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April 17, 2025


No NewsWire on Good Friday

In observance of the Easter federal holiday we will not be publishing on Friday, April 18. We will resume publishing on Monday, April 21.

Trump’s China Tariffs Get Silly, but Other Negotiations Bear Fruit

As collective U.S. levies against China scale up to 145%, with a recent White House document hinting at an absurd 245% figure, Beijing trained its eye on the U.S. service sector for retaliation as trade between the countries plummets.

Industry Revenue Growth Slowed Last Year, SFIA Finds

Total sports equipment, apparel, and athletic footwear sales were up 2.9% to a record $116.7 billion for 2024, posting the lowest growth rate since 2020 but besting a majority of the 2010-’19 decade, according to the Sports & Fitness Industry Association’s 2025 Manufacturers’ Sales by Category Report.

Stella Int’l Sees Athletic Sales Rise in Q1

Revenues at the high-end sneaker maker slipped 2% to $331.0 million to start the year, down from $338.4 million in Q1, 2024, lapping a 26% increase last year.

Xtep Reports Solid Growth in Q1

The Chinese sportswear brand said its retail sell-through increased mid-single digits, including both e-commerce and in-store sales, in the first quarter of 2025 after a strong Q4.

Yue Yuen Warns of Q1 Profit Drop

The Chinese footwear maker and retailer said that net income for the first quarter is expected to decline by no more than 25% from last year’s stellar $100 million result.

Sports Endeavors Buys Soccer Master

Seawall Capital-backed Sports Endeavors has acquired Soccer Master, a six-door soccer specialist based in St. Louis, MO.

CPSC Recall: Women’s Boots

The North Face is recalling about 21,100 pairs of women’s Shellista V Mid waterproof boots because the hook of one boot can catch on the lace of the other boot, posing a fall hazard.

Etcetera: L.L. Bean, United Wheels, Academy, Brooks

 
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