EXEC: Beyond Yoga Revenues Climb 12 Percent in Q2 on DTC Momentum
Osprey and Hydro Flask Parent’s Home & Outdoor Segment Sales Retreat in Fiscal Q1
EXEC: Former Brooks CEO Jim Weber Highlights Key Leadership Traits
Report: Back-to-School Spending to Surge 17 Percent, Shopping Starts Earlier
EXEC: Trump Announces New Trade Deal with Vietnam
SGB Update
Card Vault by Tom Brady to Open New Collectibles Store Steps from Wrigley Field
Opening August 1, the new store steps from Wrigley Field, will feature a large selection of single cards, sealed boxes, authentic memorabilia, and exclusive Chicago Merchandise.
Next Level Apparel’s Debt Ratings Downgraded by Moody’s
Moody’s lowered the debt ratings of YS Garments LLC, doing business as Next Level Apparel due to refinance risk associated the Torrance, CA-based clothing company’s revolver due February 2026 and its term loan due August 2026.
Bombas Promotes Jason LaRose to CEO
Jason LaRose, president and former Under Armour executive, was promoted to company CEO. Co-founder David Heath becomes executive chair. LaRose is responsible for expanding Bombas beyond direct-to-consumer, with only 7 percent of revenues currently coming from wholesale.
PickleRage Signs Three New Franchisees, Continues Nationwide Expansion
The latest franchise locations include Western Wayne County, MI; Union County, NJ; and Hillsborough County, NH. PickleRage indoor facilities cater to casual and competitive play.
Kohl’s Appoints JD Sports Exec as Chief Digital Officer
Arianne Parisi, most recently chief digital officer for JD Sports Fashion Plc, has been named the retailer’s chief digital officer. Starting on July 28, Parisi will join the company’s executive leadership team and report directly to Interim CEO Michael Bender.
SGB Executive
EXEC: Fila Brand Delivers MSD China Retail Growth in Q2 for Anta Sports
Retail sales, in retail value, for the Fila brand in China increased in mid-single digits year-over-year in the second quarter, a moderation from the high-single-digit trend in the first quarter.
EXEC: Li Ning Posts LSD Growth in China Retail Sales in Second Quarter
The Offline channel, which includes retail and wholesale, registered a low-single-digit increase. Retail (direct operation) declined by mid-single digits, while Wholesale (franchised distributors) increased by low-single digits. The E-commerce channel registered mid-single-digit growth.
EXEC: JD Sports Fashion Reports Exit of Non-Executive Board Director
Helen Ashton, a non-executive director of the company’s Board of Directors and chair of the Board’s Audit and Risk Committee, has reportedly notified the company of her intention to step down to focus on other commitments.
EXEC: Ciele Athletics Partners with Topsports for China Retail Launch
Ciele will soon open its “official online flagship stores” in China and activate offline channels to reach the country’s fast-growing running community.”
EXEC: Beyond Yoga Revenues Climb 12 Percent in Q2 on DTC Momentum
The company’s sales rose 11.9 percent to $36.8 million in Levi Strauss & Co.’s fiscal Q2, ended June 1, boosted by a 30.1 percent growth in the DTC channel, thanks to new store openings.
