EXEC: OIA Study Finds Outdoor Stores Still Missing Emerging Casual Consumers
At a session this week at Switchback Spring being held in Nashville, Kelly Davis, director of research at the Outdoor Industry Association, highlighted new consumer research that shows the outdoor space remains fixated on “Core” consumers at the expense of reaching the more “Active” and “Casual” participants.
EXEC: Bata Group Names Former Ecco CEO to Succeed Outgoing CEO Sandeep Kataria
Bata Group, the Swiss-based multinational footwear manufacturer and retailer, has appointed Panos Mytaros, formerly the CEO of Ecco, as its global CEO, effective September 15, 2025. He will succeed current CEO Sandeep Kataria as part of its succession plan.
EXEC: Havaianas Parent Inks North America Distribution Deal with Eastman Outdoor Group
The company stated that the Distribution Agreement does not foresee any initial cash outflow for either party and will have an initial length of four years commencing from the date of its execution. The agreement may be extended if certain previously agreed-upon metrics are met or by mutual agreement.
EXEC: Academy’s Chief Merchant Talks Jordan Launch, Nike Brand Success, Tariff Disruption
Following the retailer’s first-quarter results report, Academy’s EVP and Chief Merchant Matt McCabe added more highlights from the business, including the promise to introduce the Jordan brand, a strong response to expanding Nike product and market share gains among higher-income households.
EXEC: Trump Announces U.S. and China Have Reached Trade Deal With 55 percent Tariff
President Donald Trump declared the trade war with China “done” Wednesday, while Commerce Secretary Howard Lutnick said tariffs on Chinese goods will be locked in at the current 55 percent rate without additional increases.
EXEC: Trump Tariffs Having Little Impact on Retail Footwear Prices
The May Consumer Price Index (CPI) came in cooler than expected, defying fears that the impact of President Trump’s tariffs would start to show a rise in prices. A separate analysis by the FDRA indicates that footwear prices in May likewise declined year-over-year.
EXEC: Academy CEO Sees Promising Returns from Improved Nike Allocations, Jordan Launch
First-quarter results missed analyst estimates and the retailer widened its full-year guidance due to potential inflationary pressures arriving this year. Management also shared many positive developments, including a healthy response to Nike product expansion and Jordan brand launch.
EXEC: Asia FW Factories Post Weaker Shipment Volumes in May 2025
Yue Yuen manufacturing revenue growth flattened to only a 0.5 percent year-over-year in May 2025, a sharp deceleration from the April 2025 trend. Feng Tay’s May year-over-year shipment decline cycled against strong double-digit growth in May 2024.
EXEC: Topo Leads Parent’s Brands Portfolio on Strong Q1 Growth; DBI’s Brands DTC Fell
The parent company of DSW, The Shoe Co. and Rubino retail brands, and owner of Topo Athletic, Keds, Le Tigre, Hush Puppies, and other footwear brands, reported a “soft start” to 2025 amid an unpredictable macroeconomic environment and deteriorating consumer sentiment.
EXEC: Morgan Stanley Downgrades Lululemon on Weakening U.S. Growth Outlook
Morgan Stanley downgraded Lululemon Athletica to “Equal-weight” from “Overweight” on waning confidence in a recovery in the company’s core U.S. market.
EXEC Q&A: Dan Sheridan, CEO, Brooks Running
Sheridan, who was promoted to Brooks’ CEO last April, talks with SGB Executive about Brooks’ recent momentum, entry into lifestyle footwear category, the tariff playbook, as well as the health of the overall run industry.
EXEC: Lululemon Shares Hurt by Analyst Price Target Cuts
Shares of Lululemon Athletica Inc. are down about 20 percent in mid-day trading on Friday, June 6 after the yoga-themed retailer trimmed its earnings guidance for the year as proposed tariffs threaten its supply chain. Lululemon officials on an analyst call remained bullish on Lululemon’s ability to manage the disruption. Calvin McDonald, company CEO, said, “We intend to leverage our strong financial position and competitive advantages to play offense.”
EXEC: G-III Apparel Set for Fall Converse Apparel Launch; Shares Hit By Tariff Concerns
G-III Apparel Group, Ltd. (GIII) share fell 19 percent on Friday, June 6 after the apparel giant withdrew its earnings guidance for the year due to “uncertainty around tariffs and related macroeconomic conditions.” G-III’s first quarter results still exceeded targets, led by double-digit growth at DKNY, Karl Lagerfeld and Donna Karan. The company also indicated […]
EXEC: Duluth’s New CEO Sets Strategy to Return to Profitable Growth
In her first quarterly call since returning to Duluth Holdings, Inc. as president and CEO, Stephanie Pugliese said the company is “taking decisive actions to get this great company and unique and powerful brand back on the path to profitability and growth,” including rationalizing SKUs, reducing costs and complexity across multiple areas and exploring store closings while investing in innovation.
EXEC: Sports Direct Parent Votes Upend XXL ASA General Meeting; CEO Freddy Sobin Ousted
Frasers Group plc, who was represented with 28,776,450 shares and votes, equal to approximately 96.5 percent of the shares and votes represented at the general meeting, may be responsible for moving the managing director of Frasers Group IBML into the XXL Interim CEO role.
