Sporting Goods Industry News for April 08, 2025
Along with ongoing tariff escalations, the Trump administration also revealed last week that the de minimis exemption for China and Hong Kong will end May 2, with the status of other countries still up in the air.
The Big Cat elevated its SVP of marketing and brand strategy, Tara McRae, to lead Puma North America, succeeding Bob Philion, who will step down from the role after 20 years with the company, including eight of those heading up the region.
Interactive Strength, which trades on Nasdaq under the symbol TRNR, inked an agreement to acquire the Swiss smart indoor bike maker in an all-stock transaction.
The Canadian running apparel maker hired Jano Arabaghian, most recently Vans’ senior sales director for the U.S. and Canada, as its first CEO.
The industrial yarn and footwear component supplier intends to fully exit the yarns business run by its Performance Materials unit in Kings Mountain, NC, following a strategic review of operations here, which started in Q4 2024.
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