Americans’ activity trends are skewing in the right directions as participation hit an all-time high while inactivity levels are at record lows, according to SFIA’s 2026 Topline Participation Report.

The Giant Bicycle parent reported TWD 60,254.0 million ($1,933.7 mm) in 2025 revenues, down 15% from TWD 71,278.8 million, and net income declined 43% to TWD 723.3 million ($23.2 mm) against TWD 1,264.0 million.

Net income attributable to shareholders improved 13% last year to TWD 2,749.5 million ($88.2 mm) from TWD 2,430.2 million, on 14% higher revenues of 54,329.0 million ($1,743.5 mm) from TWD 47,785.4 million, incorporating a full year of Bowflex ownership.

Merida Industry, Taiwan’s second-largest bicycle manufacturer behind Giant, bounced back in the final quarter as its bottom line swung to a profit of TWD 1,200.2 million ($39.8 mm) against a loss of TWD 699.1 million, despite revenues declining 10% to TWD 26,757.2 million ($858.7 mm), down from TWD 29,633.1 million.

S&P Global said improved operating performance and reduced leverage led it to upgrade WWW’s issuer credit rating to B+ from B, and also raise its debt level ratings by one notch.

ESCA’s board appointed Patrick Griffin as its new president and CEO, effective Mar. 5.

The Big a filed suit in OR district court against Sole Retriever, a sneaker-focused website that notifies its paying subscribers about footwear releases and availability, and its principal, Harris Monoson, accusing them of stealing designs.

Foot Locker integration costs and a Holiday clearance push to clean up obsolete inventory there weighed on Dick’s bottom line, sending profits down 57% to $128,337,000 from $299,969,000 while the newly acquired sneaker chain’s incremental sales pushed total Q4 revenues up 60% to $6,226,054,000 from $3,893,649,000.

Net income grew 33% in Q4 to $19,550,000 over $14,754,000 as net sales increased 4% to $291,308,000 from $279,160,000, with comps up 2.2%, as North American sales grew 5% to $224.4 million and International was up 3% to $66.9 million.

Net loss was $4,073,000 against a slight profit last year, hurt by a $3.4 million impairment charge on its held-for-sale UST brand, as AOUT revenues fell 3% in the fiscal third quarter ended Jan. 31 to $56,576,000 from $58,505,000.

Judicial action is underway on the tariff refund front as the U.S. Court of International Trade ordered Customs and Border Protection to start a refund process after a senior judge ruled all affected importers “are entitled to the benefit” of refunds in response to a pending lawsuit from a single company.

The U.K.-based fitness apparel maker pre-announced results for the fiscal year ended July 31, 2025, touting a 7% increase in revenue to £646 million ($862 mm) from £607 million, its 13th consecutive year of growth.

G-III Apparel Group said its licensed sports brands topped $130 million in sales last year, up mid-single digits, on full-year results from Starter and the first six months of Converse apparel.

The mobile-focused gun e-tailer’s net income dropped 80% to $0.4 million in the final quarter ended Jan. 31, from $2.0 million, despite revenues up 14% to $29,624,000 from $25,957,000.

LULU founder Chip Wilson issued an open letter to shareholders outlining the board’s shortcomings and why he put forward On Running co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile, and former Activision CEO Eric Hirshberg as director candidates.

The Lulunatics paid A$702,900 ($497k) in penalties after Australian authorities found that more than 370,000 service emails sent over the 2024–25 Holiday period included marketing content without an unsubscribe option.

ProRider is recalling about 9,546 Economy, Turn Ring, Black Foam, BMX, and Toddler bike helmets because they do not comply with impact attenuation, positional stability, labeling, and certification requirements.

Net income attributable to shareholders dipped 3% last year to $381,082,000 from $392,415,000 as revenues declined 2% to $8,031,354,000 from $8,182,161,000 as retail weakness more than offset manufacturing revenues.

The teen retailer’s net income was $2,942,000 in the final quarter against a loss of $13,664,000, as the top line grew by 5% to $55,131,000 from $147,288,000, with a +10.1% blended comp more than offsetting 17 fewer stores than a year ago.

The Finnish fishing brand ended 2024 in the red, tallying a loss for the full year of €4.9 million ($5.5 mm) against a gain of €0.4 million, on sales that were up 3% to €227.5 million ($255.6 mm) against €220.9 million, 6% higher constant currency.

Interactive Strength Inc., whose portfolio already includes Wattbike, Clmbr, and Forme, completed its acquisition of the connected rowing machine maker at a maximum enterprise value of $19.5 million if all earn-outs are achieved.

The Italian technical outdoor brand appointed Deuter USA and Ortovox USA managing director Jonathan Degenhardt as CEO of its North American operations, succeeding Kim Miller after more than two decades in the role.

The outdoor co-op plans to cut starting pay and reduce benefits for existing store staff effective July 1, according to an internal memo first reported by Bloomberg.

The Milan-based insulation supplier has launched Ecodown Fibers T2T, a high-performance insulation that combines 80% post-industrial textile waste and 20% post-consumer PET bottles.

Accusing RGR of “egregiously” breaching a confidentiality agreement between the two companies, the Italian gunmaker said it remains committed to negotiations and hopes to reach a constructive settlement.