The company, which acquired Vista’s Kinetic Group in November 2024, reported that based on unaudited preliminary management accounts, revenue, operating EBITDA, and operating EBITDA margin for the five months ended May 31, amounted to €2.3 billion, €631.8 million and 27.3 percent, respectively.
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EXEC: Wall Street Remains Skeptical of Any Nike Recovery in Fiscal Q4
Analysts expect Nike, Inc. will meet or exceed conservative guidance when it reports earnings for the fiscal fourth quarter ended May 31 on Thursday evening, June 24; however, results will again be well below year-ago levels.
EXEC: Switchback Spring 2025 Through the Eyes of the Industry
Sights and sounds from the inaugural Switchback Spring event in Nashville, Tennessee, featuring photos from show attendees, exhibitors and Outdoor Industry Association.
JD Sports Opens First Canadian Flagship
The Robson Street store is JD’s first exterior street-front location in Canada and features the largest LED display in JD’s Canadian footprint, a DJ booth, and shop-in-shops for Nike, New Balance and Adidas brands.
Revelyst Closes Bushnell Factory Outlet in Kansas
The parent of Bushnell, closed the brand’s factory outlet in Lenexa, KS, after 25 years in operation. Last year, Revelyst also closed Bushnell’s HQ in Overland Park, KS, and consolidated many of its outdoor performance brands into one office in Bozeman, MT.
Belgian Cycling Factory Retains New International Distributors
The owner of bike brands Ridley, Eddy Merckx, Nukeproof, and Aeres, signed with several new distribution partners across Europe, the Middle East, the Americas, and Asia.
EXEC: Bain Study Sees Luxury Sector Facing Soft Second Half
Luxury consumption is expected to contract 2 percent to 5 percent for the year, according to a recent report from Bain & Company, across key luxury categories, as price fatigue and macroeconomic turbulence continue to weigh on consumers
EXEC: Switchback Spring Brings Energy Back to a National Outdoor Show
While energy was high and attitude was positive, the show, unfortunately, did not escape the usual backroom banter and aisle talk about the venue’s few shortcomings, particularly about timing. Diversified will need to be cautious about whom they listen to and the motives of those pushing in each direction, as the outdoor industry risks a déjà vu event with this new potential gem.
Two For the Birders: Nocs Provisions’ New Spotting Scopes
Outdoor optics brand expands with 56mm Lite View and 85mm Long View Scopes
Seaguar Makes New Appointments on Sales and Marketing Teams
Seaguar has appointed Christopher Rosella to assistant sales manager and John Whelan to assistant marketing manager. Both “bring new perspectives and add an exciting level of enthusiasm to the Seaguar business.”
Tom Brady Unveils Hall of Excellence at Fontainebleau Las Vegas
The first-of-its-kind museum features artifacts celebrating the moments, milestones, people, and plays in sports that have inspired generations. It officially opens to the public on Friday, June 20.
S&S Activewear’s Debt Outlook Lowered to Negative on Promotional Industry Softness
S&P Global Rating reduced its outlook on S&S Activewear to negative as the imprintable apparel distributor has underperformed the rating agency’s EBITDA and free operating cash flow (FOCF) expectations since the acquisition of Alphabroder in the second half of 2024, due largely to continued softness in the promotional products industry.
Brownells Mourns the Passing of Frank Brownell, III
Long-time family patriarch Frank Brownell, who held the positions of president, CEO, and chairman of the Board at Brownells. Brownell passed away in Grinnell, IA, on June 18, 2025, after a lengthy illness. He was six days shy of his 86th birthday.
EXEC: Rip Curl Inches Up, Oboz Sinks for Parent KMD’s YTD Period
Rip Curl global direct-to-consumer sales continued to grow year-over-year (YOY) through the second half of fiscal 2025 to-date, with strong comparable sales results in North American flagship stores.
Branded Bills Expands Sales Team; Opens New Headquarters
The company added three account reps in the Northeast (Jeff Dibona), Midwest (Dan Giedemeyer) and West Coast (Griffin Stoddard). The new Tempe, AZ headquarters consolidates warehouse, production, sales, and creative operations.
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