April 24, 2025 Skechers Pulls Guidance on Trade Uncertainty
Skechers is always among the first industry brands to report quarterly results, and its decision to skip guidance and withdraw forward expectations issued earlier in reaction to the Trump Administration’s trade chaos will surely be repeated by its competitors. Hydroflask Pulls Down HELE Sales as Tariffs Loom
Helen of Troy’s Home & Outdoor segment, which includes Hydroflask and Osprey packs as well as the Oxo kitchen brand, contracted 2% to $219.8 million for the fourth quarter ended Feb. 28, as lower insulated beverageware sales were partially offset by growth in packs and home. China Says “Not So Fast” to Claims of Progress
Chinese officials threw cold water on the notion of progress in their standoff with the U.S. Thursday, with the foreign ministry claiming the two countries are “not having any consultation or negotiation” on tariffs, much less being near a deal on the matter. Mips Sees Momentum Continue in Q1
The Swedish helmet technology company’s net income grew 58% in the first quarter to SEK 19 million ($1.8 mm) from SEK 12 million, as revenues increased 40% to SEK 116 million ($10.9 mm) from SEK 83 million, and would have been up 42% constant currency. Vail Resorts Reports Season’s Ski Metrics
Vail said improved conditions at its North American resorts were offset by waning traffic, translating to a 3% decline in total skier visits at MTN’s mountain resorts, while retail/rental revenue in N.A. locations was down 4%. Solo Brands Delisted From NYSE
The Solo Stove and Chubbies parent saw the exchange initiate proceedings earlier this week to delist it for non-compliance with listing standards due to its share price falling below $1.00 for a 30-day period. S&S Activewear Sues DGI Apparel
S&S and its Alphabroder subsidiary are suing DGI Apparel in SDNY federal court, accusing it of using pilfered credentials to scrape confidential and proprietary data and trade secrets from plaintiffs’ websites. Etcetera: Fanatics, Amer, Sweet Protection, dBio, Sea to Summit, Puma, Diadora, IDA Sports
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