EXEC: Key Footwear Factory Report Sees Flat Q1 and Unsettled Market for 2024
EXEC: Asics Corp Boasts Record Profit Margins in Q1 as All Regions Post Growth
EXEC: Solo Brands CEO Outlines Early Progress on Turnaround Plan
EXEC: Yeti Shares Jump as Q1 ProfIts and Revenue Fly Past Estimates
EXEC: Vista Outdoor Sees Another Tough Year Ahead
SGB Update
The British Footwear Association Appoints New CEO
The BFA has tapped Richard Shetliffe as its new chief executive officer. Richard takes up the position on May 14, 2024, bringing a depth of experience and knowledge to lead the BFA.
Nite Ize Adds Two Indie Sales Agencies in U.S. Market
Effective immediately, the company is partnering with Action Sports, Inc. serving the Southeast, and Sanitas Sales Group, located in Colorado and covering the West.
Super Pacific Makes New Hires, Key Promotions and Expands Facility to Fuel Growth
Philip Kuroda was hired in the newly created position of B2B sales manager and Jessica Johnson was promoted to general manager of operations. The company is adding new square footage to its facility and the production team was expanded with new hires to support cutting, sewing and fabrication.
SGB Executive
EXEC: Leatt Posts Another DD Decline in Q1 as Body Armor and Helmets Sales Falter
Sales to the company’s global distributors decreased by 31 percent as distributors continue to manage industry-wide stocking dynamics, while consumer direct sales increased by 15 percent and dealer direct sales increased by 9 percent in Q1.
EXEC: Key Footwear Factory Report Sees Flat Q1 and Unsettled Market for 2024
The Group believes the global footwear industry will remain unsettled in the near term amidst the uncertain macroeconomic environment driven by persistent inflation, high interest rates, regional conflicts, and its impact on shipping lanes.
EXEC: Asics Corp Boasts Record Profit Margins in Q1 as All Regions Post Growth
Reported net sales growth of 21.9 percent, or 14.3 percent in constant-currency (CC) terms, to ¥174.1 billion in the quarter, led by double-digit CC sales growth in Japan, South & Southeast Asia, Greater China and the North America.
