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Daily News Feed 09/08/2026 Holiday Forecast Sees Inflation, AI as Key Drivers
Holiday 2026 retail sales will break into 13 digits at $1,016 billion, according to Bain & Company, driven by inflation and unit growth for a 4.5% gain over 2025 as several macro tailwinds lift sales amid ongoing consumer caution. Report: Castore Exploring Sale
The U.K.-based apparel maker received multiple unsolicited approaches, Sky News first reported, and has now hired JPMorgan to field interest from potential suitors.
The Eager Beavertons will be removed from the S&P 100 effective Sep. 21, as part of the index’s quarterly rebalance, ending a run of nearly 18 years among the benchmark’s largest constituents.
The iconic snowboard brand tapped Denny Bruce as CEO, effective Sep. 21, succeeding Donna Carpenter, who had served on an interim basis since longtime chief John Lacy stepped down in June. Todd Spaletto Lands at Huckberry
The outdoor industry veteran has left Dick’s SG, where he most recently served in an advisory role, to join men’s apparel and footwear e-tailer Huckberry as SVP of strategy and a member of its board of directors. NSGA Adds Two to SG Hall of Fame
The members of the Sporting Goods Industry Hall of Fame’s Class of 2027 are Kurt Ainsworth, who co-founded baseball equipment powerhouse Marucci Sports, and Kelly Richardson of baseball cap maker Richardson Sports. Dick’s SG Sued over Foot Locker Deal
DKS, along with chairman Ed Stack, CEO Lauren Hobart, and CFO Navdeep Gupta, were hit with a proposed class action filed in W. PA district court brought by the Plumbers & Pipefitters Local Union #295 Pension Fund, accusing them of violating federal securities law. Etcetera: Fanatics, GrabAGun, Xcel Wetsuits, Industry Nine, Range USA, Volcom, Brooks, REI
09/04/2026 No NewsWire on Labor Day
In observance of the Labor Day federal holiday we will not publish SGI NewsWire on Monday, Sep. 7. We will resume publishing on Tuesday, Sep. 8. Oura Reveals Soaring Revenues in IPO Filing
The smart ring maker’s long-awaited S-1 was filed with the SEC this week, showing off 74% top-line growth to $1,214,506,000 from $697,569,000 in the nine months ended June 30, and net income of $60,768,000 against $1,573,000. S&P Global Revises Dick’s Outlook
The ratings agency changed DKS’ outlook to stable from positive, citing inventory build-ups across key brands, fewer footwear launches affecting its Foot Locker business, and pro forma leverage rising to the mid-2x area. Specialized Founder Returns to Helm
The bike maker will see founder Mike Sinyard return Nov. 1 to lead the company after stepping down from day-to-day operations four years ago, succeeding Armin Landgraf. Whyte Bikes Re-launches U.S. Wholesale
The Causeway Capital-backed British bike brand is returning to the U.S. with a dealer-first philosophy, built on direct U.S. operations and commitment to independent bike dealers with a phased regional rollout. Etcetera: Batta Walker Sales, Sea to Summit, Nike, Under Armour, Stan’s Sports Center
09/03/2026 Lululemon Slashes Guidance with New CEO on Deck
Net income fell by 11% in the second quarter to $329,223,000 from $370,905,000, and would have tumbled further except for $134.5 million in IEEPA tariff refunds, as revenues declined 4% to $2,415,631,000 from $2,525,219,000, pulled down by worsening conditions in the Americas and negative constant currency sales growth in China. Genesco Lowers Guidance, but Journeys Momentum Grows
Tariff refunds totaling $21.8 million more than offset $8.9 million in proxy contest and other charges, pushing GCO to a $3,479,000 Q2 profit from last year’s $18,471,000 loss, on 3% lower sales of $529,858,000 down from $545,965,000. Smith & Wesson Bounces Back in Q1, Outperforms Gun Market
The bottom line swung to a $2,588,000 profit in the fiscal first quarter ended July 31 from a loss of $3,411,000 on 32% higher sales of $112,587,000, up from $85,077,000 in the seasonally slow period. American Outdoor Brands Cuts Loss to Start FY27
Net loss narrowed 78% to $1,528,000 from $6,829,000 for the fiscal first quarter ended July 31 as net sales jumped 25% to $37,254,000 from $29,702,000, or up 4% when backing out a $6.0 million pull-forward in orders from FQ1 ‘26 into FQ4 ‘25. ATA Chief Jeff Poole to Retire
The Archery Trade Association announced that president and CEO Jeff Poole will retire on Jan. 31, 2027, concluding five years at the helm. San Diego Sport Innovators Announces Leadership Transition
SDSI elevated longtime executive director, Bob Rief, to Chair of the Board, succeeding John Sarkisian, who will move on to help lead the Bill Walton Foundation. CPSC Recall: Carbon Handlebars
Mondraker USA is recalling about 129 mountain bikes equipped with ONOFF S9 Carbon MTB handlebars because they can crack or fracture during use. Etcetera: Lululemon, Academy Sports, Outdoor Holding
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