SGB Update Apparel
On Holding AG Beats Top-Line Estimates for Q2 but Swings to Net Loss; Raises Full Year Guidance
ONON shares were up more than 10 percent in pre-market trading on Tuesday, August 12, after the company delivered another record quarter for net sales, combined with significant increases in EBITDA in the 2025 second quarter while suffering a net loss in the period compared to net income in the year-ago quarter.
Bass Pro’s Debt Rating Outlook Cut To Negative on Soft Boat Biz
Moody’s lowered its ratings outlook on Great Outdoors Group to negative from stable due to weaker-than-expected operating performance, largely in its boating business, which is a “result of increased industry promotional activity amid soft consumer demand for boats.”
VF’s Former CFO Joins Ibotta
Matt Puckett, the former CFO of VF Corp., will join the Denver, CO-based Ibotta, Inc., a digital promotions platform, as CFO, effective August 25.
Rural King Opens Eleventh Pennsylvania Store – in Indiana
The family-owned retailer, dedicated to the rural lifestyle, has opened its 11th Pennsylvania store in Indiana, PA, home to Indiana University of Pennsylvania. The retailer will host a grand opening from August 15 to 17.
Scheels to Open Second Oklahoma Store; Seeking Financial Incentives for OKC Store
The retailer will officially open a 300,000+ sf store in Oklahoma City in the Spring of 2028. The city’s Economic Development Trust unanimously approved an $8 million funding agreement to support the development of the store, pending approval. Scheels opened a store in Tulsa last year.
CNBC/NRF Report Sees July Retail Sales Recover; Sporting Goods Sector Momentum Continues
Sporting Goods stores jumped 9.9 percent year-over-year (y/y) unadjusted in July, accelerating from an 8.5 percent y/y gain in May. Clothing, Footwear, Accessories, and General Merchandise were also among the channels with accelerated growth. Overall core retail sales were up 5.93 percent y/y, up from an increase of 3.36 percent in June.
Pickleball Kingdom Franchise to Open in South Brunswick, New Jersey
Yashraj Kurani. also has a location open in Hamilton, NJ, with additional locations in Watchung and Tinton Falls scheduled to open this winter. An IT professional, is also a competitive pickleball player with a background in racquetball and badminton.
Canada Goose Announces Election of Directors
All nominees for election as directors listed in the company’s management information circular dated June 18, 2025, were elected by a majority of the votes cast by shareholders who were virtually present or represented by proxy.
Vuori Expects to Surpass 100-Store Milestone Sooner; Opens Aspen Location
Vuori reported last week that it will surpass its goal of opening 100 retail locations by 2026 with the opening of its latest store in Aspen, CO, on August 8.
Report: Tariffs Expected to Dampen Import Cargo Levels from 2024
“The hither-and-thither approach of on-again, off-again tariffs that have little to do with trade policy is causing confusion and uncertainty for importers, exporters and consumers … not raising them.” —Hackett Associates Founder Ben Hackett
Recall: Fieldsheer Heated Socks
About 45,000 pairs of Fieldsheer Heated Socks are being recalled. According to a media release from the U.S. Consumer Product Safety Commission, the socks can cause pain and discomfort, resulting in burns and blisters when worn during high-intensity activities.
Nordstrom NYC Hosts Nike Running @ The Corner
The shop is part of an ongoing series of pop-ups and brand takeovers at the Nordstrom NYC Flagship in a dedicated space on the corner of 57th and Broadway.
The Buckle Continues Comeback as Fiscal July Comps Surge Double Digits
Net sales for the month increased 12.3 percent to $110.8 million from net sales of $98.7 million for the prior-year fiscal month ended August 3, 2024. Comparable store net sales for the 4-week period ended August 2 increased 11.0 percent year-over-year.
HanesBrands Lifts Outlook On Robust Margin Improvement In Q2
HanesBrands Inc. raised its outlook as its transformation efforts is driving higher margins and operating efficiencies. On an organic basis, sales for the parent of Hanes, Maidenform, Bali and and Australia’s Bonds innerwear brand were flat.
Gildan Partners With S&S Activewear on Distribution Deals for Imprintables Channel
Gildan has granted S&S Activewear exclusive wholesale distribution rights to its American Apparel brand for the U.S. imprintables market. It also reached an agreement for S&S to become the exclusive wholesale distributor of its brand portfolio, which includes Gildan, Comfort Colors, American Apparel, and Champion, in the Canadian imprintables market.
