SGB Executive

EXEC: ATA, Bass Pro, and Dick’s SG Face Archery Price-Fixing Class Action Lawsuit

A proposed class action lawsuit charges the Archery Trade Association (ATA) conspired with numerous manufacturers, distributors and retailers, including Bass Pro Shops, Dick’s Sporting Goods and Cabela’s, to artificially inflate the prices of bowhunting and archery equipment by implementing minimum advertised pricing (MAP) policies.

EXEC: Moody’s Sees Tariffs Weighing On Apparel Retail Through First Half Of 2026

Moody’s Ratings, in an update, said that while a pause in some tariffs lessens the profitability hit, it’s maintaining a negative outlook on the Global Retail and Apparel sector, as tariffs are expected to “materially” impact earnings through the first quarter of 2026, with apparel and footwear sellers particularly vulnerable.

EXEC: Mips AB Saw U.S. Tariff Changes Put a Damper on Q2 Growth

The Sweden-based maker of helmet protection technologies reported net sales increased just 1 percent to SEK 135 million in the 2025 second quarter, due to currency fluctuations. Organic sales growth was 12 percent, far below the 42 percent organic growth posted in the first quarter.

EXEC: Coats Group to Acquire OrthoLite in Move to Reshape Footwear Components Market

The London-based thread manufacturer reached a definitive agreement to acquire U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The acquisition is reportedly designed to accelerate the London-based thread manufacturer’s ambition to become a leading supplier of materials to the footwear industry.