NRF Chief Economist: Top-Line GDP Figures Overstate the Weakness in the Economy
The NRF reported private final sales to domestic purchasers, a measurement that focuses on consumer and business spending, were up 3.1 percent following a 2.2 percent gain in the prior quarter, suggesting a relatively steady pace of growth.
ZeroTech Optics USA Adds Elite Outdoor Sports to Expand Nationwide Reach
Elite Outdoor Sports will represent ZeroTech Optics USA in SoCal, AZ, NM, CO, UT, MT, WY, MI, IN, OH, PA, MD DE, NJ, NH, NY, MA, CT, and RI.
Lowa Revenues Inched Up in 2024 Led by Kids, Winter Shoes and Trail Running
Lowa Sportschuhe GmbH reported sales grew 1.9 percent in 2024 to €233.9 million ($246 mm), marking the second-best result in the German company’s history. Kids, winter shoes and trail running segments led the gains.
Solo Brands Formally Appeals Delisting Action by NYSE Regulation Staff
The company is appealing the determination of the staff of the NYSE Regulation and, if the company is successful in its appeal, NYSE may resume trading of the Class A common stock.
RumbleOn’s Sales Slide 20 Percent In First Quarter
The U.S. online marketplace and powersports retailer, known for its Ridenow Powersports dealerships, reported revenues dropped 20.5 percent to $244.7 million in the first quarter ended March 31, driven by sharp declines in both its powersports and vehicle transportation services segments.
Bogs Wholesale and Web Sales Declines Impact Parent Weyco’s Q1 Business
Weyco Group, Inc. reported Bogs’ wholesale sales were down 5 percent in Q1, due to lower retailer demand. A decrease in Weyco’s Retail segment resulted primarily from lower sales on the Bogs website, due to reduced promotional activities in 2025.
EXEC: Helly Hansen Off to Promising Re-Start with New Parent Kontoor Brands
Kontoor Brands Inc. estimated the soon-to-be-acquired Helly Hansen outdoor and workwear brand will deliver double-digit growth in the second half of the year and sounded very positive on the opportunities for Helly, particularly in the U.S. market.
S&S Activewear Adds Marmot and Vineyard Vines to Customizable Brand Portfolio
Marmot bolsters the S&S Activewear’s presence in the performance and outdoor category with a line of technical outerwear and gear built for serious conditions.
Dick’s to Open First House of Sport in Cherry Hill, New Jersey
Dick’s plans to open the store in New Jersey’s Cherry Hill Mall in 2026. The retailer plans to open 16 House of Sport stores in 2025 with a goal to have between 75 to 100 locations nationwide in operation by the end of 2027.
Dunham’s Sports to Open First Store in New Mexico
The Michigan-based sporting goods retailer, is expected to open the Santa Fe store at the end of 2025, in a 60,000-square-foot space once occupied by the bankrupt Conn’s HomePlus.
EXEC: Royal Robbins Posts Q1 Increase in U.S. Market for Parent Fenix Outdoor
The parent of the Fjällräven, Royal Robbins, Devold, and Frilufts, generated sales of €157.7 million in the 2025 first quarter, compared to €163.8 million in the 2024 Q1 period, a decrease of 3.7 percent year-over-year.
KTB Increases Helly Hansen Outlook; Sees Brand Adding $50M to 2025 Cash Flow
Kontoor Brands, which agreed to acquire Helly Hansen in February, slightly lowered its sales outlook for the year as first-quarter sales missed Wall Street’s targets due to flat sales in its core denim business, comprising of Wrangler and Lee. The firm kept its EPS guidance although it expects a $50 million negative impact on operating income from recently enacted changes in tariffs not yet included in the updated guidance.
Duluth Trading Outlines Inducement Grant Agreement with New CEO
The company granted a total of 1,759,532 shares of Class B common stock to the new chief executive pursuant to the terms of the Inducement Stock Award Agreement and the Inducement Restricted Stock Award Agreement.
REI Co-op Appoints New Chief Financial Officer
Shannon Damen joins the company from Gap, Inc., where, most recently, she was the global head of real estate and held roles as chief financial officer and chief commerce & experience officer at Athleta.
Boot Barn Holdings Removes “Interim” from John Hazen’s CEO Title
Hazen has served as the company’s interim CEO since November 2024. In October 2024, Boot Barn reported that then-CEO James Conroy was leaving the retailer to become CEO of Ross Stores.
