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Daily News Feed


06/19/2026


Sporting Goods Imports Dip Again, Led By China Decline

A year after the Trump Administration announced its “Liberation Day” tariffs, Q1 industry imports settled to more normal historic levels, dropping 8% overall from 2025 to $5,578.0 million from $6,059.5 million.

Castore Buys 160-Year-Old British Shoe Maker

The U.K.-based sportswear brand’s parent company, J.Carter Sporting Club Ltd., has acquired Grenson, one of Britain’s oldest shoemaking brands, for undisclosed terms.

Pocketec Sues over Marks

The golf gloves and accessories maker filed suit in NJ district court, accusing Korman Sports and PT Sukses Komerindo, along with its owner, Andrew Kang, and his brother, the owner of Honest Trading Corp., Young Kang (aka Philip Kang), of misappropriating and infringing on Pocketec’s marks.

Etcetera: Omorpho, Adidas, Reebok, Topgolf

06/18/2026


Giant Reaches Inflection Point as Revenues Return to Growth

Revenues at the world’s largest bike maker have declined 15% to TWD 23.4 billion ($740 mm) for the first five months of 2026, but a May turnaround helped stanch the bleeding.

Joe Vernachio Returns to Columbia

The former Allbirds CEO is the next president of COLM’s Sorel rugged fashion footwear brand, returning to the company where he once led Mountain Hardwear.

Brooks Running Elevates Marc Misiewicz

The Berkshire Hathaway-owned brand bolstered its wholesale division with several promotions, including Marc Misiewicz, a 26-year Brooks veteran, who was named VP of U.S. wholesale.

Gymshark Sued over Deceptive Marketing

Gymshark was hit with a proposed class-action lawsuit filed in S. NY district court, brought by Mihaela Lupea, accusing the exercise apparel brand of doling out money to a vast army of social media influencers to promote its products online without disclosing that they are paid ads.

Etcetera: Nike, Cabot Hosiery Mills, Caitlin Clark

06/17/2026


Smith & Wesson Outperforms in Stellar Final Quarter

Net income soared 88% in the fiscal fourth quarter ended Apr. 30 to $16,222,000 from $8,634,000 as revenues expanded 27% to $178,388,000 from $140,762,000.

Thule Sees Improving Profitability as New Products Drive Growth

Despite weakness in consumer confidence, the Swedish outdoor equipment manufacturer is guiding for green arrows in organic, constant-currency growth, driven by new product launches, with a roughly 200 b.p. negative impact from ForEx on reported results.

Outdoor Participation Inched Higher Last Year

Outdoor participation ticked up 1% to a record 183.2 million Americans aged 6 and older in 2025, according to the latest Outdoor Participation Trends Report from the Outdoor Industry Association and Outdoor Foundation, though frequency remains a concern.

Sporting Goods Sales Continue Momentum in May

Sporting goods, hobby, music, and book store adjusted sales grew 11.3% year over year last month to $8,826 million from $7,932 million, the Commerce Dept. said, and were up 0.3% sequentially.

American Exchange Group Closes Allbirds Acquisition

AEG has completed the acquisition of Allbirds intellectual property assets for $39 million and announced a partnership with brand management and licensing platform WSG Brands as an operating partner.

ID Unlimited Buys Jet Sport

The embroidery equipment maker inked an agreement to acquire Denmark-based Jet Sport, which specializes in custom team uniforms and workwear, expanding its footprint in the Nordic region.

Report: Hyrox on the Block

PE firm L Catterton is close to reaching an agreement to acquire a large stake in the indoor fitness racing company from Swiss sports media group, InFront Sports & Media, Sky News first reported.

Under Armour Scaling-Down Portland Presence

Under Dog will shutter its 70,000-sq.-ft. Portland, OR office later this year, with footwear and design operations shifting to New York and its corporate headquarters in Baltimore.

Etcetera: Fabletics, Bass Pro, Payntr Golf, Nike, Reebok, Traffic Distribution

 
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