March 05, 2025 Adidas Finishes Double-Digit Year with Big Holiday Quarter
After posting 12% currency-neutral growth last year, The Big A is guiding for a more modest high-single-digit improvement in 2025 but cautioned that new tariffs and the resulting inflation and uncertainty would pose a significant headwind to U.S. consumer demand. Foot Locker Returns to Positive Comps in Q4
Big Foot’s ongoing Lace Up plan and cost optimization efforts drove fourth-quarter results ahead of guidance as the bottom line swung back to $49 million in income against last year’s loss of $389 million, while sales ticked down 6% to $2,248 million from $2,384 million but posted a +2.6% comp. Rapala VMC Profits Bounce Back
The Finnish fishing brand ended 2024 in the black, tallying a gain for the full year of €0.4 million ($0.4 mm) against a loss of €7.3 million, on flat sales of €220.9 million ($235.0 mm) against $221.6 million, up 1% constant currency.
Brent Scrimshaw will take over from Michael Daly as CEO of the Kathmandu, Rip Curl, and Oboz parent, effective Mar. 24, in a planned transition that was first announced last Oct. Adidas Tangles with Fashion Nova Again
The Big a is once again suing the CA-based apparel maker, this time in that state’s district court, accusing Fashion Nova of infringing on the Three Stripes mark with designs that use two or three stripes on apparel and footwear.
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