EXEC: Intersport International Will See Prodigal Son Tom Foley Return as CEO in July 2025
EXEC: Where Does Jack Wolfskin Fit in the Anta Sports Outdoor Brand Portfolio?
EXEC: Callaway to Sell Jack Wolfskin to Amer Sports’ Chinese Parent
EXEC: Trump Admin Hits “Pause” on Most Higher Tariffs; Bumps China to 125 Percent
EXEC: Trump Threatens to Push China Tariffs to 104 Percent Total
SGB Update
Castle Peak Holdings Acquires Snow King Resort in Jackson Hole, WY
The acquisition marks Castle Peak’s eighth property and the company’s largest, following the recent opening of Trailborn Grand Canyon, Trailborn Surf & Sound, and Trailborn Highlands.
Shred. Accelerates Distribution in Switzerland with Catrade SA
The company’s will work closely to bring the Shred. products to specialty retailers in Switzerland and to strengthen the brand’s presence in the region’s discerning ski and snowboard markets.
SGB Updates Will Not Publish on Good Friday, April 18
SGB Media will not publish its regular SGB Morning Update or SGB Evening Update newsletters on Friday, April 18 in observance of Good Friday. SGB will resume normal distribution on Monday, April 21.
Play it Again Sports Parent Gets Q1 Bottom-Line Bump from Settlement
The run-off of the franchisor’s leasing portfolio for the Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round retail brands that was first announced in May of 2021 is “substantially complete.”
OIA Reports Outdoor Retail Sales Trends Returned to Growth in 2024
Outdoor market retail sales totaled $28 billion in 2024, up 1 percent year-over-year. OIA noted that overall Apparel sales remained stagnant, Equipment sales declined slightly, and Accessories and Footwear saw positive growth in 2024.
SGB Executive
EXEC: Stone Island Q1 Sales Decline Cuts into Moncler Group Growth
The parent of the Moncler and Stone Island luxury sportswear brands, reached consolidated revenues of €829.0 million in the 2025 first quarter, up 1 percent on a constant-currency basis compared with the 2024 first quarter.
EXEC: UK-Based Passenger Outdoor Brand Hits Temporary “Pause” in U.S. Market
The action by the UK-based company is said to be both an effort to hit pause due to the issues surrounding the rapidly changing tariff situation in the U.S. and also due to a strategy to focus more on its fast-growing EU business.
EXEC: Giant Group March Bike Shipments Turn Negative as Tariffs Hit
March shipments declined 5.3 percent year-over-year to NT$6.75 billion, reducing the year-to-date (first quarter) to a growth of 4.9 percent to NT$16.9 billion.
EXEC: Intersport International Will See Prodigal Son Tom Foley Return as CEO in July 2025
Tom Foley most recently served as CEO at Go Sport where led a chain of stores and a network of international franchises. Foley’s background also includes a stint as general manager for Intersport UK and Ireland, a role he served in for six years until 2017.
EXEC: Where Does Jack Wolfskin Fit in the Anta Sports Outdoor Brand Portfolio?
Anta has hinted about its plans for the Jack Wolfskin brand but won’t develop its positioning in a vacuum. The company has a very good partner, Matthew Jung, Jack Wolfskin’s global president and CEO, who started with the company in early 2022 as GM for China.
