October 25, 2023
The down-under parent of Rebel Sport and the BCF and Macpac outdoor banners saw a 4% increase in sales for the first 16 weeks of FY24, with overall comps up 2% lapping last year’s 20% jump over the prior year’s Covid restrictions.
SKX is stepping onto the court with the launch of two mid-top basketball shoe styles next week, the SKX Resagrip and SKX Float.
The ratings agency maintained VSTO’s Ba3 corporate family rating and B1 senior unsecured notes rating, but lowered its speculative grade liquidity rating to SGL-2 from SGL-1 on concerns the ammo business sale to Czechoslovak Group might not go through.
The Chinese sportswear brand reported that retail sell-though of the core Li Ning brand improved mid-single digits year-over-year, including high-singles from brick-and-mortar and a low-singles decline from e-commerce.
The parent of Solo Stove, Chubbies and other outdoor brands confirmed that it is on track to meet full-year revenue guidance for between $520 and $540 million, with the middle of the range the most likely outcome.
The Winchester parent has agreed to pay $630,000 in back wages and interest to resolve discrimination allegations against 286 black individuals and women who applied for Adjuster II positions from 2017 through 2019 at its Oxford, MS, plant.
National Park recreational visits declined by 1% to 30,444,523 from 30,877,727 last month, despite warmer than average temperatures across the U.S., while year-to-date visits are 2% higher at 254,833,394 up from 249,238,289.
The customizable team uniform and fan gear apparel maker filed a trademark infringement suit in E. NY district court against DKS over its Calia brand logo that resembles the “Wooter” mark.