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Daily News Feed 04/08/2026 ABC Mart Guides for 6% Growth this Year
Profit inched higher last year at the multi-banner Japanese apparel and footwear retailer, growing 2% to ¥46,346 million ($309.7 mm) from ¥45,358 million for the 12 months ended Feb. 28, as sales increased by the same percentage to ¥378,624 million ($2,529.7 mm) from ¥372,202 million. Dick’s Retail 101 Strategy Paying Dividends at Foot Locker
Early tests for the Footlocker Fast Break concept stores are getting strong support from vendor partners, Dick’s Sporting Goods said at the J.P. Morgan Retail Round Up, as the 21-door fleet has eliminated the “run-on sentence” of the FL wall of shoes. Retail Imports Forecast to Remain Lower through April
Imports fell short of projections in Feb., coming in down 4% to 1.95 million Twenty-Foot Equivalent Units, but the Middle East conflict had little effect, according to the NRF and Hackett Associates. Burton’s Chief Executive Steps Down
The iconic snowboard brand’s CEO, John Lacy, will step down after 29 years with the company, but will remain with the company until June to ensure a smooth transition, Shop Eat Surf Outdoor first reported. Kontoor Expands Helly Hansen Leadership
The Wrangler and Lee parent added responsibility for the Helly Hansen brand to the current CFO and global head of operations, Joseph Alkire. Joola Asks ITC to Exclude Knockoff Pickleball Paddles
Sport Squad (dba Joola) filed a complaint with the International Trade Commission seeking to block several companies from importing pickleball paddles that infringe on its “propulsion core” technology. Etcetera: Duck Camp, Nester, Rapha, Okuma, New Balance
04/07/2026 Academy Sports Maps Growth Strategy through 2030
The retailer put an $8.0 billion sales figure atop a new five-year plan unveiled at its 2026 Analyst Day, driving a 5% sales CAGR with 125 new stores, a low-single-digit comp, and e-commerce growth to 15% of the top line from the current 12%. Sporting Goods Categories Score Tariff Exemptions
Lobbying efforts by companies and trade organizations have resulted in the removal of many product categories from the scope of onerous 50% levies on steel and aluminum products, according to an Apr. 2 proclamation from the White House. IFit Names New President and CFO
The parent of Nordictrack, ProForm, and Freemotion hired veteran health and wellness industry executive Marc Washington as president and chief financial officer. Beyond Yoga Sales Increase 23%
Levi Strauss’ Beyond Yoga brand grew by 23% in the fiscal first quarter ended Mar. 1 to $43.3 million from $35.2 million, narrowing the operating loss to $0.8 million from a loss of $3.1 million prior. Fleet Feet Scores Nike Running Partnership
The 285-plus-door franchised running specialty chain inked an official vendor partnership with the Swoosh, aiming to improve Nike Running product assortments in its stores and to collaborate on event sponsorships. GoPro Plans 145 Staff Cuts in New Restructuring
The struggling action camera maker will slash about 23% of its workforce beginning in the second quarter of 2026, aiming to reduce operating costs and drive stronger operating leverage. Dick’s Derivative Class Action Trimmed Down
DKS sees a PA district court judge reject most of a Magistrate’s findings in a derivative class action against senior executives at the retailer, but the suit can move forward on several remaining claims.
The water sports industry pioneer and longtime member of the Sporting Goods Industry Hall of Fame passed away on Mar. 18, 2026. He was 90 years old. Etcetera: Solo Brands, Colt CZ Group, Boot Bananas, Stio, LifeLabs
04/06/2026 Pon Bike Revenues Slip in 2025
Dutch conglomerate Pon Holdings’ Pon.Bike division posted sales of about €2 billion in 2025, down from €2.1 billion the year before, while maintaining profitability in a choppy environment, though hard figures were not available further down the P&L. Crocs Scores Upgrade from Moody’s
The ratings agency raised Crocs’ corporate family rating to Ba2 from Ba3 and also bumped up its debt-level ratings on the clogmaker, while revising its outlook to stable from positive.
The Eager Beavertons have shuttered or suspended all of their boutique fitness studios’ operations, according to multiple reports.
The U.S. Ski Team filed suit in UT district court, accusing 360Sweater Company (dba Naked Cashmere) of infringing on its logo and marks. Etcetera: Adidas, L.L. Bean, Li Ning, Li Ning, Revel Bikes
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