June 06, 2025 Hummel Returns to Profitability in 2024
The Danish sportswear brand eked out a net profit of €1.6 million ($1.7 mm) for 2024, up from a €13 million loss the year before, as revenues increased 9% to €326 million ($354 mm) from €298 million. Manchester United Retail Sales Rise in Q3
ManU commercial revenue grew 7% in the fiscal third quarter ended Mar. 31 to £74.7 million ($94.6 mm) from £69.6 million, as retail, merchandising, apparel & product licensing improved 11% to £32.2 million ($40.8 mm), driven by the launch of its new e-commerce platform in partnership with Scayle. Converse Apparel Launch On Track, G-III Says
G-III Apparel Group, which scored the Converse apparel license from Nike last year, said its fall 2025 order book for North America and Western Europe is building nicely with initial orders set to ship in Aug. Dick’s SG Moves to Swap for Foot Locker Debt
DKS will pay a consent payment of $2.50 to $5.00 per $1,000 principal amount to holders of FL’s approximately $400 million in outstanding 4.000% Senior Notes due 2029, to accept an exchange for equivalent debt issued by Dick’s. Supreme Court Tosses Mexico’s Gun Lawsuit
The U.S. Supreme Court unanimously rejected the Mexican government’s $10 billion lawsuit against seven U.S. gun manufacturers that claimed the defendants designed and marketed “military-style” weapons with known appeal to Mexican drug cartels. Etcetera: Lids, Major Fitness, Lululemon, TYR, ROKA
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