Daily News Feed 10/09/2025 Tariff and Demand Headwinds Hit Helen of Troy
Sales at HELE’s Home & Outdoor segment, home of Hydro Flask and Osprey Packs, were down 14% to $208,721,000 from $241,944,000 for the fiscal second quarter ended Aug. 31, with operating results swinging to a loss of $72,578,000 against income of $31,152,000. Teen Survey Finds Nike Stabilizing as Spending Falls
Nike’s dwindling athletic footwear mind share among teens decelerated, though it still lost points to Adidas and On Running, according to the Fall 2025 Taking Stock with Teens survey from Piper Sandler and DECA. DRJB Holdings Sales and Profits Rise
Net income at David Beckham’s company increased 24% to $33.1 million last year, compared to $26.8 million in the previous year, on a 1% higher turnover of $92.3 million, up from $91.2 million, driven by Stella Artois and SharkNinja brand deals. E-commerce Sends Beyond Yoga Sales Higher in FQ3
Levi’s reported revenues from its yoga brand increased 2% to $33.0 million in the third quarter ended Aug. 31, up from $32.2 million, and operating loss narrowed to $4.8 million from a loss of $5.8 million. Etcetera: Designer Brands, Crocs, CEP Running, Club Champion, New Balance
10/08/2025 Caleres BTS Powered by Jordan, Elevated Brands
The Famous Footwear parent stated that elevated brands and products outperformed during Back-to-School, highlighting Jordan and other recent additions in a roundtable discussion at the Telsey investor conference. KPMG Holiday Survey Forecasts Nearly 5% Growth
The financial advisory firm found that consumers expect to spend $847 on shopping for the 2025 Holiday season, a 4.6% increase from 2024, above the low-single-digit gains predicted by other surveys. Retail Imports Forecast to Dwindle Through Year-End
The last three months of 2025 are expected to see imports drop to below 2 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates’ Global Port Tracker. Fanatics Ratings Upgraded by S&P Global
The ratings agency upgraded Fanatics Collectibles’ senior secured credit facility, which now consists of only a $600 million cash-flow revolver due Apr. 2028, to BB from BB-. Supremes Decline to Hear Crocs Appeal
The U.S. Supreme Court declined to hear CROX’s appeal of the Federal Circuit of Appeals’ ruling that revived a lawsuit over its promotional statements touting a closed-cell resin called “Croslite”.
10/07/2025 Hanesbrands Proxy Shows Path to Gildan Deal
August’s announced merger agreement between Gildan and Hanesbrands will go before the latter’s shareholders at a Nov. 25 special meeting for their stamp of approval, according to an update proxy statement filed last Friday. Crecera Acquires Saltwater Brand
The parent company of Sportsman’s Guide, The Golf Warehouse, and Baseball Savings has inked an agreement to acquire Salt Strong, expanding into the saltwater fishing space.
Puma hired Thomas John as VP of people & organization, succeeding Dietmar Knoess, who has left the company. Wolverine Worldwide Upgraded by S&P Global
After scoring an upgrade from Moody’s last week, WWW sees S&P raise its rating on the company’s $600 million amended and extended revolver due Sep. 24, 2030, to BB- from B+. Cool Kicks Owner Arrested After Raid
The LA sneaker retailer’s owner, Adeel Shams, was arrested in a raid after the LAPD said they recovered approximately $500,000 worth of stolen Nike goods from the store’s warehouse. Orvis is Shuttering another 36 Stores
The struggling outdoor retailer will close 31 more stores and five outlets, with the cuts planned to be completed by early 2026, VTDigger first reported. Etcetera: Academy, L.L. Bean, REI, CardVault, Wilson, VF Corp., Seirus
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