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Daily News Feed 03/30/2026 Shenzhou Int’l Sales Soar in U.S. and Europe
Net income declined 7% at the Chinese apparel manufacturer last year, tallying RMB 5,825,262,000 ($815.5 mm) against RMB 6,240,581,000, while revenue was up 8% to RMB 30,993,732,000 ($4,339.1 mm) over RMB 28,662,938,000. MAP Active Profits Improve in Final Quarter
Net income attributable to shareholders at the Indonesian retailer more than doubled in the final quarter to IDR 558,872 million ($33.9 mm) from IDR 252,378 million, on 12% higher revenues of IDR 5,334,637 million ($323.8 mm) against IDR 4,764,545 million. Compass Diversified Sells Sterno Segment
The 5.11, Boa, Primaloft, and Velocity Outdoor parent is divesting the food service business of its subsidiary, SternoCandleLamp Holdings, to Archer Foodservice Partners for $292.5 million, with the proceeds going to pay down debt. Scott Adds Youngone Exec as Co‑CEO
Hsuan Boon Tan, who was most recently head of legal and compliance at Scott’s parent Youngone, joins Pascal Ducrot in Switzerland as co-CEO’s of the bike brand, succeeding Juwon Kim, who is returning to South Korea. Perfect Moment Secures Credit Facility and New Equity Injection
The luxury skiwear brand closed a $2 million equity sale to Krane Capital LLC at a share price of $0.33, a 75% premium over its close last Friday, and landed a $10 million revolving credit facility. Etcetera: Genesco, Shield Sights, New Balance
03/27/2026 Sporting Goods Imports Tumble, and China Drops 44%
Lapping last year’s rush to import product ahead of a second Trump presidency, industry imports declined 15% in the final quarter to $4,895.5 million from $5,733.4 million, with all categories lower and down from Q4 ‘23. Mainland Headwear Profits Soar on Manufacturing Shifts
The Hong Kong-based manufacturer’s net income attributable to shareholders more than doubled last year to HK$118,468,000 ($15.2 mm) from HK$57,074,000 on 15% higher sales of HK$ 1,701,046,000 ($218.1 mm), up from HK$1,474,488,000. Misto Holdings Bets on Direct Digital in China
While Fila, its largest brand, is managed in China through a JV with Anta, the Korean company is itself scaling several of its smaller K-fashion and streetwear brands, including Matin Kim and Marithé + François Girbaud, there. Symphony Holdings Issues Profit Warning
The diversified retailer, brand licensor, and real estate owner announced that its net loss attributable to shareholders will come in around HK$35 million ($4.5 mm) for the year ended Dec. 31, compared to a loss of around HK$143 million in 2024. Epoch Biodesign Raises Another $12 Million
The biorecycling startup focused on nylon closed a new funding round with participation from Lululemon, along with Kompas VC, Extantia, Happiness Capital, and Leitmotif. Jack Nicklaus Acquisition Closes
The brand and intellectual property under Nicklaus Companies, LLC, have been acquired out of bankruptcy by Nicklaus’ investment vehicle 20 Majors, LLC, backed by TWG Global. Etcetera: Sturm, Ruger, Oakley, Sierra, New Balance
03/26/2026 Designer Brands Sees Return to Black Ink This Year
Net loss attributable to DBI narrowed 48% to $19,992,000 from $38,168,000 in the fourth quarter, though sales were flat at $713,589,000 compared to $713,572,000. Shoe Carnival Guides for Profit Drop in 2026
Net income slipped 38% in the fourth quarter to $9,055,000 from $14,665,000 on 3% lower sales of $254,066,000, down from $262,939,000 that included a -3.5% comp, with Shoe Carnival doors comping down mid-single digits and Shoe Station down low-single digits. Xtep’s Merrell and Saucony Sales Jump 31%
Net income attributable to shareholders was up 11% last year to RMB 1,371,571,000 ($192.0 mm) from RMB 1,238,402,000 on a net sales gain of 4% to RMB 14,151,086,000 ($1,981.2 mm) from RMB 13,577,222,000. CSG Sales Soar after Kinetic Acquisition
Czechoslovak Group’s Ammo+ revenue nearly tripled to €1,395 million ($1,567.4 mm) last year from €482 million, benefiting from a full year of contribution from Kinetic, formerly Vista Outdoor’s ammunition segment. CPSC Recall: Petzl Climbing Axes
Petzl America is recalling about 5,360 Nomic and Ergonomic ice climbing axes because the shaft can break at the handle during use. Etcetera: Fox Factory, Vivobarefoot, DC Shoes, Adidas, Under Armour, Joola
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