The outdoor performance brand is aiming for a 10% revenue CAGR in a new five-year plan laid out during its first investor day under Kontoor Brands ownership, targeting $1.1 billion in revenue for 2030 while boosting profitability on a three-pronged focus of “supercharge the U.S.,” “win in premium outdoor,” and “power workwear.”

Net income soared 165% in the second quarter to $8,381,000 from $3,165,000 as TLYS operating momentum continued, with revenues 8% higher at $163,508,000 against $151,256,000 and blended comps up 12.1%.

Starter and Converse apparel are starting to scale, and Levi’s was also a highlight in the second quarter for GIII, with meaningful expansion, CEO Morris Goldfarb reported.

The Finnish smart ring maker named four tech industry veterans to its board of directors as it finalizes its preparations for a highly anticipated IPO as soon as later this month.

NSSF’s adjusted NICS FBI background checks improved 2.2% to 1,115,410 in August from 1,091,342, marking the sixth consecutive month of growth. Year-to-date checks are up by 3.7%.

Los Angeles’ Counterfeit and Piracy Enforcement Team unearthed around 25,898 counterfeit Nike, Adidas, and other branded streetwear items during an inspection, with a retail value of more than $10 million.

Net loss narrowed to $4,427,000 in the second quarter from a loss of $7,083,000 last year, helped by better product margins and SG&A savings, as revenues inched up 1% to $295,583,000 from $293,899,000, including a flat comp.

The embattled camera manufacturer lived up to its action sports roots with a wild opening to the week, as today’s announcement of a merger with privately held, AI-focused firm Starman Optical followed Monday’s disclosure that YouTuber Mark “Markiplier” Fischbach had become its largest shareholder, sending the stock price soaring.

New Wave Group, the Swedish parent of sports brands Craft and Cutter & Buck and distributor of other labels, inked an agreement to acquire the German-based football and handball supplier, adding Uhlsport and Kempa to its portfolio of brands.

The Eager Beavertons’ last F1 deal ended in 2002 when seven-time World Drivers Champion Michael Schumacher defected to Fila, but senior Nike executives have recently been in discussions with Formula One Management, Sports Business Journal first reported.

Youth team sports equipment sales reached $1.6 billion in the U.S. for the year ended Jul. 2026, growing 3% year-over-year despite unit sales that declined 3%, according to Circana.

High school sports participation continued its post-pandemic momentum last school year with a fifth consecutive increase to a record 8,415,684 participants, up 2% over the prior year, according to the annual NFHS High School Athletics Participation Survey.

Net loss narrowed at the diversified brand owner, retailer, and real estate company to HK$ 9,980,000 ($1.3 mm) in the first half from a loss of HK$ 13,322,000 on revenue that improved 17% to HK$ 173,089,000 ($22.1 mm) against HK$ 148,229,000.

The Finnish kids’ outdoor and activewear company grew sales 14% to €11,101,000 ($12.9 mm) from €9,734,000 in the second quarter with a net loss of €7,430,000 against an €18,161,000 profit last year that included an eight-digit windfall from renegotiated loan terms.

Nordic Outdoor Group AS has signed an agreement to acquire the Swedish sport-fishing and outdoor company Bios Aktiebolag, owner of the iFish brand, for undisclosed terms.

The former Foot Locker chief supply chain officer will oversee operations at Nike’s struggling legacy sneaker brand, reporting to EVP and COO Venky Alagirisamy.

LULU and AMZN filed suit in a WA district court, accusing several online sellers of infringing the Lululemon trademark by selling counterfeit Everywhere belt bags.

The employee-owned retail chain grand opened a new store in Cedar Park, TX, bringing its U.S. fleet to 35 locations across 16 states and adding its second store in the Lone Star State.