Tom Foley most recently served as CEO at Go Sport where led a chain of stores and a network of international franchises. Foley’s background also includes a stint as general manager for Intersport UK and Ireland, a role he served in for six years until 2017.
Author: SGB Executive

EXEC: Where Does Jack Wolfskin Fit in the Anta Sports Outdoor Brand Portfolio?
Anta has hinted about its plans for the Jack Wolfskin brand but won’t develop its positioning in a vacuum. The company has a very good partner, Matthew Jung, Jack Wolfskin’s global president and CEO, who started with the company in early 2022 as GM for China.

EXEC: Fila and Anta Brands Carry a HSD China Retail Growth Trend into First Quarter
Retail sales for the Fila brand in the 2025 first quarter in the China market again increased in the high-single digits year-over-year, consistent with the growth trend in the 2024 fourth quarter.

EXEC: Yue Yuen’s Pou Sheng China Retail Unit Declines Again in March
Yue Yuen’s Pou Sheng China retail business and the YY Sports retail brand posted another down month in March 2025 but the decline did moderate month-over-month from a deep decline in February.

EXEC: Asia FW Factory Growth Moderates in March; Feng Tay Dips
Yue Yuen’s manufacturing business, which boasts Adidas, Merrell, Asics, and many footwear brands as key customers, posted a 3.5 percent increase in March. Feng Tay, a major Nike supplier, returned to negative territory, dipping 1.7 percent year-over-year.

EXEC: Callaway to Sell Jack Wolfskin to Amer Sports’ Chinese Parent
Anta Sports Products, Ltd. is the largest shareholder of Arc’teryx, Wilson and Salomon parent Amer Sports and owns retail stores in China for the Anta brand, Fila, Descente, Kolon Sport, and Amer Sports.

EXEC: Trump Admin Hits “Pause” on Most Higher Tariffs; Bumps China to 125 Percent
U.S. President Donald Trump either reminded the markets that he authored “The Art of the Deal” or awoke Wednesday to the reality that the U.S. bond and stock markets were going to drag down his legacy. Either way, there is broad relief coming.

EXEC: JD Sports Revises Medium Term Plan as Sport Fashion Market Growth Slows
The parent company of the JD, Hibbett, Finish Line, DTLR and Shoe Palace retail brands in the U.S. now expects the sport fashion sector to grow at a slower rate over the medium term and is adapting its plans to capitalize on growth opportunities and the investments already made in infrastructure over the last two years.

EXEC: JD Sports Posts “Broadly Flat” FY 2025 Sales; Sees Comp Sales Lower in FY 2026
The parent of the JD, Hibbett, Finish Line, DTLR and Shoe Palace retail brands in the U.S. reported 5.8 percent organic revenue growth for the 2025 fiscal year ended February 1. Total revenue in fiscal 2026 is expected to grow due to the impact of the acquisitions the company made during fiscal 2025.

EXEC: Oiselle Partners with New Majority Owner; Company Now Women-Owned Again
Margo Cramer, who has primarily been involved in the healthcare and the public sector over her career, but also had experience with Commando and Nike earlier in her career, is the new majority owner.

EXEC: Trump Threatens to Push China Tariffs to 104 Percent Total
At issue was what Trump said was an effort to strike a trade deal with China that would be fair to both sides. China’s latest move on Friday to assess a 34 percent retaliatory tariff apparently lit the fuse as Trump threatened to add another 50 percent to the total tariff.

EXEC: Rip Curl and Oboz Owner First Vendor to Re-Direct Inventory Destined for U.S.
KMD Brands said that until its has more clarity on changes to consumer demand in the U.S., the Group will redirect some U.S. inventory to other key global markets, or hold inventory with existing international 3PL partners.

EXEC: Spanish Fitness Club GOfit Expanding to Italy with Technogym Partner
After success in Spain, where GOfit has been using the Technogym Ecosystem, the group will start collaborating exclusively with the Italy-based Technogym in that country, with its first gym opening in Turin at the end of summer 2025.

EXEC: Puma SE Names New CEO and Chair of Management Board; Freundt to Exit
Puma SE’s Supervisory Board has appointed Arthur Hoeld as chairman of the Management Board and CEO of Puma SE, effective July 1, 2025. Due to differing views on strategy execution, Arne Freundt, CEO of Puma SE, and the Supervisory Board have mutually agreed that he will step down as CEO on April 11, 2025.

EXEC: Decathlon’s 2024 Profit Falls as Sales Rise; New CEO Appointed
Javier López has been appointed as chief executive officer, replacing Barbara Martin Coppola who has served in the CEO role since March 2022.