Yeti Issues Stop Sale On Three Products Due To Safety Concerns

Yeti Holdings, Inc. implemented a global stop sale of its Hopper M20 Soft Backpack Cooler, the Hopper M30 Soft Cooler, and the SideKick Dry Gear Case.

Yeti identified a potential safety concern—the magnetic closure on the products could fail and release magnets, posing injury or death if the magnets were ingested.

Yeti said in an SEC filing that it is not aware of any reported injuries, but the company said the safety of its customers and the quality of its products were of utmost importance.

The company notified the U.S. Consumer Product Safety Commission and other global regulatory authorities on appropriate next steps.

Yeti Issues Stop Sale On Three Products Due To Safety Concerns

SGB Executive

EXEC: Athleta Sees Benefit of Parent Investments as Positive Comps Return

EXEC: Colt CZ Sees U.S. Recovery in Handguns; Long Guns Outpace Total Growth

EXEC: JD Sports Expects Full Year Profit at Lower End of Forecast on Weaker Comps

EXEC: Target Corporation Shares Hit New Low After Q3 Miss, Disappointing Guidance

EXEC: Wilson Sports Business Returns to Double-Digit Growth in Q3; Bolsters Owned Retail

EXEC: Salomon Gets New CEO as Growth Moderates in Q3 on Weaker Equipment Business

EXEC: Arc’teryx Outperforms Once Again in Q3 Despite Tough 2023 Comps

EXEC: Amer Sports Sees Sharp Contrast Between West and East in Q3; Provides China Update

EXEC: Scottish Retail Industry Urges Consumers to be Considerate this Christmas Season

EXEC: Rip Curl and Oboz Parent Reports Strong DTC Sales in Fiscal Q1; Looking Cautiously to Holiday

EXEC: Safilo Saw Smith’s Q3 Performance Hurt by Still Cautious U.S. Market Environment

Rig Footwear Expands Sales Channels in East Asia Region

New StockX Report Sees Performance Footwear Now Dominating Demand

EXEC: Thule Group Set to Acquire Aussie Phone Mount Company

EXEC: Giant Group Continues Downward Spiral in October; Fails to Offset Sharp 2023 Decline