SGB Update

Import Cargo Levels Expected to Fall Over 5 Percent from 2024 Amid Tariffs

With new tariffs putting pressure on international trade, import cargo volume at the nation’s major container ports is tentatively expected to end 2025 5.6 percent below 2024’s volume, according to the Global Port Tracker report release by the National Retail Federation and Hackett Associates.

Fiocchi of America Officially Joins The Kinetic Group’s Ammunition’s Brand Lineup

Fiocchi of America has officially joind The Kinetic Group’s lineup of ammunition brands. Fiocchi — exclusive rights to Baschieri & Pellagri (B&P) in the U.S. — will join CCI, Federal, Hevi-Shot, Remington, and Speer as part of TKG and consolidate its operation outside of Springfield, MO. The company will also move its Hevi-Shot operation to Ozark, MO this summer.

Delta Waterfowl Appoints Senior Leader as VP of Marketing and Communications

The conservation group working to produce ducks and secure the future of waterfowl hunting in North America, hired Mark Sidders a seasoned marketing professional with over 25 years of experience in the outdoor industry and a lifelong waterfowl hunter, as vice president of Marketing and Communications.

Life Time Opens Ninth Atlanta-Area Fitness Center

Life Time Perimeter, a 79,000-square-foot, three-story member club, is situated between Sandy Springs’ King and Queen towers in the former Concourse Athletic Club, along Interstate 285 and Georgia 400.

Recall: Fieldsheer Heated Socks

About 45,000 pairs of Fieldsheer Heated Socks are being recalled. According to a media release from the U.S. Consumer Product Safety Commission, the socks can cause pain and discomfort, resulting in burns and blisters when worn during high-intensity activities.

Xponential Fitness Appoints New CEO; Swings to Q2 Profit

A slight downward trend in revenue in Q2 was reportedly driven by lower equipment revenue resulting from a decline in installations, as well as a decrease in merchandise sales, partially offset by higher franchise and franchise marketing fund revenue.

Fox Factory’s Q2 Sales Top Expectations

Fox Factory Holding Corp., the parent of Fox, Marucci, Method Race and Wheels, reported second-quarter earnings on an adjusted basis improved 4.4 percent as a 7.6 percent revenue gain offset margin pressures due to product mix changes and the impact of tariffs. Results in its cycling component business were helped by the stabilization in bike sales.

Allbirds Cuts Revenue Outlook for the Year Despite Q2 Exceeding Plan

Allbirds reported a loss in the second quarter on a 23 percent sales drop tied to planned store closures and international distributor transitions. Results were above guidance but the footwear maker still reduced its revenue guidance for the year while maintaining its earnings guidance.

Leatt Corp. Sees 61 Percent Surge In Q2 Revenues

The second quarter of 2025 was a strong quarter for Leatt, marked by robust revenue growth and profitability. Total global revenues for the second quarter increased by $6.10 million to $16.18 million, a 61 percent increase over the second quarter of 2024

HanesBrands Lifts Outlook On Robust Margin Improvement In Q2

HanesBrands Inc. raised its outlook as its transformation efforts is driving higher margins and operating efficiencies. On an organic basis, sales for the parent of Hanes, Maidenform, Bali and and Australia’s Bonds innerwear brand were flat.

Gildan Partners With S&S Activewear on Distribution Deals for Imprintables Channel

Gildan has granted S&S Activewear exclusive wholesale distribution rights to its American Apparel brand for the U.S. imprintables market. It also reached an agreement for S&S to become the exclusive wholesale distributor of its brand portfolio, which includes Gildan, Comfort Colors, American Apparel, and Champion, in the Canadian imprintables market.