SGB Update Footwear

Mammut North America Appoints Director of Marketing
Emily Buck, formerly at The North Face and Under Armour, has been hired as Mammut’s director of Marketing for North America, expanding brand awareness and reach.

Revolve Group’s Q4 Profits Soar on 10 Percent Revenue Growth
Revolve Group Inc., the fashion e-tailer catering to Millennial and Gen-Z, reported earnings jumped 58 percent in the fourth quarter on a 10 percent revenue gain. Profits for the year grew 25 percent on an 8 percent gain.

Amer Sports Rides Arc’teryx and Salomon Again to Strong Q4 Growth
Arc’teryx segment revenues jumped 34 percent year-over-year (y/y) in the fourth quarter, while Salomon segment revenues increased 29 percent y/y, and Wilson Sports segment revenues grew 14 percent y/y in the fourth quarter.

Dillard’s Inc. Q4 Earnings Dip as Comps Decline 1 Percent
Dillard’s, Inc. reported earnings slid 5 percent in the fourth quarter as higher gross margins were offset by a 1 percent same-store sales decline and higher payroll costs. For the year, profits were down 3.9 percent on flat sales, flat gross margins and higher expenses.

Shawn Neville Tapped for Primaloft Chair; Eric Weis Named Company President
Compass Diversified has appointed Eric Weis, formerly with its BOA Technology subsidiary, to president of PrimaLoft, Inc., succeeding Anne Cassava. Shawn Neville, BOA’s CEO and a PrimaLoft Board member, has assumed the chairman role of PrimaLoft.

Saks Global Receives Final Approval on Bankruptcy Funding
Saks Global has secured approval from the U.S. Bankruptcy Court for its $1 billion loan, following the resolution of payment disputes with vendors and other creditors.

Eddie Bauer LLC Retains Real Estate Advisor in Store Liquidation Effort
Eddie Bauer, LLC, the operator of Eddie Bauer’s North American stores, which filed for bankruptcy on February 9, retained RCS Real Estate Advisors as its exclusive real estate consultant as it moves to liquidate its 175 stores in the U.S. and Canada.

Univ of Michigan Consumer Sentiment Index Improves for Third Straight Month
Americans’ view of the economy improved slightly in February despite inflationary concerns, according to The University of Michigan’s monthly survey. Joanne Hsu, Surveys of Consumers director, said, “All Index components posted insignificant movements this month; overall, consumers do not perceive any material differences in the economy from last month.”

National Ski & Snowboard Retailers Association Announces Changes to Board of Directors
The National Ski & Snowboard Retailers Association (NSSRA) has selected Phillip Howard of Troy’s Ski Lubbock (Lubbock, TX) as its new Secretary/Treasurer of the NSSRA Board of Directors and has made three additions at its annual Board meeting on February 17, 2026.

REI to Open New Store in Eugene, Oregon
The new store replaces REI’s original location on Lawrence Street, which opened in 1992. That location will close on Sunday, February 22. Both stores will be closed from February 22 to 26. The new store will have a soft opening on Friday, February 27.

Under Armour’s Debt Ratings Affirmed by S&P on Expected Profit Recovery
S&P Global Ratings affirmed its debt ratings of Under Armour as it expects debt leverage to be reduced and a “rebound in profitability” in the company’s fiscal 2027 year as it moves past restructuring costs, benefits from cost-saving initiatives and returns to growth.

Walmart Inc. Beats Q4 Expectations; Issues Weak EPS Guidance for Year Ahead
Looking ahead, the company issued guidance for fiscal 2027, with net sales expected to grow in the 3.5 percent to 4.5 percent range and Adjusted operating income to grow 6.0 percent to 8.0 percent, both in constant currency terms.

EBay to Acquire Depop from Etsy for $1.2 Billion
The transaction, which has been unanimously approved by EBay’s and Etsy’s Board of Directors, is expected to close in the second quarter of 2026, subject to the satisfaction of certain closing conditions and receipt of required regulatory approvals.

Play It Again Sports Parent Sees Q4 Revenues Climb 7.9 Percent
Winmark Corp., the parent of Play It Again Sports, reported revenues in the fourth quarter rose 7.9 percent to $21.1 million from $19.6 million in the same period a year ago. Net income was up 3.9 percent.

PGA Tour Superstore to Open in Northbrook, Illinois
PGA Tour Superstore has entered into a new lease for a 30,000-square-foot store in Northbrook, IL, to serve the North Shore and the greater Chicago region.









