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Sporting Goods Industry News for November 06, 2026
Coming close to breakeven in the fiscal second quarter ended Sep. 30, Under Dog’s net loss narrowed to $425,000 from a loss of $18,814,000 a year ago, as revenues were better than expected, but still slipped 7% to $1,241,743,000 from $1,333,380,000.
Net income more than doubled to ¥1,559 million ($9.8 mm) from ¥606 million, on a 10% net sales gain to ¥71,830 million ($451.2 mm) from ¥65,424 million in the fiscal first quarter ended Sep. 30.
LULU tapped hospitality industry exec Ben Hallam as chief brand officer effective Nov.9 and former BCG consultant Emily Sunderland as chief strategy officer as of Nov. 23, while the search continues for a new chief technology officer and chief communications officer.
The B2B platform, which powers wholesale commerce for brands and retailers across golf, outdoor, and lifestyle apparel, inked an agreement to acquire Tee Commerce and expand into retail.
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