Cycle Force, in cooperation with the U.S. Consumer Product Safety Commission, recalled certain Ventura Adult Bike Helmets. The recalled helmets do not comply with the positional stability requirement of the CPSC.
Author: SGB Media
LL Bean’s New HQ Grand Opening Set For June 15
L.L.Bean will celebrate the completion of its new 390,000-square-foot corporate headquarters in Freeport, ME on June 15, marking the close to an eight-year, $110 million campus redevelopment in the company’s longtime hometown.
Walmart Rides Strong Q1 Comp Sales Growth To 13 Percent Adjusted EPS Gain
Walmart, Inc. reported first-quarter consolidated revenue of $152.3 billion, up 7.6 percent, or 7.7 percent in constant-currency. Walmart U.S. posted 7.4 percent comp store sales growth. Adjusted EPS was up 13 percent to $1.47 a share.
Canada Goose Sales Expand 31 Percent In Fiscal Fourth Quarter
Canada Goose Holdings, Inc. reported a strong profit earnings uptick in the fiscal fourth quarter that ended April 2 as double-digit growth in Canada, EMEA and Asia Pacific offset a slight decline in U.S. sales that jumped 31 percent. Sales and EPS exceeded company guidance, and revenues are forecasted to climb 19 percent on average for the current fiscal year.
Allbirds Releases First Golf Shoe
Allbirds released a golf shoe, the Golf Dasher, built with sustainable materials and the fit of the brand’s Dasher silhouette, with added traction and water-repellent materials. “A golf shoe has been a top customer request for a long time. Consumers told us time and time again that the selection of comfortable, sustainable golf shoes just […]
Hyosung’s FDC Forecasts Spring/Summer 2025 Textile Trends
Delivering innovation and sustainable textile solutions, Hyosung’s Fashion Design Center (FDC), an interactive fashion studio that spans the U.S., Europe, and Asia, surveyed progressive brands and retailers researching consumer insights to create its Spring/Summer 2025 Textile Trend Report. The report forecasts the fabrics major apparel brands will use in their collections next year. FDC’s overarching textile […]
Pou Chen To Lay Off 5,700 Workers In Vietnam
Taiwan’s Pou Chen, the world’s largest maker of branded athletic footwear, has announced layoffs for 5,744 workers at factories in Vietnam, according to multiple reports.
Boot Barn’s Q4 Same-Store Sales Drop 5.5 Percent
Boot Barn Holdings, Inc. reported sales fell steeper than expected in the fiscal fourth quarter ended April 1, but earnings rose slightly and topped guidance.
Costa Sunglasses Gears Up For 40th Anniversary
Born on the water in 1983, Costa Sunglasses is celebrating 40 years of making sunglasses and protecting the seas worldwide. “With 40 years of adventures, Costa’s history books are filled with unbelievable moments worth celebrating. We’ve come a long way since 1983—bearing witness to 40 years of product innovation, working just as hard to protect the […]
Stance Names New President
Stance, the sock brand, named David Tichiaz as president. He had been at Vans for nearly 17 years, with his last role as VP and general manager of the Americas.
EXEC: Yonex Fiscal Year Sales Jump On Yen Depreciation, Strong Post-COVID Demand
Yonex Co., Ltd. reported fiscal 2023 global net sales increased 43.7 percent year-over-year to ¥107.0 billion ($806.0 million), reflecting strong demand in all regions and despite concerns over inflation, economic slowdown and geopolitical risks. Earnings per share increased 27.1 percent to 84.05 yen for fiscal 2023.
Wahoo Fitness Wipes Debt Line Clean With Recap
Wahoo Fitness reported it had eliminated all its debt with a recapitalization led by founder Chip Hawkins. Terms were not disclosed.
Golftec Relocates San Diego Center
Golftec relocated its instruction and club fitting center in San Diego.
EoS Fitness Opens Latest Florida Location In Tampa Bay Market
The latest EoS Fitness location will open in Lutz, FL, expanding the company’s footprint in the Tampa Bay area, where EoS has five of its eight Florida locations open.
KÜHL Opens First Jackson Hole Store Location
KÜHL is opening its first retail store in Jackson Hole, WY on Friday, May 19. Located in the heart of town, this marks the launch of KÜHL’s fourth retail location in the U.S.
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