Backcountry has inked an agreement to acquire OR-based cycling e-tailer Velotech, which operates BikesTiresDirect, Western Bikeworks, and TriSports, for undisclosed terms.

The maker of Amazfit and Zepp smart wearables has acquired the core assets and IP of Wild AI, a wellness platform focused on optimizing women’s performance through hormone-informed coaching.

A softer U.S. market for apparel, ongoing tariff impacts, and product staleness in its lounge and social offerings all negatively impacted Q2 results at Lululemon, which fell short of its revenue guidance for the period despite exceeding its EPS guidance.

Net earnings attributable to shareholders declined 78% to $6,713,000 from $29,958,000 on sales that were down 4% to $658,519,000 from $683,317,000 for the second quarter, with both Famous Footwear and Brand Portfolio segments dropping.

The outdoor retailer’s net loss expanded by 20% in the second quarter to $7,083,000, from a loss of $5,906,000, as revenues inched up 2% to $293,899,000 from $288,734,000, with comparable store sales gaining 2.1%.

Net income declined 15% to $19,225,000 from $22,573,000 for the second quarter on sales of $306,388,000, down 8% from $332,696,000, including a 7.5% companywide comp.

Net loss widened 18% to $1,002,000 from $847,000 on sales that improved 2% to $214,275,000 from $210,179,000 for the second quarter, with comps up 2.5%, lapping a 3.6% increase.

Dick’s management expanded on its plans for Foot Locker after the acquisition closes on Sep. 8, in a roundtable discussion at the Goldman Sachs investor conference.

The red ink deepened to a loss of $3,411,000 in the fiscal first quarter ended July 31 from a loss of $1,855,000 last year, on 4% lower sales of $85,077,000, down from $88,334,000 in a seasonally slow period.

Suffering from erratic orders from retailers and the aftereffect of FQ4’s tariff-driven pull-forward, AOUT’s net loss nearly tripled to $6,829,000 from a loss of $2,365,000 as revenues plummeted 29% to $29,702,000 from $41,643,000 in the first quarter ended July 31.

The Rip Curl, Kathmandu, and Oboz parent unveiled its “Next Level” strategy for FY’ 26-28 at its 2025 investor day, aiming to align each brand with consumer, product, and store format in every region under new CEO Brent Scrimshaw.

The luxury sneaker brand’s adjusted EBITDA increased 3% in the first half to €113 million ($128.4 mm) on 13% higher sales of €342.1 million ($388.8 mm), driven by direct-to-consumer sales, which rose 19% year-over-year.

Nike’s Converse apparel licensee G-III Apparel said that the initial collection rollout is rapidly scaling both in the U.S. and internationally, with product just hitting stores now.

YiLab Temperature Control Technologies, which develops thermoregulating fabric, said that it closed a pre-A funding round, bringing total funding to more than $10 million.

After recently settling a class action suit brought by customers, Sport Squad (dba Joola) is once again suing the Pickleball governing body in MD district court, accusing it of breach of contract, negligent misrepresentation, and fraud and asking for $100 million in damages.

Improving gross margin and careful expense management helped swing the bottom line to a $3,165,000 profit from a $69,000 loss in the second quarter, as revenues declined 7% to $151,256,000 from $162,867,000.

The clogmaker plans to focus on full-price selling as it navigates consumer caution and pressure from athletic footwear in wholesale, along with tariff impacts, CEO Andrew Rees outlined at the Goldman Sachs investor conference.

In the first of many surveys aiming to predict 2025 holiday sales trends, PwC’s 2025 Holiday Outlook survey found that 84% of consumers plan cut back spending over the next six months and will spend $1,552 on average, 5% less compared to 2024.

The Nittany Lions are planning to make the switch to the Three Stripes from the Swoosh after 32 years for a reported $300 million over 10 years, with a significant portion allocated towards NIL, according to On3.

The baseball equipment and apparel maker has inked an agreement to acquire Tanner Tees, its first entry into the diamond sports training category.

NSSF-adjusted NICS checks dropped by 9.9% in Aug. to 1,091,342 compared to 1,210,995, the steepest decline so far in the seventh straight negative month this year.

POWW held its annual meeting of stockholders on Aug. 29, meeting the final requirement to comply with Nasdaq’s rules, and has now regained compliance with Nasdaq Listing Rule 5620(a).

Hodgdon Powder names Mike Stock as president and CEO, succeeding Steve Kehrwald, who will remain as an advisor through Dec., then transition to chairman.