EXEC: Nike’s Brand Owner in Brazil Aligns with Beaverton’s Renewed Focus on Wholesale
EXEC: Salomon Turns Heads and Makes Friends with New Concept Store on Shanghai’s Anfu Road
EXEC: Mexico Seeking Compensation from Adidas and Designer for Cultural Appropriation
EXEC: Merrell Brand Looks to Modernize the Trail, Execs Tout Q2 Wins
EXEC: Crocs Inc. CEO Sees Consumer Shift to Athletic a Major Headwind; Cuts Loom
SGB Update
Outdoor Retailer Parent Acquires Generis Group to Expand Executive Summits Portfolio
Emerald Holding, Inc., announced that it has acquired 100 percent of the equity interest in Generis Group, a Toronto-based provider of B2B executive summits. Terms of the acquisition were not disclosed.
Report: Gildan Activewear in Talks to Acquire Hanesbrands
Gildan Activewear, headquartered in Montreal, Canada, is close to acquiring Hanesbrands in a potential $5 billion deal that includes debt. A deal could be agreed by the end of the week, but sources cautioned that an acquisition may not be finalized.
On Holding AG Beats Top-Line Estimates for Q2 but Swings to Net Loss; Raises Full Year Guidance
ONON shares were up more than 10 percent in pre-market trading on Tuesday, August 12, after the company delivered another record quarter for net sales, combined with significant increases in EBITDA in the 2025 second quarter while suffering a net loss in the period compared to net income in the year-ago quarter.
Bass Pro’s Debt Rating Outlook Cut To Negative on Soft Boat Biz
Moody’s lowered its ratings outlook on Great Outdoors Group to negative from stable due to weaker-than-expected operating performance, largely in its boating business, which is a “result of increased industry promotional activity amid soft consumer demand for boats.”
VF’s Former CFO Joins Ibotta
Matt Puckett, the former CFO of VF Corp., will join the Denver, CO-based Ibotta, Inc., a digital promotions platform, as CFO, effective August 25.
SGB Executive
EXEC: Nike’s Brand Owner in Brazil Aligns with Beaverton’s Renewed Focus on Wholesale
Nike’s physical stores, including both full price and NVS (Nike Value Stores) in Brazil expanded 8.2 percent year-over-year (y/y), with same-store sales up 10.7 percent y/y in the second quarter. Nike’s digital channel recorded a 5.1 percent y/y increase. Wholesale revenue was up 4.4 percent y/y.
EXEC: Salomon Turns Heads and Makes Friends with New Concept Store on Shanghai’s Anfu Road
The company said the new location integrates Salomon’s French heritage and pioneering retail space with the local community, marking an upgrade of its retail experience in China. One retail advisor in attendance called the positioning and execution “a masterclass in brand evolution.”
EXEC: Top Asia FW Factories Record Weaker Shipment Trends in July 2025
Feng Tay Enterprises, one of the longest-tenured producers of Nike footwear, saw manufacturing revenues fall 8.8 percent year-over-year (y/y) in July. Yue Yuen manufacturing increased just 0.5 percent in July after posting a 9.4 percent y/y increase in June 2025.
EXEC: Yue Yuen Sees H1 Growth in Athletic & Outdoor FW Slow as Casual & Sandals Jump
Yue Yuen said it remains committed to its mid- to long-term capacity allocation strategy. This includes diversifying its manufacturing capacity into regions such as Indonesia and India where labor supply and infrastructure are supportive of sustainable growth
EXEC: Mexico Seeking Compensation from Adidas and Designer for Cultural Appropriation
Adidas stated in a letter dated Friday, August 8, that it “deeply values the cultural wealth of Mexico’s Indigenous people and recognizes the relevance” of the criticisms. The company requested to sit down with local officials and to discuss how it can “repair the damage” to Indigenous populations. Fashion designer Willy Chavarria also apologized.
