March 04, 2025 On Running Guides for At Least 27% Sales Growth
Lapping last year’s currency headwinds, ONON’s net income was CHF 89.5 million ($101.7mm) in the final quarter against a loss of CHF 26.8 million, as revenues jumped 36% to CHF 606.6 million ($689.3 mm) from CHF 447.1 million and would have been up 41% constant currency. Skechers Turns to Experience for Tariff Strategy
If necessary, SKX will turn to its past playbook to manage the rapidly evolving tariff situation, CFO John Vandemore said at the Raymond James Conference, with Skechers in a position to absorb the initial slate of levies from the second Trump administration.
Parent Weyco reported that Bogs sales declined 17% in the final quarter, as anticipated at-once demand failed to materialize due to persistent warm, dry weather. Fenix Buys Merino Wool Apparel Brand
Fenix Outdoor has inked an agreement to acquire a 65% stake in Devold for €35 million ($37.2 mm) from Norwegian-based Flakk Group, which will maintain a 35% stake. Kontoor Outlook Negative on Helly-Hansen Acquisition, S&P Says
S&P Global revised KTB’s outlook to negative due to the debt load it will take on to fund the HH deal, raising its S&P-adjusted leverage to above 3x, which could trigger a future downgrade.
NSSF’s adjusted NICS checks fell 9% to 1,222,980 in Feb. compared to 1,343,478 a year ago, a reversal of the 0.9% improvement in Jan. to start the year, as macroeconomic headwinds contributed to a new “Trump Slump” in gun demand. Perfect Moment Adds to Product Team
The luxury skiwear and lifestyle company appointed three more former Canada Goose execs, naming Rui Morgadinho as head of production & quality assurance, Samantha Argotti as head of product, and Angela Sobral as head of sourcing.
Sports & Fitness Industry Association hired veteran policy and strategic communications executive Bonnie McLaughlin as VP of external affairs & industry relations, overseeing all communications and marketing. Etcetera: L.L. Bean, S&S Activewear, True Spec Golf, Eylar Cases
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