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Daily News Feed 07/14/2026 Back-to-School Spending on the Rise, NRF Finds
In contrast to last week’s Deloitte survey, the National Retail Federation’s annual survey with Prospect Insights & Analytics found that Back-to-School spending will top the former banner year of 2023 at both the K-12 and college levels.
Rawlings Sporting Goods co-owner Seidler Equity Partners is looking to offload its stake in the 139-year-old company at a valuation in the $2 billion range, Bloomberg reported, citing sources familiar with the matter. Kästle USA Shifts Leadership Team
The Austrian ski brand announced that Steven Poulin, who has served as CEO since 2024, will step down from the company, effective Aug. 27, to be succeeded by Jed Duke, who becomes managing director. Under Armour Scores Partial Win in Bioceramic Suit
Under Dog sees a PA federal court judge rule in its favor, granting the company a partial summary judgment, dismissing Multiple Energy Technologies’ antitrust, false advertising, and state-law unfair competition claims. Etcetera: Adidas, Arena, Millennium Outdoors, AGM Global Vision, Replay Sports Cards
07/13/2026 Outdoor Biz is Booming, GOA Chief Says
Independent outdoor retailers are posting a wave of green arrows for FY 2025 and FY ‘26 through May, their best performance since the 2021-22 post-pandemic peak, according to the Grassroots Outdoor Alliance’s mid-year update shared on LinkedIn by president Gabe Maier. Sporting Goods Sales Rise Double Digits in June
June sales at sporting goods, hobby, music, and book stores improved 18.53% year over year on an unadjusted basis, but only grew 0.45% seasonally adjusted, according to the CNBC/NRF Retail Monitor. RevolutionRace is Acquiring ICANIWILL
RevolutionRace parent RVRC Holding AB has agreed to acquire 90.1% of Swedish training apparel brand ICANIWILL AB at a fully diluted, cash- and debt-free value of SEK 700 million ($72.0 mm). Genesco Secures Two More Endorsements in Proxy Battle
Egan-Jones Proxy Services and Glass Lewis have joined Institutional Shareholder Services in recommending that GCO shareholders approve the full 9-director slate ahead of its July 21 Annual Meeting. Misto Holdings Expands Lifestyle and Fashion Footprint
The Fila parent is collaborating with local and global partners in China for its Rest&Recreation and Raive brands to expand its footprint in the Middle Kingdom. A Sneaker City Files for Bankruptcy Protection
With landlords pursuing millions in lease payments from closed stores, A Sneaker City Albany Inc. filed for Ch. 11 in No. NY federal bankruptcy court, listing assets of just $47,600 in inventory at its single remaining store at Crossgates Mall. Etcetera: Puma, Lowa, Gymshark, MidwayUSA, Wilson, Warne
07/10/2026 Families Are Spending Less and Spending Later for Back-to-School
Back-to-School spending will fall to $557 per child from $570 last year, and parents plan to push purchases into Aug. or even Sep., according to the 2026 Deloitte Back-to-School Survey, which estimated total BTS spend at $30.4 billion this year. Himaraya’s Profits Squeezed by Gross Margin Pressure
Net income at the Japanese retailer plummeted 90% to ¥19 million ($0.1 mm) from ¥189 million, despite sales that came in 1% higher at ¥45,248 million ($288.4 mm) from ¥44,707 million for the nine months ending May 31.
Yue Yuen’s footwear manufacturing revenue was down 11% in June to an implied $438,007,000 from $492,884,000 last year, while total revenue at the Chinese company narrowed 10% to $593,852,000 from $657,399,000 for the month. Adidas Shuffles European Leadership
The Big a appointed long-time executive Claus-Peter Mayer as general manager for Central Europe, effective Sep. 1, succeeding Marina Moguš, who is leaving the group after 19 years to pursue an opportunity outside the sporting goods industry. Newton Golf Swaps Debt for Preferred Stock
The golf equipment company completed an exchange of $2.3 million in promissory notes held by director Brett Widney Hoge for Series A convertible preferred stock that pays a 10% dividend. Etcetera: Elan, Turtleson, Bass Pro Shops
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