July 24, 2025 Deckers’ Soaring International Sales Drive June Quarter
Strong growth from both Hoka and Ugg sent DECK’s revenue 17% higher in the fiscal first quarter ended June 30 to $964,538,000 compared to $825,347,000, driving a similar improvement in the bottom line to $130,768,000 from $111,825,000. Puma Slashes Guidance after Weak Q2, Expects FY Loss
Citing flagging brand momentum, elevated inventory, shifts in channel mix and quality, and, of course, tariffs, The Big Cat now expects full-year revenue to decline in the low double digits rather than increase in the low to mid-single digits on a constant currency basis. Trade Deals Trickle in with EU Coming Soon
Pres. Trump announced a new reciprocal tariff range of 15% to 50% on Wednesday following completion of trade deals with the Philippines, Indonesia, and Japan, and reports of progress on EU talks. Dick’s and Foot Locker Pull and Refile HSR Docs
Indicating that the Federal Trade Commission needs more time to review its acquisition of Foot Locker, Dick’s voluntarily withdrew the notification and report form filed to pass Hart-Scott-Rodino scrutiny.
The red ink deepened at the Swedish maker of antimicrobial fabric treatments in the second quarter to SEK 3,125,000 ($0.3 mm) against a loss of SEK 1,374,000 on 12% lower revenues of SEK 31,945,000 ($3.3 mm) from SEK 36,385,000. Grassroots Outdoor Alliance Appoints New Officers
The buying network for independently owned outdoor retailers named new officers and elected one new board member at its recent Connect Show, which was held in June. CPSC Recalls: Scooters, E-bikes
Apollo is recalling about 790 Apollo City model year 2024 electric scooters because the weld line on the scooter can crack, causing the stem to break. Etcetera: Arc’teryx, Academy Sports, Bison, Inc., Tharanco, Skechers
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