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Daily News Feed


03/20/2026


Footasylum Names New CEO

The U.K. sneaker and streetwear retailer tapped Hannah Mercer as CEO, effective May, a month after the surprise exit of David Pujolar following two years of efforts to stabilize its business.

National Park Visits Inch Lower in February

National Park recreational visits slipped 2% year-over-year to 14,259,458 in the seasonally small month from 14,579,337, and year-to-date visits are now just negative at 27,950,065 from 28,124,187.

Under Armour Sues Counterfeit Seller

Under Dog filed suit in TX district court, accusing eBay seller Infinity RL 2000 of infringing on its logo and marks.

Etcetera: Under Armour, Johnnie-O, Centerline Athletics

03/19/2026


Caleres Guides for Return to Profits this Year

The loss attributable to shareholders was $22,734,000 in the fourth quarter, compared with last year’s net income of $4,930,000, as net sales grew 9% to $695,062,000 from $639,226,000, with most of the gains coming from acquisitions.

Li Ning Sales Improve in 2025, but Profits Dip

The Chinese athletic brand’s net income slipped 3% to RMB 2,935,743,000 ($408.3 mm) last year from RMB 3,012,918,000, as revenues inched up by nearly the same percentage to RMB 29,598,417,000 ($4,116.6 mm) from RMB 28,675,643,000.

Solo Brands Loss Grows on Expanded Restructuring Charges

Net loss attributable to shareholders expanded 64% to $60,635,000 from a loss of $36,979,000 in the fourth quarter as sales tumbled 34% to $94,034,000 from $143,537,000 as it continues to work on aligning promotions across channels.

Stella Int’l Powered by Sports Segment

The bottom line at the Chinese footwear maker was down 19% last year to $137,029,000 from $170,134,000, on 2% higher revenues of $1,570,237,000, up from $1,545,114,000, driven by sneaker sales.

Technogym Americas Sales Improve to End Year

Net income attributable to shareholders at the Italian fitness equipment specialist increased by 32% last year to €115,125,000 ($129.4 mm) from €87,041,000 as revenues gained 13% to €1,019,285,000 ($1,145.3 mm) over €901,288,000.

Report: U.S. Sporting Goods Sales Dropped 9% in Q4

Middle-income consumers pulled back on sporting goods purchases in the final quarter of the retail calendar ended Jan. 31, more than offsetting strong spending from the upper-income cohort, according to Consumer Edge’s Sporting Goods Outlook 2026 report.

NRF Forecasts 4.4% Retail Sales Growth

Retail sales are forecast to increase by 4.4% in 2026 to $5.6 trillion, according to the National Retail Federation and Oxford Economics, despite uncertainty over macroeconomic conditions.

Brooks Shuffles Leadership Team with C-Suite Promotions

The Berkshire Hathaway-owned brand bolstered its management team with the appointment of Mike Billish to the newly created role of SVP and general manager of the Americas, while Melanie Allen is taking on the expanded responsibility of chief marketing officer, and Carson Caprara was elevated to chief product officer.

Joola’s Footwear Skunkworks Readies First Pickleball Shoe

The pickleball brand’s footwear effort, which started over a year ago with the hiring of 28-year Nike veteran Gjermund Haugbro as senior director of engineering, is now ready to bear fruit with the release of its R4LLy pickleball shoe next week.

GSM Outdoors' Outlook Upgraded by S&P Global

The ratings agency revised GSM Outdoors’ outlook to stable from negative, while affirming its B issuer credit rating and B rating on its $775 million term loan.

CPSC Recalls: Pocket Knives, Bike Helmets, Bike Forks

Amazon is recalling about 2,840 Amazon Basics camping folding pocket knives because the folding mechanism can fail to remain properly secured in the closed position.

Etcetera: Under Armour

03/18/2026


Misto Profits Surge for 2025 after U.S. Fila Exit

Net loss attributable to shareholders of the Fila and Acushnet parent narrowed to KRW 6,555 million ($4.5 mm) in Q4 from a loss of KRW 57,182 million prior, as consolidated revenue increased 6% to KRW 915,232 million from KRW 861,374 million.

Feng Tay Sees Demand Slow in Q4

Net income attributable to shareholders fell 10% in the fourth quarter to TWD 1,428.0 million ($48.8 mm) from TWD 1,586.6 million, as revenues at the Taiwanese footwear and sporting goods manufacturer inched down 5% to TWD 20,709.5 million ($664.6 mm) from TWD 21,885.3 million.

Skechers Sneaks Up On Nike in Latest YouGov Research

Industry brands showed strong crossover appeal with fashion consumers in YouGov's Top Threads: U.S. Fashion Retail Rankings 2026 survey as Nike topped next-purchase-considerations, followed closely by Skechers at no. 2, which also secured the top spot with the female cohort.

Nike and Puma Challenge Adidas for UEFA Champions League Ball

For the first time in a quarter-century, the match ball supply contract for European club football’s flagship competition is open to competitive bidding, with Nike and Puma poised to enter the fray by a Mar. 24 deadline, SGI Europe reported.

Lycra to Restructure Under Prepackaged Bankruptcy

The Lycra Company LLC, parent CCS Holding, and two dozen affiliated debtors filed voluntary Chapter 11 petitions in the S. TX federal bankruptcy court, including a prepackaged plan of reorganization backed by secured lenders.

Shimano Settles with the CPSC

The Japanese bicycle component and fishing gear supplier has agreed to pay an $11.5 million civil penalty to settle CPSC charges that it failed to report the danger posed by defective cranksets promptly.

Etcetera: SFIA, Bass Pro, Cotopaxi, Lands’ End, Christensen Arms, Crocs, On

 
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