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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.

Polygiene’s Loss Widens in Q2

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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