|
Latest News 07/10/2026 Families Are Spending Less and Spending Later for Back-to-School
Back-to-School spending will fall to $557 per child from $570 last year, and parents plan to push purchases into Aug. or even Sep., according to the 2026 Deloitte Back-to-School Survey, which estimated total BTS spend at $30.4 billion this year. Himaraya’s Profits Squeezed by Gross Margin Pressure
Net income at the Japanese retailer plummeted 90% to ¥19 million ($0.1 mm) from ¥189 million, despite sales that came in 1% higher at ¥45,248 million ($288.4 mm) from ¥44,707 million for the nine months ending May 31.
Yue Yuen’s footwear manufacturing revenue was down 11% in June to an implied $438,007,000 from $492,884,000 last year, while total revenue at the Chinese company narrowed 10% to $593,852,000 from $657,399,000 for the month. Adidas Shuffles European Leadership
The Big a appointed long-time executive Claus-Peter Mayer as general manager for Central Europe, effective Sep. 1, succeeding Marina Moguš, who is leaving the group after 19 years to pursue an opportunity outside the sporting goods industry. Newton Golf Swaps Debt for Preferred Stock
The golf equipment company completed an exchange of $2.3 million in promissory notes held by director Brett Widney Hoge for Series A convertible preferred stock that pays a 10% dividend. Etcetera: Elan, Turtleson, Bass Pro Shops
|
