March 25, 2025 Shenzhou Int’l Bounces Back with Double Digit Growth
Net income tallied RMB 6,240,581,000 ($873.7 mm) at the Chinese apparel maker for FY '24, up 37% from RMB 4,557,263,000 on a 15% increase in revenue to RMB 28,662,938,000 ($4,012.8 mm) from RMB 24,969,792,000. Sneaker Reseller Files for Bankruptcy Protection
Soleply LLC, which launched in 2021 and expanded quickly to six locations, has filed for Chapter 11 protection in NJ bankruptcy court, aiming to terminate leases at underperforming stores and reduce its debt burden. S&P Global Upgrades Wolverine Outlook
The rating agency raised WWW's outlook to be stable from negative and affirmed its B+ issuer credit rating, as it expects improving operating performance and deleveraging in the next 12 months and forecasts adjusted leverage to improve to the mid-to-high 4x area by the end of the year. Goldwin Sees More Profit but Lower Sales
The owner of The North Face, Helly-Hansen, Canterbury, and other brands for Japan revised its full-year guidance, forecasting a ¥132,000 million top line, down from ¥133,200 million but earnings of ¥24,000 million instead of earlier guidance for ¥21,000 million. National Park Visits Slip in February
National Park recreational visits declined 3% year-over-year in Feb., totaling 15,124,309 against 15,590,610 in the seasonally small period, and year-to-date visits were down 1% at 28,354,944 compared to 28,561,594. Etcetera: Lacrosse Unlimited, S&S Activewear, Under Armour
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