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Sporting Goods Industry News for April 08, 2026
Profit inched higher last year at the multi-banner Japanese apparel and footwear retailer, growing 2% to ¥46,346 million ($309.7 mm) from ¥45,358 million for the 12 months ended Feb. 28, as sales increased by the same percentage to ¥378,624 million ($2,529.7 mm) from ¥372,202 million.
Early tests for the Footlocker Fast Break concept stores are getting strong support from vendor partners, Dick’s Sporting Goods said at the J.P. Morgan Retail Round Up, as the 21-door fleet has eliminated the “run-on sentence” of the FL wall of shoes.
Imports fell short of projections in Feb., coming in down 4% to 1.95 million Twenty-Foot Equivalent Units, but the Middle East conflict had little effect, according to the NRF and Hackett Associates.
The iconic snowboard brand’s CEO, John Lacy, will step down after 29 years with the company, but will remain with the company until June to ensure a smooth transition, Shop Eat Surf Outdoor first reported.
The Wrangler and Lee parent added responsibility for the Helly Hansen brand to the current CFO and global head of operations, Joseph Alkire.
Sport Squad (dba Joola) filed a complaint with the International Trade Commission seeking to block several companies from importing pickleball paddles that infringe on its “propulsion core” technology.
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