SGI is closed this coming week for the Independence Day holiday. We will resume posting SGI NewsWire on July 7, and our next weekly issue will be July 11.

Details are still few and far between, but President Trump confirmed yesterday that the U.S.-China trade deal negotiated in London and Geneva earlier this month has now been signed.

The luxury skiwear brand launched a public offering of 10,000,000 shares of its Class A common stock for $.30 per share, totaling gross proceeds of $3 million.

After budget bill revisions mandating the sale of millions of acres of public land were blocked by the Senate parliamentarian this week under the Byrd Rule, Senator Mike Lee (R-UT), who originally proposed adding the land sale requirement, countered with a scaled-back version.

The Eager Beavertons' revenues in their final fiscal quarter ended May 31 beat expectations but were still down 12% from a year ago to $11,097 million from $12,606 million, and the bottom line dwindled to just $211 million, down 86% from $1,500 million prior.

Net loss narrowed 81% to $989,000 from $5,302,000 in the fiscal fourth quarter ended Apr. 30, on sales that were up 34% to $61,942,000 from $46,299,000, partially benefiting from retailers pulling forward orders in the last three weeks of the quarter ahead of tariff increases, contributing about $9 million.

The high-end Japanese golf club maker reported a ¥264.2 million ($1.7 mm) loss for the fiscal year ended Mar. 31 against a ¥4,828.1 million profit, on revenues that declined 17% to ¥21,672.1 million ($143.1 mm) from ¥26,222.9 million in a cooling market.

TaylorMade is sitting in the crosshairs of a potential legal battle between one of its largest strategic investors, fashion retailer F&F, and its current majority owner, Centroid Investment Partners, a Korean private equity firm.

Aqualung’s former CEO and long-time Rossignol chief faces competition from Austrian group Head to acquire the company out of receivership, SGI Europe reported, with a ruling from the Nice Commercial Court expected imminently.

A revision to the House budget package mandating the sale of millions of acres of public land has been foiled after the Senate parliamentarian determined the proposal by Senator Mike Lee (R-UT) would violate the chamber's rules.

Coleman is recalling about 229,000 Converta camping cots and Converta camping suspension stretchers because the backrest fold mechanism can pinch consumers’ fingers.

The bottom line at the Chinese sportswear maker swung back to a RMB 207,000,000 ($29.0 mm) profit from a loss of RMB 639,359,000 for the fiscal year ended Mar. 31 on revenue that was down 4% to RMB 1,680,135,000 ($235.2 mm) from RMB 1,744,023,000.

Compass Diversified expanded its non-reliance warning to include 2022 and 2023 financial statements as the probe into irregularities in its jewelry retail subsidiary’s accounting practices continues.

The CA-based chemical recycling specialist has raised $21 million in a new funding round led by Taranis, an investment entity owned by Perenco Group that focuses on sustainability.

VF Corp. tapped Valentina Visconti Prasca as president of its Napapijri apparel and bag brand, succeeding Silvia Onofri, who has departed to become CEO of Miu Miu.

Wilson Combat’s sister company, Lehigh Defense LLC, has acquired the assets of firearm component maker Performance Engineering from owners Darla and Russ Narzinski, who have decided to retire.

National Park recreational visits fell 6% year-over-year to 30,995,719 last month from 32,913,479, while year-to-date visits declined 4% to 109,210,480 against 113,954,310.