SGB Apparel

RYU Apparel Q1 Sales Climb 75 Percent

 RYU Apparel, Inc. reported revenues reached Canadian C$347,938 (U.S. C$270,647) in the first quarter ending March 31, up from C$198,825 during the same period last year.

REI Domestic Trip Offerings Experience Robust Growth

REI Co-op announced that its adventure trips have expanded to include domestic multiday excursions, guided day tours, rentals, and adventure center locations, and its experience offerings grew more than 60 percent in the last 12 months.

Culture Kings U.S. Appoints President

A.K.A. Brands Holding Corp. announced the appointment of Jonathan Yuska as president of its Culture Kings’ U.S. division, reporting to Simon Beard, CEO and co-founder, to its expansion in the United States.

Rising Racquet Prices Help Tennis Sustain Momentum

Total wholesale racquet unit sales into the US market* grew by over 11 percent in the first three months of the year compared to Q1 2021, according to a report from Sports Marketing Surveys. This marks the largest Q1 total since 2010.

Aqualung Group Appoints Chairman

Aqualung Group, the manufacturer of dive and water sports gear, said Bruno Cercley will take over as chairman of its supervisory board, effective July 1. Cercley guided the turnaround of Rossignol as its CEO from 2008 until his retirement in 2021.

Stitch Fix To Layoff Employees

Stitch Fix said it plans to reduce its workforce by approximately 15 percent of salaried positions while reporting an 8 percent decline in third quarter ended April 30.

Adobe Sees Inflationary Pricing Online Slowing

Adobe announced that according to its Adobe Digital Price Index (DPI), online prices in May increased 2 percent year-over-year (YoY) — down from 2.9 percent YoY in April and the record 3.6 percent YoY increase in March, while decreasing 0.7 percent month-over-month (MoM).