Japan and South Korea will face 25% blanket levies starting Aug. 1, according to the first of a series of promised letters from the Trump Administration, unilaterally imposing tariffs after a deal with Vietnam was announced last week.

Following JD Sports’ acquisition of Hibbett last year and Dick’s recently announced plan to add Foot Locker, struggling West Coast retailer Big 5 has now entered into a definitive merger agreement to go private.

The Netherlands-based parent of Raleigh and other bike brands said revenues tumbled 22% in 2024 to €1,009 million ($1,097 mm) from €1,294 million the year before and generated an EBIT loss excluding one-offs in line with 2023’s €13 million in red ink.

Head was the winning bidder for the troubled Aqualung Group, the Commercial Court of Nice ruled last week, and will add several water sports brands to its existing portfolios, SGI Europe reported.

MT-based Peak Ski Co. is closing amid lawsuits and missed paychecks, just three years after its launch by Olympic athlete Bode Miller and resort executive Andy Wirth, according to the Colorado Sun.

The sustainable sneaker brand replaced its $50 million revolving credit facility that would have matured next Apr. with a new revolver in the same amount but with a $25 million accordion feature that matures June 30, 2028.

RGR inked a deal to buy the assets and production capacity of Anderson Manufacturing, which makes lower-priced AR-format rifles and components.

Germany-based Uvex Group’s founding families Winter and Grau have sold a controlling stake in the company to private equity firm Warburg Pincus.

1991 Outdoors has inked an agreement to acquire the fly fishing maker known for its Thingamabobber strike indicator for undisclosed terms.

MTN upsized its offering of 5.625% unsecured senior notes due in 2030 to $500 million from $400 million.

NSSF-adjusted NICS checks were 5.1% lower last month to 1,004,986 compared to 1,059,037 a year ago, marking the fifth consecutive month of declines.

The Lulunatics filed suit in CA district court accusing Costco of infringing on their trade dress and patents with copycat hoodies, jackets, and pants.

Polaris subsidiary Teton Outfitters is recalling about 228,000, 509 and 509 for Polaris helmets because they fail to provide sufficient crash protection.