<p>Dr. Martens issued a trading update ahead of its annual meeting, indicating that sales are progressing as expected with positive growth in its direct-to-consumer business in the Americas region and strength in the APAC region helping offset some weakness in Europe.</p>
<p>Deloitte’s 18th Annual Back-to-School Survey finds that spending for K-12 students will remain flat at $30.9 billion this year. Parents surveyed expect to spend $570 per student in grades K-12, down just $16 year-over-year. Overall, parents will spend on essentials, trading down on brands and retailers, and spreading out purchases over time.<br />
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<p>Based in Odessa, TX, Bryan Head has been hired as the company’s new national sales manager, overseeing all sales strategy, including dealer development, key account management and national sales growth.</p>
<p>Ron Fleming becomes the company’s CEO after serving in the role on an interim basis since September 2024. The company’s primary intention for the reverse stock split is to increase the per-share market price of its common stock, seeking to regain Nasdaq market compliance.</p>
<p>Discussions remain in the early stages, and there is no guarantee that a transaction will take place, the sources added. Other shareholders may also consider participating in a deal.</p>
<p>REI Co-op set plans to host a grand opening of its new store in Elk Grove, CA which is part of the Sacramento metropolitan area in Northern California.</p>
<p>The Buckle, Inc. reported that comparable store net sales increased 3.8 percent in June. Net sales grew 4.7 percent to $106.5 million from net sales of $101.7 million a year prior.</p>
<p>The exclusive, long-term licensing partnership will see The Iconic Brand Corporation design, develop, produce, and market Ellesse apparel and accessories in the U.S. in collaboration with Ellesse’s London team. The first collection will launch in Spring 2026.</p>
<p>Helen of Troy, Ltd. reported sales in its Home & Outdoor segment, which includes Hydro Flask, Osprey and Oxo, declined 10.3 percent in the fiscal first quarter ended May 31 due in part to weaker demand for insulated beverageware and the cancellation of orders due to tariffs. Sales are expected to decline in the range of 16.5 percent to 11.5 percent in the fiscal second quarter.</p>
<p>The parent of the Solo Stove, Chubbies, Isle and Oru brands implemented a 1-for-40 reverse stock split of its common stock to restore compliance with the New York Stock Exchange listing standards.</p>
<p>Vuori hired Ashley Kechter, formerly global brand president at Fabletics, as the company’s first global president. The brand also appointed Edward Lee as chief legal officer and corporate secretary amid market speculation that the Southern California-based activewear brand may explore an initial public offering.</p>
<p>Powdr will continue to support the Mountain for the first two winters and summers. The Town’s Board said it will partner with 303 Ski, a coalition of Front Range ski industry veterans, who have been instrumental in vetting operating plans, conducting financial modeling and assessing community programming.</p>
<p>Under the expanded partnership, Fanatics will continue to operate Chelsea’s global e-commerce operations and will obtain further design and manufacturing rights to develop new fan apparel ranges.</p>
<p>With the completion of the three agreements, Allbirds has now signed distribution deals with 16 companies globally since shifting its primary distribution strategy from direct-to-consumer to wholesale distributors.</p>
<p>Mike McGoohan, former president and chief growth officer of Solo Stove, was appointed to the newly created role of chief growth officer for the United States Tennis Association (USTA). Reporting into McGoohan are Play & Competition, USTA Coaching, Marketing, Digital Strategy, Strategy & Innovation, and Industry & Sales departments.</p>
