April 16, 2025 Feng Tay Sees Strong Profit Gains as Sales Rebound in 2024
Net income attributable to shareholders jumped 18% in the fourth quarter to TWD 1,586.6 million ($49.4 mm) from TWD 1,339.6 million, as revenues at the Taiwanese footwear and sporting goods manufacturer dipped 3% to TWD 21,885.3 million ($681.8 mm) from TWD 22,535.2 million. Moncler’s Asia Gains Offset Weakness Elsewhere
Green arrows at the core brand and from direct-to-consumer pushed the top line to a 1% gain to €829,021,000 from €818,009,000 for the first quarter, with Moncler sales up 2% to €721.8 million. Passenger Clothing Sales Soar, but Tariffs Cause U.S. Pause
The 13-year-old U.K.-based outdoor apparel brand reported a 76% jump in sales last year to £57 million ($73 mm) from £33 million, primarily due to growth in Europe and the U.S. Outdoor Market Grew 1% in 2024
Outdoor retail sales increased 1% last year, totaling $28 billion, according to the Outdoor Industry Association’s latest Outdoor Retail Sales Trend Report, with casual consumers driving growth, signaling a shift in purchasing behavior and demand. Sporting Goods Sales Tick Higher in March
After a weak start to 2025, adjusted sales of sporting goods/hobby/book and music stores increased 2.7% in Mar. to $8,383 million from $8,163 million a year ago, and were up 2.4% sequentially from Feb., according to Commerce Dept. data. PGA Tour Superstore CEO to Retire
The 76-door golf retailer’s chief executive and chairman Dick Sullivan plans to retire from his day-to-day CEO role later this summer once a successor can be recruited. Lids Unveils New Store Concept
The Fanatics-owned licensed sports retailer revealed its refreshed store concept aimed at elevating the shopping experience with a strong focus on personalization. Revelyst Taps Jeff Foster to Lead Precision Sports
The golf industry veteran takes over as president of Revelyst’s Precision Sports Technology platform, which includes golf technology brands Foresight Sports, Bushnell Golf, and PinSeeker. Under Armour Signs Likely NFL Draft Picks
Under Dog signed five top NFL prospects to endorsement contracts, including the likely top draft pick, Miami quarterback Cam Ward, along with Luther Burden III, Nick Emmanwori, Matthew Golden, and Tyler Booker. Etcetera: Nike, Sierra, New Era Cap, Adidas, ROKA Multisport
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