EXEC: Sports Direct’s Solid Full Year Performance Offset by Other Parent Company Factors
EXEC: Saucony Brand China Retail Growth Relaxes Further in Q2
EXEC: Coats Group to Acquire OrthoLite in Move to Reshape Footwear Components Market
EXEC: Rivian E-Bike Spin-Off Sees $1 Billion Valuation in Latest Funding Round
EXEC: Giant Group June Bike Shipments Exhibit Worst Decline Since October 2023
SGB Update
Lululemon Opens First Store in Italy
Located at Vittorio Emanuele II 24/28, the store spans roughly 5,700 square feet across two floors and officially opens July 19. The store’s product line supports yoga, running, training, tennis, and golf.
Report: Western Mountain Resorts Occupancy Turns Positive in June — But There’s a Catch
The most recent monthly Market Briefing data released by DestiMetrics’ parent, Inntopia, reveal a few caveats in the data that create a more mixed evaluation of the results, as fewer rooms available threw off the comparisons from last year.
Recall: Vivi E-Bikes Lithium-ion Batteries Sold with Vivi E-Bikes
About 24,000 36-volt lithium-ion batteries used with Vivi E-bikes are being recalled because the batteries can overheat, posing fire and burn hazards. Vivi is aware of 14 reports of incidents of batteries overheating, including three reports of fires.
NOCSAE Finalizes First Performance Standard for Youth Football Helmets
The standard is the result of over 10 years of NOCSAE-led effort and funding to support scientific research, testing, and analysis to establish sufficient youth-specific data and testing criteria necessary to develop the standard.
NRF’s Chief Economist Transitions to Senior Economic Advisor
The National Retail Federation announced on Thursday, July 17, that Jack Kleinhenz, NRF’s chief economist since 2010, is stepping down to serve in a new capacity as senior economic advisor. NRF Executive Director of Research Mark Mathews will become NRF’s new chief economist while continuing to lead the research team.
SGB Executive
EXEC: Sports Direct’s Solid Full Year Performance Offset by Other Parent Company Factors
U.K.-based Frasers Group, the parent of Sports Direct, Everlast, and Evans Cycles, among many others, reported a 7.4 percent decline in sales for its fiscal year ended April 27, as continued sales growth from Sports Direct was offset by moves to right-size other sports banners and weakness in its luxury segment.
KeyBanc Q2 Footwear Survey Finds Nike, Adidas and Hoka Trending Up
The survey of 1,001 U.S. adults conducted between June 25 and July 7, explored respondents footwear ownership, preferences, spending, and outlook. Among demographics, the Top 2 favorite brands for men and women, in order, were Nike and Adidas.
EXEC: Saucony Brand China Retail Growth Relaxes Further in Q2
MS (China) Sports Company Limited, a direct wholly-owned subsidiary of Xtep International Holdings Limited, operates under licensing and royalty agreements for the Merrell and Saucony brands and subsidiaries in China.
EXEC: Stella Int’l Q2 Footwear Shipment Volume Accelerates, Driven Mainly by Sports Segment
The manufacturer of footwear for Nike, Saucony, Under Armour, Merrell, Timberland and Ugg said Footwear Manufacturing shipment volumes in the second quarter rose 4.1 percent year-over-year and increased 3.8 percent year-over-year for the first half period.
EXEC: Mips AB Saw U.S. Tariff Changes Put a Damper on Q2 Growth
The Sweden-based maker of helmet protection technologies reported net sales increased just 1 percent to SEK 135 million in the 2025 second quarter, due to currency fluctuations. Organic sales growth was 12 percent, far below the 42 percent organic growth posted in the first quarter.
