SGB Executive Apparel
EXEC: Fila Parent Misto Holdings Saw Greater China Market as a New Growth Driver in 2025
The Misto segment generated annual revenue of ₩829.6 billion, down 9.6 percent year-over-year, mainly due to the restructuring and inventory clearance in the U.S. market. However, operating profit improved to ₩74.7 billion, marking a significant turnaround from the previous year
EXEC: NRF Delivers Bullish Retail Growth Forecast for 2026
At the sixth annual State of Retail & the Consumer virtual event, the National Retail Federation (NRF) issued its 2026 forecast calling for U.S. retail sales to climb 4.4 percent over 2025 to $5.6 trillion, with the strong gains supported by resilient consumers despite market uncertainty. The forecasted growth rate is well ahead of the 3.6 percent average annual sales growth over the last 10 years.
EXEC: Sport 2000 Delivers 8.2 Percent Growth in 2025 on Outdoor and Running Gains
Sport 2000 International reported sales of €5.3 billion ($6.1 bn) in 2025, up 8.2 percent year-over-year. The European buying group, based in Mainhausen, Germany, said the growth “benefited from the implementation of its international ‘Home of Experts’ positioning and strength in outdoor and running categories.”
EXEC: Lycra Files for Bankruptcy to Cut $1.2 Billion Debt Load
The Lycra Company, the maker of spandex and other stretch fabrics, has filed for Chapter 11 bankruptcy protection in Houston, TX, seeking to shed $1.2 billion in debt. The company, in court papers, blamed the bankruptcy on a “confluence” of factors, including the pandemic’s fallout, tariffs, increased competition, and ongoing legal issues.
EXEC: Lululemon’s Co-CEOs Outline U.S. Return to Full-Price Growth
On top of all the other issues impacting company leadership and the Board, company earnings fell 21.6 percent in the fourth quarter as gross margins eroded 550 basis points and sales in the Americas region slid 4 percent. Lululemon forecasts growth of 2 percent to 4 percent for fiscal 2026.
EXEC: Academy’s CFO Sees Positive Start to Q1 Comps, but Q2 May Be Challenging
Shares of Academy Sports and Outdoors, Inc. fell about 12 percent on Tuesday, March 17, after the sporting goods chain reported Q4 results that trailed analyst targets and FY26 guidance landed at the low end of targets.
EXEC: Rip Curl and Oboz Owner KMD Brands Clarifies Position After Media Speculation
The company confirmed in ASX (Australia Stock Exchange) and NZX (New Zealand Exchange) announcements that Goldman Sachs has indeed been engaged to assist the Group with its “treasury and capital management strategy as part of an ongoing review of funding options.”
EXEC: The Trump Tariff Refund Process Just Got a Lot More Complex
This past week, a Midwest consumer filed suit in the Federal Court for the Northern District of Illinois against Costco Wholesale Corporation to recoup the money he paid in higher prices said to be due to the IEEPA tariffs and proposed nationwide class-action status for his suit. Beware the angry consumer.
EXEC: Gymshark Delivers 6.4 Percent Growth in FY25, Profits Retreat
U.K-based Gymshark reported sales rose 6.4 percent in its fiscal year ended July 31, 2025, its 13th consecutive year of growth, according to figures filed at Companies House. Profits came from investments in opening new stores.
EXEC: Smith Optics Sees E-Commerce Increase to 40 Percent of Sales in 2025
Smith’s sales in brick‑and‑mortar sporting goods stores were said to be softer between the second and third quarters of 2025, following the Group’s decision to temporarily limit imports of winter products from China, which led to delayed deliveries.
EXEC: Dick’s SG Sees Robust Early Returns on Foot Locker Transformation
DKS fourth-quarter results topped expectations from its legacy Dick’s and Foot Locker businesses. On an analyst call, officials indicated fewer FL doors will close due to the strong performance of its Fast Break remodels. The retailer also expects momentum to continue in 2026, driven by World Cup benefits and the strength of its House of Sport and Fieldhouse rollouts.
EXEC: Lululemon Fined A$702,900 in Australia for Spam E-Mails
Lululemon has been hit with a $702,900 penalty for sending over 370,000 promotional emails with delivery and purchase confirmations that did not include an unsubscribe option.
Report: REI to Reduce Pay for New Hires, Shrink Certain Benefits for All Employees
REI Co-op plans to reduce its pay rates for future employees and scale back benefits for current employees to shore up profitability, according to Bloomberg. Union organizers issued statements claiming the moves are tied to REI’s decision to halt negotations on a collective bargaining agreement, although REI strongly denied those accusations.
EXEC: Nike Earns Barclays Upgrade on N. America Recovery Signs
Barclays on Wednesday, March 11, upgraded its rating on Nike, Inc. to “Overweight” due to “recent operational progress, financial inflections, and management’s disciplined actions,” as well as the depressed valuation of Nike’s stock given progress in resetting the North America region.
EXEC: Yuen Yuen Sees Casual FW Growth Outpace Active FW Growth in 2025
Revenues generated by manufacturing of athletic/outdoor shoes, casual shoes and sports sandals increased 2.5 percent year-over-year. The overall results were impacted by the Pou Sheng China Retail business where revenues decreased 7.0 percent year-over-year.
