Daily News Feed 07/11/2025 Tariff Reprieve Extended To August amid Mixed Signals
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. Himaraya Net Slips on Higher Sales
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. Vuori Taps Fabletics Vet as New Global President
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. Etcetera: Bass Pro, MeatEater, KUIU, Ciele Athletics, Marsh Wear Clothing
07/10/2025 Osprey Packs Outperforms in HELE’s Down Quarter
Revenues at Helen of Troy’s Home & Outdoor segment, which includes Hydro Flask and Osprey, declined 10% to $178.0 million in the fiscal first quarter ended May 31, with about 7% of the drop attributed to tariff impacts. Pentland Inks Ellesse License for U.S.
The classic tennis lifestyle brand is returning to the U.S. through an exclusive long-term licensing partnership with Dallas, TX-based The Iconic Brand Corporation, which will launch its first collection in Spring 2026.
The Eager Beavertons elevated Aaron Cain, who is currently global VP and GM of their men’s business, to take over the struggling Converse brand, Bloomberg reported. Beyond Yoga Grows Sales Double Digits
Sales at Levi Strauss’ yoga brand increased 12% in the fiscal second quarter ended June 1 to $36.8 million from $32.9 million, but the operating loss expanded to $4.4 million, up from a loss of $2.9 million prior. Yue Yuen’s Manufacturing Sees Improvement, but Retail Slumps
Yue Yuen’s footwear manufacturing revenue increased 9% in June to an implied $492,884,000 from $453,421,000 last year, while total revenues at the Chinese footwear maker and retailer ticked up 2% to $657,399,000 for the month. Canada Goose Investor Mulls Exit
Bain Capital, which controls the Canadian brand through its multiple voting shares, is considering selling its holdings, Bloomberg first reported, citing sources close to the matter. Blacktusk Outdoors Acquires Fishing Lure Brand
Blacktusk Outdoors, which counts Lunkerhunt and Walleye County in its portfolio, has inked an agreement to acquire Lucky Strike Bait Works for undisclosed terms. Deckers Sues Two over Ugg Knockoffs
DECK filed suit in the CA district court against Project Cloud, KC Exotic Rental, and 1-10 John Does for infringing on its Classic Ultra Mini, Tasman, Tazz, and Neumel trade dress and patent numbers D927,161 and D790,186. CPSC Recall: E-Bikes, Water Bottles
Giant Manufacturing is recalling about 6,200 Momentum Vida E+ e-bikes because the fork steerer tube can crack, break or separate during use. Etcetera: Imperial, TaylorMade
07/09/2025 Soaring Onitsuka Tiger Takes Asics Upmarket
Growing heat at the Onitsuka Tiger brand gave it the spotlight at Asics’ 2025 Investment Day, as a retooling of branding, go-to-market strategy and management structure has been fueling consistent double-digit gains. More Tariff Letters Go Out, but Delay Gives Importers Time
The Trump Administration sent letters to over a dozen key sourcing countries this week, unilaterally imposing so-called “reciprocal” tariffs after failing to reach agreements with trading partners. Retail Imports Expected to Plunge this Fall
After several months of gains from importers rushing to beat new tariffs, cargo imports at major container ports dropped 6% in May to 1.95 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates’ Global Port Tracker report. Dick’s, Foot Locker Special Meeting Set
A special meeting of Big Foot shareholders is scheduled for Aug. 22 to approve DKS’ acquisition of the retailer for $24 per share, or about $2.4 billion. Solo Brands Board Approves Reverse Stock Split
The Solo Stove and Chubbies parent implemented a 1-for-40 reverse stock split of its Class A and Class B common shares, effective July 8, as it aims to address operational and governance challenges. Etcetera: REI, Outdoor Research, Allbirds, Fanatics, Inception Outdoors, Epic Baits
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