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May 11, 2026


GoPro Reviewing Strategic Alternatives after Down Quarter

Another weak quarterly result has the action camera maker considering a sale of the company or a merger to maximize shareholder value, CEO Nicholas Woodman revealed on its Q1 conference call.

Trump’s Section 122 Tariffs Ruled Illegal

In a decision that will surely be appealed, the Court of International Trade in New York has ruled that the 10% tariff on all U.S. imports that the Trump Administration imposed in Feb. is illegal.

Yue Yuen Manufacturing Improves, but Retail Flat in April

Yue Yuen’s footwear manufacturing revenue improved 8% in Apr. to an implied $502,976,000 from $467,566,000 last year, while total revenues at the Chinese company grew 7% to $701,514,000 from $658,310,000 for the month.

Nike, Adidas, and Lululemon Face Class Actions over Tariff Refunds

Nike, Adidas, and Lululemon are among the brands facing separate proposed class action lawsuits by consumers who purchased products imported from countries subject to IEEPA tariffs.

CPSC Recalls: Bicycle Helmets

Favoto is recalling about 2,200 bicycle helmets because they don’t comply with requirements for positional stability, labeling, and certification.

Etcetera: Asics, Adidas, CMC Triggers

 
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