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Daily News Feed


06/03/2026


Section 301 Investigations Shockingly Find Forced Labor Evidence

The Trump Administration announced plans for a slate of 10% to 12.5% tariffs based on the results of the March Section 301 investigations, covering 60 trading partners accounting for nearly all imported goods, as the temporary 10% global tariff prepares to sunset in July.

Tilly’s Comps Rebound in the First Quarter

Net loss was slashed by almost two-thirds to start the year, just $7,953,000 in the red against $22,152,000, as revenues jumped 16% to $124,718,000 from $107,611,000 and comps soared 22.9%.

Crocs Turnaround Gains Momentum, with Heydude Bouncing Back

The speed bumps of H2 2025’s inventory rightsizing are giving way to clear growth paths, CROX said at the Baird Global Consumer, Technology & Services Conference, as North American DTC continues to pick up steam from its positive Q1 performance.

Authentic Brands Scores S&P Global Upgrade

The owner of Reebok, Champion, and dozens of other brands was upgraded to BB- from B+ by S&P Global, including its issuer credit rating and issue-level ratings on its first-lien senior secured debt.

ThredUp Wants to Dominate the Second-Hand Market

The apparel and footwear resale platform is aiming for $500 million in sales, aided by the logistics infrastructure it built over the past several years, plus AI, James Reinhart revealed at the William Blair Annual Growth Stock Conference.

NICS Checks Rise Again in May

NSSF’s adjusted NICS FBI background checks were up for the fourth consecutive month, increasing 3.2% to 1,105,758 in May from 1,071,685, and are up by 1.9% for the year thus far.

Etcetera: Asics, Fox Factory

06/02/2026


Sportsman’s Warehouse Grows Hunting and Fishing in Q1

The outdoor retailer’s red ink totaled $21,848,000 in Q1, compared with a loss of $21,254,000 a year ago, as sales increased 3% to $256,078,000 from $249,103,000 in the seasonally slow quarter, with same-store sales growing 2.1%.

Li-Ning Signs Steph Curry to Reported 10-Year Deal

The four-time NBA Champion ended six months on the endorsement deal bench this week as Li-Ning and Curry announced that they have inked an agreement, making the Chinese sportswear giant Brand Curry’s new home.

Johnson Health Tech Profits Tumble on Strategic Spending

The Taiwanese exercise equipment maker’s bottom line cratered 91% to TWD 23.9 million ($0.8 mm) down from TWD 276.3 million, despite sales that improved 11% to TWD 11,791.9 million ($372.0 mm) against TWD 10,609.5 million.

Asics Ventures will Host Annual Startup Pitch in Michigan

The Japanese sportswear company’s venture arm will host a pitch competition on Oct. 22 in Ann Arbor, MI, for startups in the wearables, retail technology, digital spaces, or wellness space.

Katadyn Adds to North American Sales Team

The Swiss outdoor gear maker elevated Jeff Pratt to vice president of sales, and named Steve Drew as sales director, North America, as it aims to bolster N.A. operations.

Etcetera: OSC, S&S Activewear, NSGA, Sports Direct, Adidas, Nike

06/01/2026


Feng Tay Profits Tumble in Q1

A slimmer gross margin hit the sneaker and sporting goods maker’s bottom line in the first quarter, with net income attributable to shareholders down 41% to TWD 674.0 million ($21.3 mm) from TWD 1,148.8 million, as sales slipped 7% to TWD 19,234.9 million ($606.8 mm) from TWD 20,722.8 million.

Tariff Refunds Face Court Challenge

The relatively wrinkle-free period of the IEEPA tariff refund process may be coming to an end as the Justice Department indicated in a Friday court filing that it plans to appeal the U.S. Court of International Trade ruling that all companies that have levied tariffs are entitled to refunds, rather than just those who filed lawsuits.

ABC-Mart Acquires South Korean Shoe Retailer

ABC Mart has acquired all of Folder’s assets, including trademark and store operating rights, from E-Land World, expanding the multi-banner Japanese apparel and footwear retailer’s footprint in the South Korean market.

SanMar is Buying Fashion Blanks Supplier Bella+Canvas

SanMar has inked an agreement to acquire the fashion apparel maker, which will remain an independent brand offered through authorized wholesale distributors.

Oboz Footwear Girds for Growth with New Hires

The KMD Brands-owned rugged footwear brand added industry veterans Colin True and David Karstad to its senior leadership team.

Callaway Pays Off Term Loan

CALY said it had completed paying off the remaining $163 million that was outstanding under its term loan B facility, using cash on hand.

REI San Diego Votes to Unionize

Staff at the outdoor co-op’s San Diego, CA, store voted to join the United Food and Commercial Workers Union on May 29, making it the twelfth REI store to unionize and the largest in the country.

Etcetera: Dunham’s, Fleet Feet, Outdoor Holding

 
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