EXEC: Will Mexico Tariffs Stymie Mainland Headwear’s Plans South of the Border?
Lululemon Posts Double-Digit Sales Gain in Q4 as International Surges
EXEC: Colt CZ Group Profits Halved in 2024 Despite 51 Percent Revenue Growth
EXEC: Rip Curl and Oboz Parent KMD Posts Positive Fiscal H1 on Strong Online Sales
U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
SGB Update
Leatt Corp. Revenues Jump DD in Q4 on Strong Body Armor and Helmet Growth
Sales of the brand’s most established category, neck braces, were down 25 percent in Q4 year-over-year as inventory is digested at the dealer and distributor level. Sales of ADV gear, designed for Adventure riding, exceeded expectations.
SBA Implements Made in America Manufacturing Initiative
The new SBA effort will cut $100 billion in regulation, expand access to capital and create dedicated infrastructure to support blue-collar boom.
Bass Pro Shops to Officially Open in Tyler, TX, with Evening for Conservation
The retailer will host a grand opening of its new retail store in Tyler, TX, with an Evening for Cnservation, on Wednesday, April 16. Every dollar spent during the event, 20 percent (on most items) will be donated to local conservation organizations, a tradition owner Johnny Morris started many years ago.
BKK Hooks Hires New Director of Marketing
BKK said Casey Yoern previously served as the marketing specialist/photographer at Daiwa Corp., where he spearheaded digital marketing campaigns, managed product launches and oversaw catalog creation for over 2,000 SKUs.
NMMA: EU Delays Tariffs on U.S. Boats, Creating Window for Negotiations
While this delay is not a final solution, NMMA believes it is a welcome sign that both sides are taking time to negotiate.
SGB Executive
Bogner Reports Solid Sales Growth, Retail Expansion in the Prior Fiscal Year
Bogner also expanded its Management Board during the 2024 calendar year with the addition of Daniel Hiendlmeier as chief brand officer in June 2024 and Frank Wiesner, appointed as CFO in December. Both were also named a managing director.
EXEC: Will Mexico Tariffs Stymie Mainland Headwear’s Plans South of the Border?
There was no mention of U.S./Mexico tariffs in the company’s Annual Report, even as more production moves south of the border for Mainland and New Era (presumably) that push to increase shipments in the second quarter and that could eat into company margins as tariffs are due in April after a 30-day delay.
EXEC: Colt CZ Group Profits Halved in 2024 Despite 51 Percent Revenue Growth
Maintaining profitability in the Firearms segment through more effective cost control is one of the company’s goals for 2025, especially in the U.S. market. New CZ and Colt products are expected to play a key role for future growth in the U.S. market.
EXEC: Rip Curl and Oboz Parent KMD Posts Positive Fiscal H1 on Strong Online Sales
The parent of the Rip Curl, Oboz and Kathmandu brands said Group online sales performance has been a highlight, with all three brands achieving double-digit sales growth y/y. Online reportedly remains a key growth priority for the Group.
EXEC: EY M&A Outlook Signals Cautious U.S. Deal Market
EY expects U.S. deal volume will rise 10 percent in 2025, building on a robust 13 percent advance in 2024, driven by sustained economic activity, decreasing interest rates, pent-up demand & reduced valuation gaps.
