With new tariffs putting pressure on international trade, import cargo volume at the nation’s major container ports is tentatively expected to end 2025 5.6 percent below 2024’s volume, according to the Global Port Tracker report release by the National Retail Federation and Hackett Associates.
Category: Outdoor
EXEC: Wolverine Worldwide CEO Talks Merrell Brand Modernizing the Trail, Q2 Wins
In trail running, CEO Chris Hufnagel said the Agility Peak 5 franchise was up double digits at U.S. retail, and the brand launched the new ProMorph, an all-terrain hybrid runner. He said Merrell’s continued progress in modernizing the trail helped strengthen its ability to advance in lifestyle as well.
EXEC: Shimano North America Agrees to Settlement in 2023 Crank Set Class Action Suit
Plaintiffs filed the lawsuit in the U.S. District Court, claiming damages from separation issues with some bonded 11-speed Hollowtech II road cranksets manufactured before 2019.
EXEC: Yeti Ups FY GM and Profit Guide; C-Suite Talk Drag from U.S. Drinkware Challenges
Yeti now expects Adjusted earnings per diluted share of between $2.34 and $2.48 [for the year] as compared to $1.96 to $2.02 in the company’s prior outlook. Full year sales to be flat to up 2 percent, compared to fiscal 2024 Adjusted net sales, due to weakness in the U.S. Drinkware business.
EXEC: Havaianas Parent Sees Profits Soar on 8 Percent Sales Growth in Q2
Brazil-based Alpargatas reported sales grew 8.3 percent in the second quarter to Brazil Real $1.1 billion ($203 mm), boosted by strong double-digit gains in Europe and the U.S. and an improved channel and product mix in Brazil. Earnings improved significantly, with the year-ago quarter impacted by inventory write-offs.
Recall: Fieldsheer Heated Socks
About 45,000 pairs of Fieldsheer Heated Socks are being recalled. According to a media release from the U.S. Consumer Product Safety Commission, the socks can cause pain and discomfort, resulting in burns and blisters when worn during high-intensity activities.
Fox Factory’s Q2 Sales Top Expectations
Fox Factory Holding Corp., the parent of Fox, Marucci, Method Race and Wheels, reported second-quarter earnings on an adjusted basis improved 4.4 percent as a 7.6 percent revenue gain offset margin pressures due to product mix changes and the impact of tariffs. Results in its cycling component business were helped by the stabilization in bike sales.
Allbirds Cuts Revenue Outlook for the Year Despite Q2 Exceeding Plan
Allbirds reported a loss in the second quarter on a 23 percent sales drop tied to planned store closures and international distributor transitions. Results were above guidance but the footwear maker still reduced its revenue guidance for the year while maintaining its earnings guidance.
Leatt Corp. Sees 61 Percent Surge In Q2 Revenues
The second quarter of 2025 was a strong quarter for Leatt, marked by robust revenue growth and profitability. Total global revenues for the second quarter increased by $6.10 million to $16.18 million, a 61 percent increase over the second quarter of 2024
EXEC: Canada’s SportChek Sees Q2 Comps Climb 4 Percent
Canadian Tire reported its SportChek segment delivered its fourth consecutive quarter of comparable sales growth, up 3.9 percent, driven by sales of sandals and athletic footwear as well as hardgoods categories, such as golf. Hockey, and other team sports, as well as athletic clothing also contributed to the gains.
EXEC: Crocs Inc. CEO Sees Consumer Shift to Athletic a Major Headwind; Cuts Loom
CEO Andrew Rees focused on key headwinds ahead, notably a consumer shift to athletic footwear and the company’s pull back in discounting in the U.S. market. That pull back is also seen as a tailwind for gross margin, and ultimately EBIT.
EXEC: New Helly Hansen Parent Lifts Outlook on Strong Q2
Kontoor Brands, Inc., which completed its acquisition of Helly Hansen in June, has raised its outlook for the year due to better-than-expected results in the second quarter and tariff mitigation efforts. The second quarter was boosted by better-than-expected revenue growth from its Wrangler denim businesses as well as a stronger-than-expected contribution from Helly Hansen.
Traeger to Lay Off Staff, Close Facility as Q2 Sales Fall Double Digits
Traeger, Inc. said it would launch an extensive cost-cutting program involving layoffs and the closure of its Meater office in Leicester, UK, as Q2 results missed plan due to the impact of tariffs. Sales fell 13.6 percent, well short of analyst estimates.
NSGA Appoints John Davenport of Play It Again Sports Parent to Association Board
John Davenport is the manager of buying operations for Winmark and is a 36-year veteran of the resale and sporting goods industries. He joined Winmark in 1989 and has held various buying and operational roles that have contributed to the growth and evolution of Winmark’s resale brands, including Play It Again Sports.
Report: Dick’s SG-Foot Locker Deal May Be Under Additional Anti-Trust Scrutiny
Senator Elizabeth Warren (D-MA) is asking the Federal Trade Commission and the Department of Justice to “closely scrutinize” Dick’s Sporting Goods’ proposed acquisition of Foot Locker, Inc. and “block the deal” if the merger is found to violate antitrust laws.
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