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April 25, 2025


New Wave Group’s Q1 Sales Led by Sports & Leisure

New Wave Group, the Swedish parent of sports brands Craft and Cutter & Buck and distributor of other labels, reported a 9% increase in first quarter sales to SEK 2,184 million ($206.6 mm) driven by the Sports & Leisure segment which grew 11%.

China Dongxiang Slips in Final Quarter

The Chinese sportswear company’s Kappa-branded stores’ retail sales declined mid- to high-single digits in the fiscal fourth quarter ended Mar 31, and were also down by the same percentage for the full fiscal year.

Peloton Settles Shareholder Suits

PTON has agreed to pay plaintiffs’ lawyers $1.75 million for attorneys’ fees, costs, and expenses to settle several separate stockholder derivative actions.

Etcetera: WFSGI, Starter, Gymshark, Academy Sports, Cotopaxi, Trickstuff

 
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