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Daily News Feed 07/09/2026 ABC-Mart Posts Strong Q1 Growth
Net income at the multi-banner Japanese apparel and footwear retailer grew 10% to ¥14,296 million ($88.6 mm) from ¥12,953 million for the first quarter ended May 31, as sales totaled ¥105,483 million ($654.0 mm), up 8% from ¥97,698 million. GoPro Founder Lends It $20 Million
The embattled action camera company received a $20 million lifeline from its founder and CEO, Nick Woodman, who is providing the funds through the issuance of senior secured notes and warrants to purchase the company’s Class B common stock, issued via affiliated entities. L.L. Bean Adds Sporting Goods and Fashion Execs to Board
The Maine-based retailer’s shareholders confirmed the appointments of Tracksmith CEO Jared Carver and former Glossier CEO Kyle Leahy as independent directors, bringing experience in brand marketing, merchandising, retail transformation, and growth.
The firearms dealer and e-tailer promoted longtime employee Jeff Larkin to president, where he’ll oversee all company operations and focus on innovation and process streamlining. After Appeals Court Setback, Under Armour Gets a Break
Under Dog had to repay about $90 million advanced by insurers toward its shareholder securities class action settlement, but it will not have to pay $2.5 million in prejudgment interest to eight excess insurers. BSN Sports Sues Former Employees over Trade Secrets
The Varsity Brands-owned team dealer is suing three former sales employees in FL district court and has filed a similar action against their new employer, Baker’s Sport, in TX district court, alleging the defendants breached their non-compete agreements. CPSC Recall: Biometric Gun Safes
Importer Jomani International is recalling about 9,100 BBRKIN gun safes because unauthorized users can open the biometric lock. Etcetera: Onitsuka Tiger, S&S, Carbitex, Millennium Outdoors, Vuori
07/08/2026 Hydro Flask and Osprey Post Gains in Q1
Revenues at Helen of Troy’s Home & Outdoor segment, which includes Hydro Flask and Osprey Packs, were up 10% to $194.9 million for the fiscal first quarter ended May 31. Genesco Picks Up ISS Endorsement in Proxy Battle
The Journeys’ parent is facing a proxy challenge from activist investor Radoff-Jumana Group, which is seeking to oust directors Joanna Barsh and Thurgood Marshall Jr. and secure seats for their candidates, former Stabilis Solutions CEO Westervelt T. Ballard Jr. and investment banker Paula J. Poskon. Beyond Yoga’s E-commerce Revenues Soar
Levi’s women’s yoga brand grew sales 16% to $42.6 million from $36.8 million in the fiscal second quarter ended May 31, powered by a 23% jump in direct-to-consumer, largely from online sales growth.
The Swiss sportswear brand is splitting its commercial leadership into two distinct roles, elevating Rebecca Cai from general manager of APAC to chief global markets officer, while Alice Delaunt joins the company as chief customer officer. Retail Imports Up over Impending Tariffs
Cargo imports at major container ports grew 15% to 2.24 million Twenty-Foot Equivalent Units in May, as retailers ordered early to stay ahead of expected tariff increases, according to the NRF and Hackett Associates’ Global Port Tracker report. Birkenstock’s Ratings Affirmed by Fitch
The ratings agency affirmed the German footwear maker’s long-term issuer default rating at BB+, with a stable outlook, citing Birkenstock’s strong operating performance and strong cash flow after the announced debt-funded share buyback. Etcetera: Whoop, S&S, Dick’s, Boyd Cycling, Fischer Skis
07/07/2026 Early Holiday Forecast Sees Younger Shoppers Spending More
A quarter of U.S. shoppers are planning to boost their Holiday 2026 budget over the prior year and begin shopping earlier than ever, according to Salsify’s 2026 Holiday Pulse Report. Paddletek Group Adds Pickleball Brand
Paddletek has inked an agreement to acquire PIKKL, adding the pickleball equipment brand to its portfolio that includes Paddletek, ProXR, Padeltek, and Yobow. KMD Brands Names Turnaround Exec as Director
The Oboz, Kathmandu, and Rip Curl parent appointed Ian Morrice as an independent non-executive director to its board, effective Aug. 20, to advance KMD’s Next Level turnaround strategy. Interactive Strength Buys Another Fitness Brand
The parent of Wattbike, CLMBR, FORME, and Ergatta connected fitness brands inked an agreement to buy STEPR, Inc., which makes connected stair climbers for the home and commercial markets. Etcetera: Lululemon, MiiR, Anta Sports, Vista Outdoor
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