EXEC: Rip Curl and Oboz Parent Saw Both Brands Hurt by Retailer Caution in H1
EXEC: Xtep Gives Nod to Saucony Profits, Provides Details on Wolverine IP Deal
EXEC: L.L.Bean Approves 9 Percent Bonus for 5,600 Employees Despite a Down Year
EXEC: Zumiez to Stop Store Expansion to Focus on Profitable Growth, Brand Expansion
EXEC: Dick’s Sporting Goods on Path for Biggest Expansion Since 2017
SGB Update
Report: Retail Industry Continues to be Largest Private-Sector Employer
The retail industry supported 55 million full- and part-time jobs in 2022, accounting for 26 percent of total U.S. employment, according to a new report released by the NRF.
Motocaddy Strengthens U.S. Sales Team Following Record Growth
The new joint Vice Presidents of Sales, Mike Samoles and Andy Warren, have over 50 years of golf industry experience between them and join the brand following a reported record growth of 42 percent last year.
American Apparel Expands Reach in Australian and New Zealand Markets
American Apparel, owned by Gildan Activewear, is expanding its reach in the Australian and New Zealand markets, releasing its 2024 product line through a dedicated e-commerce website.
SGB Executive
EXEC: Rip Curl and Oboz Parent Saw Both Brands Hurt by Retailer Caution in H1
KMD Brands, Inc., the New Zealand-based parent of the Rip Curl, Oboz and Kathmandu brands, reported that total consolidated Group revenue in the first half of fiscal 2024 decreased 14.5 percent year-over-year (YoY).
EXEC: Xtep Gives Nod to Saucony Profits, Provides Details on Wolverine IP Deal
The retail partner for the Saucony, Merrell, K·Swiss, and Palladium brands, and now a 40 percent owner of the Saucony IP in China, said 2023 was a landmark year as it celebrated its 15th Anniversary of listing on the Hong Kong Stock Exchange.
EXEC: Leatt Corporation Investing in New Segments as Green Shoots Start to Appear
Although CEO Sean MacDonald admitted right up front on a conference call that 2023 was a challenging year for the cycling and motorcycle industries, he also noted that Q4 represented the first signs of the green shoots of a recovery in certain areas.