EXEC: Yue Yuen Sees Improving FW Manufacturing but China Retail Still a Drag
EXEC: Giant Group Saw Ugly but Improving Trends in First Half; H2 Shaping Up Nicely
Deuter to Integrate Packs With HydraPak Hydration Reservoirs and Soft Flasks
CNBC/NRF Retail Monitor Reveals Lower Growth in July Core Retail Sales Trend
MasterCraft Boat Holdings Divests Aviara Brand to MarineMax Subsidiary
SGB Update
Report: Online Spending Rose in July, but Shifted to Lower Cost Options
Signifyd’s data shows e-commerce sales are still growing, but consumers are relying on discounts and low-cost options as merchants wonder what it means for the coming Holiday shopping season.
Escalade’s Walt Glazer to Retire from President and CEO Roles
Glazer, a shareholder since 1991, a Board Director for the past nine years, and chairman since 2018, will continue serving on the Board after his retirement, pending annual shareholder approval.
Hodgdon Powder Company Adds Two Industry Pros at RCBS Unit
Reloading industry leader RCBS, a division of Hodgdon Powder Company, has hired Chris Rodgers as digital & e-commerce senior manager and Joel Hodgdon as the company’s new marketing director, with both hires effective immediately.
Yamaha U.S. Marine Appoints Outdoor Marketing Division Manager
A 21-year company employee, Scott Higgins now oversees Yamaha Marine advertising, events, tournaments and sponsorships, Yamaha pro staff, and Yamaha Marine dealer education. He succeeds Susan Camp, who retired in August 2024.
Winnebago Makes Transitioning Moves on Executive Leadership Team
Chris West, currently senior vice president of Winnebago Industries enterprise operations and Barletta Boats, has been named president of the Winnebago Outdoors businesses, replacing Huw Bower who is stepping down at the end of August.
SGB Executive
EXEC: Yue Yuen Sees Improving FW Manufacturing but China Retail Still a Drag
The volume of shoes shipped during the first half period increased by 9.9 percent to 120.7 million pairs amid a “decent recovery trend” and a further normalized order book. Pou Sheng China retail decreased 12.7 percent to $1.38 billion in U.S. dollar terms for the first half.
EXEC: Giant Group Saw Ugly but Improving Trends in First Half; H2 Shaping Up Nicely
The 5.8 percent decline in Q2 was a clear quarter-over-quarter sequential improvement versus the 2024 first quarter, when Giant Group saw revenues fall 20.2 percent for the January through March period, on top of a 9.7 percent decrease in the corresponding Q1 period last year.
EXEC: Under Armour’s Shares Jump on Q1 Beat, Guidance Raise
Shares of Under Armour rose nearly 20 percent Thursday after the company notched a surprise quarterly profit before litigation-related charges as both gross margins and North America’s sales performance exceeded expectations. Under Armour slightly raised its outlook for the year.
EXEC: Yeti Shares Surge as Company Delivers Continued Good News to Market
Growing margins, International growth, innovative new products, shifting sourcing, inventory control, new leadership and a new licensing partnership with the NFL rolled up into a very positive report and conference call on Thursday.
EXEC: Helly Hansen Posts Small Q2 Growth While SportChek Declined on Weather Woes
Canadian Tire Corp., parent of Helly Hansen and the SportChek, Sports Experts, Atmosphere, Pro Hockey Life, Sports Rousseau, Hockey Experts, and Mark’s retail banners, reported top-line pressures in Q2 were balanced by strong margin and cost control, improving retail profitability.