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Daily News Feed 03/11/2026 Yue Yuen Manufacturing Flat, Retail Down in 2025
Net income attributable to shareholders dipped 3% last year to $381,082,000 from $392,415,000 as revenues declined 2% to $8,031,354,000 from $8,182,161,000 as retail weakness more than offset manufacturing revenues. Tilly’s Back in the Black for Q4
The teen retailer’s net income was $2,942,000 in the final quarter against a loss of $13,664,000, as the top line grew by 5% to $55,131,000 from $147,288,000, with a +10.1% blended comp more than offsetting 17 fewer stores than a year ago. Rapala VMC Hit by ForEx Headwinds
The Finnish fishing brand ended 2024 in the red, tallying a loss for the full year of €4.9 million ($5.5 mm) against a gain of €0.4 million, on sales that were up 3% to €227.5 million ($255.6 mm) against €220.9 million, 6% higher constant currency. Interactive Strength Closes Ergatta Acquisition
Interactive Strength Inc., whose portfolio already includes Wattbike, Clmbr, and Forme, completed its acquisition of the connected rowing machine maker at a maximum enterprise value of $19.5 million if all earn-outs are achieved. Scarpa Resets North American Leadership
The Italian technical outdoor brand appointed Deuter USA and Ortovox USA managing director Jonathan Degenhardt as CEO of its North American operations, succeeding Kim Miller after more than two decades in the role. REI Aims to Cut Labor Costs: Report
The outdoor co-op plans to cut starting pay and reduce benefits for existing store staff effective July 1, according to an internal memo first reported by Bloomberg. Thermore’s New Insulation Recycles Textile Waste
The Milan-based insulation supplier has launched Ecodown Fibers T2T, a high-performance insulation that combines 80% post-industrial textile waste and 20% post-consumer PET bottles. Beretta Claps Back at Sturm, Ruger
Accusing RGR of “egregiously” breaching a confidentiality agreement between the two companies, the Italian gunmaker said it remains committed to negotiations and hopes to reach a constructive settlement. Etcetera: On, New Balance, Peloton, AAFA, Academy Sports
03/10/2026 Grupo SBF’s Nike and Retail Revenue Grow Double Digits
Net income at the Centauro and Nike Fisia parent was down 5% to BRL 128,333,000 ($24.4 mm) from BRL 135,296,000 for the fourth quarter on a 12% revenue increase to BRL 2,427,832,000 ($461.3 mm) from BRL 2,172,270,000. Kohl’s Focuses on Private Label as Customers Struggle
The mass-market retailer said footwear sales were a drag in the fiscal fourth quarter ended Jan. 31, with sneakers and boots both underperforming, though dress and casual styles sold better. VF Corp. Cautious on Tariff Turmoil, Names New TNF Chief
Touting success so far from re-sourcing efforts and price hikes to mitigate the impact of increasing tariffs, VFC will continue to run its playbook as though the Supreme Court decision hadn’t come down, CEO Bracken Darrell said at Citi’s Global Consumer & Retail Conference. Sporting Goods Sales Up over 6% in February
Feb. sales at sporting goods, hobby, music, and book stores improved 6.53% year over year on an unadjusted basis, but inched down 0.02% seasonally adjusted, according to the CNBC/NRF Retail Monitor. Yue Yuen Manufacturing Down, Retail Up in February
Yue Yuen’s footwear manufacturing revenue slipped 6% in Feb. to an implied $390,375,000 from $416,474,000 last year, while total revenues at the Chinese company grew 19% to $674,546,000 from $565,106,000 for the month. Jack Nicklaus Acquired out of Bankruptcy
20 Majors, an investment company tied to the Jack Nicklaus family, received court approval on Mar. 9 to acquire all of the brand’s assets free and clear, in a deal valued at $35.7 million. Etcetera: Academy, REI, On, Dick’s, Colt CZ, Azimuth Technology, Inov8, Salomon
03/09/2026 Vail Resorts Retail Down on Lackluster Winter
The ski resort operator’s retail and rental revenue slipped 7% to $126,012,000 from $135,159,000 in the fiscal second quarter ended Jan. 31, attributed to the lowest snowfall levels in more than 30 years for its CO and UT resorts combined with warmer temperatures throughout the quarter. Retail Imports Face Tariff Uncertainty, Gulf War Risk
Imports came in below forecast at 2.08 million Twenty-Foot Equivalent Units in Jan., down 6% year-over-year, according to the NRF and Hackett Associates, but it’s too early to project the impacts of conflict in Iran or recent tariff changes. Sturm, Ruger Calls Out Beretta for Aggressive Tactics
Following last week’s earnings report and Beretta Holding S.A.’s scathing response, RGR’s board accused the Italian gunmaker of threatening to “go to war” if its demands were not met. ABG Names New Reebok Licensee in China
Authentic Brands Group appointed Xinrui Sports Shanghai as the new operating partner for Ex-Numero Uno in China, replacing Tristate Holdings, which ran the brand there from 2022 through the end of last year.
The CO-based outdoor apparel company has acquired sustainable apparel brand Kastlfel from Ecocentric Brands and has inked a deal with the former owner to provide screen-print decoration services. Giant Group Labor Reforms Update
The Giant Bicycle parent recently met with the U.S. Customs and Border Protection regarding the Withhold Release Order issued in Sep. Etcetera: Salomon, Reebok, Smith & Wesson, Skechers
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