Vince Holding Posts Mixed Results in First Quarter as DTC Declines
Wholesale segment sales increased 0.1 percent to $30.3 million compared to the first quarter of fiscal 2024, and direct-to-consumer segment sales decreased 4.4 percent to $27.6 million compared to the first quarter of fiscal 2024.
Study Highlights Opportunities for Brands Supporting Women’s Sports
A new study by women’s sports agency Parity finds that 68 percent of U.S. sports fans trust that female athletes believe in the products they are promoting. Of the respondents, 43 percent of female sports fans and 67 percent of those who frequently watch female sports said that a brand’s partnership with a female athlete makes them more likely to make a purchase.
Decathlon Opens First Running-Dedicated Store in France
Decathlon Running, approximately 1,700 square feet, sells Decathlon’s private-label brands, including Kiprun and Kalenji, as well as Hoka, Brooks, Asics, Saucony, Mizuno, and Salomon, in Bordeaux, France.
Hodgdon Powder Company Co-Founder JB Hodgdon Passes Away
With his brother Bob, JB Hodgdon continued the legacy of Hodgdon Powder Company started by his father and grew the company into the preeminent supplier of gunpowder and black powder substitutes for handloading and muzzleloading enthusiasts.
Amazon Extends Prime Day to Four Days
Amazon’s annual Prime Day sales event is scheduled for July 8-11, expanding to four days from two days compared to last year. The first Prime Day event began in 2015 with the goal of increasing Prime membership.
NABE Survey: Economy To Slow as Inflation Expected To Persist
The June 2025 NABE Outlook presents the consensus macroeconomic forecast of a panel of 42 professional forecasters. The survey, covering the outlook for the remainder of 2025/26, was conducted from May 27 to June 2.
Pure Hockey Continues Retail Expansion in Washington with New Seattle Store
The Seattle store, located at 401 NE Northgate Way, will host a grand opening on Saturday, July 12, 2025. The store is Pure Hockey’s third in the state, in addition to Tukwila and Lynnwood, WA.
Adidas Names New Managing Director of Adidas Korea
Marcus Morent began his career at Adidas in 2005 in the retail finance institutional sector for the EMEA (Europe, Middle East, Africa) region. He later led the retail and e-commerce businesses at Adidas Korea from 2014 to 2019, serving as VP of Latin America, DTC, and, most recently, as CEO of Adidas Colombia.
PickleRage Accelerates Nationwide Growth; Signs Five New Franchise Partners
The new franchise deals will lead expansion in key territories across Ohio, Michigan, Indiana, North Carolina, and Nevada, continuing the company’s expansion into both emerging and established markets.
Lowa Boots Names Trail Run Global Manager
Reinforcing Lowa’s broader commitment to the international growing trail segment, Samuel Grill was appointed as global category manager based at company headquarters in Jetzendorf, Germany.
Report: JPMorgan Raises $6.5 Billion to Fund Sale of Skechers
JP Morgan Chase & Co. plans to launch a $6.5 billion debt offering to support private equity firm 3G Capital’s acquisition of Skechers as soon as this week, sources told Bloomberg.
OrthoLite Subsidiary Cirql Expands European Presence Through Frasson Partnership
Under the agreement, Frasson is now Cirql’s certified official partner in the EU for the development and production of technical shoe components. Frasson will serve as a key supplier and approved EU development partner, manufacturer and OEM for Cirql, a subsidiary of OrthoLite, sub midsoles and outsoles.
Kicks Crew Secures Investment from Dwyane Wade and D’Angelo Russell
The partnership comes as Wade showcased Russell’s debut signature sneaker, the DL, last month, marking the first athletic-specific shoe under his “Way of Wade” brand umbrella. The two will also serve as ambassador athletes for the platform.
Under Armour to Offer $400 Million in Senior Notes
Proceeds will be used to help redeem, repurchase, repay, or otherwise retire all $600 million in aggregate principal amount of its outstanding 3.25 percent senior notes due 2026.
Solo Brands Restructures Debt, Removes “Interim” from John Larson’s CEO Title
The parent of the Solo Stove, Chubbies, Isle and Oru brands reallocated and restructured its debt under a JPMorgan Chase Bank Credit Agreement to provide a revolving credit facility; a new term loan facility; and the pay-down of revolving loans and existing term loans outstanding as of June 13, 2025.
