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March 28, 2025


Li Ning 2024 Growth Powered by Footwear

Net income at the Chinese athletic brand slipped 5% last year to RMB 3,012,918,000 ($418.5 mm) from RMB 3,186,910,000 on 4% higher revenues of RMB 28,675,643,000 ($3,982.7 mm) up from RMB 27,598,491,000, but retail sell-through remained flat, including online and offline.

Leatt Finishes Tough Year in the Red

Net income at the South African protective equipment maker swung to a loss of $2,204,664 in 2024 compared to a profit of $803,159 in the prior year on 7% lower revenues of $44,027,942 down from $47,241,187.

ElliptiGO Names New CEO

The stand-up and elliptical cycle maker elevated Bryce Whiting to CEO, succeeding company co-founder Bryan Pate.

CPSC Recall: Mammut Carabiners

Mammut is recalling Skywalker Pro and Skywalker Pro Turn Via Ferrata Sets because of a potential issue with the locking mechanism of the carabiners used in them.

Correction: S&S Activewear

S&S Activewear plans to close Alphabroder’s Pompano Beach, FL, warehouse in Aug., not Mar. 31, as we originally reported.

Etcetera: Bass Pro Shops, Under Armour

 
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