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Author: SGB Executive

EXEC: Royal Robbins Posts Q1 Increase in U.S. Market for Parent Fenix Outdoor

May 6, 2025 SGB Executive

The parent of the Fjällräven, Royal Robbins, Devold, and Frilufts, generated sales of €157.7 million in the 2025 first quarter, compared to €163.8 million in the 2024 Q1 period, a decrease of 3.7 percent year-over-year.

EXEC: Brooks Running Boasts Strong Q1 Gains in Int’l Markets and U.S. Run Specialty

May 2, 2025 SGB Executive

The company did not provide growth trends or volume for U.S. national retailers although it did provide select market research data for the channel. That channel is heavily dominated by On and Hoka in the current environment. A push in lifestyle may give Brooks, like Asics last year, a solid re-positioning in the channel.

EXEC: Columbia Brand Set to Take Market Share Back in 2025; Q1 Exceeds Outlook

May 1, 2025 SGB Executive

First-quarter net sales and earnings exceeded guidance, driven by late-season demand for winter products and strong early-spring shipments. International markets, which contributed 40 percent of annual sales, performed well, with double-digit growth in the LAAP region and high-single-digit growth in EMEA.

EXEC: Daiwa Parent Warns on FY Sales Results; Will Exceed Profit Forecast

May 1, 2025 SGB Update

The company reported that outdoor, sports, and leisure industry markets plateaued due to the diversification of consumption into other leisure activities and the impact of rising prices amid the normalization of economic activity.

EXEC: Authentic Inks New ANZ Licensing Partner for Former Boardriders Brands

April 30, 2025 SGB Executive

Authentic said the move secures the future of over 200 branded retail stores, wholesale and e-commerce platforms, and ongoing success for Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper, Spyder, and Volcom.

EXEC: Gymshark to Restructure, Causing Hundreds of Position Cuts and Adds

April 30, 2025 SGB Executive

After reporting that earnings in its latest year had declined due to omnichannel investments and is facing “intense macro-economic volatility” in the marketplace, Gymshark reported it is restructuring the company.

EXEC: Big 5 CEO Expects Little Near-Term Tariff Impact Due to Early Q2 Receipts

April 29, 2025 SGB Executive

Second quarter-to-date sales are reportedly down in the high-single-digit range, in part reflecting an approximate negative 400 basis point impact from one less sales day in the period-to-date due to the Easter calendar shift.

EXEC: Rocky Brands CEO Sees Tariff-Based Price Increases Coming in June

April 29, 2025 SGB Executive

The Xtratuf brand continues its recent momentum and delivered another exceptional quarter with double-digit growth in Q1, with the most popular new spring styles being the women’s duck camo and ivory colored ankle deck boots.

EXEC: Nordic SG Retailer XXL Returns to Growth in Q1 Despite Weather Issues

April 29, 2025 SGB Executive

The general availability of products improved in the quarter, said to be driven by increased quantities of products on lower price points, especially within Private Label. The inventory was stable in value at quarter-end.

EXEC: Sebago Parent BasicNet Sees Slight Revenue Decline in Q1

April 29, 2025 SGB Executive

The Turin, Italy-based parent of the Kappa, Robe di Kappa, K-Way, Superga, Briko Jesus Jeans, Sabelt, and Sebago brands reported Q1 consolidated revenues were €98.3 million, down 3.3 percent from €101.6 million a year ago.

EXEC: Li Ning Posts Low-Single-Digit Retail Sales Gain in First Quarter

April 29, 2025 SGB Executive

Li Ning Company, Ltd. reported that retail sell-through for the first quarter for Li-Ning POS, excluding Li-Ning Young, increased in the low-single digits year over year.

EXEC: Thule Group’s Organic Sales Dip in Q1; Lays Out More U.S. Market Changes

April 29, 2025 SGB Executive

Thule Group CEO Mattias Ankarberg announced that Thule is implementing price increases in North America to offset cost increases from the newly imposed tariffs, even though the company has two of its own factories in the U.S.

EXEC: William Blair Tackles Tariff Realties in Latest Management Survey

April 28, 2025 SGB Executive

Blair said that for now, the best solution seems to be a well-diversified supply chain across multiple jurisdictions, potentially with built-in redundancies to allow for nimbleness.

Nike, Inc. Sued Over NFT Investor Losses Incurred After Closure of RTFKT Unit

April 28, 2025 SGB Executive

The company is now being sued by purchasers of NFTs (non-funglible tokens) that originated with Nike’s December 2021 acquisition of the RTFKT, a virtual sneaker design company and studio for NFTs.

EXEC: Woom Boasts 40 Percent Premium Bike Sales Growth in Q1

April 28, 2025 SGB Executive

Kasper Rørsted, the former Adidas CEO and chair of the Board at Woom, is now helming a growth company boasting double-digit growth in established countries and 50 percent growth in the Nordic countries, the UK and the Benelux.

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