SGB Apparel

Yue Yuen Manufacturing Business Falls 21.3 Percent In March

Yue Yuen Industrial (Holdings) Limited, the subsidiary of Pou Chen Corporation that manufactures a large percentage of global athletic and outdoor footwear, reported that its net consolidated operating revenue for March was $696.5 million, a 10.0 percent decline versus the year-ago month.

Pou Sheng Retail Sales Surge 29.8 Percent In March

Pou Sheng International (Holdings) Limited, the China-based retail subsidiary of Yue Yuen Industrial (Holdings) Limited, reported that net consolidated operating revenue for March was RMB 1.73 billion, up 29.8 percent from RMB 1.34 billion in the year-ago comparable month.

Xtep International Sees 20 Percent Retail Sales Growth In First Quarter

The Board of Directors of Xtep International Holdings Limited, which operates retail stores in China for K-Swiss, Palladium, Merrell, and Saucony, in addition to Xtep brand stores, reported that retail sell-through growth in the first quarter, including brick & mortar and online channels, increased approximately 20 percent versus the year-ago comparable period.

Golf Rounds Played Dip In February

Rounds of golf played in February 2023 were down about 3 percent on a national level year-over-year, impacted by storm-related weather activity in California, according to Golf Datatech.

Authentic Brands Group Signs Agreement To Acquire Quicksilver, Billabong, DC Parent

After months of speculation in the active lifestyle market about a pending deal in the beach/skate lifestyle space, Authentic Brands Group reported it signed an agreement to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. On March 31, Authentic said it entered a period of exclusivity and made a binding offer to purchase Boardriders.

Amazon To Charge Fee For Returns Made At UPS

According to a published report in The Information, Amazon will charge a fee for customer returns made at UPS stores if return options at Whole Foods, Kohl’s or Amazon Fresh locations are closer or just as far as a UPS store return location.