SGB Executive Outdoor
EXEC: The Running Event Showcases Running’s Growing Momentum; Comments from the Floor
The Running Event (TRE) held for the first time this week in San Antonio, TX, delivered record number of exhibitors, crowded aisles and robust booth spaces as the run industry appears to have reached another banner year.
EXEC: European Cycling Organizations Merge to Create New Unify Voice for Bike Industry
The Confederation of the European Bicycle Industry (CONEBI) and Cycling Industries Europe (CIE) have merged to form European Cycling Industries (ECI) to establish a new, unified voice for the cycling business in Europe.
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: Giant Group Updates Market on Labor Actions to Address CBP Withhold Release Order
The latest moves come following CBP’s action on September 24, 2025to issue the Withhold Release Order on products manufactured at Giant Group’s Taiwan-based manufacturing factory, suspending the import of Giant-branded bikes, bike parts and components into the United States.
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: 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.”
Backcountry’s Kevin Lenau Discusses AI-Driven Transformation, Outdoor Opportunity
Lenau discusses the AI-driven transformation the company is undergoing since it was acquired by CSC Generation Enterprise (CSC), its recent acquisitions of Velotech and Level Nine Sports, its newer store and wholesale pushes, trends in the outdoor space, and the company’s website’s recently improved performance.
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.
EXEC: Sports Direct Parent Acquires Glasgow’s Braehead Shopping Centre
Frasers Group plc, the UK-based parent of Sports Direct, announced the acquisition of Braehead Shopping Centre in Glasgow, Scotland’s largest shopping center, which includes an arena and leisure facilities.
EXEC: TSG International Fine-Tunes Distribution Network by Uniting Northern Europe and UK Regions
The Swiss safety gear company said it is further strengthening its Northern European footprint by consolidating its sales operations in Denmark and the UK under its distribution partner, JustSupreme ApS, and expanding into Ireland and Iceland.
EXEC: Thule Group Sets Long-Term Organic Growth Target to 7 Percent Annually
Ahead of its investor day, today, November 20, at its headquarters in Malmö, Sweden, Thule Group revised its long-term sales target, replacing its previous target of reaching SEK 20 billion in sales by 2030 with a mandate to achieve 7 percent organic growth.
EXEC: Rip Curl and Oboz Parent Posts Solid Fiscal Q1 Sales Growth with Focus on Inventory Sell-Down
The parent of the Rip Curl, Kathmandu and Oboz businesses worldwide provided an update on the 14-week first quarter of fiscal year 2026, indicating 7.9 percent year-over-year growth but weaker gross margins due to a continued focus by all brands to sell through aged inventory and enhance the balance sheet.
