July 12, 2024 Global Casual Footwear Market Dips Slightly in 2023
Despite 4.7% growth in non-U.S. markets, the international branded casual footwear market slipped 0.6% last year to nearly $16.7 billion. Asics Hikes Sales and Earnings Guidance after Stellar H1
The Japanese sneaker and apparel brand has been on a roll so far this year, helped by increasing brand heat boosted by the weak yen that has sent reported international sales soaring. Nike Taps O.G.’s To Accelerate Rebound
The Eager Beavertons appointed former president and COO, Tom Clarke, as senior advisor on strategic growth initiatives, from his most recent role as president of advanced innovation. 361 Degrees Sees Solid Q2 Growth
The Chinese sportswear brand’s brick-and-mortar retail sales of core branded products were up approximately 10% in the second quarter compared to last year.
Handgun imports declined again in Apr., according to ITC data compiled by the NSSF, dropping 9% to 322,266 units, including a 13% decline in pistols to 278,655 units, while revolvers were up 24% to 43,611 units. Decathlon Launches Investment Subsidiary
The world’s largest sporting goods retailer has created Decathlon Pulse, an investment vehicle that will provide seed funding for startup businesses, invest in innovative companies and acquire brands and supply chain providers. SilencerCo Buys Zev Technologies
SilencerCo has acquired certain business operations of firearms and parts maker Zev Technologies for undisclosed terms. Man Pleads Guilty to Dick’s Insider Trading
Frank Poerio pleaded guilty to four counts of using sensitive non-public information he obtained from a DKS staffer to engage in hundreds of trades on the NYSE between Aug. 2019 and May 2021 that netted him more than $1 million. Etcetera: Bass Pro Shops, Canada Goose, Deckers, TAG Precision, Amer Sports
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