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Daily News Feed 07/27/2026 Frasers Group Acquires Scottish Retailer
The UK retail conglomerate’s buying spree continues with the acquisition of the IP of Scottish-based Greaves Sports, following its deals for Maxi Sports, XXL, and several fashion outlets and shopping centers over the last 18 months. Genesco Names Petersson to Lead Schuh
GCO tapped longtime consumer and omnichannel veteran Tomas Petersson as president of Schuh, succeeding Colin Temple, who is retiring after 38 years with the retailer, including 15 years as president. Etcetera: Shoe Show, Unisport, Hyperwear, Skims
07/24/2026 Trump Administration Imposes Broad Global Tariffs
Using the pretext of failing to prevent forced labor, the Trump administration imposed 10% to 12.5% Section 301 tariffs on 59 countries and the European Union, neatly replacing the expiring temporary 10% tariff imposed under Section 122 in Feb. Yue Yuen Warns Profits will be Halved
The footwear manufacturer and parent of Chinese retailer Pou Sheng said that net income attributable to shareholders would be down around 55% to 60% to roughly $60 million in the first half from $171.2 million, as weak demand and a tough operating environment hit the bottom line. Bass Pro Parent Gets Outlook Upgrade
Great Outdoors Group’s outlook was revised to stable from negative, and Moody’s affirmed its Ba3 corporate family rating and other debt level ratings, citing improving operating performance. Acushnet Ratings Affirmed by Moody’s
The ratings agency said that GOLF’s growing customer base, engagement, and popularity support a healthy EBITDA margin, with golf consumables helping offset slowing golf club sales. National Park Visits Slump in June
National Park recreational visits declined 7% year-over-year to 35,508,942 from 38,173,576 in the seasonally important month, and year-to-date visits were off 4% to 144,513,839 against 149,750,899. Etcetera: Fanatics, Lululemon, Dick’s, On, Under Armour
07/23/2026 Deckers Ups Earnings Guidance on Stronger Gross Margins
Net income inched up 2% in the fiscal first quarter ended June 30 to $133,259,000 from $130,768,000 as balanced growth from Ugg and Hoka sent the top line 6% higher to $1,019,531,000 from $964,538,000. Nike Loses Big in Sex Discrimination Suit
A jury found the Swoosh liable Tuesday after the eight-year-long Cahill v. Nike, Inc. sex discrimination saga was finally heard in U.S. District Court, stating Nike should pay $7.5 million in punitive damages for violations of Title VII of the Civil Rights Act and a matching $7.5 million for Oregon Equal Pay Act violations to sole remaining plaintiff Heather Hender.
The bottom line at the Swedish maker of antimicrobial fabric treatments swung to a SEK 5,851,000 ($0.6 mm) profit in the second quarter, up from last year’s loss of SEK 3,125,000, on flat revenues of SEK 32,091,000 ($3.4 mm) versus SEK 31,945,000. Frasers Group Extends Accent Group Takeover Bid
Frasers Group extended its buyout offer for the ANZ distributor and regional Sports Direct operator Accent Group to the end of Sep., after its initial bid received little interest. Etcetera: Kontoor Brands, Joola, Wild Country
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