2+ day, 2+ hour ago (126+ words) Outdoor Research is moving its headquarters to a smaller, modern collaborative space in West Seattle while also relocating its flagship to a more central, high-visibility location in the city center. The new headquarters are at 1315 Harbor Ave SW in the…...