China-based 361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded products increased approximately 10 percent year-over-year for the second quarter of 2025, which ended June 30, moderating slightly after expanding in the range of 10 percent to 15 percent in the first quarter.
Category: Sports/Fitness

Play it Again Parent Sees Modest Earnings Growth In Q2
Net income for the quarter reached $10.6 million, or $2.89 per share, compared to net income of $10.43 million, or $2.85, in the year-ago period. For the six months, net income was $20.6 million, or $5.60, compared to net income of $19.25 million, or $5.26, for the same period last year.

Vuori to Open First Store in Hawaii
Vuori plans to open its first store in Hawaii at Ala Moana Center in Honolulu. The company ended 2024 with just over 80 stores in the U.S. and five globally.

Lululemon Appoints SVP of Sustainability
Nike’s former chief sustainability officer Noel Kinder was hired as LULU’s senior vice president of sustainability, reporting to Ted Dagnese, the company’s chief supply chain officer. He replaced Esther Speck who served as senior vice president of Sustainable Business and Impact at Lululemon for almost ten years.

EXEC: Fila Brand Delivers MSD China Retail Growth in Q2 for Anta Sports
Retail sales, in retail value, for the Fila brand in China increased in mid-single digits year-over-year in the second quarter, a moderation from the high-single-digit trend in the first quarter.

Puma Renews Partnership with Manchester City
Puma’s 10-year contract extension on its deal with Manchester City will reportedly be worthup to £1 billion (US$1.3bn), in the form of £100 million per year which is a marked increase from its previous agreement of £65 million per year, signed in 2019.

EXEC: Li Ning Posts LSD Growth in China Retail Sales in Second Quarter
The Offline channel, which includes retail and wholesale, registered a low-single-digit increase. Retail (direct operation) declined by mid-single digits, while Wholesale (franchised distributors) increased by low-single digits. The E-commerce channel registered mid-single-digit growth.

Gared Performance Sports Continues Growth in Noblesville with New HQ
The City of Noblesville announced that Gared Performance Sports Systems will relocate its headquarters to the Deer Creek Business Park on the city’s east side from its current location in Noblesville. The facility is expected to open in August 2026.

Stahls Appoints EMEA General Manager
Martin Borley, most recently served as executive managing director for Stahls’ UK and Europe. He was promoted to chief executive officer of Stahls’ EMEA, reporting to Carleen Gray, CEO of GroupeStahl, Inc.

Running USA Executive Director Departs for Leadership Role at USA Track & Field
Jay Holder will support Running USA’s transition efforts until a new executive director is named. Kathleen Titus, president of the Board of Directors, will assume the role of interim executive director role.

Nike and Special Olympics Ink Three-Year Global Partnership
Special Olympics Unified Champion Schools (UCS) will facilitate the agreement in four communities: Oregon, WA; Berlin, Germany; Johannesburg, South Africa; and Tokyo.

Varsity Brands’ Debt Ratings Upgraded by S&P
S&P Global Ratings stated the debt ratings upgrade for Varsity Brands, the parent of BSN Sports and Varsity Spirit, reflects “solid demand in both segments, management’s effective execution in expanding the businesses, and the wind-down of significant legal and restructuring cash expenses.”

Pure Hockey Opens Third Store in Ohio
The retail store in New Albany, OH, a suburb of Columbus, is the company’s third in the state and 84th overall. A grand opening will be held later this year.

St. John’s University Switches to Adidas from Nike
Adidas will begin outfitting the school’s 300-plus student athletes in the 2025/26 academic year across 17 varsity athletic programs. St. John’s University Red Storm becomes the only Big East Conference team to be outfitted by Adidas.

EXEC: JD Sports Fashion Reports Exit of Non-Executive Board Director
Helen Ashton, a non-executive director of the company’s Board of Directors and chair of the Board’s Audit and Risk Committee, has reportedly notified the company of her intention to step down to focus on other commitments.