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Daily News Feed 01/22/2026 Trump Backpedals on Greenland Acquisition
Industry stocks have been on the rebound since Wednesday afternoon after President Trump announced that his threatened Feb. 1 slate of tariffs on imports from eight European countries was now off the table. Lululemon Takes Heat from Founder over Bottoms
After yesterday’s news of a temporary suspension of Get Low e-commerce sales, LULU founder Chip Wilson took to social media to criticize the company’s board of directors for a lack of oversight. The Wing Group Buys Paddlesports Apparel Brand
The watercraft equipment and apparel company has inked an agreement to acquire Kokatat, joining the Wing Group’s portfolio of brands, which include Mustang Survival, Wing Inflatables, FabTek, Henshaw, and Patten. Fleet Feet Acquires Marathon Sports Glastonbury
Fleet Feet franchisees Fernanda and David Jacobs have added the Glastonbury, CT, running specialty store to their existing Hartford location, with a soft open on Jan. 22 after the rebanner. Compass Diversified Downgraded by Moody’s
Now that the 5.11, Primaloft, Boa, and Velocity Outdoor parent has caught up with financial reporting delayed by the Lugano fraud investigation, the ratings agency weighed in on the current state of the company, lowering its corporate family rating to B3 from B2.
The Jackson, WY-based technical apparel brand is staffing up across product, e-commerce, and planning responsibilities with four new hires. Under Armour Faces another Suit over Data Breach
Under Dog was hit last month with a proposed class action in MD district court, accusing it of failing to adequately protect private information in a Nov. hacking incident.
The outdoor brand filed suit in Central CA district court, accusing Entrepreneur Enterprises (dba Pattie Gonia Productions) and its owner, social media personality Wyn Wiley, of infringing on Patagonia’s multi-colored P6 logo and marks. CPSC Recalls: Chairs, Treadmills
Academy Sports + Outdoors is recalling about 35,300 Magellan Odyssey rocker chairs because the chair’s legs can break. Etcetera: Caleres, Salomon, PrimaLoft, Target, Hibbett, PGA Tour Superstore, Revel Bikes
01/21/2026 JD Sports’ U.S. Holiday Comps Rise
The U.K.-based retailer’s North American business was a bright spot in the first nine weeks of Q4 through Jan. 3, comping up 1.5% and growing 5.3% on an organic basis, a sequential improvement from Q3’s -1.7% comp. Moncler Sets Leadership Transition
The luxury skiwear and apparel company tapped Bartolomeo “Leo” Rongone as group CEO, effective Apr. 1, succeeding Remo Ruffini, who has held the role since 2003. Night Fishon Acquires Zaffiri Precision
The firearm accessory maker has inked an agreement to acquire FL-based Zaffiri Precision as Night Fishon aims to expand its aftermarket offerings and manufacturing capabilities. Precision53 Buys The Iron Factory
P53, the luxury golf club maker, has acquired substantially all manufacturing assets of its long-time supplier The Iron Factory, including heavy industrial equipment for club machining, refinishing, and chroming. Firearms Trade Mixed in September
The gun import malaise continued in Sep., according to ITC data compiled by the NSSF, as handgun imports declined 47% to 163,505 units, with pistols dropping 46% to 151,627 units and revolvers down 57% to 11,878. Lululemon Pulls See-through Bottoms
Following multiple complaints that its Get Low bottoms are too see-through when stretched, LULU has temporarily removed them from its U.S. and Canadian e-commerce sites. Etcetera: Penfold Golf, Champro Sports
01/20/2026 More Tariff Threats as Study Finds Consumers Pay 96%
As the wait for a Supreme Court ruling on current tariff measures continues, Pres. Trump added another wrinkle with a proposed slate of levies against European nations that oppose the U.S. acquisition of Greenland, which triggered an emergency meeting of European leaders over potential retaliation. Anta Sports’ Sales Stumble in Final Quarter
The Chinese sportswear giant said its final-quarter revenue from the core Anta brand was down low single digits, lapping a high single-digit improvement last year, but finished the year up low single digits. Nike Elevates Three Veterans as Region Heads
After CEO Elliott Hill moved to flatten the Eager Beavertons’ senior leadership structure last month, he has now named three new geography VP/GMs. Lululemon Board Members Targeted as Proxy Fight Heats Up
LULU founder Chip Wilson is now calling for two directors associated with private equity firm and early investor Advent to step down from the company’s board.
The WA-based headwear retailer listed just $48,543 in assets against $625,599 in liabilities in filing for Ch. 11 protection in W. WA bankruptcy court, following a sharp downturn in demand in 2024 after strong growth in 2020 through 2023. Renfro Taps Hosiery Veteran as President and CEO
The footwear, apparel, and socks supplier elevated its current SVP global business development and chief innovation officer, Jay Robinson, to president and CEO, succeeding Stan Jewell. Xtep Expands Southeast Asian Distribution
The Chinese sportswear brand is forming a joint venture with Bonia to accelerate its presence in Malaysia, the largest sportswear and footwear market in Southeast Asia. Selkirk Sport Receives Additional Funding
The pickleball equipment manufacturer scored a major, but unspecified, investment from PE firm Bluestone Equity Partners, which will get a seat on the company’s board of directors. Reju Plans First U.S. Regeneration Hub in Rochester, NY
The Paris-based textile recycling company launched its first Regeneration Hub in Frankfurt, Germany, a year ago, and has now acquired 18.9 acres at Eastman Business Park in Rochester, NY, for a U.S. facility. Etcetera: Agilitas Sport, Five Iron Golf, OrthoLite, Turtle Fur, Imperial, Schuh, Dunlop, Puma
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