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Category: Apparel

Rip Curl Opens Third Retail Store in Spain’s Basque Country Region

April 11, 2025 SGB Update

The new Bilboa store is the brand’s third in Spain, joining stores in Tarifa and Barcelona. Rip Curl also has an outlet store open to consumers in Viladecans. The store will be primarily focused on apparel.

EXEC: Intersport International Will See Prodigal Son Tom Foley Return as CEO in July 2025

April 11, 2025 SGB Executive

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.

EXEC: Where Does Jack Wolfskin Fit in the Anta Sports Outdoor Brand Portfolio?

April 11, 2025 SGB Executive

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

April 11, 2025 SGB Executive

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.

Rag & Bone Launches Australian Owned E-Commerce Platform

April 10, 2025 SGB Update

Rag & Bone has launched an Australian owned e-commerce platform, rag-bone.com.au, with Signal Brands Australia.

EXEC: Yue Yuen’s Pou Sheng China Retail Unit Declines Again in March

April 10, 2025 SGB Executive

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.

G-III Apparel and Aldo Ink Footwear License Deal for G.H.Bass Brand

April 10, 2025 SGB Update

Under the agreement, Aldo Product Services will design, manufacture, distribute, market and sell G.H.Bass footwear, bags and small leather goods.

EXEC: Asia FW Factory Growth Moderates in March; Feng Tay Dips

April 10, 2025 SGB Executive

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.

The Buckle Posts Larger Comp Sales Increase for March

April 10, 2025 SGB Update

Comparable store net sales for the 5-week period ended April 5 increased 3.7 percent year-over-year. The two-month YTD period comped up 1.6 percent year-over-year.

Piper Sandler Survey Reveals Nike, Lululemon and Stanley Losing Teen Mindshare

April 10, 2025 SGB Update

The latest Piper Sandler Taking Stock With Teens survey for spring 2025 found Ugg has moved up the most (two spots with 4-points in share gains year-over-year), followed by On Running (two spots with 1-point in share gains year-over-year).

EXEC: Callaway to Sell Jack Wolfskin to Amer Sports’ Chinese Parent

April 10, 2025 SGB Executive

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.

NRF Expected Cargo Traffic to Drop Dramatically Before Latest Tariff Moves

April 10, 2025 SGB Update

The latest Global Port Tracker report released on April 9 by the NRF and Hackett Associates suggests cargo traffic will drop dramatically beginning next month; however, that outlook might change given the changes in the tariff picture.

Costco Sees March Comps Grow 9.1 Percent x-Gas; E-Commerce Up High Teens

April 10, 2025 SGB Update

Costco reported net sales of $25.5 billion for the retail month of March, the five weeks ended April 6, 2025, an increase of 8.6 percent from $23.5 billion in fiscal March last year.

EXEC: Trump Admin Hits “Pause” on Most Higher Tariffs; Bumps China to 125 Percent

April 9, 2025 SGB Executive

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.

Fleet Feet Franchisee to Open Third North Carolina Store in Jacksonville

April 9, 2025 SGB Update

Michelle Fogle opened her first Fleet Feet store at the Forum Shopping Center in Wilmington, NC 10 years ago, followed by a second Wilmington location two years ago.

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