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.

Grupo SBF’s Fisia subsidiary inked an amended agreement with the Eager Beavertons to continue their exclusive Brazilian distribution and retail partnership through May, 2034.

The owner of Reebok, Champion, and dozens of other brands has acquired a 51% stake in the IP of October’s Very Own, the premium lifestyle brand co-founded by Drake, while naming Vince Holding Corp. as OVO’s core global apparel and retail licensee.

Moody’s left Kontoor Brands’ Ba2 corporate family rating unchanged following a recent review, citing its iconic Wrangler brand and growth opportunities in hiking, skiing, sailing, and workwear apparel through Helly Hansen.

PTON and several of its officers saw an S. NY district court dismiss a proposed class action that claimed the connected fitness company’s execs concealed the truth about plunging post-pandemic demand for exercise bikes.

A No. CA federal court judge dismissed Quince parent Last Brand, Inc.’s allegation that Deckers was attempting to monopolize the shearling footwear market with a litany of “sham” trademark and trade dress lawsuits.