EXEC: Nike Shares Dip as Outlook Challenges and Timelines Give Analysts Pause
EXEC: The Apparel Brands Bringing the Brand Heat in 2025
Academy Sports & Outdoors Beats on Q4 Bottom Line; Looks Ahead to Jordan Launch
EXEC: Wall Street Lays Out Expectations Ahead of Nike’s Fiscal Q3 Results
EXEC: Saucony and Merrell Grow 57 Percent in China in 2024; Saucony Hits Benchmark
SGB Update
Snipes Names Under Armour Vet as New Chief Marketing Officer, U.S.
The global street culture brand reported that Kelley Walton will lead the marketing organization in the U.S. to include all budget and marketing functions aligned with the company’s long-term vision
Authentic Brands Group Appoints Former Disney Exec as EVP, Head of India
Sanjeet Mehta will oversee the company’s strategy in India, focusing on expanding brand presence, forging strategic partnerships and driving revenue growth, working with Henry Stupp, regional president of the EMEIA.
Lids Opens Lids HD Store in LA’s Cerritos Mall
Lids’ HD store concept caters to headwear enthusiasts and consumers who are starting to build their collections by leaning toward exclusive and limited-edition hat drops.
Academy Sports & Outdoors Beats on Q4 Bottom Line; Looks Ahead to Jordan Launch
The company expects the first quarter to be the most challenging from a sales and earnings per share prospective as they plan to open five stores and transition to the new Jordan floor set but see the back half of the year to be stronger than the first half.
Strong Pilates Entering U.S. Market with New Partner and Plans for 155 Studios
The Australian-based high-intensity Pilates concept is expanding into the U.S. with plans to open multiple studios this year and a second global HQ in Hermosa Beach, California.
SGB Executive
EXEC: Nike Shares Dip as Outlook Challenges and Timelines Give Analysts Pause
Analysts were optimistic about the “Win Now” initiatives outlined by CEO Elliott Hill, but many shared concerns that the path ahead is likely to be long and volatile, pushing into the 2026 fiscal year, which commences in July 2025.
EXEC: The Apparel Brands Bringing the Brand Heat in 2025
The Third Annual Brand Heat Index from L.E.K. Consulting identified the brands to have gaine in popularity, or increasing brand “heat,” across major product categories and generations in women’s and men’s footwear and apparel.
EXEC: Wall Street Lays Out Expectations Ahead of Nike’s Fiscal Q3 Results
Margins are a concern in the near term, given the need for Nike to liquidate inventory. While the company continues to pull back promotions on its website, outlet stores will continue to see increased pressure.
EXEC: Sports Direct Parent to Make Another Run at Nordic Retailer XXL ASA
It appears that Frasers Group plc (Frasers), the UK-based parent of the Sports Direct global sporting goods retailer, is making another run at Norway-based sporting goods retailer XXL ASA.
EXEC: Saucony and Merrell Grow 57 Percent in China in 2024; Saucony Hits Benchmark
In 2024, revenue from the combined Merrell and Saucony brands segment realized a year-over-year growth of 57.2 percent, accounting for 9.2 percent of the Group’s total revenue.
