|
July 15, 2025 Thule Profit Narrows in Q2 with Quad Lock Leading Sales Growth
Net income contracted 8% to SEK 512 million ($52.9 mm) in the second quarter from SEK 559 million, as soaring SG&A more than offset a 10% increase in sales to SEK 3,403 million ($351.9 mm) from SEK 3,099 million. Negotiations Continue after Tariff Letters
The flurry of tariff letters from the Trump Administration has brought further uncertainty with major trading partners as the president threatened 30% levies on the EU and Mexico in Truth Social posts on Sunday. More Back-to-School Shoppers Started Early this Year, NRF Finds
The annual National Retail Federation and Prosper Insights & Analytics survey of BTS shoppers found that 67% have already started purchasing items for the upcoming school year in early July, up from 55% last year and the highest ever. Anta Sports’ Sales Improved Slightly in Q2
The Chinese sportswear giant’s retail sales of its core branded products grew low-single digits in the second quarter, including owned and franchisee brick-and-mortar as well as e-commerce. Puma Extends Manchester City Kit Deal
The Big Cat, which took over sponsorship for the Premier League club from Nike in 2019, extended its kit partnership with Manchester City in a multi-year deal believed to be worth £100 million ($126.6 mm) per year. L.L. Bean Plans Leadership Transition
The Maine-based retailer announced that president and CEO Stephen Smith plans to step down next spring after a decade in the top job. Solo Brands Resumes Trading after Reverse Split
The Solo Stove and Chubbies parent will resume trading on the NYSE on July 18 under the symbol DTC after regaining compliance with exchange requirements. Etcetera: KMD Brands, Genesco, Gared, Wiley X, Vuori, Primary Arms
|
