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Daily News Feed 12/12/2025 Johnson Outdoors’ Sales Pick Up Steam to Finish Year
Net loss narrowed 15% to $29,050,000 from a loss of $34,266,000 in the fiscal fourth quarter ended Oct. 3 on revenues that improved 28% to $135,762,000 from $105,874,000, as sales picked up in the second half after a slow start to the year. Sporting Goods Sales Show Strong Growth in Nov.
Seasonally adjusted sales of sporting goods, hobby, music and book stores grew 0.28% month-over-month and by 8.96% year-over-year unadjusted according to the CNBC/NRF Retail Monitor. CPSC Recall: Trek Electric Bicycles
Trek is recalling about 700 model year 2026 Trek-branded Domane+ ALR 5, Domane+ ALR 6 AXS, Checkpoint+ SL 6, and Checkpoint+ SL 7 electric bicycles because the bolts on the chainring can come loose, causing it to separate from the bike.
12/11/2025 Lululemon CEO to Exit as U.S. Growth Slows
Calvin McDonald will step down from the top job at the end of LULU’s fiscal year on Jan. 31, the company revealed before reporting Q3 results, and will be succeeded on an interim basis by CFO Meghan Frank and president and CCO André Maestrini as acting co-CEOs. Nike Rollout Boosts Journeys’ Holiday
Since its Nov. 12 debut, Nike will expand through the teen retailer’s fleet in a planned rollout, Genesco said at the KeyBanc Consumer Conference, with allocations of Vomero and P6000 feeding the retro and running trends. Manchester United Retail Sales Improve in FQ1
ManU’s total commercial revenue inched down 1% to £84.2 ($113.8 mm) from £85.3 million in the first fiscal quarter ended Sep. 30, but retail, merchandising, apparel & product licensing increased 11% to £37.2 million ($50.3 mm). Report: Golden Goose Nears Sale
The Permira-owned luxury sneaker brand is nearing a potential €2.5 billion ($2.9 bb) sale to Chinese investment fund, HongShan (HSG), after months of negotiations, according to Bloomberg. True Sports Taps Ex-Goalie as President
True Sports appointed former NHL goaltender and long-time hockey industry executive Geoff Sarjeant as president, reporting to CEO, chairman, and owner W. Graeme Roustan. Agilitas Sports Scores Investment
The Indian sportswear and athleisure company received a ₹40 crore ($4.8 mm) investment from Indian cricket star Virat Kohli to accelerate the growth of his lifestyle label One8. Etcetera: Vans, Evo, True Spec Golf, Nike, Under Armour, On Running, Fanatics
12/10/2025 Vail Resorts’ Retail/Rental Business Grows 4%
Retail and rental revenue increased 4% to $30,791,000 from $29,526,000 in the seasonally small fiscal first quarter ended Oct. 31, and gross margin expanded by 240 basis points to 51.5%. Yue Yuen Manufacturing, Retail Lags in November
Yue Yuen’s footwear manufacturing revenue ticked down 3% in Nov. to an implied $494,229,000 from $511,161,000 last year, while total revenues at the Chinese footwear maker and retailer inched down 3% to $660,164,000 for the month. L.L. Bean Plans Eight Openings in 2026
In addition to the re-launch of its renovated Freeport, ME, flagship next fall, Bean is planning to open eight new stores in 2026, including its first in AL and TN, and another eight to ten stores in 2027. Kent Outdoors Secures $90 Million Credit Facility
The Seawall Capital-owned watersports and outdoor gear company inked a $90 million asset-backed credit facility with PNC Business Credit. S&S Activewear Closing York County DC
The apparel and accessories distributor is laying off about 128 workers at its Lewisberry, PA, distribution center, according to a WARN notice filed with the state Department of Labor and Industry.
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