EXEC: European Cycling Organizations Merge; Create Unified 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: Journeys Parent Genesco Shares Fall on Lower Guide, Weaker U.S. Store Traffic and UK Profits
The parent of Journeys lowered its guidance for the year due to sales and margin pressures facing its U.K.-based Schuh business and weakness at its U.S. chains during non-peak shopping days. Third-quarter results came in slightly below expectations.
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.
TRE Session: Hoka Sales Fall at Run Specialty as Nike Rebounds and Topo Surges
Karnan Associates’ data, presented at The Running Event (TRE), showed that five of this year’s top-selling footwear brands in the run specialty channel were Brooks, Hoka, New Balance, Asics, and Saucony, respectively, down a collective 7.4 percent in the 12 months through September.
EXEC: Golden Goose Revenues Climb 13 Percent in Nine Months on DTC Momentum
The Italian luxury sneaker brand, reported adjusted operating earnings rose 7 percent in the nine months ended September 30 on a 13 percent revenue gain. The gains were boosted by an acceleration of the company’s direct-to-consumer channel in the third quarter.
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: Athleta Brand President is Getting a Longer Leash to Return as a Premium Aspirational Brand
Time appears to be something GAP is willing to give to the active lifestyle brand, as company expectations for a quick solution to the woes at Athleta have given way to a longer-term view. Athleta posted an 11 percent year-over-year decrease in both net and comparable sales in the 2025 third quarter.
