U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
EXEC: EY M&A Outlook Signals Cautious U.S. Deal Market
EXEC: Fila Sets U.S. Re-Org and Inventory Sell-Off; Market Re-Entry TBD
Nike, Inc. Sees Turnaround Efforts Lasting through Fiscal 2026
EXEC: The Apparel Brands Bringing the Brand Heat in 2025
SGB Update
Surftech Taps Andy Barnett as General Manager
Barnett brings over 10 years of experience from his previous roles at Lost Surfboards, where he initially served as CFO before transitioning to general manager .
Salomon Appoints Nike Vet as Global Brand Creative Director
As Global Creative Director at Salomon, Nick Parkinson will collaborate with the Executive Board and product leadership team to drive the brand’s creative strategy across all consumer touchpoints, platforms, channels, and regions.
Summit Golf Brands Honors Salesperson of the Year
Paige Golibart operates out of The Bungalow, SGB’s showroom in Jupiter, FL. She represents three of the company’s apparel brands on Florida’s East Coast — B. Draddy, Zero Restriction and Fairway & Greene.
U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
The Present Situation Index, based on consumers’ assessment of current business and labor market conditions, decreased 3.6 points to 134.5, a solid score, but the Expectations Index, measuring a six-month outlook, fell to 65.2, the lowest level in 12 years.
Sierra-at-Tahoe Appoints Director of Sales and Marketing
Susan Sherman first joined Sierra-at-Tahoe as the Content and Communications manager in 2018 and served through the start of the pandemic. She then moved to Utah and assumed a similar role at Snowbird.
SGB Executive
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.
EXEC: Sports Direct to Expand South Asia Presence with Map Active
This latest strategic partnership between Sports Direct parent Frasers Group and MAP Active will expand the sporting goods retailer further into Indonesia, with entry into India, the Philippines, Thailand, Vietnam and Cambodia.
EXEC: Spartoo Improves 2024 Cash Flows Through Improved Inventory Management
Spartoo is signaling that it will continue offering a wide range of footwear, ready-to-wear, bags, and accessories throughout 2024, even as it manages its online inventory more tightly.
EXEC: Fila Sets U.S. Re-Org and Inventory Sell-Off; Market Re-Entry TBD
The company has essentially shuttered the U.S. business and expects full clearance by strategically selling off Fila USA inventory by the end of 2025, and determine if best avenue for re-entry in the market is direct operations, licensing or a distribution model.
EXEC: Stella Footwear Factories Ship 53M Pairs in 2024
The manufacturer of footwear for Nike, Saucony, Under Armour, Merrell, Timberland and Ugg saw Q3 shipment volumes roughly flat in US dollar terms, despite comping against a decrease of approximately 18.7 percent in Q3 last year.
