SGB Update

Marsh Wear Clothing Opens First Store  

Marsh Wear Clothing has opened its first store in its hometown of Charleston, SC, as the outdoor lifestyle brand celebrates its 15-year anniversary.

Blacktusk Outdoors Acquires Lucky Strike Bait Works

Toronto-based Blacktusk Outdoors has acquired the Lucky Strike fishing lure brand. Plans are underway to reinvest Lucky Strike in product design, expand into new categories and increase reach across North American and international markets.

Nike, Inc. Appoints New Converse CEO

Aaron Cain, a 21-year company veteran, was named the new CEO of Converse. He replaces Jared Carver, who is stepping down after serving as CEO for two years.

MeatEater to Open Store in Wisconsin

MeatEater, the hunt & fish specialty retailer, announced plans to open a store at The Corners of Brookfield in Wisconsin, representing its second store. MeatEater’s flagship store opened in April 2024 near its headquarters in downtown Bozeman, MT.

SGB Executive

EXEC: Osprey Grows, Hydro Flask Slows in First Quarter

Shares of Helen of Troy tumbled about 23 percent Thursday, July 10, after the company reported a loss in the fiscal first quarter ended May 31 on a 10.8 sales decline and issued guidance for the current quarter that was well below analyst targets. Of the sales decline, approximately eight percentage points was attributed to tariffs.

EXEC: Top Asia FW Factories See Improving Shipment Trends in June 2025

Feng Tay Enterprises, one of the longest-tenured producers of Nike footwear, saw manufacturing revenues decline 3.1 percent year-over-year (y/y) in June after cratering 23.4 percent in May. Yue Yuen Manufacturing increased 9.4 percent y/y in June after increasing just 0.5 percent y/y in May.