Product Segmentation And Channel ConfusionRecent product segmentation choices are creating channel confusion that can harm sell-through at retail partners and weigh on sales momentum.
Profitability Pressure From DTC ExpansionExpansion of direct-to-consumer sales is increasing operating expenses as a share of revenue, which may squeeze margins despite top-line gains.
Wholesale Order SlowdownAnticipated slowing of wholesale orders in the Americas and Europe could reduce overall growth momentum and create inventory management pressures.