Sporting Goods Industry News for July 09, 2025
Growing heat at the Onitsuka Tiger brand gave it the spotlight at Asics’ 2025 Investment Day, as a retooling of branding, go-to-market strategy and management structure has been fueling consistent double-digit gains.
The Trump Administration sent letters to over a dozen key sourcing countries this week, unilaterally imposing so-called “reciprocal” tariffs after failing to reach agreements with trading partners.
After several months of gains from importers rushing to beat new tariffs, cargo imports at major container ports dropped 6% in May to 1.95 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates’ Global Port Tracker report.
A special meeting of Big Foot shareholders is scheduled for Aug. 22 to approve DKS’ acquisition of the retailer for $24 per share, or about $2.4 billion.
The Solo Stove and Chubbies parent implemented a 1-for-40 reverse stock split of its Class A and Class B common shares, effective July 8, as it aims to address operational and governance challenges.
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