Daily News Feed 10/13/2025 Trump Threatens 100% China Tariff, Briefly
Another round of will-they-or-won’t-they in the tariff war broke out over the weekend after President Trump threatened an additional 100% tariff on Chinese goods following Beijing’s latest restrictions on rare earth minerals. Reebok Royalties Grew 9% Last Year
Revenue from global Reebok brand licenses increased 9% to $302,489,000 in 2024 from $276,436,00 prior, according to a Companies House filing by U.K.-based Reebok International Limited and its subsidiary RILUK IPCO Limited, which owns the Reebok intellectual property under Authentic Brands. Yue Yuen Manufacturing Up, Retail Down in September
Yue Yuen’s footwear manufacturing revenue grew 11% in Sep. to an implied $443,573,000 from $400,410,000 last year, while total revenues at the Chinese footwear maker and retailer increased 5% to $633,036,000 for the month.
Chinese running specialist 361 Degrees said that core brand retail sales and sales of its independently run 361º Kids brand both grew approximately 10% in Q3. On Running Sued over Squeaky Soles
The Swiss running brand is being sued in OR district court in a proposed class action brought by plaintiffs Louis Bologna and Patricia Ramirez, who claim its CloudTec sole technology causes “a noisy and embarrassing squeak” with every step. Etcetera: Li-Ning, Fabletics, On Running, POMOCA, New Balance
10/10/2025 Sports Equipment Market Returned To Growth In 2024
Following a 7.2% drop in 2023, total hardgoods sales increased 1.8% last year to $107,039 million from $105,122 million, but just 16 of the 42 companies on our list saw an improved top line. Himaraya Profits Nosedive to End Year
The bottom line at the Japanese retailer plummeted 95% to just ¥11 million ($0.1 mm) from ¥206 million on sales that were up 3% to ¥60,447 million ($418.3 mm) from ¥58,512 million for the fiscal year ended Aug. 31. Asics N.A. Elevates Mike Dougherty, Four VPs
Asics North America announced a major restructuring of its management team under CEO Koichiro Kodama, headlined by the promotion of Mike Dougherty to chief operating officer, based in the Boston office. Klutch Athletics Taps Scott Munson as President
The athletic brand, which was founded by sports agent Rich Paul, hired 28-year Eager Beaverton Scott Munson as its new president and general manager. Frasers Group Buys Luxury Retailer
The Sports Direct parent acquired a majority stake in Miami-based luxury retailer, The Webster, aiming to expand its footprint in the space.
10/09/2025 Tariff and Demand Headwinds Hit Helen of Troy
Sales at HELE’s Home & Outdoor segment, home of Hydro Flask and Osprey Packs, were down 14% to $208,721,000 from $241,944,000 for the fiscal second quarter ended Aug. 31, with operating results swinging to a loss of $72,578,000 against income of $31,152,000. Teen Survey Finds Nike Stabilizing as Spending Falls
Nike’s dwindling athletic footwear mind share among teens decelerated, though it still lost a bit to Adidas, New Balance, and On, according to the Fall 2025 Taking Stock with Teens survey from Piper Sandler and DECA. DRJB Holdings Sales and Profits Rise
Net income at David Beckham’s company increased 24% to $33.1 million last year, compared to $26.8 million in the previous year, on a 1% higher turnover of $92.3 million, up from $91.2 million, driven by Stella Artois and SharkNinja brand deals. DTC Sends Beyond Yoga Sales Higher in FQ3
Levi’s reported revenues from its yoga brand increased 2% to $33.0 million in the third quarter ended Aug. 31, up from $32.2 million, and operating loss narrowed to $4.8 million from a loss of $5.8 million. Etcetera: Designer Brands, Crocs, CEP Running, Club Champion, New Balance
|