Nike, Inc. continues to face headwinds in its turnaround efforts, including an estimated $1 billion hit from tariffs. However, the company’s first-quarter guidance came in better than expected. Nike officials told analysts that its steps to reengage wholesale partners are paying off, with holiday bookings up. Shares of Nike in mid-day trading Friday, June 27, were up about 17 percent.
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RV Industry Association Sees Age Demographics Trend Lower in New “Intenders” Report
According to the RV Demographic Profile of Intenders, 73 percent of near-term RV intenders are under age 55, and 34 percent live in urban areas. The segment is also becoming more multicultural, with 32 percent identifying as African-American, Asian-American, Hispanic, or LGBTQ+.
General RV to Carry Blaupunkt EBikes at Nationwide Supercenters
The largest RV dealership in the U.S. will now carry Blaupunkt ebikes available in all 26 of their stores, solidifying its position as the official ebike retailer in the RV channel.
StadioBike Adds to Ownership Team to Help Drive New Bicycle Racing Format
Kristin Labonte, a former national masters champion in the individual time trial, criterium, and road racing disciplines, is the managing partner of Breaking Limits, a sports marketing agency. James Pope is a globally respected event architect with over two decades of experience creating and scaling marquee cycling events.
EXEC: Sport Obermeyer CEO Kris Kuster Talks Year ‘Round Mountain Opportunities in Ski, Hunt & Fish
Kris Kuster, Sport Obermeyer’s new CEO, spoke with SGB Executive about the opportunities he sees for the company in targeting female hunters and anglers, as well as plans to introduce fashion-forward capsules, including those connected to Obermeyer’s hometown of Aspen, the revamp of its online presence, and the impact of tariffs. Kuster also spoke about the impossibility of replacing Klaus Obermeyer.
FDRA Elects New Board Leadership for 2025/27 Term
The newly elected leadership for the 2025–2027 term includes Josue Solano, CEO of BBC International, as Board chair; Dan Friedman, chief sourcing and supply chain officer at Caleres, as vice chair; and Lisa Tucker, president of Shoe Show, Inc. as treasurer.
U.S. Squash President To Step Down
The national governing body and membership organization for the sport in the U.S., announced that Kevin Klipstein, president and CEO, will step down at the close of the year, marking the end of a twenty-year tenure.
Nosler Partners with Phelps Game Calls
Founded by lifelong hunter Jason Phelps, the company is known for making performance calls for elk, deer, turkey, and predators, designed with a focus on tone, durability and realism.
GCOOS Develops New Open-Source Tool for Accessing Ocean Data
A new open-source tool released by GCOOS connects AI assistants to scientific data servers, allowing oceanographers, climate researchers, marine scientists, and the public to access vast databases of ocean information.
Adidas Appoints New GM for India
Vijay Chauhan, most recently SVP International at American Eagle Outfitters, joins Adidas as GM for India, effective August 1. He will succeed Neelendra Singh, who is stepping down after over two decades with the company.
SIA Announces 2026 Regional and Global Summit Dates
Global Summit set to enhance industry collaboration
Bobs From Skechers Awards Paws for a Cause Design Scholarships
The philanthropic brand commemorates 10 years of its animal lifesaving mission with new Paws for a Cause scholarship winners’ styles, pet adoption events, grant donations, and register round-ups for shelter pets in need.
Wolverine Worldwide Appoints Sales Leader, Work Group
Jim O’Connor previously held executive roles at Timberland Pro, Shoes for Crews and Lands’ End. Wolverine’s Work Group includes Bates, Cat Footwear, Harley-Davidson Footwear, Hytest, Wolverine Boots & Apparel.
Survey: Footwear Execs Expect DD Jump in Landed Cost in H2; See Tariff Pass-Through
The Q2 FDRA survey conducted among footwear executives showed that a vast majority of industry leaders expect footwear prices to rise by more than 5 percent this year, with 60 percent anticipating a double-digit surge in the landing cost of footwear due to tariffs in the second half.
CCM Hockey Receives Investment from Minority Stakeholders
Global hockey brand CCM has been at the forefront of hockey since 1899. Seven7, LLC, the Stamford, CN-based investment firm, has co-invested with Nordic private equity firm Altor in the previously announced acquisition of CCM.
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