EXEC: Cotopaxi CEO Lindsay Shumlas Chases Urban Outdoor Consumer Opportunity
Lindsay Shumlas, Cotopaxi’s CEO since last December, talked with SGB Executive about Cotopaxi’s recent management reset and its pursuit of the casual and active adventurers in urban settings, that’s resulted in the recent opening of several pop-up locations and is expected to drive its next leg of growth.
EXEC: Loop Tackle Promotes Jim Coates to CEO as Sim Moves to Conservation Role
Coates has served as the Loop Tackle’s president and COO since 2024 and now succeeds Gordon Sim, who led the company for more than 12 years and will transition into the new role of chief conservation officer.
EXEC: Goldwin Inc. Affiliate Makes Strategic Investment in Ambercycle, Inc.
This new investment marks a milestone for Ambercycle, as its cycora technology enters the fashion industry, one of the most technically advanced and quality-focused textile markets, for the first time.
EXEC: Decathlon to Double India Sourcing to $3 Billion by 2030
The French sporting goods company said that by the end of 2030, the retailer will source 15 percent of its goods from India, with the growth driven by “high-potential” categories such as footwear, fitness equipment and technical textiles.
EXEC: Nike Shares Jump After JPMorgan Upgrade and Price Target Hike
Shares of Nike climbed $2.97, or 3.9 percent, to $79.24 on Monday, July 28 after JPMorgan upgraded the stock to “overweight” from “neutral” due to progress on reducing inventories, momentum in securing wholesale orders and innovation showing promise for performance product.
EXEC: Shimano Lowers Full-Year Guide as China Bike Weakness Offsets Europe Jump
In China, the economic recovery was said to have remained lackluster, mainly due to the impact of the prolonged recession in the real estate sector and a slump in personal consumption. In Europe, personal consumption was described as “strong.”
EXEC: PwC Sees Continued Sluggish M&A Activity in Consumer Sector In Second Half
After a timidly optimistic start to the year, the global M&A market cooled in the first half, conditioned by a highly uncertain economic and geopolitical environment, and is expected to remain challenged in the back half, according to PwC’s mid-year report. Between January and May 2025, M&A global volume in the consumer sector fell 9 percent.
EXEC: On Holdings’ Stock Downgraded on Currency Headwinds, Tariff Concerns
Raymond James reduced its stock rating on On Holdings to “Outperform” from “Strong Buy” and lowered its earnings estimates due to the strengthening of the Swiss Franc and the impact of tariffs. Raymond James’ analyst Rick Patel wrote, “While we see 2Q being ‘less clean’ due to FX, tariffs, and slower wholesale growth (due to timing of launches), we remain bullish on ONON as a long-term story.”
EXEC: Grassroots President Gabe Maier Talks About Connections
Gabe Maier, president of Grassroots Outdoors Alliance talked with SGB Executive about the work the membership organization is doing on behalf of independent outdoor retailers, its evolving Connect show and the prospects for a national show for the outdoor industry.
Puma SE Cuts FY Guide Based on DD Apparel Decline, U.S. Tariffs, and Currency Hit in Q2
The sales decline was reportedly driven by the key markets North America (-9.1 percent currency-adjusted), Europe and Greater China. The company’s second quarter net loss came in at €247.0 million, compared to net income of €41.9 million in Q2 2025.
EXEC: Hoka and Ugg Get International Lift and Post Wholesale Strength Globally for Deckers Brands in Q1
Deckers Brands President and CEO Stefano Caroti said the strength of the company’s business continues to be driven by the “remarkable growth” in international markets with Hoka and Ugg both contributing to the company’s 49.7 percent increase in international revenue, while navigating “a choppy U.S. consumer environment.
Black Diamond Parent Sees Call-Out in Investment Company’s Second Quarter Letter
Laughing Water Capital said in its letter that Clarus is “subscale” and undergoing a reset after expanding their SKU count a bit too much. Thirteen hedge fund portfolios held Clarus shares in their portfolios in the second quarter, flat to last year.
EXEC: Moncler Group Sees Q2 DTC Sales Down for Moncler Brand, Up Mid-Singles for Stone Island
Moncler Group, parent of the Moncler brand and Stone Island brand posted a rather flat first half in 2025. In the second quarter, Group revenues were €396.6 million, down 1 percent currency-neutral compared with the 2024 Q2 period.
NRF Sees Resiliency in 2025 BTS Shoppers; Will Spend More on Footwear and Apparel
Katherine Cullen, the National Retail Federation’s VP of industry and consumer insights, and Mark Mathews, its chief economist and executive director of research, who identified that this year’s back-to-school (BTS) consumers are shopping earlier and with discounters to save money due to ongoing tariff and inflationary discussions.
EXEC: Rapala Gets DD Lift from North America in H1; Asia and Europe Fall on Trade Uncertainty
The company reported sales in North America increased 12 percent compared to the 2024 H1 period. With comparable translation exchange rates sales were up by 14 percent. The Europe and Asia markets were said to be impacted by increased uncertainty and limited economic visibility.
