|
Latest News 03/11/2026 Yue Yuen Manufacturing Flat, Retail Down in 2025
Net income attributable to shareholders dipped 3% last year to $381,082,000 from $392,415,000 as revenues declined 2% to $8,031,354,000 from $8,182,161,000 as retail weakness more than offset manufacturing revenues. Tilly’s Back in the Black for Q4
The teen retailer’s net income was $2,942,000 in the final quarter against a loss of $13,664,000, as the top line grew by 5% to $55,131,000 from $147,288,000, with a +10.1% blended comp more than offsetting 17 fewer stores than a year ago. Rapala VMC Hit by ForEx Headwinds
The Finnish fishing brand ended 2024 in the red, tallying a loss for the full year of €4.9 million ($5.5 mm) against a gain of €0.4 million, on sales that were up 3% to €227.5 million ($255.6 mm) against €220.9 million, 6% higher constant currency. Interactive Strength Closes Ergatta Acquisition
Interactive Strength Inc., whose portfolio already includes Wattbike, Clmbr, and Forme, completed its acquisition of the connected rowing machine maker at a maximum enterprise value of $19.5 million if all earn-outs are achieved. Scarpa Resets North American Leadership
The Italian technical outdoor brand appointed Deuter USA and Ortovox USA managing director Jonathan Degenhardt as CEO of its North American operations, succeeding Kim Miller after more than two decades in the role. REI Aims to Cut Labor Costs: Report
The outdoor co-op plans to cut starting pay and reduce benefits for existing store staff effective July 1, according to an internal memo first reported by Bloomberg. Thermore’s New Insulation Recycles Textile Waste
The Milan-based insulation supplier has launched Ecodown Fibers T2T, a high-performance insulation that combines 80% post-industrial textile waste and 20% post-consumer PET bottles. Beretta Claps Back at Sturm, Ruger
Accusing RGR of “egregiously” breaching a confidentiality agreement between the two companies, the Italian gunmaker said it remains committed to negotiations and hopes to reach a constructive settlement. Etcetera: On, New Balance, Peloton, AAFA, Academy Sports
|
