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Daily News Feed


04/07/2026


Academy Sports Maps Growth Strategy through 2030

The retailer put an $8.0 billion sales figure atop a new five-year plan unveiled at its 2026 Analyst Day, driving a 5% sales CAGR with 125 new stores, a low-single-digit comp, and e-commerce growth to 15% of the top line from the current 12%.

Sporting Goods Categories Score Tariff Exemptions

Lobbying efforts by companies and trade organizations have resulted in the removal of many product categories from the scope of onerous 50% levies on steel and aluminum products, according to an Apr. 2 proclamation from the White House.

IFit Names New President and CFO

The parent of Nordictrack, ProForm, and Freemotion hired veteran health and wellness industry executive Marc Washington as president and chief financial officer.

Beyond Yoga Sales Increase 23%

Levi Strauss’ Beyond Yoga brand grew by 23% in the fiscal first quarter ended Mar. 1 to $43.3 million from $35.2 million, narrowing the operating loss to $0.8 million from a loss of $3.1 million prior.

Fleet Feet Scores Nike Running Partnership

The 285-plus-door franchised running specialty chain inked an official vendor partnership with the Swoosh, aiming to improve Nike Running product assortments in its stores and to collaborate on event sponsorships.

GoPro Plans 145 Staff Cuts in New Restructuring

The struggling action camera maker will slash about 23% of its workforce beginning in the second quarter of 2026, aiming to reduce operating costs and drive stronger operating leverage.

Dick’s Derivative Class Action Trimmed Down

DKS sees a PA district court judge reject most of a Magistrate’s findings in a derivative class action against senior executives at the retailer, but the suit can move forward on several remaining claims.

Obituary: Conny Klimenko

The water sports industry pioneer and longtime member of the Sporting Goods Industry Hall of Fame passed away on Mar. 18, 2026. He was 90 years old.

Etcetera: Solo Brands, Colt CZ Group, Boot Bananas, Stio, LifeLabs

04/06/2026


Pon Bike Revenues Slip in 2025

Dutch conglomerate Pon Holdings’ Pon.Bike division posted sales of about €2 billion in 2025, down from €2.1 billion the year before, while maintaining profitability in a choppy environment, though hard figures were not available further down the P&L.

Crocs Scores Upgrade from Moody’s

The ratings agency raised Crocs’ corporate family rating to Ba2 from Ba3 and also bumped up its debt-level ratings on the clogmaker, while revising its outlook to stable from positive.

Nike Closing Fitness Studios

The Eager Beavertons have shuttered or suspended all of their boutique fitness studios’ operations, according to multiple reports.

U.S. Ski Team Sues 360Sweater

The U.S. Ski Team filed suit in UT district court, accusing 360Sweater Company (dba Naked Cashmere) of infringing on its logo and marks.

Etcetera: Adidas, L.L. Bean, Li Ning, Li Ning, Revel Bikes

04/02/2026


No NewsWire on Good Friday

In observance of Good Friday, we will not be publishing SGI NewsWire on Friday, April 3. We will resume publishing on Monday, April 6.

Tariff Refund Portal Progressing, CBP Reports

The development of IEPPA tariff refund infrastructure is well past the 50% mark, according to a court filing this week from CBP official Brandon Lord, although the department is still mum on a start date for applications.

WHP Global Closes Lands’ End Deal

The licensing company that owns Lotto and a dozen other brands now owns a 50% stake in LE brand assets through a joint venture with the retailer.

NICS Checks Rise Again on Gun Control Fears

NSSF’s adjusted NICS checks increased for the second consecutive month, rising 1.9% to 1,412,917 in Mar. from 1,386,724 a year ago, and are up 1.6% year to date.

ThredUp Projects Secondhand Apparel to Reach $393 Billion by 2030

The apparel resale platform sees secondhand apparel sales growth outpacing the overall apparel market by a factor of two, with a 7.3% CAGR vs. 3.6% between 2025 and 2030.

Solo Brands Faces Delisting Again

Trading in the Solo Stove and Chubbies parent’s shares has been suspended by the NYSE, which has commenced proceedings to delist SBDS because its market cap fell below $15 million for more than 30 consecutive days.

Nike Beats Most Claims in Investor Fraud Case

The Eager Beavertons scored a victory as an OR district court judge dismissed with prejudice nearly all the claims in a securities class action against the company, but left the door open for the plaintiffs to amend one claim against Nike and former CEO John Donahoe.

Peloton Wins Derivative Suit

An E. NY district court judge has dismissed a suit brought by Sam Solomon on behalf of shareholders that claimed PTON intentionally concealed safety-related defects, which ultimately ended in the company recalling over 2 million Bikes.

American Outdoor Brands Sues over Copycats

AOUT filed suit in TX district court, accusing Eposeidon Outdoor Adventure and KastKing Fishing Tackle of infringing on two patents related to its Bubba interchangeable fillet knife with the defendant’s KastKing products.

CPSC Recall: Ocun Carabiners

Ocun N.A. is recalling about 304 Condor HMS triple carabiners because the gate can malfunction, failing to close automatically and requiring closure by hand.

Etcetera: Fanatics Collectibles

 
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