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Sporting Goods Industry News for July 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.

Nike Taps New Converse Chief

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
 
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