July 29, 2024 Grupo SBF Returns to Profit in Q2
The bottom line inked BRL 228,917,000 ($43.5 mm) in black against last year’s BRL 32,581,000 loss on revenue that was up 8% to BRL 1,713,937,000 ($325.6 mm) from BRL 1,593,145,000 after excluding inter-group eliminations and returns. Macron Sales Jump 19% in First Half
The Italian sportswear brand posted revenues of €93 million in the first half of 2024, representing a 19% increase year-over-year, driven by 24% growth in its three main European markets – the UK, Italy and Spain.
The bike and winter sports company tapped Jake Dudek as chief operating officer, as the brand aims to refocus on the U.S. market. New Bill Targets Chinese “Trade Crimes”
The Protecting American Industry and Labor from International Trade Crimes Act is a bi-partisan bill introduced in the House of Representatives by its Select Committee on the Chinese Communist Party. Camber Outdoors Will Shut Down
The diversity, equity, and inclusion-focused national nonprofit that has served the outdoor industry will cease operations in Aug. as more companies bring DEI resources in house or use consultants. Under Armour Hit with Pricing Suit
Under Dog is being sued by Mark Williams and Pamela Cho in a proposed class action filed in CA district court accusing the company of deceptively advertising prices on merchandise for sale in its outlet stores and e-commerce outlet. Etcetera: Bass Pro, REI, Reebok, Mykos, PXG Golf
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