<p>The collection celebrates “queer identities, ’80s athletic culture and the glitz of ’70s roller disco, marrying Palomo’s essence with Puma’s heritage of sportswear.” </p>
<p>The business started with one running store. Today it has ten located throughout the Metro Atlanta area, one store in Melbourne, FL, that opened earlier this year, and a mobile shop, Big Peach On Wheels. </p>
<p>Alpargatas, the Brazilian parent of the Havaianas, Rothy’s and Ioasys brands, reported net revenue reached Brazil Real (R$)931.8 million in the first quarter, climbing 3.2 percent compared to the same period in 2022. For the flagship Havaianas brand, strength in Brazil offset declines in the U.S. and Europe.</p>
<p>The move is designed to carve out the consistently underperforming segment from Xtep’s portfolio, allowing the company to concentrate its resources on developing its highly profitable brands – core Xtep brand, Saucony, and Merrell.</p>
<p>Solo Brands, Inc. reported first-quarter sales and adjusted EBITDA topped expectations and noted progress is being made in repositioning its brands for growth. On an analyst call, Chris Metz, CEO, said Solo Stove saw improving DTC trends while Chubbies benefited from the early arrival of a shorts campaign.</p>
<p>Adobe released its online shopping data for the first four months of 2024, showing sales rose 7.0 percent year-over-year to $331.6 billion. The company’s research found that consumers have traded down to less expensive goods across major e-commerce categories.</p>
<p>Crocs retail and outlet stores in the U.S., excluding Hawaii and Puerto Rico, now have collection boxes for customers to drop off Crocs shoes in any condition and receive a one-time 10 percent discount on Crocs products in-store or online.</p>
<p>Shares of Yeti, Inc. jumped about 11 percent Thursday after the company reported that lower freight and product costs drove first-quarter earnings well above Wall Street targets, leading to raised EPS guidance for the year. Sales grew by double-digits for the second consecutive quarter.</p>
<p>Vista Outdoor, Inc.’s fourth-quarter results met expectations with sales at its Kinetic Group ammunition segment reaching the lower end of guidance while the Revelyst outdoor segment grew organically for the first time in nine quarters. However, conservative guidance was provided for the new fiscal year as market conditions in both the hunt and outdoor channel remain challenging.</p>
<p>The new add-on will ease the learning curve for beginners and add utility for seasoned riders.</p>
<p>The acquisition supports Hydrow’s mission to “expand as a whole-body health company by incorporating a critical modality to diversify its product lineup.”</p>
<p>The Retail Monitor uses actual, anonymized credit and debit card purchase data compiled by Affinity Solutions and does not need to be revised monthly or annually.</p>
<p>Topgolf Callaway Brands reduced its sales outlook for the year due to weakness at Jack Wolfskin and currency headwinds seen in the first quarter, but officials on an analyst call said that overall profitability came in significantly better than expected and its Topgolf and Golf Equipment segments are both positioned to accelerate growth in the second half.</p>
<p>Unifi, Inc. lowered its losses year-over-year in the fiscal third quarter ended March 31 as sales for the maker of recycled and synthetic yarns improved 9 percent.</p>
<p>Net sales for the 13-week fiscal quarter ended May 4, 2024 decreased 7.2 percent to $262.5 million compared to net sales of $282.8 million for the prior year 13-week fiscal quarter ended April 29, 2023.</p>
