|
Daily News Feed 04/21/2026 Moncler’s Q1 Improves Led by Strength in Asia
Revenue was up 6% at the luxury apparel brand for Q1, tallying €880,584,000 ($1,030.3 mm) over €829,021,000, with sales of both Moncler and Stone Island rising. Allbirds’ Shoe Biz Results Drop
While shareholders look to BIRD’s AI future, first-quarter operations continued the brand’s long-term downward trend, with sales dropping 30% to $22,321,000 from $32,114,000, according to a preliminary and unaudited filing. Varsity Brands Buys Sports Endeavors
The BSN Sports parent is making a further push into the team sector with the acquisition of Sports Endeavors, the parent of Soccer.com, along with Lax.com, in transactions estimated to total between $300 and $400 million. Sporting Goods, Apparel Sales Gain in March
Sporting goods/hobby/book and music store adjusted sales increased 3.8% in Mar. to $8,457 million compared to $8,145 million, the Commerce Dept. reported, flat sequentially from Feb.
The Chinese sportswear brand said its retail sell-through grew low single digits, including both e-commerce and in-store sales, in the first quarter of 2026, following a solid Q4. Yue Yuen Warns of Halved Q1 Profits
The footwear manufacturer and parent of Chinese retailer Pou Sheng said that first-quarter net income attributable to shareholders is expected to fall between 50% and 55% from a year ago to $34 to $38 million. Gathr Outdoors Resets Executive Team Under New CEO
The Centre Partners-backed parent of GCI Outdoor and other outdoor and sporting goods brands appointed Jessica Klodnicki as its new chief executive officer. KMD Brands Completes Retail Entitlement Offer
The parent company of Rip Curl, Kathmandu, and Oboz closed the retail leg of its NZ$65.3 million ($38.0 mm) capital raise, raising NZ$11 million ($6.4 mm), as shareholders’ appetite for KMD’s recovery appears tempered. White Room International Acquires Critical Slide Society
White Room, which has the Carve, Drift, Amco, Escosol, and SMP brands in its portfolio, inked an agreement to acquire the Australian surf and lifestyle apparel brand for undisclosed terms. Etcetera: Sperry, Sierra, Turtleson
04/20/2026 Puma Taps Laurent Fricker to Lead Sportstyle
The 20-year Adidas and Reebok veteran is the latest of many executives to change teams on the north bank of the mighty Aurach River, taking charge of The Big Cat’s heritage product on June 1. Lululemon Expands Footprint in Mexico
The Lulunatics launched their e-commerce platform in Mexico, aiming to scale its integrated retail, digital presence, and omnichannel prowess, with around eight new stores opening there in FY 26. Wilson Combat Acquires Custom Firearms Maker
Wilson Combat inked an agreement to acquire Guncrafter Industries' brand and assets, bringing the two U.S. custom firearms manufacturers together. Nike Takes Heat for Sarcastic Boston Marathon Sign
The Eager Beavertons have apologized after a barrage of social media outrage over a “Runners Welcome. Walkers Tolerated” sign posted in a Nike store window near the Boston Marathon finish line. Etcetera: Goldwin, Asics, Outdoor Business Alliance, Reebok
04/17/2026 Retailers Will Accelerate Store Openings This Year
Industry retailers plan to grow their aggregate square footage by 2.6% in 2026, nearly double last year’s pace, led by the ambitious opening cadence of Dick’s and Academy Sports’ big-box stores. S&P Global Downgrades Nike to Negative
S&P downgraded the Eager Beavertons’ outlook from stable to negative, reflecting the prolonged time it’s taking to overhaul its merchandising and go-to-market strategies, while the ratings agency affirmed the Swoosh’s A+ long-term issue credit rating and A-1 short-term commercial paper rating. Fitch Weighs in on Gildan after HBI Deal Closes
The ratings agency affirmed GIL’s long-term issuer default rating of BBB with a stable outlook, trumpeting Gildan’s $4.5 billion acquisition of Hanesbrands, nearly doubling the company’s revenue base to just over $6.0 billion, guided for FY ‘26 from $3.3 billion standalone. Adidas Launches Global Media Review
The Big a spent over €3 billion on global marketing efforts last year, and is now opening a global pitch process for its media account, Campaign UK first reported.
The Groupe Bruxelles Lambert-owned brand tapped Matthias Meier as CEO, effective May 1, succeeding founder and long-time chief, Roman Arnold, who will remain executive chairman and focus on product innovation and strategy. Report: Chip Wilson Creates New Investment Entity
The Lululemon founder and major Amer Sports shareholder is apparently taking time away from his proxy battle with LULU’s board to form a venture to back new and existing athletic-focused brands, Bloomberg reported. Vendors, Employees Spared in Pre-packaged QVC Bankruptcy
The shopping network has reached a deal with lenders to restructure $6.6 billion in debt to just $1.3 billion and emerge within 90 days from a pre-packaged Chapter 11 filing in S. TX bankruptcy court. Etcetera: PGA Tour Superstore, Birkenstock, Eagle Creek, On Running, Astral Designs
|
