Revenues at the world’s largest bike maker have declined 15% to TWD 23.4 billion ($740 mm) for the first five months of 2026, but a May turnaround helped stanch the bleeding.

The former Allbirds CEO is the next president of COLM’s Sorel rugged fashion footwear brand, returning to the company where he once led Mountain Hardwear.

The Berkshire Hathaway-owned brand bolstered its wholesale division with several promotions, including Marc Misiewicz, a 26-year Brooks veteran, who was named VP of U.S. wholesale.

Gymshark was hit with a proposed class-action lawsuit filed in S. NY district court, brought by Mihaela Lupea, accusing the exercise apparel brand of doling out money to a vast army of social media influencers to promote its products online without disclosing that they are paid ads.

Net income soared 88% in the fiscal fourth quarter ended Apr. 30 to $16,222,000 from $8,634,000 as revenues expanded 27% to $178,388,000 from $140,762,000.

Despite weakness in consumer confidence, the Swedish outdoor equipment manufacturer is guiding for green arrows in organic, constant-currency growth, driven by new product launches, with a roughly 200 b.p. negative impact from ForEx on reported results.

Outdoor participation ticked up 1% to a record 183.2 million Americans aged 6 and older in 2025, according to the latest Outdoor Participation Trends Report from the Outdoor Industry Association and Outdoor Foundation, though frequency remains a concern.

Sporting goods, hobby, music, and book store adjusted sales grew 11.3% year over year last month to $8,826 million from $7,932 million, the Commerce Dept. said, and were up 0.3% sequentially.

AEG has completed the acquisition of Allbirds intellectual property assets for $39 million and announced a partnership with brand management and licensing platform WSG Brands as an operating partner.

The embroidery equipment maker inked an agreement to acquire Denmark-based Jet Sport, which specializes in custom team uniforms and workwear, expanding its footprint in the Nordic region.

PE firm L Catterton is close to reaching an agreement to acquire a large stake in the indoor fitness racing company from Swiss sports media group, InFront Sports & Media, Sky News first reported.

Under Dog will shutter its 70,000-sq.-ft. Portland, OR office later this year, with footwear and design operations shifting to New York and its corporate headquarters in Baltimore.

Investment fund Jehoshaphat Research posted a 60-page analysis on its website accusing GIL of channel stuffing to support revenue growth, and warned of a 20% shortfall coming in the back half of 2026.

Benefiting from Americans’ love of an underdog story, the FIFA World Cup’s return to U.S. soil is seeing a ramp-up in the houses-of-Dassler rivalry and smaller brands picking up endorsement share, while major players use the occasion for marketing and product activations.

Authentic Brands Group’s Reebok licensee for India since 2021, Aditya Birla Lifestyle Brands Ltd, reported 30% Q1 revenue growth for the brand, with comps up double digits and the fleet topping 200 stores.

Olin inked an agreement to acquire the chemical company in a stock swap, with more than $400 million identified in total cost synergies and integration savings.

Asics is establishing a European research hub in collaboration with HumanFab, a sports research and expertise center, aiming to leverage and expand its global research and development network on the continent.

A CA federal court jury sided with Last Brand (dba Quince), finding that its “dupe” boots copied Deckers’ Classic Ultra Mini design, but declaring that DECK’s design patent was invalid.

The exercise apparel brand was successful in persuading the U.K. Intellectual Property Office to reject an application to register a trade mark for “GymBull,” which combines elements of the GymShark and Red Bull logos.

Following earlier deals made with Paddletek and ProXr, Proton has agreed to add Joola’s propulsion core patent numbers and a “Powered by Joola” sticker to its Flamingo pickleball paddle.