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Daily News Feed 06/10/2026 Asics Plans to Separate Onitsuka Tiger
Asics’ sub-brand is heading for a spinoff to facilitate faster decision-making for the sport-turned-luxury lifestyle brand, which will include a return to U.S. DTC operations in Feb. Tariff Refunds in Question as Justice Department and CIT Spar
The honeymoon phase of IEEPA tariff refunds has drawn to a close as the Justice Department made good on last week’s hints of an appeal of the U.S. Court of International Trade’s order for universal refunds. Yue Yuen Manufacturing, Retail Slump in May
Yue Yuen’s footwear manufacturing revenue ticked down 4% in May to an implied $483,601,000 from $502,937,000 last year, while total revenues at the Chinese company narrowed 2% to $693,883,000 from $711,425,000 for the month. Adidas Extends Real Madrid Deal Until 2034
The Big a extended its kit partnership with Real Madrid for eight years in a record-breaking deal believed to be worth €1 billion ($1,177 mm), or €120 million per year. Columbia Sportswear Sued over Tariff Refunds
COLM, Columbia Brands, and prAna were hit with a proposed class action in OR district court, brought by Evette Tan, accusing them of charging elevated prices on products that incorporated IEEPA tariffs. Etcetera: SRAM, Erik’s Bike Board & Ski, Adidas, United Wheels, Franklin Sports
06/09/2026 Academy Sports Bumps Guidance after Q1 Comps Turn Positive
Net income improved by 14% in the first quarter to $52,703,000 from $46,084,000, as the top line grew 7% to $1,442,003,000 from $1,351,409,000, helped by 21 new stores and a return to positive comps, +2.9% against -3.7% last year. Designer Brands Improves Despite Weakness at DSW
Net results attributable to DBI bounced back to $1,159,000 in the first quarter, reversing last year’s loss of $17,816,000, as sales grew 1% to $696,350,000 from $686,909,000, with total comps down 1.1%. China Dongxiang Warns of Big Loss
The Chinese footwear and apparel company warned that its bottom line will swing to a loss of around RMB 180 million ($26.0 mm) down from a profit of RMB 207 million for its fiscal year ended Mar. 31. Sporting Goods Sales Improve in May
May sales at sporting goods, hobby, music, and book stores grew 8.59% year over year on an unadjusted basis, but only eked out a 0.25% increase seasonally adjusted, according to the CNBC/NRF Retail Monitor. Firearms Trade Stagnant in March
Handgun imports fell 26% in Mar., to 244,264 units, according to ITC data compiled by the NSSF, including a 26% drop in pistol imports to 223,863 units, while revolver imports declined 20% to 20,401 units. Puma, Mercedes F1 Face More Lawsuits over Shoes
Following last month’s action by Abby Steiner, Jamaican sprinter Damion Thomas Jr., and American 400-meter specialist Champion Allison have filed suit in the Massachusetts state court against The Big Cat and technical partner Mercedes F1. Etcetera: Fanatics, Kuhl, Timberland, HydraPak
06/08/2026 Pickleball Broadens Reach as Growth Moderates
Pickleball has cast a wider net, expanding its demographics beyond the retirees who first put the sport on the map, according to SFIA’s 2026 Single Sport Report for Pickleball, which finds more teens and younger adults participating. Vail Resorts Retail Revenue Drops in Q3
The ski resort operator’s retail and rental revenue was down 8% to $104,211,000 from $123,262,000 in the fiscal third quarter ended Apr. 30, due to extremely unfavorable weather conditions that impacted visitation, particularly at its Rockies resorts. Retail Imports Rise in May on Tariff and Fuel Fears
While imports were down 7% in Apr. to 2.05 million Twenty-Foot Equivalent Units, May is expected to skew higher as retailers rush to bring in goods ahead of more tariffs and rising fuel prices, according to the NRF and Hackett Associates. Etcetera: Dick’s, Mitchell & Ness, Oner Active, On Running
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