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Daily News Feed


07/13/2026


Outdoor Biz is Booming, GOA Chief Says

Independent outdoor retailers are posting a wave of green arrows for FY 2025 and FY ‘26 through May, their best performance since the 2021-22 post-pandemic peak, according to the Grassroots Outdoor Alliance’s mid-year update shared on LinkedIn by president Gabe Maier.

Sporting Goods Sales Rise Double Digits in June

June sales at sporting goods, hobby, music, and book stores improved 18.53% year over year on an unadjusted basis, but only grew 0.45% seasonally adjusted, according to the CNBC/NRF Retail Monitor.

RevolutionRace is Acquiring ICANIWILL

RevolutionRace parent RVRC Holding AB has agreed to acquire 90.1% of Swedish training apparel brand ICANIWILL AB at a fully diluted, cash- and debt-free value of SEK 700 million ($72.0 mm).

Genesco Secures Two More Endorsements in Proxy Battle

Egan-Jones Proxy Services and Glass Lewis have joined Institutional Shareholder Services in recommending that GCO shareholders approve the full 9-director slate ahead of its July 21 Annual Meeting.

Misto Holdings Expands Lifestyle and Fashion Footprint

The Fila parent is collaborating with local and global partners in China for its Rest&Recreation and Raive brands to expand its footprint in the Middle Kingdom.

A Sneaker City Files for Bankruptcy Protection

With landlords pursuing millions in lease payments from closed stores, A Sneaker City Albany Inc. filed for Ch. 11 in No. NY federal bankruptcy court, listing assets of just $47,600 in inventory at its single remaining store at Crossgates Mall.

Etcetera: Puma, Lowa, Gymshark, MidwayUSA, Wilson, Warne

07/10/2026


Families Are Spending Less and Spending Later for Back-to-School

Back-to-School spending will fall to $557 per child from $570 last year, and parents plan to push purchases into Aug. or even Sep., according to the 2026 Deloitte Back-to-School Survey, which estimated total BTS spend at $30.4 billion this year.

Himaraya’s Profits Squeezed by Gross Margin Pressure

Net income at the Japanese retailer plummeted 90% to ¥19 million ($0.1 mm) from ¥189 million, despite sales that came in 1% higher at ¥45,248 million ($288.4 mm) from ¥44,707 million for the nine months ending May 31.

Yue Yuen’s Struggles Continue

Yue Yuen’s footwear manufacturing revenue was down 11% in June to an implied $438,007,000 from $492,884,000 last year, while total revenue at the Chinese company narrowed 10% to $593,852,000 from $657,399,000 for the month.

Adidas Shuffles European Leadership

The Big a appointed long-time executive Claus-Peter Mayer as general manager for Central Europe, effective Sep. 1, succeeding Marina Moguš, who is leaving the group after 19 years to pursue an opportunity outside the sporting goods industry.

Newton Golf Swaps Debt for Preferred Stock

The golf equipment company completed an exchange of $2.3 million in promissory notes held by director Brett Widney Hoge for Series A convertible preferred stock that pays a 10% dividend.

Etcetera: Elan, Turtleson, Bass Pro Shops

07/09/2026


ABC-Mart Posts Strong Q1 Growth

Net income at the multi-banner Japanese apparel and footwear retailer grew 10% to ¥14,296 million ($88.6 mm) from ¥12,953 million for the first quarter ended May 31, as sales totaled ¥105,483 million ($654.0 mm), up 8% from ¥97,698 million.

GoPro Founder Lends It $20 Million

The embattled action camera company received a $20 million lifeline from its founder and CEO, Nick Woodman, who is providing the funds through the issuance of senior secured notes and warrants to purchase the company’s Class B common stock, issued via affiliated entities.

L.L. Bean Adds Sporting Goods and Fashion Execs to Board

The Maine-based retailer’s shareholders confirmed the appointments of Tracksmith CEO Jared Carver and former Glossier CEO Kyle Leahy as independent directors, bringing experience in brand marketing, merchandising, retail transformation, and growth.

MidwayUSA Names New President

The firearms dealer and e-tailer promoted longtime employee Jeff Larkin to president, where he’ll oversee all company operations and focus on innovation and process streamlining.

After Appeals Court Setback, Under Armour Gets a Break

Under Dog had to repay about $90 million advanced by insurers toward its shareholder securities class action settlement, but it will not have to pay $2.5 million in prejudgment interest to eight excess insurers.

BSN Sports Sues Former Employees over Trade Secrets

The Varsity Brands-owned team dealer is suing three former sales employees in FL district court and has filed a similar action against their new employer, Baker’s Sport, in TX district court, alleging the defendants breached their non-compete agreements.

CPSC Recall: Biometric Gun Safes

Importer Jomani International is recalling about 9,100 BBRKIN gun safes because unauthorized users can open the biometric lock.

Etcetera: Onitsuka Tiger, S&S, Carbitex, Millennium Outdoors, Vuori

 
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