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Daily News Feed 02/02/2026 Accell Group Sales Tumbled 15% Last Year
It will be a steep climb back for the embattled parent of Raleigh and other bike brands, according to the latest ratings update from Fitch, which estimates Accell’s sales dropped 15% in 2025. RevolutionRace Delivers Growth in December Quarter
Profits at the Swedish outdoor apparel specialist increased 12% to SEK 140 million ($14.8 mm) from SEK 125 million in the fiscal second quarter ended Dec. 31, as revenues climbed 6% to SEK 726 million ($76.7 mm) from SEK 684 million. KMD Brands Sees Sales Momentum Continue
The Rip Curl, Kathmandu, and Oboz parent said that sales grew 8% for the five months ended Dec. 25, driven by direct-to-consumer, especially at Kathmandu over the Black Friday and Christmas retail trading periods. Puma Puts Training Under Marwin Hoffmann
The Big Cat is separating training into its own business unit, elevating it to the same level as current global focus categories running, football, and sportstyle. Peloton Announces More Layoffs
The connected fitness company is cutting around 11% of its workforce, primarily from engineering and technology teams, as Peloton aims to save $100 million annually amid declining sales and high operating expenses. Xtep Plans Concurrent Bond Purchases and Sales to Extend Maturities
The Chinese sportswear brand will pay 100.50% of the face value to repurchase all HK$500 million ($64.2 mm) of its 1.5% convertible bonds due 2026, and concurrently issue the same amount of zero-coupon convertible bonds due 2029. Giant Group Extends Labor Reforms
The Giant Bicycle parent launches its Phase Three recruitment fee remedy program, with expanded coverage applying to eligible former migrant workers who left the company during the two years preceding the U.S. Customs and Border Protection’s Withhold Release Order issued in Sep. Etcetera: Adidas, Descente, Replay Sports Cards, Orva, Anta
01/30/2026 S&P Downgrades Next Level Apparel Again
The ratings agency lowered its issuer credit rating and issue-level ratings for Next Level parent, YS Garments, first-line debt to D from CCC- after the company amended its credit agreement to extend the maturities of its debt facilities. YKK Vietnam Expansion Underway
The zipper maker broke ground on Phase 3 of its Nhon Trach, Vietnam factory build-out, a 1.08 million-sq.-ft. manufacturing facility projected to be completed by May 2027. Columbia Deploys Bear Poop Beer for Super Bowl
COLM is not running a commercial during the Super Bowl broadcast, but instead launched an unconventional campaign around the event featuring a new Nature Calls beer brewed by Portland’s Breakside, made with ingredients foraged from bear feces. CPSC Warns on BeePrincess Bike Helmets
CPSC is warning consumers to stop using BeePrincess adult bike helmets immediately because they do not meet impact attenuation, retention system, positional stability, and other helmet requirements. Etcetera: Rapala VMC, Blackout BMX
01/29/2026 Deckers Raises Guidance after Holiday Acceleration
Net income increased 5% in the fiscal third quarter ended Dec. 31 to $481,145,000 from $456,734,000 as sales grew 7% to $1,957,549,000 from $1,827,165,000 in the important seasonal quarter for Ugg. Adidas Finishes 2025 Strong, despite Rising ForEx Pressure
The Big a said that preliminary unaudited revenue last year increased 5% on a reported basis to €24,811 million ($27,878 mm) from €23,683 million, and was up 10% constant currency, reflecting a €1 million headwind from the strengthening euro. Winchester Plans Price Increases after Profits Drop in Q4
Olin’s ammunition segment sales grew 3% to $449.4 million from $435.4 million in the final quarter, but operating income plunged to just $0.6 million from $42.0 million. Supremes’ Tariff Ruling Now Coming Feb. 20 at the Earliest
Supreme Court justices are due back on the bench Feb. 20 following their winter recess, leading various outlets’ high court beat reporters to opine on whether a tariffs decision may come down upon their return. Rapala VMC USA Bolsters Sales and Product Development Team
The fishing equipment company elevated Charlie Davis to VP of product development, Sam McSharry to senior sales manager, national accounts, and Mike Baumgartner to director of sales. Designer Brands Sues Payment Processor
The DSW parent filed suit in OH district court against Worldpay after the payment processing company attempted to end their card-processing agreement prematurely, the company revealed in an SEC filing. Skechers Sues over Slip-ins Knockoffs
Skechers filed suit in S. NY district court against Easy Spirit and its parent company, Marc Fisher Holdings, for infringing on three patents related to the successful Hands Free Slip-ins franchise. CPSC Recall: Electric Bicycles
Trek is recalling about 19,890 model year 2026 Trek FX+ 1 and Electra Townie Go! electric bicycles because the rear wheel bolts can break when torqued, causing the wheel to separate from the bicycle. Etcetera: Genesco, Original Penguin, Los Cazadores, Srixon, Payntr Golf
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