SGB Update

Outdoor Rec a ‘Valuable Asset on America’s Balance Sheet’

A new report, “Outdoor Recreation on Federal Public Lands & Waters: A Valuable American Asset,” released by the Outdoor Recreation Roundtable (ORR), presents a view of how federally funded public lands and waterways fuel the U.S. economy.

Puma Shifts to Licensing Model for Socks and Underwear in the U.S. and Canada

Puma confirmed it has transitioned from a business partnership to an exclusive licensing agreement structure with its long-term partner, United Legwear Company, LLC, enabling the company to sell Puma-branded product, primarily socks and underwear, as well as kids’ apparel and accessories, in the U.S. and Canada.

Adobe: Holiday Spending Drives E-Commerce Sales Ahead 8.2 Percent in October

Enticed by early holiday deals, U.S. consumers spent $88.7 billion online in October, up 8.2 percent year-over-year, according to Adobe’s latest Analytics e-commerce data for the month. Mobile drove the majority of online spend with a 51.4 percent share ($45.6 billion, up 11.6 percent year-over-year) compared to desktop shopping.

Luli Fama Opens Fifth Store at Dadeland Mall in Miami

Located between the Apple and Pura Vida stores, Luli Fama’s new 1,667-square-foot store marks a strategic expansion into Miami’s luxury retail landscape, while celebrating the community that has shaped the brand globally.

The Buckle’s October Sales Climb 5 Percent

The Buckle, Inc. announced that comparable store net sales for the 4-week period ended November 1, 2025, increased 5.1 percent year-over-year. Net sales increased 6.0 percent to $93.2 million from $87.9 million a year ago.

On Opens First Stores in South Korea

On running opened its first two stores in Seoul, South Korea. The first is in the Hyundai Seoul department store, and the second is in the Lotte World Mall Jamsil. The decision to enter South Korea’s retail market is based on “sustained momentum in the AAC region.”

The Lycra Company Opens Largest Global Production Facility in China

The Lycra Company, manufacturer of fiber solutions for the apparel and personal care industries, has opened its largest spandex production plant — the Lycra fiber (Yinchuan) plant — in Ningxia Province, China, and its largest investment in the Chinese market.

October Retail Sales Show Growth Ahead of Holidays

Total retail sales, excluding automobile dealers and gas stations, were up 0.6 percent seasonally adjusted month over month and up 5 percent unadjusted year-over-year in October, recovering from a decline in September, according to the CNBC/NRF Retail Monitor.

Perfect Moment Opens First Owned Retail Store

London-based Perfect Moment, Ltd. opened its first wholly owned retail store on November 5 in Verbier, the gateway to the 4 Vallées ski area destination in south-western Switzerland.

Saltwater Fishing Brands Combine Under New Entity

A group of investors led by Big Rock Sports Chairman Adrian Holler and Crystal Ridge Partners’ Jack Baron has formed Open Water Brands, a limited liability company that combines several saltwater fishing brands, including brands such as Clarkspoon, Sea Striker, Star Rods, Got-Cha, Calcutta, Billfisher, Krok, Beach Runner, Contour, and Nungesser.