EXEC: JD Sports Fashion Reports 3.4 Percent Organic Sales Growth for Holiday
On a year-to-date (YTD) basis through January 4, comp sales revenue was flat, and the company said it expects full-year comp sales revenue to be at a similar level as the YTD trend.
EXEC: Reebok’s U.S. Operations Sold to Galaxy Universal
Galaxy Universal specializes in the athletic, health and outdoor categories, among others, and owns the And1, Gaiam and Tony Hawk brands, and licenses the Justice and London Fog brands.
Famous Footwear Parent Cuts Sales and EPS Guide for Second Time in Two Months
Consolidated net sales are forecasted to be down 3.0 percent to 3.5 percent for fiscal 2024, compared to a December forecast for net sales to be down in a range of 2.5 percent to 3.0 percent and versus initial guidance of down in low-single-digits percent.
EXEC: Giant Group Ends 2024 on Another Down Note as Q4 Sales Fall 8.6 Percent
The Taiwan-based bike manufacturer saw its 2024 full-year shipment volume fall 7.4 percent for the 12-month period to NT$71.3 billion, compared to NT$76.9 billion in 2023.
EXEC: Key Nike Factory Swings Back to Shipment Declines in December
Feng Tay Enterprises manufacturing revenues rose 2.0 percent for full-year 2024, while peers Stella International declined 3.5 percent for the month and Yue Yuen manufacturing posted an 11.1 percent increase for the 2024 full-year period.
EXEC: Stella Intl Sees 2024 Footwear Shipment Volume Jump 8.2 Percent; ASPs Decline
Average selling prices (ASPs) were $27.90 per pair in Q4, compared to $28.80 in the prior-year Q4 period. Full-year ASPs were down 4.4 percent to $28.40 per pair, compared to $29.7 per pair in 2023.
EXEC: JCPenney Merges with Sparc Group to Form Catalyst Brands
The combined Catalyst Brands organization is a joint venture formed in an all-equity transaction between JCPenney and the Sparc Group, with shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group, and Shein.
EXEC: Anta Reports Fila Retail Sales in China Swings to Growth Mode in Q4
Retail sales for the Fila brand in China reportedly increased in mid-single digits for the 2024 full-year period, while Anta brand sales improved in the high-singles year-over-year and All Other Brands, including Descente and Kolon Sport, saw fourth-quarter retail sales increase in the 40 percent to 45 percent range.
REI Shuttering Experiences Business, Cutting 428 Positions
The closure of the Experiences business will affect 180 full-time and 248 part-time employees, which are primarily guides serving the business. REI said it will re-invest in the core Camp and Backpack, Run and Hike, and Outside Life businesses.
EXEC: Hydro Flask Adds Velocity with Expanding Amazon, Target and Costco Programs
Hydro Flask e-commerce reportedly “overdelivered” in the quarter, said to be driven by stronger-than-forecasted POS that lifted post Labor Day replenishment and stronger-than-forecasted performance on Amazon Prime Day with Hydro Flask achieving the No. 1 Best Seller ranking within water bottles during the event.
EXEC: SGB 2025 Look Ahead with Active Lifestyle Market Leaders
Leaders in the active lifestyle space expressed cautious optimism about 2025 with inflationary pressures easing, supply chains largely normalized and generally healthy interest in sports. Insights from Academy Sports, Brooks Running, Rawlings, Fleet Feet, Selkirk Sport and others.
EXEC: SGB 2025 Look Ahead with Trade Association Leaders
Trade associations representing the active lifestyle space shared their concerns with SGB Executive regarding potential tariffs, supply chain disruptions and the likelihood of an unstable economy in 2025. However, they were generally upbeat about the year ahead.
EXEC: SGB 2025 Outdoor Market Leaders Look Ahead
Leaders and innovators in the outdoor active lifestyle space see 2025 as a potential recovery year as a lengthy destocking process has finally rebalanced inventories across most categories. Insights from Grassroots Outdoor Alliance, Outdoor Retailer, Gregory, Mammut, Lycra, Farm to Feet, Next Adventure, Nemo, Circana and others…
SGB 2024 Year in Review: Outdoor Market Top 25 Most Read News
The SGB Outdoor segment has a clear red line of store closures, bankruptcies, layoffs, the unraveling of one of the market’s largest brand consolidators in the space, and the continued issues plaguing the market’s largest specialty retailer.
SGB 2024 Year in Review: Most Read Outdoor Press Releases
SGB Media readers most frequently read the articles SGB Media publishes in the SGB Morning and Evening Update Newsletters each However, many of our readers and newsletter subscribers also know that the SGB Media website (SGBonline.com ) includes thousands of product and brand marketing press releases posted by SGB Media for the Active Outdoor Industry PR, Marketing and Communications agencies and professionals that drive daily brand messaging for their clients.
