EXEC: July Manufacturing Index Indicates Contraction in U.S. for Fifth Straight Month
GoPro Inc. Raises $50M Via Second Term Loan to Bolster Balance Sheet, Repay Debt
ThredUp Shares Jump as Resale Business Grows Amidst Tariff Hurdles for Retailers
EXEC: Columbia Sportswear Delivers Dismal Outlook on Columbia Brand Struggles in U.S.
EXEC: Black Diamond President Talks Impact of Pro Discounts, DTC Drop, FX, and Tariffs
SGB Update
Traeger to Undergo Layoffs, Facility Closure as Q2 Sales Fall Double Digits
Traeger, Inc. said it would launch an extensive cost-cutting program involving layoffs and the closure of its Meater office in Leicester, UK, as Q2 results missed plan due to the impact of tariffs. Sales fell 13.6 percent, well short of analyst estimates.
NSGA Appoints John Davenport of Play It Again Sports Parent to Association Board
John Davenport is the manager of buying operations for Winmark and is a 36-year veteran of the resale and sporting goods industries. He joined Winmark in 1989 and has held various buying and operational roles that have contributed to the growth and evolution of Winmark’s resale brands, including Play It Again Sports.
Report: Dick’s SG-Foot Locker Deal May Be Under Additional Anti-Trust Scrutiny
Senator Elizabeth Warren (D-MA) is asking the Federal Trade Commission and the Department of Justice to “closely scrutinize” Dick’s Sporting Goods’ proposed acquisition of Foot Locker, Inc. and “block the deal” if the merger is found to violate antitrust laws.
Selle Royal Group Rolls NA Distributor Unit into Company to Form Selle Royal USA
The merger is said to underscore the Group’s continued investment in its U.S. subsidiary, ensuring that Selle Royal USA is positioned to meet the evolving needs of retailers, partners and cyclists.
Rip Curl CEO Joins World Surf League as CMO and President of North America
Farris, who will officially join the organization in September 2025, comes at a time when the WSL “continues to expand its global reach and invest in the fan experience across media, events and culture,” the organization continued.
SGB Executive
EXEC: TNF’s Japan Distributor Sees Operating Profits Expand Double-Digits In Q1
Goldwin’s portfolio of brands, both owned or licensed, includes Goldwin, The North Face, Helly Hansen, Woolrich, Icebreaker, Macpac, Fischer, Sunski, Neutralworks, Play Earth Kids, Canterbury, Speedo, And Per Se, Allbirds, and Profecio.
EXEC: July Manufacturing Index Indicates Contraction in U.S. for Fifth Straight Month
Economic activity in the manufacturing sector contracted in July for the fifth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, based on ISM’s survey of the country’s supply executives.
EXEC: SFIA’s President & CEO Todd Smith Discusses the Power of Sports and Fitness
Todd Smith, president and CEO of the Sports & Fitness Industry Association (SFIA) since last October, talked with SGB Executive about how it is evolving to meet its mission to promote sports and fitness participation and industry growth, its new initiatives and the Trump administration’s decision to bring back the Presidential Fitness Test.
EXEC: Bogner Sells Majority Stake to Katjes International
Bogner, the Munich-based luxury apparel and skiwear brand, has found a new majority investor in Katjes International, also based in Germany, known for its confectionery and body care products. The transaction is expected to be completed in September and remains subject to approval by antitrust authorities.
EXEC: Columbia Sportswear Delivers Dismal Outlook on Columbia Brand Struggles in U.S.
On its second-quarter analyst call, Tim Boyle, Columbia Sportswear’s chairman, CEO and president, warned that U.S. wholesale orders for the flagship Columbia brand would likely remain down at least through the first half of 2026 as efforts to revive demand for the brand are being undermined by conservative orders from retailers in the face of proposed tariffs.
