EXEC: Thule Gets Shot in the Arm from Resurgent Bike Business in Q1
EXEC: Columbia Using Temp Stores to Offload Excess Goods as it Fights to Right-Size
Report: Sporting Goods Manufacturers’ Sales Grew 4.2 Percent in 2023
EXEC: Mips Continues to Turn the Business Around in Q1 After Tough 2023
EXEC: Ahead, Craft, Cutter & Buck Parent Sees Sales Decline Cut into Bottom Line
SGB Update
Fischer Sports Recalls RC4 Junior Ski Boots Due to Fall Hazard
This recall involves RC4 50, RC4 60 and RC4 65 Junior Ski Boots in sizes 21.5 to 27.5. The RC4 50 and RC4 60 sold in Rhino Grey and Snow colors.
Skechers Opens First Concept Store In Brussels
Skechers expanded its retail presence across Belgium with a new 5,270-square-foot store showcasing the brand’s footwear, apparel and accessory collections.
Birkenstock Opens First Flagship in Mumbai
Celebrating 250 years of tradition in shoemaking in 2024, Birkenstock opened its first flagship store in Mumbai, marking its commitment to the region.
SGB Executive
EXEC: Thule Gets Shot in the Arm from Resurgent Bike Business in Q1
In the Americas, the recovery of the cycling market boosted bike-related products sales, but Packs, Bags & Luggage category sales declined due to “significantly lower” sales of legacy products that are phasing out gradually.
EXEC: Columbia Using Temp Stores to Offload Excess Goods as it Fights to Right-Size
While the company is focused on improving the Columbia, Sorel and Prana businesses through investments in innovation and marketing, the company only has to look as far as its Mountain Hardwear brand and new leadership and direction to see early results of similar efforts.
EXEC: Mips Continues to Turn the Business Around in Q1 After Tough 2023
For the consecutive second quarter, Mips delivered growth in the Bike sub-category and has seen inventory levels of helmets with consumers and retailers returning to healthier levels.