SGB Apparel

EXEC: Yonex Sees Racquet Sports Boost from Summer Olympics

Japan-based racquet sports and golf equipment manufacturer Yonex Company, Ltd. reported revenues expanded 18.8 percent in its fiscal year ended March 31 to ¥138.2 billion ($936 mm). Sales for Badminton and Tennis increased in Japan and overseas due to strong demand.

Saks Hires Financial Advisors

Saks Global Enterprises has hired PJT Partners, Kirkland & Ellis and Bank of America Corp. to help the retailer explore ways to raise new financing alongside the asset-based loan it is pursuing.

Rural King Opens New Warren, Ohio Store

With a legacy spanning over six decades, the new family-owned store offers mobile and self-checkouts, and carries outdoor brands including Carhartt, Blackstone, Big Green Egg, Ariat, Under Armour, Black Rifle Coffee Company, Walnut Creek Foods, and Henry Rifles, focusing on serving diverse customer needs.

Import Cargo Levels Expected to See First Year-Over-Year Drop Since 2023

Import cargo at the nation’s major container ports is expected to see its first year-over-year decline in over a year and a half this month as the effect of tariffs imposed by the administration on the supply chain increases, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.