Sporting Goods Industry News for July 11, 2025
A hectic and bizarre week of trade negotiation progress and pronouncements from the Trump Administration produced one actionable result—the extension of the suspension of new “reciprocal” tariffs until Aug. 1, giving importers more time to bring in Holiday product.
Net income at the Japanese retailer declined 24% to ¥189 million ($1.2 mm) from ¥248 million despite 4% higher revenues of ¥44,707 million ($293.0 mm) from ¥43,146 million for the nine months ended May 31.
The PE-backed athleisure apparel brand hired Ashley Kechter as its new global president, reporting to company founder & CEO Joe Kudla.
GPRO sees the International Trade Commission rule that Arashi Vision (dba Insta360) is infringing on its Hero camera design and HyperSmooth video stabilization patents.
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