SGB Update Apparel
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.
Hanesbrands Faces Possible Debt Rating Upgrade on Proposed Gildan Merger
S&P Global Ratings placed Hanesbrands’ debt ratings on CreditWatch positive because it believes Hanesbrands’ credit profile will improve following its acquisition by Gildan.
Report: Understanding Consumer Purchasing Behavior Retains Loyalty, Even in Uncertain Times
With shifting consumer perceptions of inflation, debt and pricing pressure, the report from Resonate emphasizes that brands can no longer rely solely on “holiday intuition” or historical campaign performance to connect with consumers during times of economic uncertainty.
Dillard’s Posts First Quarterly Revenue Gain in Over Two Years
Dillard’s, Inc. reported its first sales revenue gain in a quarter since the 2022 fourth quarter while showing a slight decline in profits. The gains were led by juniors’ and children’s apparel, ladies’ accessories, and lingerie.
Osprey and Hydro Flask Parent Names Nike’s Scott Uzzell as CEO
Helen of Troy Limited, the parent of Osprey and Hydroflask, appointed G. Scott Uzzell, most recently corporate vice president and general manager of Nike North America and former president of Converse, as chief executive officer, effective September 1.
StockX H1 Report Calls Out Asics, Clarks, New Era, Labubu, and Cactus Plant Flea Market as Winners
In Accessories, Murakami collaborations drove New Era and Louis Vuitton to triple-digit growth on StockX in the first half. The company attributed this success to an ongoing obsession with jerseys, which helped Cactus Plant Flea Market clinch the No. 1 spot in the Apparel category and powered Mitchell & Ness to 40 percent year-over-year growth.
Brooks Running Bangs Out 19 Percent Q2 Revenue Gain
The company set an all-time quarterly revenue high for the second consecutive quarter, achieving double-digit growth or better in every region and channel, and expanding global revenue by 19 percent year-over-year.
Sunnyside Appoints VP Marketing Strategy
The marketing agency supporting California lifestyle brands, has named Scott Reynolds as its new vice president of Marketing Strategy. He will guide Sunnyside’s strategic and channel capabilities.
Former Nike Exec Named Funko CEO
The maker of bobbleheads s and pop culture collectibles, appointed Josh Simon CEO effective September 1. He worked for Nike from January 2015 to March 2020 and, most recently, Netflix as VP of Consumer Products.
Johnnie-O to Open New Store in Charlotte’s Village at South Park
The active lifestyle apparel brand for men, women and boys, will open its new store in at The Village adjacent to the South Park Mall in Charlotte, NC, an upscale shopping venue, on August 15.
Moody’s Reduces Academy Sports Debt Ratings Outlook
Moody’s Ratings lowered Academy Sports & Outdoors’ debt ratings outlook to “stable” from “positive” on its belief that the retailer’s credit metrics “will take longer than originally anticipated to reach levels in line with a higher rating” due to the challenged economy.
OR Show Parent Acquires Generis Group to Expand Executive Summits Portfolio
Emerald Holding, Inc., announced that it has acquired 100 percent of the equity interest in Generis Group, a Toronto-based provider of B2B executive summits. Terms of the acquisition were not disclosed.
Pact Apparel Appoints Michelle Poole as Brand President
The Boulder, CO-based sustainable apparel brand, has appointed Michelle Poole, the former president of Crocs, as brand president. Pact is led by CEO Brendan Synnott who acquired the brand in 2011.
Report: Gildan Activewear in Talks to Acquire Hanesbrands
Gildan Activewear, headquartered in Montreal, Canada, is close to acquiring Hanesbrands in a potential $5 billion deal that includes debt. A deal could be agreed by the end of the week, but sources cautioned that an acquisition may not be finalized.
