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Daily News Feed


04/27/2026


Fenix Outdoor Segment Grows, but North America Falters

Branded segment revenues at the Swedish outdoor company, home of Fjällräven, Royal Robbins, Brunton, and others, were up 2% to €58.0 million ($67.9 mm) for the first quarter.

Lowa Revenues Rise to $272 Million despite Challenging Market

The Tecnica-owned footwear maker reported 4% revenue growth to a record €242.1 million ($272.0 mm) last year, selling 3.1 million pairs of shoes, up 5% year over year.

New Era Cap Resets C-Suite Following ‘47 Brand Integration

The Buffalo, NY-based licensed headwear maker elevated Bruce Popko from SVP global licensing & business development to president, and Lorenz Gan, chief digital & information officer, to COO, both under New Era CEO Chris Koch.

Varsity Brands Details Sports Endeavors Acquisition

Varsity Brands’ BSN Sports subsidiary will absorb Sports Endeavors and Lax.com, the company revealed in a press release offering more details on its recent acquisition, which we reported last week.

Report: JD Sports Chair Exiting After Failed Putsch

Andrew Higginson, who unexpectedly announced last week that he’ll depart the U.K.-based retailer on July 21, made the decision after a failed coup against CEO Régis Schultz, the Financial Times first reported.

Asics Launching Technical Lab

Asics is establishing a 26,000-sq.-ft. technical lab in Kobe dedicated to custom footwear and new sneaker designs, with a start date of Dec. 2027.

04/24/2026


Gymshark Net Slips Despite Rising Revenues

Final numbers for the fiscal year ended July 31 show the U.K. fitness brand’s top line increased 7% to £647,269,000 ($851.7 mm) from £607,345,000, while profits contracted 5% to £6,823,000 ($9.0 mm) from £7,197,000.

Sneaker Demand is Slipping, Survey Finds

Net purchase intent declined 5% year-over-year for athletic shoes and 8% for athleisure and multi-activity footwear, according to the Spring 2026 U.S. Consumer & Executive Footwear Survey from AlixPartners and FDRA.

Nike Announces Another Round of Layoffs

The Eager Beavertons will slash about 1,400 positions, primarily in the technology department, aimed at streamlining the Swoosh’s technology, manufacturing, and supply chain operations.

Rossignol Sales Up Low Singles Last Year

Rossignol Group said sales improved 4% on a like-for-like basis to €346 million ($389 mm) and 3% constant-currency, driven by its year-round performance strategy.

Protective Headgear Inventor Sues Guardian Sports

Shane Michael Johnston, who holds several protective headgear patents, filed suit in GA district court against Guardian Sports for infringing on five patents with its Guardian Xenith Loop.

Etcetera: Xtep, New Era, Watchtower, Nemo

04/23/2026


Shimano Q1 Profits Benefit from ForEx Impacts

Strong growth in fishing more than offset listless bike component sales in the first quarter, pushing revenues 4% higher to ¥117,644 million ($749.9 mm) from ¥113,539 million, with net income jumping 31% to ¥12,814 million ($81.7 mm) from ¥9,786 million.

Helen of Troy Forecasts Growth for Hydroflask and Osprey Segment

Revenues at HELE’s Home & Outdoor segment dipped 2% to $216.5 million for the fiscal fourth quarter ended Feb. 28 as Osprey Packs’ growth eased declines at Hydroflask and the Oxo kitchen brand.

Polygiene Group Swings to Loss in Q1

Sales were down 25% in the first quarter to SEK 31,018,000 ($3.4 mm) from SEK 41,493,000, with a loss of SEK 1,168,000 ($0.1 mm) for the quarter compared to SEK 23,000 profit prior, as results faced an 850 b.p. ForEx headwind.

New Wave Group’s Sports Sales Inch Higher

The Swedish parent of Craft and Cutter & Buck, and distributor of other labels, reported a 7% increase in first-quarter sales to SEK 2,328 million ($237.1 mm), with the Sports & Leisure segment inching up 1%.

Mips Sales Up Low Double-Digits in Q1

The Swedish helmet technology company’s net income grew 53% in the first quarter to SEK 29 million ($3.0 mm) from SEK 19 million, as revenues improved 30% to SEK 151 million ($15.4 mm) from SEK 116 million, and were up 25% on a constant-currency basis.

Vail Resorts’ Skier Visits Decline in Disappointing Winter

Vail said it has been one of the most challenging winters across the western U.S., with record-low snowfall and historically warm temperatures, resulting in 15% lower total skier visits at MTN’s mountain resorts, while retail/rental revenue in N.A. locations dropped 7%.

CPSC Recall: Adjustable Dumbbells

Tzumi Electronics is recalling about 50,000 FitRx SmartBell Quick-Select 5-52.5lbs adjustable dumbbells because the weight plates can dislodge from the handle during use.

Etcetera: Bass Pro, Caddix, Joola, Rockport

 
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