April 23, 2025 Administration Signals End to Trade Standoff with China
Tensions may be easing in the Trump Administration’s standoff with China per two days of comments from President Trump and Treasury Secretary Bessent, indicating a turn towards rebalancing the post-World War II global finance order rather than a hard line one-on-one battle. Shimano Bike Segment Sales Jump to Start 2025
Revenues at the Japanese bicycle component and fishing gear supplier increased 13% to ¥113,539 million ($744.1 mm) from ¥100,557 million a year ago, driven by 16% higher bike segment sales and +5% from fishing. Adidas’ Top Line Grew 13% in Q1
A week ahead of reporting full first quarter results, The Big a revealed that revenues increased 13% to €6,153 million ($6,477 mm) from €5,458 million and were up by the same percentage constant currency. Head Acquiring Classic Diving Brand
Head Group has entered into exclusive discussions regarding the potential acquisition of 100% of Aqualung Group, our sister publication SGI Europe first reported. Nike Names New Chief Strategy Officer
The Eager Beavertons elevated Jennifer Hartley to chief strategy officer, adding her to the senior leadership team reporting to CEO Elliott Hill in the midst of the company’s ongoing turnaround efforts. Arc’teryx Launches Dedicated Footwear Business Unit
The Amer Sports-owned brand is forming a dedicated footwear business unit aimed at accelerating growth in the category following the spring launch of its expanded footwear collection. Report: Struggling MEC to be Acquired
Canadian outdoor retailer Mountain Equipment Co., which has been owned by PE firm Kingswood Capital Management since 2020, is set to be acquired by real estate and textile executive Tim Gu, the Globe and Mail first reported, citing an inside source. Riddell Acquires Xenith Assets
Riddell has acquired the assets of its football helmet and protective equipment maker rival, which halted operations on Jan, 10, 2025, for undisclosed terms. S&S Activewear Appoints Three New Senior Vice Presidents
One of the largest suppliers in the promotional products and apparel industry is bolstering its sales, merchandising, strategy, and operations teams with three new hires. Etcetera: Deckers, Castore, Skechers
|