EXEC: Under Armour Posts Best South America Quarter with Brazil Partner Vulcabras
The Brazil-based Valcabras S.A. manages, manufactures and distributes footwear, apparel and accessories in South America for the Under Armour and Mizuno brands, and owns and manages the the Olympikus brand. The company said Under Armour posted its best quarter since they partnered in 2018.
EXEC: OIA President Kent Ebersole Talks About Community
Kent Ebersole, president of the Outdoor Industry Association (OIA), spoke with SGB Executive about the organization’s mission-driven focus, the challenges facing the outdoor industry beyond tariffs and revitalizing a national industry tradeshow.
EXEC: DOJ Reviewing Eligibility of $5.4M in PPP Loans at New Age Group’s U.S. Subsidiary
The news came as the parent of Ahead, Craft, Cutter & Buck and Tenson reported its Sports & Leisure segment’s revenues amounted 5.1 percent y/y to ~$91 million in Q2 2025. Craft was said to be the primary driver of global sales growth, while Tenson also showed comparatively strong growth.
EXEC: Birkenstock Posts Solid DD Growth in Fiscal Q3 Period; EPS Jumps 75 Percent
The company reported fiscal third quarter revenue of €635 million, a 12 percent increase year-over-year on a reported basis and up 16 percent in constant-currency terms. Closed-toe shoes continue to outpace the growth of sandals, contributing to the higher ASP.
EXEC: Ombraz Sunglass Brand Exits Asia; Now 100-Percent Italy Sourced, Produced and Shipped
The company is reporting that it has relocated 100-percent of the manufacturing of its armless sunglasses from Asia to a family-owned workshop in Northern Italy, five miles from its Italian Zeiss lens facility.
EXEC: Giant’s DD Monthly Revenue Decline Trend Worsens Further in July 2025
The company may be able to take some solace in the fact the July 2025 cycled against a 16.6 percent increase in revenue in the July 2024 period, the first month this year that had to anniversary against a prior-year increase.
EXEC: Gildan Eyes Opportunity to Turn Hanes into an Activewear Powerhouse
Glenn Chamandy, Gildan Activewear’s president and CEO, said Gildan’s proposed acquisition of HanesBrands promises to offer at least $200 million in cost synergies over the next three years, but he said the biggest growth opportunity is expanding the 125-year-old Hanes brand in the activewear space, a category where Gildan excels.
EXEC: Asics Crushes H1 Results Across All Regions; U.S. Q2 Wholesale Jumps 40 Percent
Asics Corporation is feeling good about 2025 as the company raised its full year guidance and implemented an interim dividend payout based on net sales for the six months period ended June 30 exceeding ¥400.0 billion for the first time.
EXEC: 361 Degrees H1 Gains Boosted by E-commerce
China’s 361 Degrees reported sales in the first half reached RMB5.7 billion ($793 mm), representing a year-on-year increase of 11.0 percent, boosted by 45 percent gain in e-commerce sales.
EXEC: Asics Corp. Raises 2025 Forecast, Implements Interim Dividend Payout
Full year 2025 revenues are now expected to reach ¥800 billion, up from the initial forecast of ¥780 billion provided on February 14, 2025. The company will further increase the annual dividend forecast to ¥28.00 per share.
EXEC: On Holding C-Suite See Lifestyle Appeal, Younger Consumers Propelling Growth
Martin Hoffman, who now holds the CEO chair on a solo basis, said On is raising its outlook for 2025 due to the strong Q2 performance , continued momentum in early Q3, a strong order book for the fall/winter season and continued efficiencies.
EXEC: UK’s SportsShoes.com Delivers 4 Percent Annual Growth
The UK-based company reported sales rose 4 percent to a record £93.3 million ($126 mm) in its fiscal year ended February 28 while EBITDA advanced 13.3 percent year-on-year to £6 million.
EXEC: Nike Brand Owner in Brazil Aligns with Beaverton’s Renewed Focus on Wholesale
Nike’s physical stores, including both full price and NVS (Nike Value Stores) in Brazil expanded 8.2 percent year-over-year (y/y), with same-store sales up 10.7 percent y/y in the second quarter. Nike’s digital channel recorded a 5.1 percent y/y increase. Wholesale revenue was up 4.4 percent y/y.
EXEC: Fanatics Loses Appeal to Sell Branded NFL, NBA, MLB, and NHL Apparel in Australia
No Fanatics-branded jerseys or related apparel can now be offered for sale or sold in Australia. Items shown on the Fanatics, LLC website will also not be available for sale in Australia under this judgment.
EXEC: Salomon Turns Heads and Makes Friends with New Concept Store on Shanghai’s Anfu Road
The company said the new location integrates Salomon’s French heritage and pioneering retail space with the local community, marking an upgrade of its retail experience in China. One retail advisor in attendance called the positioning and execution “a masterclass in brand evolution.”
