SGB Executive Outdoor

EXEC: Active Lifestyle Well Represented on 2023 Inc. 5000 List

Golftec, Xero Shoes, SylvanSport, Stinger Sports, Bases Loaded and GiantMouse are brands in the wide range of companies in the active lifestyle space to land in Inc’s 5000 for 2023 annual ranking of the fastest-growing private companies in America—a snapshot of companies’ performance from 2019 to 2022.

EXEC: Department Stores Stung by Apparel Category Woes

Macy’s, Nordstrom, Kohl’s, and Dillard’s saw sales decline in the second quarter as the retailer’s core apparel category faced promotional pressures and weak demand. The active category was a bright spot for Nordstrom, but continued to struggle at Macy’s and Kohl’s.

EXEC: Dick’s CEO Talks Q2 EPS Miss, Inventory Woes, Retail Theft and Staff Cuts

Shares of Dick’s shaved about a quarter of their value on Tuesday after America’s largest sporting goods chain reported a second-quarter profit shortfall and slashed its earning guidance for the year due to promotions required to clear inventories, particularly in the outdoor category, and higher-than-expected shrink.

EXEC: Active Lifestyle Vendors Weather Challenging Second Quarter

Columbia Sportswear, Wolverine Worldwide, VF Corp. and Hanesbrands were among vendors in the active lifestyle space downwardly adjusting their guidance for the year in reporting Q2 results in the face of an increasingly promotional marketplace. However, more vendors than not were able to surprise on the upside.

EXEC: Retail Market Inventory Woes Create New Opportunities for Off-Price

While the industry headlines have been talking about inventory overhang, liquidations, higher promotions, and coining the term “de-stocking,” the floors at TJ Maxx, Marshall’s and Ross Stores did not swell to the levels that many expected. That wait is now over, and it’s global.

EXEC: Walmart’s Robust Q2 Delivers Upbeat Signal for Retail’s Recovery

Walmart, Inc. lifted its outlook for the year after reporting second-quarter results that handily topped guidance due to strength in the grocery but also a better-than-expected performance in general merchandise. The strong results were a relief for the retail sector following sluggish sales reports from Target and Home Depot although Walmart’s CEO Doug McMillon told analysts household budgets remain under pressure.