AAFA Leads Coalition Urging Trump Administration to Remain In International Labour Organization
The American Apparel & Footwear Association (AAFA) led a coalition of trade groups in delivering a U.S. business community letter to United States Secretary of State Marco Rubio urging the government to maintain funding and active participation in the International Labour Organization (ILO)
Nike To Be Kicked off the S&P 100 on September 21
Nike Inc. will be removed from the S&P 100 index as part of a “quarterly rebalance” designed to keep the index representative of the largest U.S. mega-cap companies by market capitalization.
Fanatics Collectibles Names President, International
Fanatics Collectibles appointed Zohar Ravid as president, international, a newly created position to guide the segment’s international business. The appointment comes as Fanatics secured an exclusive collectibles partnership with FIFA this past May.
Archery Trade Association’s CEO Jeff Poole to Retire
The Archery Trade Association, which operates the ATA Show, announced that CEO and President Jeff Poole will retire on January 31, 2027, concluding five years of leadership at the helm of the archery and bowhunting industry’s trade organization.
Mathews Archery Announces Transition to Employee Ownership
Mathews Archery, based in Sparta, WI, officially transitioned to employee ownership as it reaches its 35th year in business.
Digital Brands Group Finds Financial Lifeline through New Apparel and Footwear Categories
The guaranteed cash flow stems solely from the first two markets of a larger $165 million U.S. Program over the next two years. This expansion was said to be driven by the addition of new apparel and footwear categories.
Academy Sports Hires Chief People Officer
Academy Sports + Outdoors, Inc., appointed Matt Pasch, formerly at Burlington Stores, to the role of EVP and chief people officer. He succeeds Bill Ennis, who recently retired.
American Outdoor Brands Sales Climb 25 Percent in Fiscal Q1, Ups EBITDA Guide
The first quarter performance reportedly reinforces the confidence in the company’s expectations for the year. AOUT is maintaining our full-year guidance for net sales of $200 million to $210 million, and increasing the Adjusted EBITDA guidance to $14.5 million to $17.5 million.
Smith & Wesson’s Fiscal Q1 Sales Jump 32 Percent
Smith & Wesson Brands, Inc. reported that sales jumped 32 percent in the fiscal first quarter ended July 31. Operating earnings on an adjusted basis nearly doubled due in part to tariff refunds.
Lands’ End Reports Improved Profitability Under WHP Leadership, Sees Modest Q2 Sales Gain
The vertical omni-channel retailer said results for the quarter came in at the lower end of guidance and consequently slightly lowered its full-year outlook for sales and operating profits. Adjusted earnings of 9 cents a share compared with earnings in the range of 6 cents to 16 cents.
Dick’s SG’s Debt Ratings Outlook Cut on Foot Locker Weakness
S&P Global Ratings lowered its debt ratings outlook on Dick’s Sporting Goods after the retailer reported second-quarter results that came in lower than expectations due to “a highly promotional environment from industry-wide inventory build-ups across key brands and fewer footwear launches, which affected its Foot Locker business.”
Lululemon’s Shares Take a Dive After Missing Top-Line Estimates, Slashing FY Guidance
The missed expectations on the revenue line in the second quarter and reduced revenue and earnings guidance for the year sent LULU shares down in the mid-teens in after hours trading on Thursday, September 3. Total net revenue decreased 4 percent, or down 5 percent on a constant-dollar basis, for Q2 versus the year-ago quarter.
Hoboken’s Stan’s Sport Center’s Retail Store to Close After Eight Decades
The retailer, a Hoboken institution for eight decades, will close its retail storefront at 528 Washington St., although the business will continue providing schools, teams and organizations with uniforms and gear throughout the region.
Bain Envisions U.S. Holiday Retail Sales Exceeding $1T for the First Time
Bain & Company predicted U.S. retail sales over the upcoming November-December holiday shopping season to increase 4.5 percent year-on-year (YoY), well ahead of a 3.5 percent YoY rise recorded in the 2025 holiday season and topping $1 trillion for the first time. The consultancy noted taht more than half of the nominal sales growth will come from higher inflation and most new growth will come from online selling.
Genesco Inc. Beats Expectations for Q2 with Fewer Stores, Lower Costs and Improved GM
The parent company of Journeys, Schuh and Johnston & Murphy said it delivered second quarter bottom line results that were significantly better than last year and well ahead of internal expectations. Sales were said to be “in-line” with analysts’ expectations for the quarter.
