SGB Executive Apparel

EXEC: Lululemon Shares Jump as Management Details Strategy to Revive U.S. Growth
While the news of the day was CEO Calvin McDonald’s pending departure at the close of the current fiscal year, Lululemon’s management team on the company’s third quarter analyst call detailed a comprehensive action plan backed by three pillars — Product Creation, Product Activation and Enterprise Efficiency — to revive growth in the U.S. marketplace.

EXEC: 2026 Color of the Year Debated as Pantone Goes White and Stitch Fix Says Bright
Stitch Fix named Chili Red, what they call a “vivid, optimistic and confident shade,” as the 2026 Color of the Year. Sales of red pieces are reportedly “up by over 50 percent as of October 2025,” and demand is expected to continue to grow in 2026.

EXEC: AlixPartners Sees Frugality Reigning in 2026
AlixPartners’ annual consumer outlook, study, based on a survey of over 13,000 consumers across nine countries, forecasts a sharp, accelerating pullback in global spending intentions in 2026, with the retrenchment highlighted by high-income consumers and China.

EXEC: Roots Delivers 6.8 Percent Growth in Q3
Toronto-based Roots reported sales grew 6.8 percent in the third quarter as same-store sales climbed 6.3 percent and wholesale revenues expanded 15.3 percent. Earnings were about flat in the period as increased marketing and hiring expenses offset the sales growth and higher gross margins.

EXEC: Academy Sports Gains Q3 Boost from Elevated Nike and Jordan Allocations
Academy Sports and Outdoors, Inc.’s earnings in the third quarter came in slightly ahead of analyst targets as improved allocations of Nike and Jordan products helped the nationwide retailer reach a greater number of high-income earners, offsetting continued pressure on lower-income customers.

EXEC: Outdoor Brands Chase Run Opportunity at The Running Event
The Running Event (TRE) held in San Antonio, TX, last week, drew an expanding crop of outdoor brands to the Switchback section of the trade show, with many seeking ways to drive growth in the hot run specialty channel. Executives at Salomon, The North Face, Keen, Teva, Lowa, Lems Shoes, La Sportiva and more shared their thoughts on the trade show and business conditions.

EXEC: The Running Event Showcases Running’s Growing Momentum; Comments from the Floor
The Running Event (TRE), which was held for the first time this week in San Antonio, TX, drew a record number of exhibitors, with crowded aisles and robust booth spaces, as the industry appears to have concluded another banner year.

EXEC: Zumiez, Inc. CEO Reports Strong Q3 and Early Q4 Growth on Higher AURs and Basket Value
Looking ahead, net sales for the fiscal fourth quarter ending January 31, 2026 are projected to be in the range of $291 million to $296 million, representing year-over-year sales growth of 4.0 percent to 6.0 percent. Total comparable sales are planned to be in the 2.5 percent to 4.0 percent range for the period.

EXEC: Fraser’s Chief Executive Says Ambitions Are High After Posting Solid H1 Results
In the UK, sales growth from Sports Direct and Flannels was said to be more than offset by planned declines in Game UK, Studio Retail, House of Fraser, and the businesses acquired from JD Sports. International revenue benefited from the acquisitions of Holdsport (May 2025) and XXL ASA (June 2025), partially offset by the disposal of the MySale business in May 2025.

EXEC: Sportsman’s Warehouse CEO Outlines Solid Q3 Category Gains; Lowers Guide on Weaker Consumer
Given the pressure of consumer headwinds experienced in November, the company has increased its promotional efforts to maintain inventory efficiency while driving sales, which is putting pressures on margins. For the full fiscal year 2025, SPWH is adjusting its net sales range to be flat to up slightly.

EXEC: Sebago and Woolrich Parent BasicNet Enters Beachwear Business with Sundek Acquisition
The acquisition of Sundek is expected to enable BasicNet S.p.A. to bolster its portfolio with another brand that aligns with the Group, in a category (beachwear) that is not represented.

EXEC: Nike and Lacoste Ads Banned in UK Over Green Claims
Nike advertisements, along with those from Superdry and Lacoste, have been banned in the U.K. for misleading consumers about the environmental sustainability credentials of the products.

EXEC: SGB Black Friday Wrap Up Notes Overall Sales Boost From Robust Online Gains
Reports from Adobe, Mastercard SpendingPulse, RetailNext, Sensormatic, and Shopify found that Black Friday sales aligned with, or exceeded, expectations, as strength in online sales offset continued softness in in-store traffic on the major U.S. holiday shopping day.

EXEC: Dick’s Chairman Ed Stack Looks to Clean Out the “Garage of Underperforming Assets” at Foot Locker
Dick’s Sporting Goods Inc. on Thursday announced it will absorb pretax charges between $500 million and $750 million in future quarters to clear unproductive inventories and close an as-yet-undetermined number of stores at its recently-acquired Foot Locker business. On an analyst call, Ed Stack, Dick’s executive chairman, said, ”Our first priority is clear. We need to clean out the garage of underperforming assets.”

EXEC: Wall Street Eager to Hear Foot Locker Strategy on Dick’s SG’s Q3 Call
Dick’s Sporting Goods will log another growth quarter, outpacing the broader retail market, when it reports third-quarter results next Tuesday, November 25, but analysts will also be listening closely as the company is expected to announce further details on cost synergies, potential store closings and turnaround strategies for the recently acquired Foot Locker banners.









