EXEC: Under Armour Posts Best South America Quarter with Brazil Partner Vulcabras
EXEC: OIA President Kent Ebersole Talks About Community
EXEC: DOJ Reviewing Eligibility of $5.4M in PPP Loans at New Age Group’s U.S. Subsidiary
EXEC: Birkenstock Posts Solid DD Growth in Fiscal Q3 Period; EPS Jumps 75 Percent
StockX H1 Report Calls Out Asics, Clarks, New Era, Labubu, and Cactus Plant Flea Market as Winners
SGB Update
Perfect Moment’s Fiscal Q1 Revenues Jump 51 Percent
The luxury skiwear brand’s sales in the fiscal first quarter, ended June 30, climbed 51 percent, while adjusted operating losses narrowed slightly. Jane Gottschalk, President, said, “The launch of our spring/summer capsule, expansion of our style count, and the introduction of partnership revenues have further strengthened our brand positioning and customer engagement globally.”
Report: Female Consumers Slowing Discretionary Spend Faster Than Men
During the first half of 2025, year-over-year demand for discretionary products by female consumers remained flat, in contrast to a 3 percent increase in unit sales by men, according to Circana. Discretionary spending by women grew 1 percent on a dollar basis, while spending by men rose 2 percent.
True Spec Golf Opens Custom Club Fitting Studio in Nashville
The Nashville location marks the boutique golf club fitter’s fifth location, where it has partnered with Intown Golf Club, following its locations in Atlanta, Charlotte, Columbus-Dublin, and Philadelphia. True Spec Golf now has 44 studios worldwide.
Leatt Corp. Launches Share Repurchase Program
The maker of protective gear introduced a share repurchase program of up to $750,000 of the company’s outstanding common stock. The program comes as Leatt recently reported sales vaulted 61 percent in the second quarter ended June 30.
PickleRage Franchise Expands New Jersey Footprint
PickleRage at Union County will be owned and operated by Mike Silva, who was a former executive in fitness clubs and multi-sport facilities, as well as the founder and president of The Edge Fitness.
SGB Executive
EXEC: Under Armour Posts Best South America Quarter with Brazil Partner Vulcabras
The Brazil-based Valcabras S.A. manages, manufactures and distributes footwear, apparel and accessories in South America for the Under Armour and Mizuno brands, and owns and manages the the Olympikus brand. The company said Under Armour posted its best quarter since they partnered in 2018.
EXEC: OIA President Kent Ebersole Talks About Community
Kent Ebersole, president of the Outdoor Industry Association (OIA), spoke with SGB Executive about the organization’s mission-driven focus, the challenges facing the outdoor industry beyond tariffs and revitalizing a national industry tradeshow.
EXEC: DOJ Reviewing Eligibility of $5.4M in PPP Loans at New Age Group’s U.S. Subsidiary
The news came as the parent of Ahead, Craft, Cutter & Buck and Tenson reported its Sports & Leisure segment’s revenues amounted 5.1 percent y/y to ~$91 million in Q2 2025. Craft was said to be the primary driver of global sales growth, while Tenson also showed comparatively strong growth.
EXEC: Birkenstock Posts Solid DD Growth in Fiscal Q3 Period; EPS Jumps 75 Percent
The company reported fiscal third quarter revenue of €635 million, a 12 percent increase year-over-year on a reported basis and up 16 percent in constant-currency terms. Closed-toe shoes continue to outpace the growth of sandals, contributing to the higher ASP.
EXEC: Ombraz Sunglass Brand Exits Asia; Now 100-Percent Italy Sourced, Produced and Shipped
The company is reporting that it has relocated 100-percent of the manufacturing of its armless sunglasses from Asia to a family-owned workshop in Northern Italy, five miles from its Italian Zeiss lens facility.
