SGB Executive Apparel
EXEC: Sports Direct Opens First Nordic Flagship in Helsinki
UK-based Sports Direct has opened a 30,000-square-foot store at Citycenter Mall in Helsinki, Finland, marking its store opening in the Nordic region following its parent Frasers Group’s acquisition of Norwegian retailer XXL in the summer of 2025.
EXEC: Genesco Inc. Raises FY Guidance as Q1 Tops Expectations
Genesco Inc., the parent of teen and kids oriented Journeys Group, UK-based footwear retailer Schuh Group, dress and casual brand and retailer Johnston & Murphy, along with a range of other brands under the Genesco Brands Group umbrella, reported a slightly wider loss in the fiscal 2027 first quarter on an adjusted basis. Still, the […]
EXEC: Journeys Talks Expanding Teen Girl Reach Beyond Vulcanized and Lifestyle
Journeys will continue its recent focus on a “wider teen audience interested in style and trend” that Genesco estimates is 6x to 7x larger than the market Journeys traditionally served with its past focus on vulcanized and casual shoes.
EXEC: Haglöfs Appoints Global Director of Wholesale
Swedish outdoor brand Haglöfs AB appointed Marcus Grönberg as global director of Wholesale.mGrönberg, who is based in Stockholm, will take up his new position effective June 1.
EXEC: Gap Inc. CFO Expects Athleta’s Q1 Weakness to Continue into Second Quarter
Gap Inc. said same-store sales at its Athleta banner declined 11 percent in the first quarter, below expectations. On an analyst call, Gap Inc. CEO Richard Dickson reiterated that 2026 will be a “rebuild year” for Athleta, but progress in clearing legacy inventory has fallen short of plan.
EXEC: Oboz and Rip Curl Parent KMD is Latest Company to Launch Strategic Business Review
KMD Brands (Group), the New Zealand-based parent of the Rip Curl, Oboz and Kathmandu brands, is the latest to commence a strategic business review, with the purpose of “delivering improved returns for shareholders.”
EXEC: Topsports’ Fiscal Year Sales Decline on Decreasing China Foot Traffic, Sluggish Spending
The Chinese sportswear retailer said a 4.7 percent sales decline was “mainly due to the sluggish macro consumption environment and declining offline foot traffic, partly offset by the growth of the online retail business during the year.”
EXEC: Dick’s SG Scores Stock Upgrade, Price Target Hikes Post-Earnings
The parent of Dick’s and Foot Locker secured a ratings upgrade from J.P. Morgan and saw several price-target hikes by other Wall Street firms after the retailer reported first-quarter results ahead of targets. The report left many analysts more convinced that Dick’s legacy business is retaining its momentum and that Foot Locker is on the path to recovery.
EXEC: Rip Curl and Kathmandu Drive KMD Brands Higher Despite Oboz Weakness in Fiscal Q3
KMD Brands Ltd. (Group) reported sales in the fiscal third quarter ended April 26 grew 5.2 percent as gains of 12.0 percent at the Kathmandu retail chain and 4.0 percent growth at Rip Curl, partially offset by an 8.9 percent decline at the company’s Oboz brand.
EXEC: Dick’s SG Sees Improved Top-Line Trends at Legacy DSG and FL; Guidance Disappoints
DKS shares on Wednesday fell $13.92, or nearly 6.0 percent, to close at $219.21 for the day. Shares are still comfortably up from $197.97 at the start of 2026. DKS shares were rebounding in low-singles in pre-market trading on Thursday morning, May 28.
EXEC: Manchester United’s Commercial Revenues Climb 10 Percent in Fiscal Q3
Retail, Merchandising, Apparel and Product Licensing revenue was £43.9 million in fiscal Q3, an increase of 36.3 percent over the prior-year quarter, said to be due to stronger trading related to improved on-pitch performance, combined with a one-off credit relating to amended terms of its in-house e-commerce business launched in the prior year.
EXEC: Sympatex Acquired Out of Insolvency Proceedings
Sympatex Technologies, the German manufacturer of membranes, laminates and textiles used in outdoor apparel and footwear, is being acquired by Italian textile supplier Pidigi S.p.A. The sale comes as Sympatex filed for insolvency at the Munich Local Court in Germany on January 22.
EXEC: Cotswold Outdoor Group Relocating Headquarters in UK
The UK-based parent of Cotswold Outdoor, Runners Need and Snow + Rock is reportedly set to relocate its head office from Kemble to nearby Swindon. The new 17,000 square-foot headquarters features collaborative working areas, dedicated meeting spaces and training facilities.
EXEC: Sports Direct’s UK-Based Parent Adds Brand Responsibility to HR Chief’s Role
Frasers Group has named Andy Brown as chief people and brand officer. He has been serving as chief people officer since August 2024. Previously, he served as the group’s HR director from September 2020 to August 2024. He joined Frasers as head of human resources for London and the Premier Division.
Golf Fashion Brand Duca del Cosma Acquired by Howsam Capital
Luxury Italian golf fashion brand Duca del Cosma has been sold by its Chairman, Frank van Wezel, to Howsam Capital, a Dubai-based investment firm.
