The thundering euro decimated Adidas’ reported numbers in what was otherwise an outstanding first quarter, with net income attributable to shareholders growing 13% to €482 million ($567 mm) from €428 million on 7% higher revenues of €6,592 million ($7,755 mm), up from €6,153 million that would have been up 14% constant currency.

GRMN’s fitness segment saw Q1 sales improve 42% to $546,822,000 from $384,722,000, with growth across all categories, led by strong demand for advanced wearables.

Net income posted a 10% improvement in the first quarter to SEK 293 million ($32.2 mm) from SEK 266 million as sales ticked down 3% (+4% CC) to SEK 2,573 million ($283.0 mm) from SEK 2,662 million.

The Indonesian retailer’s net income climbed 38% to IDR 470,572 million ($27.9 mm) in the first quarter from IDR 339,980 million, on 15% higher revenues of IDR 4,954,727 million ($293.9 mm) from IDR 4,319,434 million.

Having kept his powder dry following the announcement of O’Neill’s appointment, Wilson brought all guns to bear after Lululemon’s proxy statement came out.

The ratings agency lowered its issuer credit rating on S&S Holdings LLC to B- from B, with a stable outlook, citing elevated leverage following last year’s acquisition of Alphabroder and soft industry revenue trends.

The hockey specialist is acquiring Perani’s Hockey World, adding the retailer’s 22 stores across the Midwest and surrounding regions to Pure Hockey’s footprint.

NB’s senior executive for the region, Stuart Henwood, said that sales in the UAE, Qatar, and Saudi Arabia grew 35% last year, in an interview with Arabian Business.

World champion sprinter Abby Steiner is suing The Big Cat, along with technical partner Mercedes F1 team, claiming that shoes supplied to her caused career-ending foot and ankle injuries.

Mitigation efforts could not offset $7.1 million of incremental tariff expense in Q1, sending net income down 75% to $1,259,000 from $4,941,000 despite 9% sales growth to $124,401,000 from $114,073,000.

LULU appointed former chief growth and marketing officer at Unilever, Esi Eggleston Bracey, to its board of directors, replacing Colgate-Palmolive COO Shane Grant, who will not stand for re-election at the June 25 shareholders’ meeting.

The U.S. Trade Representative’s office kicked off the first round of a two-week slate of Section 301 investigations hearings in Washington on Tuesday, as a look into the use of forced labor in products for U.S. import, produced over 450 comments and drew 60 panelists for a two-day hearing.

The Eager Beavertons will lay off 172 workers at its MO air-sole facility this summer, according to a WARN notice filed with the state’s Department of Labor and Industry.

The Germany-based firearms maker elevated its current director of shotgun sales in the U.S., Josh McBrayer, to CEO of operations here.

Staff at the outdoor co-op’s San Diego, CA, store have filed a request to join the United Food and Commercial Workers Union.

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.

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.

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’ 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.

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 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.