EXEC: Ahead, Craft, Cutter & Buck Parent Sees Sales Decline Cut into Bottom Line
EXEC: Nike, Inc. Outlines Two-Phase Plan to Cut 740 Positions at Beaverton HQ
Vail Resorts Expects Resort EBITDA at Low End of Outlook Despite Late Season Bump
EXEC: Anta Sports Sees Fila Brand Q1 Retail Sales Trend Moderating from 2023
Nordstrom Family Members Look to Take Namesakes Retailer Private Again
SGB Update
Report: RV Shipments Inch Up in March on Towable RV Growth
Towable RVs, led by conventional travel trailers, ended the month up 5.9 percent compared to last March. For the first quarter, RVs are up 9.3 percent compared to the year-ago Q1 period last year with 85,941 units shipped through March.
Report: U.S. Footwear Market Flat Year-Over-Year in First Quarter
Circana is reporting that the footwear market turned a corner in the first quarter, in terms of retail sales, as U.S. footwear industry sales revenue remained on par with Q1 2023, at $9.1 billion, and units sold experienced a 1 percent lift.
Newell Brands Sees Turnaround in Sight, but Outdoor Segment Continues Shrinking
The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, saw the Outdoor segment fall 25 percent in Q1, reflecting a core sales decline of 20.3 percent and the impact of unfavorable FX and certain business exits.
SGB Executive
EXEC: Columbia Using Temp Stores to Offload Excess Goods as it Fights to Right-Size
While the company is focused on improving the Columbia, Sorel and Prana businesses through investments in innovation and marketing, the company only has to look as far as its Mountain Hardwear brand and new leadership and direction to see early results of similar efforts.
EXEC: Mips Continues to Turn the Business Around in Q1 After Tough 2023
For the consecutive second quarter, Mips delivered growth in the Bike sub-category and has seen inventory levels of helmets with consumers and retailers returning to healthier levels.
EXEC: Ahead, Craft, Cutter & Buck Parent Sees Sales Decline Cut into Bottom Line
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson reported that first-quarter net sales decreased 7 percent to SEK 1.995 billion. Regionally, Central Europe, followed by the U.S., performed best in sales volume.
