The co-op reported that 2024 net sales declined ~6.2 percent to $3.53 billion, compared to $3.76 billion in 2023, while investing over $282 million back into the co-op community and ending the year in a cash flow neutral position.
Category: Apparel
EXEC: SportChek’s Q1 Same-Store Sales Expand 6.3 Percent at CTC
Canadian Tire Corp. reported SportChek delivered a third consecutive quarter of comparable sales growth, up 6.3 percent, driven by strong sales across corporate and franchise stores. Skiing, snowboards, hockey, and outerwear were the top-performing categories in the quarter.
EXEC: Puma SE Profit Plunges on Flat Q1 Sales Growth; Confirms 500 Position Cuts
The company reported flat year-over-year sales growth in the first quarter on a currency-adjusted basis and a 1.3 percent decline in reported terms, as Wholesale fell behind and DTC sales posted double-digit growth.
HanesBrands Reiterates FY Outlook as Q1 Tops Targets
After reporting better-than-expected first-quarter results, HanesBrands Inc. reiterated its full-year 2025 guidance, which includes its expected impacts from U.S. tariffs. U.S. sales decreased 1 percent while international sales slid 2 percent but gained 4 percent on a constant-currency basis
Coleman, Marmot Parent’s Debt Ratings Downgraded By S&P
S&P Global Ratings lowered the debt ratings of Newell Brands Inc., parent of Coleman, Marmot, Ex Officio, Stearns, Bubba and Contigo and other consumer brands, due to the company’s exposure to weakening discretionary demand for its products and incremental costs from announced tariffs.
Costco April Comps Grow 6.7 Percent x-Gas; E-Commerce Up High Teens
Costco Wholesale Corporation reported net sales of $21.18 billion for April, the four weeks ending May 4, 2025, an increase of 7.0 percent from $19.80 billion in 2024.
Fleet Feet Chicago Opens Ninth Chicagoland Store
Fleet Feet Chicago opened its first Chicagoland store in 1996. The Algonquin store marks the ninth Fleet Feet Chicago network store, owned and operated by Dave and Lisa Zimmer.
Rossignol Group Names Adam Ketcheson Chief Commercial Officer
The addition of Ketcheson, effective June 2, is expected to accelerate Rossignol’s international omni-channel deployment and contribute to its multi-season, multi-sport strategy.
NRF Chief Economist: Top-Line GDP Figures Overstate the Weakness in the Economy
The NRF reported private final sales to domestic purchasers, a measurement that focuses on consumer and business spending, were up 3.1 percent following a 2.2 percent gain in the prior quarter, suggesting a relatively steady pace of growth.
EXEC: Under Armour’s and Mizuno’s So. America Partner Posts High-Teens Q1 Growth
The company, which manages the Under Armour, Mizuno and Olympikus brands in South America, said in its Q1 report that the e-commerce channel continued its strong growth trajectory during the first quarter, posting a 53.8 percent y/y increase for the quarter.
Revolve Group’s Earnings Jump On Double-Digit Sales Gains
The online fashion retailer reported a sharp uptick in adjusted operating earnings in the first quarter due to a 10 percent increase in sales and better cost controls.
Unrivaled Sports Reports $120M Investment Led by Dick’s Sporting Goods
The youth sports platform, led by former Nike COO and CFO Andy Campion, received a $120 million investment led by Dick’s Sporting Goods. Other participants included Miller Sports + Entertainment, Dynasty Equity, LionTree, and The Chernin Group.
EXEC: Helly Hansen Off to Promising Re-Start with New Parent Kontoor Brands
Kontoor Brands Inc. estimated the soon-to-be-acquired Helly Hansen outdoor and workwear brand will deliver double-digit growth in the second half of the year and sounded very positive on the opportunities for Helly, particularly in the U.S. market.
Branwyn Appoints Deanne Buck CEO; Sarah Cumming Chief Financial & Ops Officer
Buck succeeds outgoing CEO Jeff Shafer as he and Co-Founder Lauren Shafer transition into advisory roles. Joining Buck on the leadership team is Sarah Cumming, who has been appointed chief financial and operations officer.
S&S Activewear Adds Marmot and Vineyard Vines to Customizable Brand Portfolio
Marmot bolsters the S&S Activewear’s presence in the performance and outdoor category with a line of technical outerwear and gear built for serious conditions.
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