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August 11, 2025


Yue Yuen H1 Pulled Down by Chinese Retail Malaise

Net income attributable to shareholders slipped 7% to $171,190,000 in the first half from $184,401,000 on revenue that was up 1% to $4,060,148,000 from $4,015,407,000 as manufacturing gains offset retail declines at Pou Sheng.

Giant Group Sales and Profits Plunge in Q2

The Taiwanese bike maker reported second-quarter net income tumbled 84% to TWD 189.9 million ($6.2 mm) from TWD 1,152.5 million last year as revenues fell by 26% to TWD 15,754.4 million ($514.8 mm) from TWD 21,166.1 million.

GoPro Narrows Loss, Sees Return to Growth Coming Soon

The action camera maker finished Q2 $16,422,000 in the red, down from a $47,821,000 loss a year ago, on 18% lower revenues of $152,643,000 against $186,224,000.

Globeride’s Net Grows on Sluggish Sales

The Japanese parent of Daiwa fishing and golf saw profit attributable to shareholders improve 7% to ¥1,773 million ($12.3 mm) from ¥1,650 million in the fiscal first quarter ended June 30, as revenues inched up 1% to ¥31,691 million ($219.3 mm) from ¥31,481 million.

Zett Profit Drops despite Higher Sales

Net income plummeted 41% in the fiscal first quarter ended June 30 to ¥209 million ($1.4 mm) from ¥356 million last year, despite sales improving 7% to ¥14,473 million ($100.2 mm) from ¥13,539 million.

Bass Pro, Cabela’s Parent Gets Negative Outlook from Moody’s

The ratings agency affirmed Great Outdoors Group’s Ba3 corporate family rating and debt level ratings, but changed its outlook to negative from stable, citing weakness in the retailer’s boat business.

China Tariffs Delayed until November

As expected, the Trump Administration pushed back tomorrow’s deadline that would have seen tariffs on Chinese imports return to the 145% level from Apr., citing progress from last month’s Stockholm negotiations.

Adidas Faces Opprobrium over Mexican Sandal

Adidas’ Oaxaca Slip-On huarache sandal, created in collaboration with designer Willy Chavarria, has drawn criticism from the Mexican state of Oaxaca, which said it plans to file a legal complaint.

IFit Health & Fitness Sues over Trademark

IFit filed suit in NY district court, accusing Nordic Strong of infringing on its NordicTrack mark with its Nordic Strong, Nordic Trainer, Nordic Cardio, and Nordic Sculpt products.

Etcetera: Adidas, Crocs

 
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